Who created the first cryptocurrency?

The first cryptocurrency was Bitcoin, created by an anonymous computer programmer or group of programmers known as Satoshi Nakamoto in 2009. Satoshi Nakamoto was concerned that traditional currencies were too reliant on the trustworthiness of banks or governments to work properly.

Who is bitcoin's inventor?

The real identity of Bitcoin's inventor is crypto's greatest mystery On January 3rd, 2009 — at around 18:15:05 UTC — Satoshi Nakamoto mined the very first bitcoin. Which was fitting, given that Satoshi is to Bitcoin as Alexander Graham Bell was to the telephone.

Who is bitcoin creator Dorian Satoshi Nakamoto?

Some have been ridiculous. In 2014, Newsweek announced with great fanfare that the magazine had located Bitcoin’s creator in Southern California — in the form of a 64-year-old retired physicist named Dorian Satoshi Nakamoto.

Did Nakamoto create bitcoin?

We know that Nakamoto created Bitcoin. This fact is based on the famous Bitcoin white paper, “Bitcoin: A Peer-to-Peer Electronic Cash System,” published online in October 2008. Nakamoto was the author of the white paper, laying out the theory and operating structure of the Bitcoin payment system.