Dorian Satoshi Nakamoto denied any involvement in creating bitcoin as digital currency in a statement released through his lawyer, Ethan Kirschner.

Dorian Satoshi Nakamoto

Dorian Satoshi Nakamoto emphasized, “I did not create, invent, or otherwise work on Bitcoin. I unconditionally deny the Newsweek report.” According to him, he first heard the term bitcoin from his son in the middle of February this year after he was contacted by a reporter regarding the issue.

Newsweek previously reported that he was the “Satoshi Nakamoto” who was recognized or speculated to have created bitcoin.

Dorian Satoshi Nakamoto said, “After being contacted by a reporter, my son called me and used the word, which I had never before heard. Shortly thereafter, the reporter confronted me at my home. I called the police. I never consented with the reporter. In an ensuing discussion with a reporter from the Associated Press, I called the technology “bitcoin.” I was still unfamiliar with the term.”

Nakamoto: No knowledge in cryptography

In addition, Nakamoto emphasized that he has a background in engineering with the ability to program, but has does not have any knowledge about cryptography, peer to peer systems, or alternative currencies. His most recent job was as an electrical engineer troubleshooting air traffic control equipment for the Federal Aviation Administration (FAA).

Great deal of confusion and stress

Dorian Satoshi Nakamoto said that he wasn’t able to find a steady job as an engineer or programmer over the past ten years. He worked as a laborer, polltaker and substitute teacher. He also underwent prostate surgery in October 2012, and suffered a stroke in the same month last year. As a result of financial difficulties, he discontinued his internet service.

According to him, the Newsweek article harmed his prospects of getting better employment and “has been the source of a great deal of confusion and stress” for himself and his entire family.

Meanwhile, Newsweek issued a statement indicating that it did not receive any statement or letter from either Nakamoto or his lawyer. The media entity said it will respond as necessary if and when it receives any letter from Dorian Satoshi Nakamoto or his legal counsel.

IT pioneer discussed potential identity of Bitcoin inventor

In May of last year, IT pioneer Ted Nelson discussed the possibility that Prof. Shinichi Mochizuki, a Japanese mathematics professor at Kyoto University is the person behind the pseudonym “Satoshi Nakamoto” who invented bitcoin.

Nelson explained in a YouTube video that he used a Sherlock Holmes strategy in identifying the bitcoin inventor. He emphasized that Prof. Mochizuki, just like Nakamoto, has one thing in common that fits the pattern and that is publishing through unconventional academic channels without discussing their work and leaving experts mystified.