Is Satoshi Nakamoto Back? Twitter Account Revived After 5 Years

A Twitter account with the handle @satoshi is causing ripples. The sudden reappearance of Satoshi Nakamoto, the creator of Bitcoin, after maintaining radio silence since 2018, has set tongues wagging. The account’s tweets are cryptic and have sparked speculation and curiosity within the cryptocurrency community.

What is the reason for this emergence and can it have implications for the token’s price? Let’s read.

Breaking the Silence

In its tweet, @satoshi said it will spend the next few months talking about important things about Bitcoin that were not in the original Bitcoin paper. The tweet also served as a reminder of Bitcoin’s fundamental purpose: to provide a simple and accessible means for online financial transactions.

The tweet also mentioned about the upcoming “Bitcoin halving.” This event can change how Bitcoin works and ,in turn, exert a substantial influence on its market value.

The tweet had some mysterious elements. It made cryptic references to those who might seek to conceal the truth and included a mention of “2024 being the year of the Dragon.”

Also Read: Satoshi Nakamoto Returns After 5 Years: What Does It Mean for Bitcoin?

Community Skepticism

Amid the frenzy, voices of caution have arisen.

Notable figures such as analyst Adam Cochran and the prominent exchange platform Kraken have sounded a warning bell. They advise against clicking on any links shared by the @satoshi account, citing concerns that these links may be fake and possibly exploited by scammers.

Who’s Hiding Behind the @satoshi Twitter Handle?

The burning question on everyone’s mind is: Who’s running the @satoshi account? Some are jokingly calling it “faketoshi.” Others say that some words in the tweet suggest that it might not be the real Satoshi Nakamoto but maybe someone else.

A theory says this account might belong to Craig Wright, who has claimed to be the real Satoshi Nakamoto. However, many experts and fans of Bitcoin don’t believe him. They think it’s unlikely that this account is connected to Bitcoin’s creator.