Elon Musk Debunks The Bitcoin Ownership Rumour

Elon Musk Debunks The Bitcoin Ownership Rumour

Less than two days after being accused of being Satoshi Nakamoto, Musk went straight to debunk the rumor as false.

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Elon Musk hit the limelight on November 26, 2017, when a claim by a former employee of SpaceX linked him to being Satoshi Nakamoto, the Bitcoin founder. Bitcoin is registered under the alias name Satoshi Nakamoto as the founder since 2008. He’s rumored to have over one million bitcoins in holdings.

The cryptocurrency world has witnessed a lot of eyeballs on this Satoshi mystery with almost every entrepreneur either claiming or denying a hand in it. Elon Musk became the first target by most people who wanted his response on this hot topic but to no avail did they find their answer on the first day.

Less than two days later, Musk heard of it and went straight to debunk the claims on Twitter in his own fathomable way— “Not true. Part of a BTC was sent to me a few years by a friend, but I can’t trace it now”.

The origin of this rumor came from a former SpaceX intern, Sahil Gupta, who is currently studying at Yale University. Guptas post solicited both supportive and skeptical (majorly) reaction responses after it went viral on the traditional as well as the niche media.

Phil Thompson puts it that Musk finally did rest on the 7th day.

Frayed Knot defends Musk as being a serial self-promoter who nobody would have missed hearing of anything be it 1/1000 that would be groundbreaking.

As for Adam W, he discredits this news completely that there is no way Elon Musk would be Satoshi. He adds that Musk wouldn’t design a high-energy kind of currency system that would impact the environment in this manner—Equates bitcoin transaction to using much power size than an entire house usage for a full week.

“The mind behind this article was facilitated by his P.R. company”, assures Dave.

From all these scenarios, the deduction can be reasoned out openly that Elon Musk is definitely not the creator of Bitcoin, despite his many genius technological endeavors.

This puts the cryptocurrency world in a wild state of guessing as to who is the real deal behind bitcoin founder. This great mystery lives on.

Image Credits: OnInnovation. Copyright 2010 The Henry Ford