- Recent developments have intensified discussions about Jack Dorsey’s potential involvement in Bitcoin’s creation.
- The narrative connecting Jack Dorsey to Bitcoin is built on a series of developments and coincidences, as highlighted in a detailed X thread by Seán Murray on February 15.
Jack Dorsey, the enigmatic co-founder of X and CEO of Block, has long been an outspoken advocate of Bitcoin (BTC). But could he be more than just a supporter? A thread by Seán Murray has reignited speculation that Dorsey might actually be Satoshi Nakamoto, Bitcoin’s mysterious creator.
WHY JACK DORSEY IS SATOSHI NAKAMOTO
Jack Dorsey was:
1 of ~1,300 confirmed cypherpunks in 1996 (his UMR email)
Wore an Adam Back t-shirt in the UMR yearbook
UMR students were called Miners
Was a CompSci & Math major with an interest in crypto
Member of ACM in 1997 to at…
— Seán Murray (@financeguy74) February 15, 2025
The theory presented is compelling, connecting Dorsey to the early cypherpunk movement, cryptographic research, and a series of coincidences that align with Bitcoin’s development.
A Cypherpunk Background
One of the arguments for Jack Dorsey being Satoshi Nakamoto is his connection to the cypherpunk movement, a group dedicated to cryptographic privacy, financial sovereignty, and digital currencies. In 1996, Dorsey was one of approximately 1,300 confirmed cypherpunks with an email address registered at the University of Missouri-Rolla (UMR).
His UMR yearbook even shows him wearing an Adam Back t-shirt. Back being a well-known cypherpunk whose work on Hashcash directly influenced Bitcoin. Adding to the intrigue, UMR students were nicknamed “Miners,” a striking parallel to Bitcoin mining. Academically, Dorsey studied Computer Science and Math, developed a strong interest in cryptography, and was an active member of the Association for Computing Machinery (ACM) from at least 1997 to 1999, all of which align closely with the expertise required to develop Bitcoin.
Coincidences That Point to Dorsey
Seán Murray further highlights several eerie coincidences between Bitcoin’s timeline and Jack Dorsey’s life, particularly through cryptic messages and overlapping dates. Dorsey tweeted, “Around the horn and home again, for that’s the sailor’s way.” On August 17, 2008, the very next day, Bitcoin.org was registered. His Twitter bio between September 2007 and January 2009 even stated that he was a sailor, aligning with the original Bitcoin source code, which included the maritime phrase: “Never go to sea with two chronometers; take one or three.”
Beyond thematic connections, there are strange timestamp patterns, every original Bitcoin source document was created exactly at 4 AM, the same time Dorsey’s personal blog mentioned as his preferred hacking hour. Additionally, the original Bitcoin source contained a brute-forced vanity Bitcoin address starting with “NS17”, which could stand for Nakamoto Satoshi 1/7, it was created on January 7, 2009.
Even more striking are the personal dates lining up with Bitcoin’s history. Satoshi accidentally revealed a California IP address on January 10, 2009, Dorsey was based in California at the time. The first-ever Bitcoin transaction occurred on January 11, 2009, which happens to be Dorsey’s mother’s birthday.
Notably, Satoshi joined the Bitcoin forum on November 19, which happens to be Jack Dorsey’s birthday. Also, Satoshi stopped mining on May 3, 2010, the same day as Dorsey’s father’s birthday. These coincidences, while circumstantial, build a compelling case that Jack Dorsey may be more than just a Bitcoin enthusiast.
When Jack Dorsey first began supporting Bitcoin, it was trading at around $11. Since then, its value has skyrocketed, increasing tenfold and reaching an all-time high of $109,000 in January 2025. Currently, Bitcoin is trading at $95,980, reflecting a slight decrease of 1.33% in the last 24 hours.