Satoshi Nakamoto

Satoshi Nakamoto definition: The mysterious and pseudonymous individual or group behind the creation of Bitcoin, whose true identity remains unknown.

Satoshi Nakamoto is the pseudonym behind the creation of Bitcoin, the world's first decentralized cryptocurrency. In 2008, an individual or group using this alias released a white paper titled "Bitcoin: A Peer-to-Peer Electronic Cash System." This document laid out the foundational principles for a new kind of money - one that operates without a central authority, is immune to censorship, and can be transacted globally with minimal fees. The following year, Nakamoto released the first Bitcoin software, effectively birthing the cryptocurrency movement.

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Michelle Legge
By Michelle LeggeHead of Crypto Tax Education
Updated Sep 1, 2025
This article has been fact checked and reviewed as per our editorial policy.