Is Ripple’s CTO Satoshi Nakamoto? New Claims Stir Speculations

Ripple CTO David Schwartz has recently hinted that Bitcoin’s enigmatic creator, Satoshi Nakamoto, might have held a significant amount of XRP. This intriguing claim, made during his 2021 deposition in the SEC vs. Ripple lawsuit, has reignited speculation that Schwartz himself could be Satoshi.

Let’s uncover the truth.

Satoshi’s XRP Holdings?

During the deposition, Schwartz revealed that Satoshi likely held a substantial amount of XRP back in 2017. He highlighted that while Ripple was actively developing a payment system centered around XRP, no similar efforts were made for Bitcoin. Schwartz pointed out that Ripple’s control over XRP provides the company with a strategic advantage over Bitcoin.

Coincidence or Clue?

The notion that Satoshi held a large amount of XRP has fueled rumors about Schwartz’s potential identity as Bitcoin’s pseudonymous creator. Several coincidental events add weight to this theory:

• Bitcoin & XRPL Entry-Exit Timeline Coincidence: Schwartz’s involvement in the initial development of the XRP Ledger aligns with Satoshi’s exit from Bitcoin in 2011. Schwartz, Arthur Britto, and Jed McCaleb started developing XRPL around the same time.

• Bitcoin Creator’s Praise: Satoshi praised the original 2004 Ripple concept for its decentralised system, which coincides with Schwartz’s interest in exploring new blockchain endeavours.

• Bitcoin Code Release Date Mystery: Satoshi shared the pre-released version of Bitcoin code on November 16, 2009, which is also Schwartz’s birthday.

While these events and Schwartz’s statements add to the speculation, they do not confirm that he is Satoshi Nakamoto. The true identity of Bitcoin’s creator remains one of the greatest mysteries in the crypto world.

The ongoing speculation about Satoshi Nakamoto’s identity continues to captivate the crypto community, with new claims and theories keeping the mystery alive.

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