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Is Australian Millionaire 'Mr. Bitcoin?'

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Ronnie Baird: "Bitcoin is going to change the way we write code, the Internet, all of our interfaces; this is going to be like when the Internet exploded." - JAMES LLOYD, BOISE WEEKLY
  • James Lloyd, Boise Weekly
  • Ronnie Baird: "Bitcoin is going to change the way we write code, the Internet, all of our interfaces; this is going to be like when the Internet exploded."


An Australian entrepreneur told the BBC, The Economist and GQ magazine that he didn't take the decision to go public lightly, but he is the creator of the controversial currency Bitcoin.

Mystery has shrouded Bitcoin since it first surfaced in 2009. Its creator used the name "Satoshi Nakamoto" but only communicated via  encrypted electronic messages, prompting frequent speculation on his/her identity. In 2014, Newsweek claimed the founder of Bitcoin was Dorian Satoshi Nakamoto, a California physicist who denied the claim.

Monday morning, the BBC reported Australian millionaire Craig Wright provided a digitally signed message using cryptographic keys "created during the early days of Bitcoin's development. The keys are inextricably linked to blocks of bitcoins known to have been created or 'mined' by Satoshi Nakamoto."

BOISE WEEKLY
  • Boise Weekly
Boise Weekly visited with several Treasure Valley bitcoin users in Jan. 2015, including Ronnie Baird, who isn't an expert but is about as close to one as Idaho has.

"Who's the smartest bitcoin guy in Boise? I'm probably No. 3 and Grant [Anderson] is No. 1,"  said Ronnie Baird. "Honestly, we don't know who might be No. 2."

At the time, Baird said Idaho was pretty far back in the bitcoin pack.

"We're as far behind as you can get," he said. "A lot of people don't even know that a race is going on, let alone that the race is happening today."