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HBO Releases 'The Bitcoin Mystery' Documentary, Claims Peter Todd Is Satoshi Nakamoto

Linda Hamilton
Linda HamiltonOriginal
2024-10-09 15:06:14954browse

American pay television network Home Box Office (HBO) has released its highly anticipated documentary on Bitcoin (BTC) and its mystery creator, Satoshi Nakamoto, dubbed The Bitcoin Mystery.

HBO Releases 'The Bitcoin Mystery' Documentary, Claims Peter Todd Is Satoshi Nakamoto

Home Box Office (HBO) has dropped its much-anticipated documentary on Bitcoin (BTC) and its enigmatic creator, Satoshi Nakamoto, titled "The Bitcoin Mystery." In the documentary, an HBO journalist concludes that Peter Todd is the true creator of Bitcoin, based on the original conversations with Satoshi.

The documentary points out that Todd accidentally revealed himself as Satoshi by failing to switch accounts during the initial conversations with Satoshi.

However, Todd has refuted the claims that he is the real creator of Bitcoin, despite being an early contributor to blockchain technology.

“I'm not Satoshi.”

Who Is Satoshi?

Following the HBO documentary series, most of the Polymarket traders, who had placed their bets on Len Sassaman as the Bitcoin creator, were left rekt. The true identity of Satoshi remains a mystery to this day, fifteen years after the official launch of Bitcoin.

On-chain sleuths have previously attempted to dox Satoshi by sending some BTC to wallets believed to be controlled by the original creator. But Satoshi hasn't made a single Bitcoin move since mining the initial batch of over 1 million coins.

Satoshi never sold his #Bitcoin, ever. pic.twitter.com/SIfbOoXBsA

Earlier this year, an English High Court ruled that Australian businessman Craig Wright is not Satoshi, following an attempt to gain legal control of the Bitcoin whitepaper.

Market Impact

According to Ki Young Ju, founder and CEO of CryptoQuant, revealing Satoshi's true identity could be bearish for the market. Notably, Bitcoin gained initial adoption momentum due to its security features, including greater privacy than traditional financial systems.

Most crypto enthusiasts argue that every Bitcoin user should be considered Satoshi, and investors should focus on the broader narrative of blockchain technology updating the siloed financial systems.

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