RATE Group | WATCH: A look at the man or group behind bitcoin
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WATCH: A look at the man or group behind bitcoin

WATCH: A look at the man or group behind bitcoin

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DURBAN – The identity of the Bitcoin’s creator has been shrouded in secrecy ever since the cryptocurrency was created in 2009.

Many have pondered and some government entities have tried to determine who is the creator of Bitcoin?

Bitcoin is a type of a digital currency in which encryption methods are used to manage the generation of units of currency and confirm the transfer of funds operating separately from a bank.

News organisations and cryptocurrency websites have attributed the creation of Bitcoin to Satoshi Nakamoto. However, it is believed that that name is actually a pseudonym for an individual or a whole group of people.

Nakamoto was considered to be the creator of the cryptocurrency when a whitepaper entitled “Bitcoin: A Peer-to-Peer Electronic Cash System” was found to have his name on it.

However, there are many people that have been associated with the cryptocurrency since it was first launched.

Bitcoin has garnered praise and gained criticism from people all over the…

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