Arts+Culture / NewsOuted: Bitcoin founder Satoshi NakamotoThe mysterious cryptocurrency creator has been unmasked. Some people aren't happyShareLink copied ✔️March 6, 2014Arts+CultureNewsText Thomas Gorton The long unknown identity of Bitcoin's creator is finally out. In a Newsweek cover story, journalist Leah McGrath Goodman tracked him down to Los Angeles's San Bernardino foothills. Satoshi Nakamoto – which is his real name, by the way – is said to be an incredibly private 64-year-old man, the son of a Buddhist priest with Samurai heritage, and a model train obsessive who screens his phone calls and keep his correspondences infrequent. According to the few people who are close to Nakamoto, the man is obsessed with money and secrecy. His youngest sibling, Arthur Nakamoto, warned Goodman that "he'll deny everything. He'll never admit to starting Bitcoin." Satoshi Nakamoto basically said as much, telling Newsweek: "I am no longer involved in that and I cannot discuss it. It's been turned over to other people. They are in charge of it now. I no longer have any connection." The revelation has caused a storm amongst Bitcoin fans on the Reddit forums. Blasting Newsweek for its lack of sensitivity for Nakamoto's safety and privacy, Redditors have criticised the site for publishing photos of his house. They claim that the magazine has "basically slapped a target on his back". Redditors blast the 'doxxing' of Nakamoto Since its inception in 2009, Bitcoin has enjoyed an incredible rise in popularity amongst investors, cryptocurrency geeks and those just plain skeptical of paper money. Its rise has not been without controversy, though, thanks to associations with online drug marketplaces like Silk Road and recent scandals like the Mt Gox bankruptcy. Whether the Satoshi Nakamoto dscovered by Newsweek is the real founder of Bitcoin, the revelations have thrust the uncertain future of the cryptocurrency into the spotlight again. Escape the algorithm! Get The DropEmail address SIGN UP Get must-see stories direct to your inbox every weekday. Privacy policy Thank you. You have been subscribed Privacy policy Expand your creative community and connect with 15,000 creatives from around the world.TrendingThe 5 best songs from Drake’s new albums (plural) We listened to all two hours and 40 minutes of Iceman, Habibti and Maid Of Honour, so you don’t have toMusicLife & CultureIs veganism a privilege? OnFashionHow On and Loewe are shaping the future of footwear SamsungLife & CultureWhat went down at Dazed Club’s drop-in skate session with SamsungFashionWhy is Americana everywhere right now?Beauty10 of the hottest Instagram accounts fusing art, sex and eroticaLife & CultureThere is nothing more romantic than friendshipBeautyNude awakening: Meet the young people embracing naturismLife & CultureLauren Scott on life after death, nudes & losing her armEscape the algorithm! Get The DropEmail address SIGN UP Get must-see stories direct to your inbox every weekday. Privacy policy Thank you. You have been subscribed Privacy policy