Dorsey tied to Satoshi Nakamoto in new theory

A new theory emerged on social media platform X, suggesting that American entrepreneur Jack Dorsey might be the mysterious creator of Bitcoin, Satoshi Nakamoto, CoinTelegraph reported.

Seán Murray, president and chief editor of deBanked, presented a compilation of facts, numbers, and dates on February 15, linking Dorsey to Bitcoin, which has reignited the long-standing debate about Nakamoto's true identity.

Dorsey, who co-founded Twitter (now X) and the digital payments company Square, has been a vocal advocate for Bitcoin for over a decade.

Despite denying the claim in an April 2020 interview, stating, "No, and if I were, would I tell you?" Murray believes there is a strong possibility that Dorsey is indeed Nakamoto. He points to Dorsey's cypherpunk leanings dating back to his college years in 1996 and cites an instance where Dorsey wore a shirt related to Hashcash inventor Adam Back and penned a manifesto in 2001 about making an impact anonymously.

Murray's theory includes observations such as the first Bitcoin transaction occurring on Dorsey's mother's birthday, January 11, and the last Bitcoin block believed to be mined by Satoshi on his father's birthday, March 5, 2010. He also noted that Satoshi signed up to the Bitcoin forum on Dorsey's birthday, November 19, and mentioned that the original Bitcoin source code documents are timestamped at 4 am, a time once featured in Dorsey's Twitter profile.

Adding to the intrigue, Murray suggests that the "jD2m" in one of the Bitcoin addresses created through brute force stands for "Jack Dorsey 2 Mint," referencing Dorsey's former San Francisco residence. Furthermore, the hacking of Satoshi's "GMX" email on September 8, 2014, led to an extortion attempt where the hacker claimed to know about Satoshi's connection to St. Louis, Missouri, which is Dorsey's birthplace.

Murray also linked the WikiLeaks debacle to Dorsey, noting that Satoshi discouraged Bitcoin donations to WikiLeaks on December 5, 2010, and just days later, on December 14, Twitter was ordered to hand over information about WikiLeaks. He pointed out that Satoshi's last login to the Bitcoin forum was on December 13, one day before the court order.

While Murray has been working on this evidence since at least December 23, 2024, and has presented supporting evidence in 10 of the 15 "chapters" on Dorsey's alleged ties to Satoshi, the theory has been met with skepticism. Critics argue that it is unlikely Satoshi, who created a form of uncensored money, would engage in censorship, as Dorsey's Twitter did following government intervention. Additionally, some question the plausibility of Satoshi wearing a "Satoshi" shirt in public, which Dorsey did at the Super Bowl in 2024.

Bitcoin cypherpunk Jameson Lopp criticized Murray's accusations, stating in a February 2024 post on X that without conclusive evidence, such claims are irresponsible and potentially harmful. This latest theory on Dorsey's potential link to Satoshi Nakamoto joins a list of other speculated individuals, including Hal Finney, Adam Back, and Nick Szabo, none of whom have been definitively proven to be the enigmatic creator of Bitcoin.

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