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Elon Musk Created Bitcoin? A Timeline of Events

This timeline examines Elon Musk’s life and career alongside the creation of Bitcoin, connecting significant events and exploring the similarities between Musk and Satoshi Nakamoto, Bitcoin’s pseudonymous creator.

The Early Foundations

• 1995: Musk co-founded Zip2, a company that provided business directories and maps for newspapers. (Source)

• 1999:

  • Zip2 was sold to Compaq for $307 million. (Source)
  • Musk founded X.com, an online banking platform. (Source)

• 2000:

  • X.com merged with Confinity, the creators of PayPal. (Source)
  • Musk envisioned transferring money using unique identifiers like email addresses. (Source)

• 2001: X.com officially became PayPal. (Source)

• 2002:

  • PayPal was acquired by eBay for $1.5 billion. (Source)
  • Musk founded SpaceX. (Source)

Bitcoin’s Foundations

• 2007: Satoshi Nakamoto began work on Bitcoin’s code. (Source)

• August 25, 2008: David Schwartz’s patent (US5025369A) expired, removing a legal barrier to Bitcoin’s creation.

• October 31, 2008: Bitcoin’s white paper was released by Satoshi Nakamoto. (Source)

• January 9, 2009: Bitcoin’s code was officially released. (Source)

Connections to Bitcoin

• Musk’s companies (PayPal, Tesla, SpaceX) and Bitcoin were all coded in C++. (Source)

• Both Musk and Satoshi shared traits and practices:

  • Familiarity with Visa credit card networks. (Source)
  • Use of packaging systems for file storage (e.g., zip files). (Source)
  • Common writing habits: “order of magnitude,” double spaces after periods, and phrases like “bloody.” (Source)

• Both were associated with Van Nuys, Los Angeles. (Source)

Key Events Supporting the Musk-Satoshi Theory

• 2015: SpaceX successfully landed its first reusable rocket. (Source)

• 2016: SpaceX licensed Starlink technology. (Source)

• 2017: Musk repurchased the domain X.com from PayPal. (Source)

• 2020:

  • Musk and Grimes named their child X AE A-XII, referencing “Ash” (AE = Ash, A-12 = 12th anniversary of Bitcoin’s white paper). (Source)
  • Grimes said, “I catch crypto like Ash Ketchum,” referencing the Pokémon character. (Source)

• 2021:

  • January 7: Musk tweeted, “The most entertaining outcome is the most likely.” (Source)
  • January 12: Musk hinted at his long-standing vision for X.com, tweeting, “The domain for that side project you never launched is up for renewal.” (Source)
  • February 8: Tesla invested $1.5 billion in Bitcoin, sparking a price surge. (Source)
  • November: Bitcoin hit its all-time high of $65,000. (Source)

The Single-Layer Debate (2022-Present)

• 2022:

  • Musk acquired Twitter, rebranding it as a step toward X, the everything app, aligning with his decentralized vision. (Source)

• 2023:

  • On Twitter, Musk argued that a single-layer network like Bitcoin can handle all global transactions, countering advocates of multi-layer solutions. (Source)
  • He suggested that increasing block sizes and optimizing the network’s efficiency could solve scalability issues, supporting his belief in Bitcoin’s long-term utility.

Additional Supporting Evidence

1. Technical Mastery:

   • Both Musk and Satoshi displayed deep expertise in cryptography, C++, and decentralized systems.

2. Financial Independence:

   • The 1,000,000 Bitcoins in Satoshi’s wallet have never moved. At Bitcoin’s $65,000 peak, these coins were worth $65 billion, a fraction of Musk’s $320 billion net worth in 2021. (Source)

3. Visionary Projects:

   • Musk’s ideas for X.com align with Bitcoin’s core functionality: peer-to-peer financial transactions.

4. Patterns in Public Statements:

   • Musk’s cryptic tweets often reference Occam’s Razor and memes that imply his connection to Bitcoin. (Source)