A viral video taken at a Las Vegas event has put self-claimed “Bitcoin co-founder” Jörg Molt in the spotlight this past week. A Twitter user in the space known for hair trigger accusations calls Molt a scammer in the video, and Molt proceeds to knock off the guy’s baseball cap. Amusing as the sophomoric dumpster fires of crypto Twitter may be, Molt’s story is illustrative of all-too-common behavior in crypto worthy of focused caution. Before forking over fees for Molt’s Satoshi School courses or bitcoin branded champagne, be sure to know the real story beneath the great head of hair.
The ‘Co-Founder’ of Bitcoin
While Molt’s reported past of sordid scams, numerous aliases, and life as a DJ in Germany is the source of all kinds of speculation and internet sleuthing, one thing that is immediately verifiable is that he continues to make larger-than-life claims. Molt sells himself (and by extension his courses and BTC-branded bubbly) as “Co-founder of BitCoin” and “one of the few experts in blockchain technology and cryptocurrencies.” He also created something called the Satoshi School, with a website that states:
The Satoshi School is the only school in the world that teaches exclusively about BitCoin and BitCoin blockchain technology in a location that suits you. It was founded in 2016 by BitCoin co-founder Jörg Molt – who has been working on global digital cash projects since 1995.
To see what Molt really means when he says “co-founder,” a Youtube interview with Steven Melnik sheds some light on the slippery language. “It is the magic about that people from all over the world had the same idea at this time,” Molt states of the pre-bitcoin era,