Musk recently revealed a new theory about the identity of the legendary Bitcoin creator Satoshi Nakamoto, arguing that the true identity of the bitcoin creator is not as important as the evolution of the ideas that led to it.
“You can look at the evolution of this idea before the bitcoin launch and see who wrote about those ideas” Musk said in an interview with podcaster Lex Fridman, who asked: Is it considered a defect? The identity of Satoshi Nakamoto is unknown. "It's another interesting story in the history of mankind that is technologically advanced, but we don't know who created it."
“I don't know who created the bitcoin, but Nick Szabo seems to be more of that person than anyone else, and he is responsible for the evolution of those ideas,” Musk added. He will be more responsible for the ideas behind it than anyone else.”
Szabo is best known for being the creator of the earlier Bit Gold and smart contracts, which eventually evolved into a key piece of the Ethereum blockchain. Szabo previously denied that he was Satoshi Nakamoto. He told financial news outlet Dominic Frisby in 2014: "I'm afraid you'll mistake me for a Satoshi, but I'm used to it."
Musk also told Fridman that he doesn't understand the smart contracts used on ethereum, which are contracts that can be executed manually on the blockchain network and will only run if pre-defined conditions are met.
“I never understood what all these smart contracts were" Musk joked. "I'm too stupid to understand smart contracts."
However, Musk went on to predict that Dogecoin would become the main competitor of bitcoin in the meme way. And eventually it will become the main currency used on Mars. Musk previously hinted at a project he offered Dogecoin to his rocket company SpaceX to "laying the foundation of dogecoin on the moon"
“I think Mars has to have a currency. I don't know if Mars has a cryptocurrency or not. But it may seem possible. It will be something localized on Mars,” Musk said, adding: "The future of Mars should depend on the Martians."