Get All Access for $5/mo

Elon Musk May Be the Creator of Bitcoin, a Former SpaceX Intern Theorizes Could the CEO of Tesla and SpaceX have created the biggest cryptocurrency as well?

By Stephen J. Bronner Edited by Dan Bova

Krisztian Bocsi | Getty Images

One of the key mysteries of Bitcoin -- which recently reached a jaw-dropping value of more than $9,000 -- is who exactly created the cryptocurrency. Satoshi Nakamoto is listed as the author of the original paper describing Bitcoin, but no actual person, or group, has come out to say they are Nakamoto.

Well, hold onto your hats, because Sahil Gupta, who says he was a software engineering intern at SpaceX, recently wrote a Medium post making a case that Satoshi Nakamoto is none other than Elon Musk.

Related: 11 Things You Need to Know About Bitcoin

What's Gupta's evidence for this claim? Nothing concrete, but his logic is relatively sound. The original 2008 Bitcoin paper was written by someone "with a deep understanding of economics and cryptography," which Gupta says Musk possesses. Musk is also a master of coding language C++, the language Bitcoin was written in, Gupta says.

"Experience aside, Elon is a self-taught polymath. He's repeatedly innovated across fields by reading books on a subject and applying the knowledge," Gupta writes. "It's how he built rockets, invented the Hyperloop (which he released to the world as a paper), and could have invented Bitcoin.

Gupta then points to this 2014 tweet from Musk as a possible coy confession that he created Bitcoin.

Related: 23 Weird Things We've Learned About Elon Musk

But, my favorite piece of Gupta's argument is this: "Would Elon choose a pseudonym that's an anagram for 'So a man took a shit?' Of course."

It's not much to go on, but it's certainly an interesting hypothesis. What do you think? Did Elon Musk create Bitcoin? Share your thoughts in the comments section.

Stephen J. Bronner

Entrepreneur Staff

News Director

Stephen J. Bronner writes mostly about packaged foods. His weekly column is The Digest. He is very much on top of his email.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Business News

These Companies Offer the Best Work-Life Balance, According to Employees

The ranking is based on Glassdoor ratings and reviews.

Leadership

Why Your AI Strategy Will Fail Without the Right Talent in Place

Using fractional AI experts through specialized platforms allows companies to access top talent cost-effectively, drive innovation and scale agile strategies for growth.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Business News

5 Trends Every American Small Business Owner Needs to Watch in 2016

Technology will continue to cost less but borrowing is becoming more expensive. Don't expect much substantial from Washington in an election year.

Business News

Here's What the CPI Report Means for Your Wallet, According to JPMorgan and EY Experts

Most experts agree that there will be another rate cut next week.