Satoshi Nakamoto and Patrick Bateman Share Themes of Mystery and Duality

The last known email from Bitcoin creator Satoshi Nakamoto was sent in April 2011 to Mike Hearn, a significant early contributor. Key points include:

  • Bitcoin had been operational for 840 days by that time.
  • Satoshi worked on Bitcoin's design from 2007, remaining active in development for about four years.
  • Hearn maintained communication with Satoshi despite the latter's reduced public presence after December 2010.
  • Satoshi encouraged community members to take over, leading to Gavin Andresen becoming the lead maintainer.
  • This transition resulted in the controversial BitcoinXT fork aimed at increasing block size limits.
  • Hearn sold all his Bitcoin by January 2016 when prices were under $500 and later transitioned to work on enterprise distributed ledger technology.
  • He expressed belief in cryptocurrency's potential but noted competition among coins can inhibit mass adoption.
  • Rumors surrounding Satoshi's departure include concerns over media attention and institutional visits, such as one by Andresen to the CIA.

Recent developments highlight SoftBank, Cantor Fitzgerald, and Tether potentially preparing to invest $3 billion into Bitcoin, emphasizing ongoing institutional interest in accumulating BTC.