Part 5/17:
He notes that this myth-making was partially shaped by media coverage and community narratives, which often overlooked the human realities of Satoshi’s involvement.
Phases of Satoshi’s Leadership and Departure
Delving into the timeline, the researcher describes four distinct phases of Satoshi’s involvement:
Initial Silence (2009): Early Bitcoin transactions were sparse; few users or transactions existed. Satoshi was the sole active participant, developing the white paper and initial software.
Community Building (2010): Satoshi actively engaged in discussions, built forums, and promoted interest among early adopters. Notably, he launched the Bitcoin forums, fostering a community that began to trade and assign a value to Bitcoin.