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The Satoshi-Adam Back Emails: What They Actually Reveal About Bitcoin's Origins

After decades of speculation, the complete email chain between Bitcoin creator Satoshi Nakamoto and Hashcash inventor Adam Back just surfaced in UK court records—and it’s more mundane than you’d expect.

The Big Picture

Five emails, spanning from Back’s first introduction to Satoshi’s announcement of Bitcoin’s public release in January 2009. That’s it. Yet people are still mining these messages for clues about Satoshi’s identity and whether Back had a hand in creating Bitcoin.

Spoiler alert: these emails don’t prove either.

What Actually Happened

The correspondence shows exactly what you’d hope: Satoshi clearly citing his sources. Back pointed him toward Wei Dai’s b-money work. Satoshi acknowledged the intellectual debt while explaining what made his system different.

And here’s the kicker—Back apparently never bothered reading the Bitcoin white paper initially, despite being name-checked in it. He found out about Bitcoin’s launch through Satoshi’s January 2009 email.

Why This Matters

Hashcash (Back’s 1990s invention) literally became Bitcoin’s proof-of-work mechanism. Without it, mining doesn’t exist. But the emails prove Back wasn’t a co-creator—just an influencer whose work got repurposed. Satoshi understood the distinction and articulated it clearly.

The tone? Professional, cryptic, and exactly what you’d expect from someone building something quietly.

The Real Takeaway

These emails are a historical document, not a mystery solver. They show how Bitcoin wasn’t magic—it was standing on the shoulders of giants (Hashcash, b-money, prior cryptographic work) and adding something genuinely new. Whether Satoshi was one person or a group, these emails prove they understood the lineage of their creation and weren’t pretending otherwise.

After 15 years, we finally get confirmation: Satoshi was thorough, courteous, and knew exactly what he was building on.

BTC6.43%
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