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Bitcoin’s Greatest Mystery

The creator of Bitcoin has hidden behind the pseudonym Satoshi Nakamoto for 17 years. My mum, a privacy-minded German in her 80s, hates using her credit card. She still carries around wads of...

Bitcoin’s Greatest Mystery

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The World

Bitcoin’s Greatest Mystery

The creator of Bitcoin has hidden behind the pseudonym Satoshi Nakamoto for 17 years.

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By

Katrin Bennhold

I’m the host of The World.

April 16, 2026,

5:12 p.m. ET

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My mum, a privacy-minded German in her 80s, hates using her credit card. She still carries around wads of cash to pay for everything: a coffee, her weekly supermarket shopping — even a plane ticket to visit me in Wales.

She would get along with Satoshi Nakamoto, the legendary inventor of Bitcoin who operates under a pseudonym and created the first cryptocurrency — a form of electronic cash that leaves no digital trace for banks and governments to follow.

Nakamoto is a godlike figure in the crypto community. But who is he really? Countless people have tried to unmask him. My colleague John Carreyrou, an investigative reporter who uncovered

the Theranos scandal

, thinks he figured it out. I spoke to him about his investigation.

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Credit...

The New York Times

Unmasking Bitcoin’s creator

So John, I want to talk about

your fascinating Bitcoin investigation

. But before we start, can you just give me the 101 version of the Bitcoin origin story?

Bitcoin was a revolution in the world of finance. It was the first cryptocurrency and it has given rise to many others. And it was first laid out in a paper that appeared out of nowhere in an obscure corner of the internet in 2008.

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