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9 Conspiracy Theories About Newsweek's Story On Satoshi Nakamoto, The Alleged Father Of Bitcoin

Questions abound since the man Newsweek reported is the reclusive creator of Bitcoin said he had nothing to do with the digital currency — and you know what the internet does with unanswered questions.

Posted on March 7, 2014, at 12:05 p.m. ET

Newsweek reported Thursday it had found the mysterious founder of Bitcoin living in Temple City, Calif. But in a two-hour interview with the Associated Press, Satoshi Nakamoto denied any involvement with Bitcoin.

What's the truth? The internet has many theories.
David Mcnew / Reuters

What's the truth? The internet has many theories.

1. Satoshi Nakamoto is an actor who was hired by Newsweek to help relaunch its printed magazine.

Conspiracy theory: @truth_eater and @newsweek concoct stupid story to re-launch printed magazines and get techie ppl (bitcorati) to buy them

฿ryce Weiner@BryceWeiner

Conspiracy theory: @truth_eater and @newsweek concoct stupid story to re-launch printed magazines and get techie ppl (bitcorati) to buy them

06:34 PM - 6 Mar 14ReplyRetweetFavorite

What if "Dorian Prentice Satoshi Nakamoto" is just an actor hired by a magazine to relaunch a magazine? #OccamsRazor #JustSayin ;)

#WeAreSatoshi Ï•@sovereignmonkey

What if "Dorian Prentice Satoshi Nakamoto" is just an actor hired by a magazine to relaunch a magazine? #OccamsRazor #JustSayin ;)

05:06 PM - 6 Mar 14ReplyRetweetFavorite

2. The media frenzy around Satoshi helped the CEO of the Bitcoin exchange Mt. Gox steal 180,000 bitcoins.

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3. The cop was in on it because he knew Satoshi Nakamoto's real name.

My question about @truth_eater 's Face Behind Bitcoin: How'd she find the 1 cop who knew name of BTC's inventor? http://t.co/MbmQ7G1WrW

Con von Hoffman@CurseYouKhan

My question about @truth_eater 's Face Behind Bitcoin: How'd she find the 1 cop who knew name of BTC's inventor? http://t.co/MbmQ7G1WrW

08:14 AM - 7 Mar 14ReplyRetweetFavorite

@mattyglesias @b_fung @morningmoneyben I'm surprised there was an LA cop on scene who was so sharply contemplative of Nakamoto's humble life

Charles MŁC@CharlesMLC

@mattyglesias @b_fung @morningmoneyben I'm surprised there was an LA cop on scene who was so sharply contemplative of Nakamoto's humble life

10:38 PM - 6 Mar 14ReplyRetweetFavorite

4. And the whole thing would be a pretty perfect way to discredit the Bitcoin community.

If someone wanted to discredit #bitcoin they could not have done a better job then Mt Gox & #Nakamoto #selfdestruct

Joe Cohen@Cohen_Goes_HAM

If someone wanted to discredit #bitcoin they could not have done a better job then Mt Gox & #Nakamoto #selfdestruct

05:16 AM - 7 Mar 14ReplyRetweetFavorite

San Bernardino residing Satoshi Nakamoto is definitely a false flag. #bitcoin

Kyle Hufford@kyleverywhere

San Bernardino residing Satoshi Nakamoto is definitely a false flag. #bitcoin

11:46 AM - 6 Mar 14ReplyRetweetFavorite

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5. Satoshi Nakamoto really is the inventor of Bitcoin and is just messing with everyone because he's either...

6. An older mentally unbalanced shut-in or he's covering up the fact he might have invented Bitcoin for the CIA or the FBI.

7. Because he might have developed Bitcoins under a government contract.

@declanm Conspiracy time! Bitcoin was developed on a government contract covered by NDA.

David Remahl@chmod007

@declanm Conspiracy time! Bitcoin was developed on a government contract covered by NDA.

09:18 PM - 6 Mar 14ReplyRetweetFavorite

@chmod007 @declanm it's possible, just like tor was developed by the US Naval Lab

Suyash Sonwalkar@suyash

@chmod007 @declanm it's possible, just like tor was developed by the US Naval Lab

12:05 AM - 7 Mar 14ReplyRetweetFavorite

8. If Satoshi Nakamoto really is the inventor of Bitcoin he might have been asking for a "free lunch" because it's an economic code phrase.

9. But it also might not be.

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