Bitcoin News

We’ll never learn true identity of Satoshi Nakamoto, Circle research

About half of Americans think Satoshi Nakamoto first explained the idea for Bitcoin on a bar napkin, not a whitepaper, according to research by Circle.

The crypto finance firm surveyed  2,000+ people (full results here) to coincide with the 10th anniversary of the whitepaper that helped found the crypto and blockchain industry.

“It is part of our effort to continue to educate consumers about the often complex world of crypto. And for Circle Invest, specifically, we’re focusing on making crypto investing accessible for everyone through a simplified product experience and by delivering educational content within our app,” the company says in a blog post.

“We believe crypto technology will enable powerful ways to create and share value for everyone, across all generations and genders, and want more people to experience it. That’s why, starting in November we’re going to reward people who sign up and use Circle Invest. More to come on that soon.”

Other survey highlights include:

Of people who have invested in crypto, nearly half think Satoshi Nakamoto would say the industry is on the right path.

Only one in six investors think the pseudonymous founder (or founders) of Bitcoin would say “my vision is fulfilled”.

62% don’t think we’ll ever learn the true identity of Satoshi Nakamoto.

If his/her identity is revealed, 53% believe it’ll be hackers who unearth it, rather than the government (17%) or the media (22%).

When it comes to famous pseudonyms, people favour street artist Banksy over Nakamoto.

Men invest in crypto at twice the rate of women, a gender divide similar to what Circle saw from a survey released in September

Scott Thompson

Scott has been working in technology and business journalism for nearly 20 years, with a focus on FinTech, retail, payments and disruptive technology. He has been Editor of such titles as FStech, Retail Systems and IBS Journal and also contributed to the likes of Retail Technology Innovation Hub, PaymentEye, bobsguide, Essential Retail, Open Banking Hub, TechHQ and Internet of Business.

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