Satoshi Nakamoto is the identity used by the unknown person or people who developed Bitcoin, authored the Bitcoin white paper, and created and deployed the first Bitcoin implementation. As part of the implementation, they also devised the first blockchain database. Satoshi Nakamoto ceased public involvement with Bitcoin at the end of 2010; their last public post was made in 2014 as a rebuttal to claims on the “true” nature of Satoshi’s identity. During Bitcoin’s peak in December 2017, the Satoshi Nakamoto identity could lay claim to a fortune worth over $19 billion, making Nakamoto possibly the 44th richest person in the world at that time. To this day both the public identity and Bitcoin wallet attached to the identity of Satoshi Nakamoto remain inactive.
Kevin Werbach considers the pitfalls and the potential of Bitcoin and blockchain, explored in three recent publications....