A man claiming to be the anonymous creator of Bitcoin has published the first article in a three-part series that will supposedly unveil the identity of the cryptocurrency mastermind known as Satoshi Nakamoto.
In part one of “My Reveal”, the self-professed Satoshi says he grew up in Pakistan, and his father worked at United Bank Limited, a Pakistani multinational bank based in Karachi.
“Nakamoto” says he was deeply affected when the UK’s central bank shut down Pakistan’s scandal-ridden Bank of Credit and Commerce International (BCCI) in 1991, as well as the global financial collapse and great recession that began in 2008.
“On a personal level, when I visited the UK in 2005, no bank would open its doors for me to give me access to a bank account because I didn’t have a permanent UK address. Without a bank account, I had no access to online facilities, and I didn’t know how to overcome this obstacle…
I felt like a failure and was humiliated by the banks so I made it my mission to invent something that would enable a common layperson to access money without involving the big banks. I wanted to empower the poor person, empower the little man, and create something that was accessible as the people’s money – the people’s bank with no boundaries, no nationalities, and no discrimination – where nothing was controlled by the government and where no one dictated and destroyed people for the sake of misplaced politics.
Even a poor kid with limited education could potentially reap the benefits from Bitcoin whilst sitting in China, India or Africa. I was driven to create something that would change finance and the banking world forever and would give people the power,