This article is from the source 'guardian' and was first published or seen on . It last changed over 40 days ago and won't be checked again for changes.

You can find the current article at its original source at http://www.theguardian.com/technology/2014/mar/07/satoshi-nakamoto-denies-inventing-bitcoin

The article has changed 4 times. There is an RSS feed of changes available.

Version 0 Version 1
Satoshi Nakamoto denies inventing bitcoin amid farcical media chase Satoshi Nakamoto denies inventing bitcoin amid farcical media chase
(about 3 hours later)
Nakamoto, 64,Nakamoto, 64,
disputed a Newsweek cover story that on Thursday unmasked him as the “father of bitcoin”. His denial cast doubt on a putative scoopdisputed a Newsweek cover story that on Thursday unmasked him as the “father of bitcoin”. His denial cast doubt on a putative scoop
the magazine used to relaunch its print edition.the magazine used to relaunch its print edition.
Nakamoto made theNakamoto made the
denial in an interview with the Associated Press after a day of near-slapstick scenes in which dozens of journalists pursued him and an APdenial in an interview with the Associated Press after a day of near-slapstick scenes in which dozens of journalists pursued him and an AP
reporter through the city, provoking a social media storm. “Ireporter through the city, provoking a social media storm. “I
got nothing to do with it,” he said.got nothing to do with it,” he said.
A media posse continuedA media posse continued
seeking Nakamoto on Thursday night after he left the AP office inseeking Nakamoto on Thursday night after he left the AP office in
downtown LA where he and the reporter had sought refuge earlier indowntown LA where he and the reporter had sought refuge earlier in
the day.the day.
The Newsweek story,The Newsweek story,
written by Leah McGrath Goodman, named him as “the mystery manwritten by Leah McGrath Goodman, named him as “the mystery man
behind the crypto-currency” which exploded in popularity in 2013behind the crypto-currency” which exploded in popularity in 2013
and supposedly made its founder worth $400m.and supposedly made its founder worth $400m.
During a recentDuring a recent
encounter at the doorstep of his modest two-storey home in Templeencounter at the doorstep of his modest two-storey home in Temple
City, a suburb in the San Gabriel valley, he tacitly acknowledged hisCity, a suburb in the San Gabriel valley, he tacitly acknowledged his
role, said the report. “I am no longerrole, said the report. “I am no longer
involved in that and I cannot discuss it,” it quoted him saying.involved in that and I cannot discuss it,” it quoted him saying.
“It’s been turned over to other people. They are in charge of it“It’s been turned over to other people. They are in charge of it
now. I no longer have any connection.”now. I no longer have any connection.”
That version wobbledThat version wobbled
when Nakamoto told AP he had never heard of bitcoin until contactedwhen Nakamoto told AP he had never heard of bitcoin until contacted
by Newsweek three weeks ago.by Newsweek three weeks ago.
The confusion was theThe confusion was the
latest twist to bitcoin’s rollercoaster fortunes. After hitting alatest twist to bitcoin’s rollercoaster fortunes. After hitting a
peak of $1,200 last year it tumbled to $130 last month after its mostpeak of $1,200 last year it tumbled to $130 last month after its most
popular exchange, Mt Gox, collapsed. It was rebounding this week andpopular exchange, Mt Gox, collapsed. It was rebounding this week and
valued at $665 on Thursday despite another scandal involving the bankvalued at $665 on Thursday despite another scandal involving the bank
Flexcoin. Detractors have accused bitcoin of facilitating drugFlexcoin. Detractors have accused bitcoin of facilitating drug
smuggling and money laundering.smuggling and money laundering.
Satoshi Nakamoto, aSatoshi Nakamoto, a
name attributed to the currency’s founder, was widely deemed aname attributed to the currency’s founder, was widely deemed a
pseudonym for an elusive, genius hacker. Numerous media organisations tried and failed to find him.pseudonym for an elusive, genius hacker. Numerous media organisations tried and failed to find him.
The article quoted hisThe article quoted his
brother Arthur saying Nakamoto, born in Japan, was a bitbrother Arthur saying Nakamoto, born in Japan, was a bit
eccentric, gifted at mathematics, worked for defence and electronics eccentric, gifted at mathematics, had worked for defence and electronics
companies and had a penchant for model trains.companies and had a penchant for model trains.
It said he graduatedIt said he graduated
from California State Polytechnic University and changed his name tofrom California State Polytechnic University and changed his name to
Dorian Prentice Satoshi Nakamoto in 1973, from which point he signedDorian Prentice Satoshi Nakamoto in 1973, from which point he signed
his name Dorian S Nakamoto.his name Dorian S Nakamoto.
Within hours ofWithin hours of
publication dozens of journalists camped outside Nakamoto’s door,publication dozens of journalists camped outside Nakamoto’s door,
ringing the bell with no response, until their silver-haired,ringing the bell with no response, until their silver-haired,
bespectacled quarry, dressed in a grey sports coat and striped shirt,bespectacled quarry, dressed in a grey sports coat and striped shirt,
emerged and said he wanted someone who spoke Japanese and would buyemerged and said he wanted someone who spoke Japanese and would buy
him lunch.him lunch.
“I’m not involved“I’m not involved
in bitcoin. Wait a minute, I want my free lunch first. I’m going within bitcoin. Wait a minute, I want my free lunch first. I’m going with
this guy,” Nakamoto said, pointing at an AP reporter. “I’mthis guy,” Nakamoto said, pointing at an AP reporter. “I’m
not in bitcoin, I don’t know anything about it.”not in bitcoin, I don’t know anything about it.”
Cameras followed as theCameras followed as the
pair headed in a Prius to a sushi restaurant. When reporters intrudedpair headed in a Prius to a sushi restaurant. When reporters intruded
they left and drove downtown, the pursuers tweeting all the way andthey left and drove downtown, the pursuers tweeting all the way and
making comparisons to the OJ Simpson highway chase in 1994.making comparisons to the OJ Simpson highway chase in 1994.
Twitter exploded inTwitter exploded in
glee and indignation via the hashtag #bitcoinchase, some people enjoying the spectacle butglee and indignation via the hashtag #bitcoinchase, some people enjoying the spectacle but
others critical of what they called media hounding.others critical of what they called media hounding.
A fake account,A fake account,
@DorianSatoshi, made jokey comments along the way. “Speeding west@DorianSatoshi, made jokey comments along the way. “Speeding west
down the 10. I feel like this is going to end badly.” And: “Sodown the 10. I feel like this is going to end badly.” And: “So
many offers for free lunch. Looks like this bitcoin thing is payingmany offers for free lunch. Looks like this bitcoin thing is paying
off for me after all!” Later: “Ugh. AP journo isn’t even askingoff for me after all!” Later: “Ugh. AP journo isn’t even asking
me questions. He’s just pitching his idea for APcoin.”me questions. He’s just pitching his idea for APcoin.”
The pair took refugeThe pair took refuge
in the news agency’s downtown headquarters, leaving a media mobin the news agency’s downtown headquarters, leaving a media mob
outside. In AP’s report, published late on Thursday, the allegedoutside. In AP’s report, published late on Thursday, the alleged
currency mastermind said his English was imperfect and that thecurrency mastermind said his English was imperfect and that the
Newsweek reporter misinterpreted him when he said was “no longerNewsweek reporter misinterpreted him when he said was “no longer
involved in that”.involved in that”.
“I’m saying I’m no“I’m saying I’m no
longer in engineering. That’s it,” he said of the exchange. “Andlonger in engineering. That’s it,” he said of the exchange. “And
even if I was, when we get hired you have to sign this document,even if I was, when we get hired you have to sign this document,
contract, saying you will not reveal anything we divulge during andcontract, saying you will not reveal anything we divulge during and
after employment. So that’s what I implied. It sounded like I wasafter employment. So that’s what I implied. It sounded like I was
involved before with bitcoin and looked like I’m not involved now.involved before with bitcoin and looked like I’m not involved now.
That’s not what I meant. I want to clarify that,” he said.That’s not what I meant. I want to clarify that,” he said.
McGrath Goodman, whoMcGrath Goodman, who
spent two months researching the story, responded that she stood byspent two months researching the story, responded that she stood by
her version of the exchange on his doorstep. “There was no confusion whatsoeverher version of the exchange on his doorstep. “There was no confusion whatsoever
about the context of our conversation – and his acknowledgment of hisabout the context of our conversation – and his acknowledgment of his
involvement in bitcoin.”involvement in bitcoin.”