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Did Elon Musk Create Bitcoin? (cryptocoinsnews.com)

An anonymous reader quotes CryptoCoinsNews: It should be no surprise that the elusive hunt for Satoshi, often referred to as the father of Bitcoin, has led to the theory that Elon Musk has been hiding a big secret from all of us. Sahil Gupta, a computer science student at Yale University and former intern at SpaceX, believes just this... Bitcoin was written by someone with mastery of C++, a language Musk has utilized heavily at SpaceX. Musk's 2013 Hyperloop paper also provided insight into his deep understanding of cryptography and economics...

One week before Gupta's Medium post on Musk, another Medium blog was published with a theory that Musk invented Bitcoin for future use on Mars. As radical as this may sounds, the point around Paypal in this article was relevant. Musk has already revolutionized digital currency with his founding role in Paypal, which he sold to eBay in 2002. The author claims Musk is under a non-compete from this deal, leaving him to secrecy about his role in Bitcoin.

Gupta's article cites other clues that suport his theory, including Musk's interest in solving global problems, his unusual silence on the topic of cryptocurrencies, and the fact that "Elon has said publicly he doesn't own any bitcoin, which is consistent with a 'Good Satoshi' who deleted his private keys. This means Satoshi's one million coins (worth about $8 billion) are gone for good." And of course, with a net worth of $19.7 billion, Elon Musk is one of the few people who wouldn't need the money.

UPDATE (11/28/17): On Twitter, Elon Musk has responded, saying the rumors that he created Bitcoin are "not true."

26 of 189 comments (clear)

  1. ObBetteridge by Anonymous Coward · · Score: 3, Informative

    No.

    1. Re:ObBetteridge by Jane+Q.+Public · · Score: 3, Insightful

      This is one of the weirdest ideas I've seen on Slashdot yet, and that's saying something.

      Elon Musk may be something of a genius when it comes to turning government subsidies into pocket cash, but this is just plain tinfoil hat territory.

  2. Don't know who created it by Dorianny · · Score: 5, Funny

    but once it reaches $10G, I fully expect Donald Trump to take credit for it

    1. Re:Don't know who created it by Anonymous Coward · · Score: 5, Funny

      Trump is best at mining. His little hands can dig into the ether and get the tiny coins out.

    2. Re:Don't know who created it by AmiMoJo · · Score: 3, Insightful

      I don't think Musk could keep quiet about it either. In fact knowing him he would have promised it would overtake Visa by the end of the year and released a solar powered mining rig that also charges your car.

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      const int one = 65536; (Silvermoon, Texture.cs)
      SJW, n: "Someone I don't like, and by the way I'm a fuckwit" - AC
  3. Do we need even more demented "stories"? by gweihir · · Score: 5, Insightful

    Because this is a new low in a series of very low quality stories that recently made it on slashdot. While the comments also seem to have slipped and the idiots seem to have the majority now, I do not think they should be catered to.

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  4. Musk doesn't talk about his dumps either by Anonymous Coward · · Score: 2, Insightful

    "Elon Musk doesn't talk about cryptocurrencies, therefore he must have invented bitcoin."

    The stupid, it hurts.

    Somebody spent about a decade in elementary school. Must have been quite the status symbol to be the only 5th grader driving to school.

  5. No. by c · · Score: 5, Funny

    The answer is "no", and someone seriously needs to loosen their tinfoil hat.

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  6. Elon's plans fully revealed! by Adeptus_Luminati · · Score: 2, Funny

    Elon has been secretly buying even more Bitcoins with all his government grants to prop up TESLA. Those GigaFactories, are really covert Bitcoin mines which are powered by... wait for it... his SolarCity project.

    Ultimately, Elon is a visionary. Whilst everyone is talking about Bitcoin going to the moon, Elon had plans to take it to mars all along... enter SpaceX!

    What about the underground Boring company you ask? That's his version of puting all his cold wallet stored Bitcoins in the ground, like gold, except 1 Bitcoin is now worth more than 1oz of gold, so you gotta have much bigger holes in the ground. The Hyperloop was just a pet project to ensure he could quickly access all his geographically dispersed underground cold storage Bitcoins, should the need ever arise.

    Finally though, he saw that AI would be smart enough to figure out where he stashed all his Bitcoins, so he's come up with the NeuroLace project to enhance the human capacity to memorize Bitcoin brain wallet addresses, whilst still ensuring a high degree of entropy.

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    No trees were killed in the making of this post; however, many trillions of electrons were horribly inconvenienced.
  7. odds by n3r0.m4dski11z · · Score: 4, Insightful

    What are the odds that the one famous person who knows c+ did this, and the other millions of smart non famous programmers, didn't.

    I know we love our celebrities but come on. Besides hes got an ego the size of the moon. There is no way he is not bragging about inventing bitcoin.

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  8. Re:Haha what? by Pseudonym · · Score: 5, Interesting

    Hell, I know C++ (I used to have a desk next to someone on the standards committee) and I know cryptography (I was part of the OpenPGP working group and wrote a conforming implementation from the draft spec alone just to prove that the spec was good enough).

    Why is nobody claiming I'm Satoshi?

    Apart from the fact that I already have a pretty good pseudonym, and that I clearly don't have Satoshi-level crypto knowledge, the real reason is that I'm nobody. Satoshi was a mythical lone genius, which means he must be someone that most people have heard on. Only people with had-a-voice-role-on-The-Simpsons-level fame get attached to rumours like this.

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    sub f{($f)=@_;print"$f(q{$f});";}f(q{sub f{($f)=@_;print"$f(q{$f});";}f});
  9. Re:So Governments Don't Know Who Satoshi Is Either by blahplusplus · · Score: 2
  10. Re:This seems like absolute bullshit by queazocotal · · Score: 2

    Around the time in question, Musk was in a nasty time-crunch about the launch of the Falcon 1 rocket.

  11. C++? What a coincidence! by wonkey_monkey · · Score: 4, Insightful

    Bitcoin was written by someone with mastery of C++, a language Musk has utilized heavily at SpaceX.

    a) Musk personally, or the people Musk employs at SpaceX?
    b) It's C++. It's not exactly esoteric. You know I heard that DB Cooper spoke English, and so does Clint Eastwood... coincideeeence?

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    systemd is Roko's Basilisk.
  12. First headline to break Betteridge's Law? by cliffjumper222 · · Score: 4, Insightful
  13. Re: Haha what? by Anonymous Coward · · Score: 5, Funny

    Very clever, Satoshi, very clever.

  14. Mandatory XKCD by orsayman · · Score: 5, Funny
  15. Given how delusional his fanboys are by NotSoHeavyD3 · · Score: 5, Funny

    I figure it's only a matter of time before one of them tells us the Elon also created the Universe 13.7 billion years ago.

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  16. Re:Haha what? by ShanghaiBill · · Score: 2, Interesting

    It doesn't really even confirm that Musk knows c++ only that it is used at his company.

    Likewise, the claim that Musk has a "deep knowledge of cryptography", is based on the fact that it was mentioned in a paper that that he co-wrote with other people.

    This is stupider than the flat earth conspiracy.

  17. Keyser Soze and me by goombah99 · · Score: 2

    It was a collaboration, but I can't tell you that because... Keyser Soze. I know you doubt me; the greatest trick the devil ever pulled was convincing us he doesn't exist. I figure somehow this hurt the Hungarians.

    --
    Some drink at the fountain of knowledge. Others just gargle.
    1. Re:Keyser Soze and me by AndrewMalcolm · · Score: 2

      Kevin Spacey just went and ruined Keyser Soze for me.

    2. Re:Keyser Soze and me by goombah99 · · Score: 2

      conflating art and the artist leads to grief and idolatry. We'd practically have to burn every great painting otherwise, those sad lechers. It's a shame about Spacey but that doesn't lessen how he might have moved you with his performance. As Neil Young once sang "[Where] Even Richard Nixon has got Soul".

      --
      Some drink at the fountain of knowledge. Others just gargle.
  18. No, but he did create... by TeknoHog · · Score: 2

    a famous fragrance, after which several mammal species were subsequently named.

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    Escher was the first MC and Giger invented the HR department.
  19. Re: Haha what? by Anonymous Coward · · Score: 2, Insightful

    Satoshi, whoever he is, does not have $8 billion in BTC.
    There isn't anyone who would pay you $8 billion, or even a single billion, for any amount of BTC. The people with BTC sell tiny slices to suckers (aka investors) and pocket the cash or invest it in sometging with value. BTC has made no progress towards being a legitimate option, it's still just as much of a pyramid scheme today as it was at the start.

    It'll cost you $60 just to conduct a BTC transaction today. And maybe it'll process in a few weeks.

  20. Re: Haha what? by G-forze · · Score: 3, Insightful

    Not that bad? 14 dollars fee to purchase "a few things" is INSANE! Most of the world live on less than that each day.

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    "There's someone in my head but it's not me." - Pink Floyd, Dark Side of the Moon
  21. This was educational by TomR+teh+Pirate · · Score: 2

    Until today, I was unfamiliar with Betteridge's law.