Jack Dorsey, the co-founder of Twitter (now X) and Square (Block), has long been a figure at the forefront of the tech world, but new speculation now suggests he could be behind the creation of Bitcoin, operating under the pseudonym Satoshi Nakamoto. This theory, introduced by Sean Murray, editor-in-chief of deBanked, is supported by a series of intriguing coincidences and historical details.
Murray’s investigation connects Dorsey’s early interest in cryptography and cypherpunk culture to the beginnings of Bitcoin. In his college years, Dorsey was deeply involved in the cryptographic scene, attending cryptography-focused courses and wearing an RSA t-shirt from Hashcash creator Adam Back. Additionally, Dorsey’s autobiography from 2003 describes late-night hacking sessions and a growing interest in cryptography, while the timestamps of Bitcoin’s original code align with the hours mentioned in his writing. Interestingly, Dorsey also wrote about creating a barter network and moving away from reliance on the US dollar, concepts that echo Bitcoin’s core principles.
Several other clues have led Murray to believe in Dorsey’s potential connection to Bitcoin. For instance, the first Bitcoin transaction coincided with Dorsey’s mother’s birthday, while Bitcoin’s creator, Satoshi, joined the Bitcoin forum on Dorsey’s birthday. Furthermore, the last block mined by Satoshi fell on Dorsey’s father’s birthday. These correlations, along with other unusual overlaps like Dorsey’s involvement in Square and Twitter during key Bitcoin events, fuel the theory.
However, there are voices that challenge this theory. Analysts from BitMEX Research argue that tracing the exact timeline of Satoshi’s mining activities is difficult, as the "Patoshi pattern" has become unclear over time. Moreover, Murray suggests that certain Bitcoin addresses, including those with "jD2m" in the middle, could reference Dorsey’s San Francisco address. Despite Dorsey’s ambiguous comments about his potential involvement with Bitcoin, such as his 2020 podcast statement where he suggested he would not admit it even if he were Satoshi, these theories continue to intrigue the crypto community.
While the true identity of Satoshi Nakamoto remains a mystery, the idea that Jack Dorsey could be the creator of Bitcoin adds a fascinating layer to the ongoing debate. Whether true or not, this speculation highlights Dorsey’s profound impact on the world of cryptocurrency and his deep connections to its early development.
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