The elusive Satoshi

The inventor of Bitcoin signed his name under the pseudonym Satoshi Nakamoto. As far as is known, he has never had a Twitter profile, in part because no one knows who he is.

As it is merely a pseudonym, anyone can use it, and since the true Satoshi has been absent for almost a decade, nobody can stop its use.

Bitcoin: the impostor Twitter’s Satoshi Nakamoto

Twitter.com/satoshi is the address of a self-described Satoshi Nakamoto’s profile (now X).

It is a profile that was only made in 2018, which is over seven years after the developer of Bitcoin vanished.

That was yesterday when this phony account resumed tweeting.

The most recent tweet promises to broadcast well-liked tweets and announces the profile’s reactivation.

The odd thing is that, although having a blue tick indicating verification, the profile does not actually belong to Satoshi Nakamoto. It should be emphasized that the owner of this profile is not the one who created Bitcoin, but it does suggest that X is aware of his true identity.

Profiting from Satoshi Nakamoto’s fictitious Twitter account with Bitcoin

However, after being inactive for five years, why has this profile recently been activated?

As the last post was made on October 31, 2018, the owner of the profile had given up on it in just five months.

That blue tick could be a hint.

A virtually anonymous profile being validated with a blue tick is absurd. To utilize the extra features, for instance, it makes sense that the premium subscription has been engaged.

However, the primary factor that likely led to this profile’s verification is also likely monetization.

With 62,000 followers, this profile has the potential to create a lot of buzz (as this story demonstrates).

With regular updating, there’s a good chance this kind of profile can reach the stage where views can be paid for.

But to accomplish this, it must have the blue tick, and this is most likely the true reason it has been validated, even if it is a profile that doesn’t use its owner’s identity (which X is aware of anyhow).

To put it succinctly, view monetisation on X requires at least five million views in three months. Satoshi’s phony profile even surpassed this goal with one single tweet from yesterday.

He can thus turn on views monetization right now, and it’s quite possible that he can generate a sizable income from tweeting.

The Misinterpretation

All of this is obviously predicated on the misconception that this may be the author of Bitcoin’s profile; otherwise, his tweet from yesterday would not have been so successful.

The issue is that there is absolutely no evidence that this is not the developer of Bitcoin’s profile, which may potentially mislead a lot of people.

It is unknown if the original creator of bitcoin, Satoshi Nakamoto, ever used Twitter. He goes by this pseudonym to identify himself. All of his known communications are available at nakamotoinstitute.org, and none of them happened on a social network.

Nakamoto used forums, newsgroups, and email to communicate.

It’s possible that Satoshi Nakamoto’s fictitious account on X is highly profitable from view sales, but it’s also feasible that someone won’t recognize it for what it is—especially now that it has a blue tick.

Profits

Determining the realistic earning potential of the fictitious account holder is a challenging task.

When view monetisation is enabled, revenue is determined by the total number of views on a tweet.

It is improbable that he could regularly surpass 5 million views every month, but it is also quite implausible that he could maintain an average of 5 million views per tweet.

As of right now, there is no trustworthy information available regarding the amount of money made per thousand views, or RPM (Revenue Per Thousand). However, based on some information shared by users who have already enabled monetisation, it appears that the RPM on X is significantly higher than, say, TikTok, but much lower than YouTube.

But since it is far simpler to gain a lot of views on X than, say, YouTube, it is possible that, even with the same amount of work and commitment on X, views on YouTube can be monetarily monetized to a much greater degree only because there are a lot more views available.

The possible monthly income from Satoshi Nakamoto’s fictitious account on X is estimated to be between $500 and $5,000. It is possible, though, that if you work a bit more, it could reach $10,000 every month.

Considering this, it is quite likely that this is not the account of the person who created Bitcoin, who possesses almost $25 billion in BTC that has never been utilized.