Who created Bitcoin?

In the evolving cryptocurrency landscape, one name stands out as a revolutionary pioneer: Bitcoin. Since its invention in 2008 by an individual or group using the pseudonym Satoshi Nakamoto, Bitcoin (often referred to as "digital gold") has captured the attention of the financial community and grown into the world's most important digital currency, lauded for its autonomy, security, and potential as a store of value.

Introduced in 2009, Bitcoin operates independently of any central authority (such as a government or bank) and can be used to purchase goods and services online or exchanged for other cryptocurrencies. It is based on blockchain technology, a decentralized ledger that records all transactions within the network. It has no physical presence, existing solely in digital form. Every Bitcoin transaction is recorded on the blockchain, making it transparent and auditable.

Bitcoin offers numerous advantages, including fast transactions and low costs, particularly for international transfers. Since a large portion of the global population remains unbanked (lacking access to financial services or being ineligible to open a bank account), Bitcoin offers the potential to foster financial inclusion, as anyone with an internet connection can, in principle, access and use Bitcoin, regardless of location.

In 2008, Satoshi Nakamoto introduced the world to Bitcoin and its underlying blockchain technology. However, the true identity of Bitcoin's founder remains a mystery. Despite speculation and claims, no concrete evidence has been found to identify Satoshi Nakamoto.

Regardless of their identity, Satoshi Nakamoto's influence and legacy in the cryptocurrency world are undeniable, and their identity remains a topic of interest and discussion within the cryptocurrency community. It is estimated that Satoshi Nakamoto may own approximately 1.1 million BTC, equivalent to 5% of all Bitcoin.