Elon Musk is many things. A billionaire, a visionary, the owner of companies such as Tesla and SpaceX and overall one of the most inspiring and intriguing figures we have in business today.
With this appeal comes a never-ending supply of rumors and fake news, from quitting Tesla to join a bitcoin startup, to being called national disgrace and thief.
Given the meteoric rise of mainstream cryptocurrency popularity, it should be no surprise that the elusive hunt for Satoshi, often referred to as the father of Bitcoin, has led to the theory that Elon Musk has been hiding a big secret from all of us. Sahil Gupta, a computer science student at Yale University and former intern at SpaceX, believes just this.
Why Elon Musk Could Be Satoshi
Gupta, who interned at SpaceX in 2015, provided a few “oddball” ideas on why Musk is the probable founder of Bitcoin:
1. Technical capabilities: Bitcoin was written by someone with mastery of C++, a language Musk has utilized heavily at SpaceX. Musk’s 2013 Hyperloop paper also provided insight into his deep understanding of cryptography and economics.
2. Passion for solving global problems: Bitcoin was founded in 2008, the year of the global financial crisis and widespread distaste of banking in general. If there was a time to create a currency for the people, without bank intervention, this was it.
3. Relative silence on the issue: Musk has only been quoted speaking about Bitcoin a handful of times. He has publicly stated that he does not personally own any Bitcoin and even published this sneaky tweet when asked about cryptocurrencies:
4. Musk doesn’t need the money: Satoshi’s stash of unused Bitcoin was estimated at $700 million back in June 2016 when the price of one Bitcoin was $719. Going by today’s price, Satoshi’s Bitcoins are worth over $8 billion – less than half of Musk’s current estimated net worth of $19.7 billion.
Additional Supporting Arguments
One week before Gupta’s Medium post on Musk, another Medium blog was published with a theory that Musk invented Bitcoin for future use on Mars. As radical as this may sounds, the point around Paypal in this article was relevant. Musk has already revolutionized digital currency his founding role in Paypal, which he sold to eBay in 2002. The author claims Musk is under a non-compete from this deal, leaving him to secrecy about his role in Bitcoin.
Arguments Against This Theory
- 2008 was Musk’s “worst year”: 2008 was a notable year for Musk, who publicly claimed it was his worst year ever due to early challenges with SpaceX and Tesla and his personal finances and relationships in jeopardy. One could argue that working on Bitcoin was probably a challenge not even Musk could handle at this point.
- Musk lives in the spotlight: When the subject of Musk being Satoshi was brought up on Reddit in 2016, the Reddit community had a field day. Popular opinion is that Musk could never keep a secret this large and would have stepped in already to combat bank and regulatory attempts to destroy the cryptocurrency.
- Musk’s public statements can be negative: When asked about Bitcoin in this interview, Musk was notably careful about how he responded. Musk called Bitcoin “probably a good thing” but referenced its main use as a facilitator to illegal transactions.
Arguments for and against this theory create a compelling topic nonetheless. Whether or not Musk created Bitcoin is yet to be seen, but it is technically possible. As Gupta puts it, even if Musk is not Satoshi, “thanks for the Tesla Roadster”.
Heya i am for the first time here. I found this board and I find It truly useful & it helped me out much. I hope to give something back and aid others like you helped me.
Excellent goods from you, man. I have understand your stuff previous to and you are just extremely excellent. I really like what you’ve acquired here, certainly like what you are stating and the way in which you say it. You make it entertaining and you still take care of to keep it wise. I can’t wait to read far more from you. This is actually a great site.
Excellent blog you have here but I was curious about if you knew of any user discussion forums that cover the same topics discussed in this article? I’d really like to be a part of community where I can get feed-back from other experienced individuals that share the same interest. If you have any recommendations, please let me know. Cheers!
Thank you for every other magnificent article. The place else could anyone get that kind of info in such a perfect manner of writing? I have a presentation next week, and I’m on the search for such info.
Hello, Neat post. There is a problem along with your site in web explorer, would test this? IE nonetheless is the marketplace leader and a large component to people will miss your magnificent writing due to this problem.|
Howdy just wanted to give you a brief heads up and let you know a few of the pictures aren’t loading properly. I’m not sure why but I think its a linking issue. I’ve tried it in two different web browsers and both show the same outcome.
Thanks — Enjoyed this blog post, is there any way I can get an email when there is a fresh article?
I got this web page from my pal who told me on the topic of this website and at the moment this time I am browsing this web page and reading very informative content here
slot betting- World’s Top Online Casinos, new user welfare register bonus 66₱, daily Betting Rebate 2. fast withdraw, good bonus, variety of games, World brand is trustworthy. Slot games, Card games , Live Casino, Animals(Cockfight games), fishing.
I just couldn’t depart your web site before suggesting that I extremely enjoyed the usual information an individual supply on your guests? Is going to be back ceaselessly in order to inspect new posts
Hi there! I just wanted to ask if you ever have any trouble with hackers? My last blog (wordpress) was hacked and I ended up losing many months of hard work due to no data backup. Do you have any methods to protect against hackers?
Hello to all, for the reason that I am really eager of reading this blog’s post to be updated on a regular basis. It carries fastidious material.
From personal to payroll checks, settlements to enterprise checks and everything in between. People who require quick, straightforward money to get by “until payday” can take out a payday mortgage.
Spot on with this write-up, I actually think this website needs much more attention. I’ll probably be back again to read through more, thanks for the advice!
My developer is trying to convince me to move to .net from PHP. I have always disliked the idea because of the costs. But he’s tryiong none the less. I’ve been using Movable-type on several websites for about a year and am anxious about switching to another platform. I have heard very good things about blogengine.net. Is there a way I can transfer all my wordpress posts into it? Any kind of help would be really appreciated!|
Your post provides valuable insights and practical tips that can be applied in real life situations. Thanks for sharing.
Wonderful blog! I found it while browsing on Yahoo News. Do you have any suggestions on how to get listed in Yahoo News? I’ve been trying for a while but I never seem to get there! Many thanks
Thanks designed for sharing such a pleasant opinion, paragraph is pleasant, thats why i have read it completely
Travaillant avec certaines des plus grandes entreprises des Hauts-de-France de différents secteurs, j’exerce principalement à Lille comme Consultant en Référencement Naturel en Indépendant (Freelance) et chez l’annonceur. J’ai toujours obtenu des résultats concrets.
At this time it seems like WordPress is the best blogging platform out there right now. (from what I’ve read) Is that what you are using on your blog?
Pretty section of content. I just stumbled upon your blog and in accession capital to assert that I acquire in fact enjoyed account your blog posts. Any way I’ll be subscribing to your augment and even I achievement you access consistently rapidly.
Good – I should definitely pronounce, impressed with your website. I had no trouble navigating through all the tabs and related info ended up being truly simple to do to access. I recently found what I hoped for before you know it in the least. Reasonably unusual. Is likely to appreciate it for those who add forums or something, website theme . a tones way for your client to communicate. Excellent task..
Howdy, I do think your web site may be having browser compatibility problems. Whenever I look at your website in Safari, it looks fine but when opening in IE, it’s got some overlapping issues. I just wanted to provide you with a quick heads up! Other than that, wonderful site!