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Home News Bitcoin News

Jack Dorsey’s Provocative Claim: Can Bitcoin Outgrow the Satoshi Legacy?

by Vartika Sahu
May 20, 2025
in Bitcoin News
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Jack Dorsey’s Provocative Claim
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In a surprising and reflective statement, Jack Dorsey, co-founder of Twitter and CEO of Block, suggested that Bitcoin could one day render Satoshi Nakamoto irrelevant. Speaking at a recent event, Dorsey argued that the strength of Bitcoin lies not in its mysterious creator but in its decentralized design, global community, and ability to evolve without a single point of control. On Sunday, the ex-Twitter CEO retweeted a comment by “grubles” and added his analysis, “sats are so confusing to people just getting into bitcoin. Bits of bitcoin are better, and just bitcoin is best.”

this

sats are so confusing to people just getting into bitcoin.

bits of bitcoin is better, and just bitcoin is best. https://t.co/DjF77wecwD

— jack (@jack) May 18, 2025

This bold assertion raises critical questions about the future of Bitcoin and how it continues to redefine trust, identity, and leadership in the financial world.

From Creator to Code: Why Satoshi May Become Obsolete

These are words of the CEO of Twitter, Jack Dorsey, which specify a core principle of Bitcoin-decentralisation. Bitcoin is different from traditional financial systems in that they depends on central authorities; Bitcoin works through nodes and miners with open-source code and community consensus. As Dorsey said, “The most beautiful thing about Bitcoin is that there is no person in control, not even its creator.”

Satoshi Nakamoto, the anonymous individual or group behind Bitcoin, vanished from public view in 2010. Since then, Bitcoin has grown into a trillion-dollar asset class, developed by thousands of contributors, and adopted globally. According to Dorsey, this evolution signifies that the technology has transcended its origin story, a rare feat in the tech world. “Satoshi could be forgotten and it would not matter,” he claimed.

This idea is not just philosophical, it is practical. If Bitcoin is to serve as a universal financial protocol, it must be self-sustaining and resilient, immune to the myths or vulnerabilities tied to a single identity.

Decentralization and Trust in a Post-Satoshi Era

What Dorsey is emphasizing is that Bitcoin is a trustless system; trust is embedded in mathematics, not in people. This is a key distinction that separates Bitcoin from nearly every other currency or platform. By removing the need for human authority, Bitcoin opens the door to financial sovereignty.

Additionally, the more institutions and governments engage with Bitcoin, the less attention is given to its origin story and more to its economic and technological potential. The Lightning Network, Taproot upgrade, and implementation by nations such as El Salvador and corporations such as Tesla all indicate that Bitcoin is thriving and innovating without Satoshi.

This shift from founder-focused attention to protocol-based evolution also mirrors what happened with other open-source projects like Linux, where the code became bigger than the coder.

Jack Dorsey’s statement is not a dismissal of Satoshi Nakamoto, but a celebration of what Bitcoin has become a leaderless revolution built on transparency, collaboration, and resilience. In a world where charismatic founders often shape narratives and outcomes, Bitcoin stands apart.

If Bitcoin is to fulfill its mission of becoming a truly global, censorship-resistant currency, it must continue to function independently of its mysterious beginnings. And in that sense, forgetting Satoshi may indeed be the final test of its maturity.

Also read:

  • Bitcoin to Hit $500K to $1M This Cycle? Adam Back’s Bold Prediction and What It Means for Crypto Investors
  • Bitcoin ETFs Attract Over $5 Billion Amid Strategic Bullish Bets
  • Bitcoin Bull Token Rides the Wave of BTC and Gold’s Market Momentum
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