Recent ‘Satoshi’ Tweet From Infamous Bitcoin Inventor Deemed Fake By BTC Developer Jimmy Song


One of the recent causes of conversation lately in the crypto industry after a tweet from pseudonymous Bitcoin inventor Satoshi Nakamoto was posted online. Thought to be authentic, both sides of the Bitcoin Cash split were discussing it, even though it quickly was erased from Twitter, along with the whole account.

The original text said,

“I do not want to be public, but there is an issue with SegWit. If it is not fixed, there will be nothing and I would have failed. There is only one way that Bitcoin survives, and it is important to me that it works. Important enough, that I may be known openly. He then provides a signature which, on the surface, appears legitimate.”

Based on individuals that have more information on this topic, the signature was not real. Jimmy Song, a developer for blockchain that has experience on the Armory Wallet and Paxos, quickly jumped in to discuss this false signature, even creating a forgery to prove it.

Song commented,

“The Tweet is equivalent to someone that’s ‘proving’ that they ran a marathon in under 2 hours while allowing us to only observe them at the finish line. The nonsense signature is equivalent to someone ‘running’ a marathon in under 2 hours by starting close to the finish line.”

He added that Calvin Ayre seems to be assuming that Satoshi still lives as a result of the tweet.

Ayre posted to Twitter as well, saying,

“Signature from Key 9? ….Satoshi Lives…likely upset at Bitmain and Bitcoin.com for attacking Bitcoin.”

He linked the message to the now-deleted tweet from the Satoshi impersonator.

With a little research on the Satoshi Twitter handle, it seems that the account has been around almost as long as Twitter itself, though it only recently began tweeting about the topic of crypto. The account was private still in 2013, and it had less than 50 followers at the time.

The sale of Twitter accounts is not new, though the value depends largely on the account and those who follow it. There are even sites that have been specifically created for this purpose. Based on this fact, there’s a strong chance that the writer of the tweet on this account was simply the buyer of the handle.

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