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This is a segment from the Supply Shock newsletter. To read full editions, subscribe. There is so much more to Bitcoin than Satoshi. Let’s celebrate! Today is Satoshi Disappear Day, as declared by early contributor Kiba on this day in 2011.  “Since satoshi has been confirmed to be not coming back, the bitcoin community now [has] to fend for ourselves,” Kiba wrote. “I propose we make a bitcoin holiday in honor of our legendary anonymous founder and to observe the fact that the bitcoin community will be just fine after the inventor of bitcoin left. Even if Gavin is hit by the bus tomorrow, we can live.” Gavin Andresen had disclosed his impending meeting with the CIA, both privately with Satoshi and publicly on the Bitcointalk forum, only days earlier. On This Day — Satoshi Disappear Day What Kiba said turned out to be true. Since Satoshi left, other contributors have worked together to release 73 new versions of the software on bitcoin’s way to becoming a multi-trillion dollar asset. In that time, developers have pushed upgrades big and small while mitigating bugs and potential disasters. Bitcoin’s creator was otherwise only around for a half dozen or so, even if they conceived and built the original version all by themselves. We also can’t exactly draw a direct line between Gavin’s CIA visit and Satoshi’s disappearance. A few days before Gavin announced he was to meet with the CIA, Satoshi in an email had already mentioned to another early developer, Mike Hearn, that he had “moved on to other things.”  But considering Satoshi apparently never replied to Gavin’s email, at the very least we can assume it helped confirm their decision to never return. Meanwhile, Bitcoin was attracting mainstream media attention, with Andy Greenberg’s article in Forbes, “Crypto Currency,” running in…

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Filed under: News - @ April 28, 2025 5:26 pm