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Is Pi Network Founder Dr. Nicolas Kokkalis the Real Satoshi Nakamoto?

  • currency-symbol PI $ 0.6253 (-0.57%) top looser
Story Highlights
  • Is Pi Networkโ€™s founder actually Satoshi Nakamoto? A viral theory is sparking debate across the crypto world.

  • Pi Coin drops over 75%โ€”but a shocking twist about its founder has the community buzzing with wild speculation.

Pi Coin has had a rough week, down over 75% from its peak. After the Consensus hype, the coin is now sitting around $0.70. Amid growing investor frustration, a new twist has emerged around Pi Networkโ€™s founder. Analyst Mr Spock recently shared a speculation, leaving everyone confused.ย 

Could Nikolas Kokkalis actually be Satoshi Nakamoto? Although it sounds wild, there are some reasons that he cited to back this speculation. Letโ€™s find out what made him say that. 

Satoshi Nakamoto is the pseudonymous creator of Bitcoin, the worldโ€™s first decentralised cryptocurrency. He contributed to Bitcoinโ€™s code and development until 2010, before he disappeared from the public. His identity still remains a mystery.ย 

Following the Clues: Kraken, Coinbase, and the Satoshi Connection

Pi Network co-founder Kokkalis follows only a handful of exchanges on Xโ€”Coinbase, Kraken, and OKX. Kraken is associated with the last known transaction linked to Satoshi Nakamoto, one of the very exchanges that Nicholas follows. But how does that prove he is Satoshi? Hereโ€™s where things get more interesting. 

A Coinbase executive also believes that Kraken might hold information about Satoshiโ€™s identity because their research suggests a connection between Satoshi-linked wallets and Cavirtex, a Canadian exchange later acquired by Kraken. This is not a coincidence, but precision, he says. 

While the community awaits a Binance listing overseas to boost Pi Networkโ€™s visibility, this analyst is thinking even bigger. He believes that once Pi launches on Coinbase, the U.S. could become a major driver of Piโ€™s real-world value.

In response to the post, one of the users imagined a wild scenario and wrote that, if Pi Networkโ€™s founder is Satoshi, then when Satoshi sells off their Bitcoin, it could cause problems for governments. And after that, Pi could become the new global currency with early users benefiting the most. 

Experts Point to Strange Coincidences

Kokkalis has a PhD in blockchain technology, which is the kind of expertise someone would expect from Bitcoinโ€™s creator. Like Satoshi Nakamoto, he seems detached from money, building Pi Network by distributing tokens without asking investors for cash.ย 

Analyst Dr Altcoin had also taken a close look at Nicholas’ academic work and had found that Nicholas has an impressive background in computer science with noteworthy publications. โ€œWhatโ€™s clear is that Pi Network is an innovative project built on Nicolasโ€™ expertise, making it one of the most promising crypto ventures today,โ€ he said. 

However, there is no concrete evidence to back these claims. But still, this has captured the attention of many in the crypto community. 

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FAQs

Why is Pi Coin down today?

Pi Coin dropped after failed Consensus hype and unclear updates, losing over 70% from its recent high.

Who is the founder of Pi Coin?

Nikolas Kokkalis, a Stanford PhD in blockchain tech, is the creator and lead developer behind Pi Network.

Which country made Pi Coin?

Pi Coin was developed by a team of Stanford graduates in the United States, not officially tied to any country.

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