Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
Bitcoiners Demand Satoshi’s Identity Remain Secret

Bitcoiners Demand Satoshi’s Identity Remain Secret

Dailycoin2024/10/08 20:24
By: Dailycoin
BTC-0.25%WAVES+1.56%WLD-2.86%
  • Satoshi Nakamoto’s identity is an enduring mystery.
  • An HBO documentary claims to have unraveled the mystery.
  • Some believe there is nothing to be gained by revealing Satoshi‘s identity.

Satoshi Nakamoto is portrayed as a rebel who created Bitcoin to challenge the corrupt fiat system controlled by the few. Despite endless speculation and investigations, the true identity of Satoshi remains one of the internet’s greatest mysteries.

HBO claims to have solved the Satoshi mystery in an upcoming documentary. However, some argue that revealing Satoshi’s identity offers no real benefit and may even undermine Bitcoin’s core principles.

Keep Bitcoin’s Creator Anonymous?

The HBO documentary “Money Electric: The Bitcoin Mystery,” set to air on October 8, claimed to have unraveled the Satoshi mystery. However, some in the Bitcoin community argued that keeping Satoshi’s identity hidden is vital to preserving the cryptocurrency’s ethos.

Sponsored

Anthony Pompliano, founder of Professional Capital Management, expressed his view that the world is better off not knowing who created Bitcoin, though he didn’t expand on his reasoning.

The world is better off not knowing who Satoshi Nakamoto was.

— Anthony Pompliano 🌪 (@APompliano) October 6, 2024

Adam Cochran, partner at Cinneamhain Ventures, speculated that Hal Finney is the most likely candidate for Satoshi. Still, Cochran emphasized he would never disclose the identity even if he knew, as doing so would “change the dynamic of crypto.”

Cochran cautioned that revealing Satoshi’s identity could harm Bitcoin by associating it with the personal histories of potential candidates, some of whom have criminal pasts.

Satoshi Identity Leaked

Money Electric: The Bitcoin Mystery is set to air on Tuesday at 9:00 PM ET , with leaks suggesting the documentary will name Len Sassaman as the creator of Bitcoin. Sassaman, a well-known technologist and privacy advocate, tragically died by suicide in July 2011 after struggling with depression.

Bram Cohen, founder of the Chia Project and Sassaman’s former roommate, expressed doubts about the claims. He noted that while Sassaman was a brilliant mind, he likely didn’t possess the technical skills required to create Bitcoin.

However, Cohen revealed that Sassaman was close to Finney. He speculated that it’s possible Sassaman handled the “human language posting” while Finney worked on the technical side of Bitcoin’s creation.

Despite the documentary’s build-up, some remain skeptical , believing it will offer little new information beyond what is publicly known.

On the Flipside

  • Having no leader is a key aspect of Bitcoin‘s decentralization.
  • Satoshi‘s mined BTC is valued at $68 billion.
  • Some believe Bitcoin is a US government operation .

Why This Matters

Countless investigations have attempted to unmask Satoshi, leaving skeptics wondering what HBO could bring to this well-worn mystery.

Polymarket bettors wager on who will be unmasked as Satoshi.
Here’s Who the Industry Is Betting HBO Will Name as Satoshi

Worldcoin to focus expansion efforts on Asia and Latin America. 
Worldcoin Waves White Flag in Europe, Targets Asia Instead

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

New spot margin trading pair — HOLO/USDT!
Bitget Announcement2025/09/12 07:46
FUN drops by 32.34% within 24 hours as it faces a steep short-term downturn

- FUN plunged 32.34% in 24 hours to $0.008938, marking a 541.8% monthly loss amid prolonged bearish trends. - Technical breakdowns, elevated selling pressure, and forced liquidations highlight deteriorating market sentiment and risk-off behavior. - Analysts identify key support below $0.0080 as critical, with bearish momentum confirmed by RSI (<30) and MACD indicators. - A trend-following backtest strategy proposes short positions based on technical signals to capitalize on extended downward trajectories.

Bitget-RWA2025/09/12 06:14
OPEN has dropped by 189.51% within 24 hours during a significant market pullback

- OPEN's price plummeted 189.51% in 24 hours to $0.8907, marking its largest intraday decline in history. - The token fell 3793.63% over 7 days, matching identical monthly and yearly declines, signaling severe bearish momentum. - Technical analysts cite broken support levels and lack of bullish catalysts as key drivers of the sustained sell-off. - Absence of stabilizing volume or reversal patterns leaves the market vulnerable to further downward pressure.

Bitget-RWA2025/09/12 06:14
New spot margin trading pair — LINEA/USDT!
Bitget Announcement2025/09/11 10:04

Trending news

More
1
New spot margin trading pair — HOLO/USDT!
2
FUN drops by 32.34% within 24 hours as it faces a steep short-term downturn

Crypto prices

More
Bitcoin
Bitcoin
BTC
$115,555.53
-0.14%
Ethereum
Ethereum
ETH
$4,620.85
-0.51%
XRP
XRP
XRP
$3.05
-2.11%
Tether USDt
Tether USDt
USDT
$1
-0.01%
Solana
Solana
SOL
$244.43
+2.34%
BNB
BNB
BNB
$928.73
-0.09%
USDC
USDC
USDC
$0.9997
-0.01%
Dogecoin
Dogecoin
DOGE
$0.2792
-2.46%
TRON
TRON
TRX
$0.3483
-0.42%
Cardano
Cardano
ADA
$0.8919
-3.58%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter