HBO has released its much-anticipated documentary on Bitcoin (BTC) and its mysterious creator, Satoshi Nakamoto. The documentary, The Bitcoin Mystery, claims that Peter Todd, a well-known figure in the blockchain space, is the real Satoshi based on conversations from Bitcoin’s early days.
According to the documentary, Todd may have accidentally revealed himself as Satoshi by not switching accounts during an early exchange with the creator. However, Todd denies this, even though he was one of the early contributors to Bitcoin’s technology.
After the documentary aired, traders on Polymarket, a prediction platform, suffered losses. Many had bet on Len Sassaman as the real Satoshi, but HBO’s findings put that theory in doubt. Despite the speculation, Satoshi’s true identity remains a mystery, even 15 years after Bitcoin’s launch.
Over the years, on-chain investigators have tried to reveal Satoshi’s identity by sending small amounts of Bitcoin to wallets they believe belong to the creator. However, there has been no movement from Satoshi’s wallets since more than 1 million coins were mined in Bitcoin’s early days.
In a separate case earlier this year, a court in London ruled that Australian businessman Craig Wright failed to prove he was Satoshi, rejecting his claim to the Bitcoin whitepaper.
CryptoQuant CEO Ki Young Ju has warned that revealing Satoshi’s identity could hurt Bitcoin’s price. Bitcoin gained popularity because of its privacy features and decentralized nature, making it different from traditional finance.
According to most crypto enthusiasts, all Bitcoin users should be considered Satoshi, and investors should focus on the bigger picture of blockchain technology updating the siloed financial systems.
What do you think? Is Peter Todd the real Satoshi Nakamoto, or is someone else pulling the strings behind the scenes?
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