Jack Dorsey Denied as Bitcoin Creator Satoshi Nakamoto by Coinpedia

Jack Dorsey, the former CEO of Twitter and founder of Block (formerly Square), has been the subject of a viral theory suggesting he might be the creator of Bitcoin, Satoshi Nakamoto. This theory, which has resurfaced due to a post by crypto trader James Wynn, is based on a series of coincidences and symbols that some believe link Dorsey to the mysterious figure behind Bitcoin. However, a thorough fact-check by Coinpedia has found no credible or verifiable evidence to support this claim. The theory is built on coincidences and online speculation, not facts.

The theory gained traction after James Wynn posted a thread suggesting Dorsey could be Satoshi. Previously, Matthew Sigel, the former Head of Digital Asset Research at VanEck, and Seán Murray had also hinted at similar ideas. Coinpedia’s research highlights several key points that counter this theory. Firstly, the coincidental timelines and symbolism presented in the viral post are not unique to Dorsey. For instance, Dorsey’s 2003 bio mentioning crypto, pseudonyms, and “4 AM hack” sessions are said to match timestamps in Bitcoin’s code. However, these are circumstantial and not unique to Dorsey. Similarly, the supposed sailor’s saying in the original Bitcoin code is cited as a nod to Dorsey’s sailing background, but this is speculative and not a direct link.

Secondly, there is no concrete technical or blockchain evidence linking Dorsey to Satoshi. Claims about a Bitcoin address labeled “jD2m” being tied to Dorsey’s San Francisco location are unsubstantiated. There is no verifiable blockchain or cryptographic evidence connecting Dorsey to Satoshi’s wallets or code commits. Additionally, while Dorsey is a vocal Bitcoin supporter and has worn Satoshi-themed shirts, advocacy does not equate to authorship. Dorsey’s communication style and public persona are well-documented and differ significantly from Satoshi’s writing style in emails and forum posts. Dorsey has publicly supported Bitcoin projects and spoken openly about his involvement, while Satoshi remained anonymous and distanced from all publicity.

Thirdly, the time constraints and professional commitments of Dorsey make it implausible for him to have been Satoshi. Coinpedia and other researchers highlight that Dorsey was deeply involved in running Twitter and later Square during the years Satoshi was most active. The enormous time and technical commitment required to create and launch Bitcoin would have been nearly impossible to conceal alongside Dorsey’s public roles. Furthermore, there is no evidence that Dorsey controls any of Satoshi’s original Bitcoin wallets. The early coins attributed to Satoshi have never been moved, and no one has demonstrated the ability to sign a message with Satoshi’s private keys.

Finally, the community and expert skepticism surrounding this theory is significant. Leading crypto researchers, such as Jameson Lopp and BitMEX Research, argue that the theory relies on unreliable patterns and speculative links, not on hard facts. BitMEX Research, for example, challenges claims about the “Patoshi pattern” and the ability to pinpoint Satoshi’s mining activity or identity based on block timing and forum sign-up dates. Coinpedia’s research, along with input from blockchain experts, finds no concrete or technical evidence linking Jack Dorsey to Satoshi Nakamoto. The claims are based on coincidences, symbolism, and speculative connections that do not withstand scrutiny. Without cryptographic proof or blockchain evidence, the theory remains just that—a viral internet rumor, not fact.