Elon Musk — the man who mainstreamed electric cars, created the first reusable space rocket, brought us the first electronic payment system, and even proposed the most credible Mars colonization plan.
What more can we ask of him? Does he have another little secret tucked up his sleeve? Perhaps Bitcoin? Nah, a man named Satoshi Nakamoto created Bitcoin, right? Technically, yes. But the true identity of the Japanese inventor is unknown, which leads many people to believe that it’s Elon Musk.
Knowing how great-of-an-inventor and innovator he is, it’s possible that he indeed brought us Bitcoin. Many optimistic folks, believe that it’s the case. Here are some of the reasons:
Elon is the Benjamin Franklin of Today
There are a lot of similarities between Elon and the American polymath, Benjamin Franklin. First of all, the two men are both inventors and innovators who seek solutions to the most urgent problems of their time.
Elon is creating ways to improve sustainable energy with SolarCity. He is also actively pursuing our quest to become a multi-planetary species to ensure humanity’s survival. He’s doing that through SpaceX. He is even looking at many opportunities to improve road safety and driving comfort with Tesla’s electric and autonomous-driving cars.
Ben Franklin likewise did many innovative things, by discovering electricity, also laid the political foundation of the United States, and even advocated the use of paper money. Not to mention that he dwelled on certain societal issues like slavery, wrote knowledgeably on health-related topics, and paved the way for the country’s independence from the British Empire.
Coding, Cryptography, and Economics Background
The Bitcoin white paper which was released in 2008 was written by a person who was highly knowledgeable in cryptography and economics. The source codes in the paper were written using the C++ language. But it wasn’t just any C++ code as it was written in a sophisticated way, implying that its creator was a master of the programming language.
Coincidentally, Elon has lots of experience in C++ as he used it in creating Zip2 and X.com, which eventually became PayPal — the first electronic payment service. He also has a deep understanding of how the financial world works as he has a degree in economics from the Wharton School of Business.
He’s the “Self-Taught Polymath”
Putting his experience aside, Elon is a genius in several fields. From the auto industry to space rockets, and even the AI market and financial sector, Elon just seems to know everything.
What makes him even more of a phenomenon is that he didn’t just tip-toe into these different fields. Instead, he fully innovated them and left a considerable imprint that will benefit the generations to come.
Former SpaceX intern Sahil Gupta said Elon is a “self-taught polymath.” Might he have continued his innovation in the financial sector by introducing Blockchain technology and created the first-ever cryptocurrency, Bitcoin?
The Great Recession and the Need for a Total Upgrade
Elon Musk was a first-hand witness to the Great Recession of 2008. It was a time when his companies, SpaceX and Tesla, were still having a difficult time leveraging existing markets. Then the unthinkable happened as his rising business empire was put to a stand-still after being suddenly affected by the economic meltdown.
Interestingly, Bitcoin was created in 2009, possibly as an answer to the problems that were brought on by the crisis. The creation of Bitcoin could have aided in reducing the risk of bankruptcy because it wouldn’t be tied to any central authority, unlike traditional currencies. Would Elon benefit from this?
Sounds Like Elon
Let’s get back to the original white paper which introduced Bitcoin to the word. There you’ll find concepts like the “hallmark reasoning of principle” and the “order-of-magnitude calculations,” ideas that only Elon can comprehend. There are also archives of Satoshi’s Bitcointalk posts available to review. The regular use of the phrase “bloody hard” also coincides with Elon’s choice of words.
These are some of the reasons why Elon Musk might be the famed, but mysterious Bitcoin inventor, Satoshi Nakamoto. Elon denies such claims:
Not true. A friend sent me part of a BTC a few years, but I don’t know where it is.
— Elon Musk (@elonmusk) November 28, 2017
If Elon really is Satoshi, Bitcoin and cryptocurrencies as a whole could greatly benefit his corporate empire. Perhaps he wants to stay silent for the meantime.