Increased volatility for BTC is expected tonight at the release of the film about the creator of Bitcoin. Not a fact, but a high probability.
Today at 04:00 Kyiv time and Moscow time / 06:00 Astana time, the documentary film “Money Electric: The Bitcoin Mystery” will be released on the American #HBO.
The announcement claims that the film reveals the true identity of Bitcoin's creator, who hides behind the pseudonym Satoshi Nakamoto.
Putting aside the HBO jokes about “how could they find Satoshi if they couldn’t finish Game of Thrones properly?” this is an important situation. Because the filmmaker is Cullen Hoback, the director of “Q: Into the Storm.” It’s a documentary series that exposed the people behind the QAnon conspiracy theory. This will be the version that people listen to.
The question "who is Satoshi Nakamoto?" is not just an idle curiosity of the crowd. There are still 1.1 million#BTCin his wallet. About 1/21 of all#BTCthat will ever exist. And any institutional that can now invest their capital in this coin is interested - what is the risk that one day these#BTCwill start to be transferred to one of the centralized exchanges for sale?
In fact, the best thing the creator of Bitcoin could do for his brainchild now is to be dead. The proven fact of his death would be a bullish signal, right up to the start of a bull run. After all, this is a practically guaranteed loss of 1/21 of the asset's maximum (not to mention current) emission.
By the way, an interesting point - the key shareholders of the HBO channel are#Vanguardand #BlackRock. Two investment giants. The first of them has not yet accepted the Bitcoin ETF topic and is skeptical about this instrument. But BlackRock is vitally interested in closing the question "who created Bitcoin?" once and for all. At least - closing it "officially". It is beneficial for them to put an end to the issue. Even if not everyone accepts the results of the investigation.
Hoback said, "I think who we end up with is going to be surprising and controversial." And that, if he's to be believed, rules out a lot of the already-familiar names.
Among those most often named as Satoshi are two deceased and three living candidates:
- the late cypherpunk Len Sassaman,
- the late software engineer Hal Finney,
- systems engineer Dorian Nakamoto (in 2014 he was mistakenly identified as the creator of Bitcoin, but has repeatedly denied his involvement),
- computer scientist Nick Szabo,
- Hashcash inventor Adam Back.
The rates on Polymarket are fluctuating. If Len Sasseman initially gained almost 50%, now he is not even in second place. And Nick Szabo is in the lead. At the same time, 61% believe that someone outside the Polymarket list will be named.
Meanwhile, the head of research at Galaxy Digital said he heard an HBO documentary claim that Nakamoto's real identity was Len Sassaman. And Sassaman's widow, Meredith Patterson (also a very smart person when it comes to computers), doesn't believe Len was Satoshi.
Sassaman committed suicide in 2011 due to depression. There is not much information about him, but here are some interesting things:
- Was a crypto wunderkind. As a teenager, fell in love with the idea of cypherpunks, computer privacy.
- Studied with David Chaum, the man who invented blockchain.
- Wrote a number of publications and presentations, spoke at scientific events.
- Nakamoto went silent 2 months before Sassaman's death.
- A "memorial" to Sassaman was encoded in Block 138,725 of the Bitcoin blockchain, in which Sassaman is described as "a friend, a kind soul, and a wily schemer."
- His rumor is that his suicide note consisted of 24 random words. Which is very similar to the 24-word seed phrases used in crypto wallets.
By the way, Sassaman had a dog and a cat, and of course, in anticipation of the film's release, memecoins with their names have already appeared - Remus and Sasha.
Versions like "Elon Musk" (listed on #Polymarket) or "Steve Jobs" (not even listed on Polymarket) are not even worth considering seriously. These are visionaries and showmen. But Sassaman's personality is much more suitable for this role. We still expect it to be him.
