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Pressure mounts on Elon Musk to address fake Satoshi profile.

Elon Musk faces pressure from the crypto community to remove a fake Satoshi Nakamoto account on X platform, citing policy violation.

by V. Sinclair
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Pressure on Elon Musk to Remove Fake Satoshi Nakamoto Account

Members of the cryptocurrency community are pressuring Elon Musk, owner of social media platform X, to remove a fake Satoshi Nakamoto account. They argue that the account violates X’s policies.

Concerns Raised about Fake Profiles on X Platform

User Pledditor raised concerns about the “Nakamoto” profile and another account using the handle “Bitcoin” on X platform. These profiles are seen as violating X’s terms of service, which prohibit misleading and deceptive identities unless they are parody accounts.

Comparison to Counterfeit Accounts

Pledditor equated the creation of fake profiles to forming counterfeit accounts for well-known entities like “Tesla” or “Elon Musk.” The policy explicitly warns against creating fake profiles of known individuals or organizations.

Management of the “Nakamoto” Profile

Andy Rowe has reportedly been managing the “Nakamoto” profile since 2018. Despite its silence since October 2018, the account resurfaced with a post on October 2, 2023, expressing its intention to explore facets of the Bitcoin white paper.

Crypto Community’s Call for Action

The crypto community rallied behind Pledditor’s stance, labeling the fake Satoshi Nakamoto account as embarrassing and urging immediate action. Some members shared past instances where they reported similar misleading profiles but received no response from X’s administrators.

Comparison to Handling of “@internet” Handle

Some suggested that a similar approach should be taken as with the handling of the “@internet” handle, indicating a need for consistent enforcement of policies.

Various Claims to Satoshi Nakamoto’s Identity

The true identity of the Bitcoin creator, Satoshi Nakamoto, remains concealed. Over the years, several individuals have claimed to be Satoshi Nakamoto, including Craig Wright, who recently won an appeal in the UK asserting copyright to the Bitcoin white paper.

Elon Musk’s Criticism of Biased Reporting

Elon Musk recently criticized mainstream media, particularly the CBS News program “60 Minutes,” for what he perceived as sensationalistic and biased reporting on Sam Bankman-Fried, the former CEO of FTX Exchange.

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