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Alleged Bitcoin founder denies involvement

2014-03-07 63 Dailymotion

The Japanese American man suspected of being the mind behind Bitcoin digital currency denies any involvement.<br /> <br />(SOUNDBITE) MAN SUSPECTED OF BEING SATOSHI NAKAMOTO LEAVING HOME AND GETTING INTO CAR<br /> <br />"Okay, I'm not involved in Bitcoin."<br /> <br />His Southern California home is relatively modest.<br /> <br />(NATURAL SOUND)<br /> <br />On Thursday, Newsweek magazine published a story that said the suspected multi-millionaire 'father' of bitcoin, Satoshi Nakamoto, lived in Temple City, California -- and it included a photo.<br /> <br />Nakamoto is a name well known to bitcoin traders around the world, but he's largely remained ananymous.<br /> <br />Bitcoin is a digital currency that, unlike conventional money, is bought and sold on a peer-to-peer network.<br /> <br />In recent weeks, bitcoin's value has been put into question following the bankruptcy filing by major bitcoin exchange Mt. Gox.<br /> <br />Critics say it's a risky, unregulated investment. The total worth of minted bitcoins is now estimated to be about

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