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Benjamin Wallace has an amusingly direct way of trying to solve the identity of Bitcoin’s creator in his book The Mysterious Mr Nakamoto. He just asks every possible candidate: “Are you Satoshi Nakamoto?” “I still didn’t rule out the possibility that Nakamoto was frustrated no one had bothered to simply ask him,” Wallace writes. It seems like every other week, there’s another newspaper investigation, documentary or nonfiction book promising to unmask Satoshi.  Two years ago, I waded into those waters myself by attempting to answer a long-running conspiracy theory about whether Bitcoin was, in fact, a lab leak by the US National Security Agency, devised during one of the most turbulent economic times in modern history. Speaking to a former NSA cryptanalyst while piecing together flakes of so-called evidence, my queries ultimately concluded with the same meandering answer that every Satoshi-conspiracy buff (read Nakamologist) arrives at — maybe, maybe not.  [Spoiler Alert!] And after 15 years of investigative journalism condensed into 340 pages, The Mysterious Mr Nakamoto also leaves the riddle unsolved. But Wallace also believes there’s value and “romantic allure” in a mystery — and that if we ever find out who invented Bitcoin, whatever the answer is will most likely be a letdown.  “One of the things that really struck me, as I studied similar past mysteries and their resolutions, is how often the unknown is more interesting than the known,” Wallace tells Magazine. “Solving the Satoshi Nakamoto mystery in a clear-cut way would have given me puzzle-solving pleasure, and journalistic satisfaction […] But I always felt that the information itself might provoke a shrug.” The Mysterious Mr Nakamoto book review Sometimes getting there is half the fun, and Wallace’s journey is a fascinating one, taking him around the world from Bitcoin meet-ups in midtown Manhattan, an unkempt…

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Filed under: News - @ October 24, 2025 6:27 am