





"From an engineering perspective, Satoshi gave up control on Jan. 5, 2009 when he birthed the first bitcoin transaction," says Jeff Garzik, a member of the seven member Bitcoin Core Development Team that controls what happens to the currency's central code today. "He created an organism and he gave it life and he released it into the wild for it to do as it does."

Garzik doesn't believe Dorian Prentice Satoshi Nakamoto --the man who denied the Newsweek story-- is the same "Satoshi Nakamoto" who posted the original written bitcoin proposal in 2008 and followed it up with code the following year.


The genius of bitcoin is it doesn't require trusting anyone at all.


Some bitcoin supporters are upset by the quest to identify the currency's creator because they say the sleuthing and stalking represents a blatant invasion into the privacy of a person or group that clearly wants to remain anonymous.

"Whoever created bitcoin sent it out into the wild and dropped off the face of the earth," says Will Yager, 18, a bitcoin developer who attends the University of Texas in Austin. "They always intended bitcoin to be something that transcended them. Bitcoin's function as a system does not depend on its creator's function as a person."

Thomas Grainer, a Web developer involved in the bitcoin community, says he is curious about who really created the currency, although he concedes that knowledge won't affect how the system works. "It will take away the mythology around him though," Grainger, 23, says.

The publicity surrounding whether the Nakamoto living in southern California created the currency also is likely to help raise awareness about bitcoin and prod more people to take the time to learn how the it works, Grainger believes. "It's nice that a mathematical curiosity makes international news," he says.

Yager also sees some potential advantages in the media's fascination with bitcoin, though he worries things are starting to spiral out of control.

"It's a good thing that people are learning about bitcoin, but I don't want bitcoin to become known for the zany actions surrounding it," says Yager.

The technology that makes bitcoin work matters more than the people who created it, said Stefan Thomas of San Francisco, another bitcoin enthusiast.

"It's understandable that a lot of people want to put a face to the name that has inspired a fundamental shift in our understanding of how financial systems should be organized," Thomas wrote in an email interview. "However, beyond that, I don't think it would change much (about how bitcoin works).