Since Bitcoin was created, many theories revolve around this digital currency with such technological advances that Great Trading Conditions it could be considered the future digital gold and the new digital market in full force.
Bitcoin was born when the world was going through one of the most potent economic and financial crises; however, at that time, its impact was not so significant; years later, Bitcoin has begun to take flight and has positioned itself as the leading digital currency.
Scientists, computer scientists, mathematicians, and even the CIA itself have been linked to Bitcoin and its creation; consequently, its creator, even knowing his pseudonym Satoshi Nakamoto, has not been able to confirm its physical existence.
Although the years go by, the interest of many in knowing who is the genius behind the most popular virtual currency is and whose market capitalization has reached unimaginable levels continues, no one gives up on investigating and being able to find the person.
Where did Bitcoin come from?
Bitcoin arises as a response to a constant need to experience a new financial system, where the participation of all types of users is not limited while allowing transactions to be carried out without the intervention of third parties.
Blockchain technology is a decentralized network that offers an innovative way of making payments and promoting a new and most interesting utterly digital currency.
Bitcoin, unlike Fiat currencies, has a limited number of coins to be issued. In contrast, Fiat currencies, in the face of a financial or inflationary crisis, their issuance is increased as a measure that allows them to counteract the effects of inflation.
A new way of seeing the economy, with a digital dynamic, where the intervention of financial and government entities is completely null; consequently, its value is not modified by either of these two entities.
Let’s talk about Bitcoin as a computer system or platform known as Blockchain. Two essential aspects stand out: first, the validation of its operations and the low costs per generated transaction.
Regarding the validation of its operations, the Blockchain, through the nodes or blocks, allows recording the transactions carried out under this ecosystem as it is done in an accounting book, in a public way so that its users are in charge of confirming each registration and thus avoid any attempt at fraud.
On the other hand, since there is no intervention of third parties in charge of confirming the transactions, and for this reason, the high surcharge of commissions is generated; having a secure platform such as Blockchain allows these commissions to have a low value.
Although this digital currency was born in 2008, with an attractive proposal where the primary beneficiaries would be the citizens, it was not until 2009 that the Blockchain platform finished giving that push and security.
All this is to carry out operations quickly and without geographical limitations. It has been another of the attractions of Bitcoin, which by 2022 has already reached high values that were never expected.
Its market capitalization almost reaches 830 billion dollars, an incredibly high sum, and the support of its followers is what keeps it in the first place among cryptocurrencies.
Many claims to be Satoshi Nakamoto
Almost 14 years after the creation of Bitcoin, we still do not know who Satoshi Nakamoto is, the pseudonym under which the creator of this digital currency became known, still; even physically, it is not known who he is.
Many personalities have tried to demonstrate that they are these ingenious people who, from anonymity, created a new digital financial system without imagining the impact that it would have on the finances of many people today.
In some cases, it has been thought that the creator of Bitcoin is not a single person but a group of people, including physicists, mathematicians, and computer scientists, who only hide behind this pseudonym.
Some of the names that have been released as creators of Bitcoin, resulting in a complete failure to try to be Satoshi Nakamoto, are:
Craig Wright, a well-known Australian businessman and computer scientist, recently claimed to be the Satoshi Nakamoto that everyone expects to meet, but, as expected, a dubious answer caused him to be discarded.
On the other hand, we find Nick Szabo, cryptographer and computer scientist from the United States, Hal Finney, Dorian Satoshi Nakamoto, and recently James A Donald, The latter with impressive knowledge of technology, programming, networks, cryptography, economics, and computing.
Even the millionaire and CEO of Tesla think in favor of Nick Szabo; still, we will have to keep waiting to know the true identity of who hides behind this original pseudonym.
Conclusion
Many curiosities and secrets around Bitcoin still generate uncertainty in many of its users, but this has not interrupted its growth, much less it’s positioning, which is constantly climbing better positions.
We only have to know that Satoshi Nakamoto created a new digital financial system and that it has turned out to be attractive to many and whose profits he has made more than one millionaire.