🧠 Watchlist Winners: Copy Legendary Investors' Portfolios in One ClickCOPY FOR FREE

Satoshi Nakamoto Had Alternative Name Option for Bitcoin

Published 08/22/2024, 10:25 AM
Updated 08/22/2024, 02:30 PM
© Reuters Satoshi Nakamoto Had Alternative Name Option for Bitcoin
TSLA
-
BTC/USD
-

U.Today - A recent update in the crypto community has surfaced about Satoshi Nakamoto having an alternative name option for Bitcoin (BTC) back in 2009. Again, this update has sparked discussion within the online crypto community regarding Nakamoto’s anonymity status.

Bitcoin’s alternative name option

The Bitcoin Podcast host Walker disclosed that Bitcoin’s anonymous creator, Satoshi Nakamoto, once contemplated naming the leading cryptocurrency "Titcoin." He disclosed it in a post on X, supported by an unverified email from Nakamoto, dated Aug. 21, 2009.

Exactly 15 years ago today, Satoshi Nakamoto debated naming Bitcoin "Titcoin," Walker noted, with a laughing emoji.

In the email, he had proposed using "Titcoin" because he assumed people would pay more attention. He believed it would have appealed to more people.

In a follow-up post, Walker highlighted that the "Titcoin" domain, Titcoin.org, may still be active. Upon launching, this domain leads to the webpage for "THE Bitcoin Podcast." Discovering a "Titcoin" podcast on social media X adds to the twist.

Nakomo's identity has become the subject of discussion following the latest revelation. Some community members claimed that the writing was that of a German. Another group thinks Tesla (NASDAQ:TSLA) CEO Elon Musk could be the brain masked as Nakamoto.

Satoshi Nakamoto’s history with Bitcoin

Satoshi Nakamoto published the Bitcoin Whitepaper in 2008, which laid the groundwork for the blockchain-based payment system. However, Bitcoin was officially launched in January 2009. This month marked the 16th year since Nakamoto registered the first Bitcoin website.

Although Satoshi’s identity remains unknown, his legacy is widely known in the crypto and blockchain worlds. Over the years, Bitcoin has achieved remarkable strides and recently received approval as an Exchange-Traded Fund (ETF) in the U.S.

This article was originally published on U.Today

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.