Ripple CTO David Schwartz denying his involvement in Bitcoin creation, is that true?

By Selena 06/29/20 11:17 AM

There is quite a lot of speculation about who is Satoshi Nakamoto in the cryptocurrency market. However, so far, this mysterious character has not appeared. Recently, a character that is most related to Satoshi has appeared, named David Schwartz – CTO of Ripple.

I think it’s more plausible that Satoshi was a small group of people given the wide set of skills displayed and the amount of work done. It could have been one person, but that seems somewhat unlikely to me.

— David Schwartz (@JoelKatz) June 28, 2020

Ripple CTO David Schwartz explains why he’s been slowly selling out his Bitcoin

Schwartz was chosen by Crypto Twitter as the latest Satoshi Nakamoto candidate. However, he quickly countered.

According to Schwartz, Satoshi Nakamoto is a group of people who created Bitcoin, not an individual. Because this process requires a lot of skill and hardship. At the same time, Schwartz acknowledged that it was reasonable to assume that he could be one of the people involved in creating Bitcoin.

Even so, the harsh truth is that Schwartz only knew Bitcoin in 2011, while this cryptocurrency was launched in 2008.

Meanwhile, Schwartz is still bullish on Bitcoin. According to him, governments will not be able to push prices down by banning Bitcoin. He has been slowly selling out his stash for years due to ‘the level of risk ‘associated with it.

Nope. I’ve been slowly selling bitcoin for the past several years.

— David Schwartz (@JoelKatz) June 29, 2020

Adam Back, CEO of Blockstream, stated that it would be better for Bitcoin if its mysterious creator remained anonymous. Because that means we are all Satoshi.

All credible candidates have said emphatically that they are not Satoshi, odd pretenders are non-credible. We’ll likely never know, effectively there is no Satoshi – we have to think for ourselves. This is good, leaving was one of the wisest things he did. https://t.co/7zbyMjNV5M

— Adam Back (@adam3us) June 28, 2020

The CEO of Blockstream had to deny that he was Satoshi. A recent video on Reddit offers proof of this theory and in his recent tweet, Adam Back addresses this message, officially saying that he is not the BTC creator.

Adam Back has taken to Twitter to deny speculation that names him the mysterious Bitcoin creator. In his tweet, the Blockstream CEO also hints at those claiming to be Satoshi, with Craig Wright being the most famous and controversial one.