HBO is set to reveal the real Satoshi Nakamoto in the next 24 hours.
Everyone’s focused on his true identity, but that’s not the real issue.
HBO is owned by the same people who control the price of $BTC.
Here’s how they plan to manipulate the market today
The elusive Satoshi Nakamoto, the mastermind behind Bitcoin, remains a cipher in the annals of cryptocurrency history.
A highly anticipated HBO documentary, set to premiere on Tuesday, October 8th, aims to shed light on this enigmatic figure, potentially unraveling the mystery that has captivated the crypto community for years.
Many believe that Len Sassaman will be named as the person behind the Satoshi Nakamoto alias, supported by several facts ⤵️
➢ Len was a developer of remailer technology, a precursor to Bitcoin
➢ He collaborated closely with Hal Finney, the first recipient of Bitcoin
➢ A memorial for him is encoded in the Bitcoin blockchain
HBO, the studio behind the upcoming Satoshi Nakamoto documentary, is part of Warner Bros. Discovery, a major conglomerate whose stock, $WBD, is traded publicly.
Interestingly, BlackRock, Vanguard, and Fidelity, key players in the Bitcoin ETF market, also hold substantial stakes in Warner Bros. Discovery. This raises questions about potential conflicts of interest and the potential influence of these financial giants on the documentary's content.
Today, the true Satoshi Nakamoto holds ~$60 Billion worth of $BTC.
After the documentary's release, they may try to pump the market by suggesting that Satoshi passed away long ago, implying no one can access his holdings, effectively removing over 5% of the $BTC supply.
perfectly with other key events:
➢ U.S. Federal Reserve interest rate cuts
➢ The upcoming U.S. election
➢ The confirmed $16 billion payout from FTX
➢ Possible changes in China's crypto regulations
Unveiling the identity of Satoshi Nakamoto could have far-reaching implications for Bitcoin, extending beyond mere price fluctuations.
I anticipate HBO will adopt one of two bullish strategies:
* A Measured Approach: Presenting multiple potential candidates without naming a definitive individual.
* A Bold Bet: Revealing the exact person behind the alias and announcing their untimely demise.

Today is Oct. 8, which means that the long-awaited documentary "Money Electric: The Bitcoin Mystery" from HBO should soon be hitting viewers' screens. Despite the fact that few people knew anything about this film a week ago, the ambitious statements of the film's creators that the identity of Bitcoin creator Satoshi Nakamoto would finally be revealed have greatly fueled expectations. 

Over the past few days, the attention and mental efforts of most crypto market participants have been focused on determining who will be nominated for the role of Satoshi in the movie, while creating meme coins and betting on the outcome on the Polymarket. 

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However, despite all the speculation and discussion, which is largely absurd and frivolous in nature, revealing who created Bitcoin may actually have a greater impact on the market. 

"Patoshi wallets" are Bitcoin wallets linked to early mining by Satoshi Nakamoto, based on a unique mining pattern. This pattern suggests Satoshi mined around 1 million BTC, none of which have been spent. The distinct pattern points to Satoshi’s use of optimized hardware.Live…

— Ki Young Ju (@ki_young_ju) October 8, 2024

After all, according to an old story circulating among crypto market participants, Satoshi Nakamoto's wallets may hold more than one million BTC, which is 4.76% of the total possible supply of the main cryptocurrency and is currently valued at more than $62.3 billion. 

$62 billion burn

If HBO has proven who Satoshi Nakamoto is, and that person is no longer alive, and there are such individuals among the top contenders, it could literally mean burning at least one million BTC on live TV. Those coins simply will not be available to anyone. 

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No doubt this will have a resounding effect on Bitcoin itself and the entire crypto market. In many ways, however, expectations for solving the mystery of Satoshi Nakamoto are now rather low.

Former Bitcoin Core Developer Mistakenly Identified as Satoshi Nakamoto in HBO Documentary Trailer In the lead-up to HBO's highly anticipated documentary, "Money, Explained," which aims to reveal the identity of Bitcoin's enigmatic creator, Satoshi Nakamoto, a recently released trailer has sparked confusion. The trailer seemingly identifies former Bitcoin Core developer Peter Todd as Satoshi Nakamoto. However, Todd has swiftly dismissed these claims as "ridiculous" and "utter nonsense." Despite Todd's denial, media outlets have cautioned that the trailer only showcases a fraction of the documentary and may not accurately reflect its final conclusions. HBO's "Money, Explained" is scheduled to premiere on August 8th at 9 PM ET on HBO. While the true identity of Satoshi Nakamoto remains shrouded in mystery, the documentary promises to shed light on the revolutionary impact of Bitcoin and its underlying technology, blockchain.

According to Odaily, Su Zhu recently posted on X, stating, 'If you believe HBO truly has conclusive evidence on who Satoshi Nakamoto is, then you still hold mainstream media and entertainment in too high regard and are thus influenced by them.'

An upcoming HBO documentary claims it has solved the mystery of Satoshi Nakamoto, the creator of bitcoin. But does it really matter?

For years, journalists, bloggers, and filmmakers have tried to uncover Satoshi's identity, with the latest attempt coming from HBO’s Money Electric: The Bitcoin Mystery (scheduled to air 9 p.m. ET October 8). So far, none have succeeded. Yet the adoption of bitcoin around the world has continued unabated. Bitcoin was always meant to be bigger than one person. The fact that its creator had gone to great lengths to hide his or her identity was always meant to reinforce its decentralized ethos.

Bitcoin's enigmatic origin is a fundamental part of its allure and value. The idea that an anonymous developer could create a revolutionary form of money that no one controls is a narrative that resonates deeply for a generation shaped by financial crises, widespread mistrust in governments, and the desire for greater economic autonomy over the last 20 years.

Money is a major factor in the constant speculation around Satoshi Nakamoto's identity. Satoshi is estimated to have as much as 1 million bitcoin, currently valued at about $63 billion. Any sign that those coins are getting cashed out would undoubtedly spook investors, sending bitcoin’s price tumbling.

But Satoshi Nakamoto has purposely remained anonymous since the very beginning. His intent all along was to address the fact that “the root problem with conventional currency is all the trust that’s required to make it work,” according to his seminal white paper. By remaining anonymous, Satoshi removed any personal bias or centralized control from the equation, ensuring bitcoin could organically grow as a community. At this point, only cryptographic proof will ever be able to prove Satoshi's identity.

Satoshi shared little about himself, but here’s what we know. We know he wrote the Bitcoin whitepaper and distributed it to the Cryptography Mailing List on October 31, 2008. We know he uploaded early source code to SourceForge. We know he registered bitcoin.org. We know he mined the first block (“Genesis Block”). We know he posted as “satoshi” on the BitcoinTalk forum. And we know that in 2011, Satoshi said in his last known communication that he had moved on to other things, handing the future of bitcoin to the world.

Researchers estimate Satoshi owns between 800,000 and 1 million bitcoin, but Satoshi’s desire for anonymity makes it difficult to know for certain. Those coins are spread across thousands of wallets, and there are only a handful of transactions and blocks that we’re certain were sent or mined by Satoshi. Sergio Lerner’s famous Patoshi Pattern is widely seen as the best theory uncovering which coins were mined by Satoshi himself.

To definitively prove his identity, Satoshi needs to sign a message with keys known to be his, or move coins on-chain that are known to belong to him. Anything less will never suffice. That won’t happen Tuesday night. This documentary won’t solve the riddle. And it shouldn’t! Satoshi’s anonymity is among the most important features of Bitcoin’s origin and a key differentiator between bitcoin and other cryptocurrencies.

More importantly, those intent on unmasking Satoshi should consider the destructive consequences of doxing. The lives of those wrongly unveiled have been wrecked — whether it was Dorian Nakamoto, who endured a media storm, or Hal Finney’s family, who suffered the aftermath of reckless speculation.

If anyone truly respects Satoshi’s legacy, they’d protect what he valued most: Anonymity.

Note: The views expressed in this column are those of the author and do not necessarily reflect those of CoinDesk, Inc. or its owners and affiliates.

The HMSTR community, once a thriving hub for crypto enthusiasts, is now facing an unprecedented wave of unfollows and unsubscribes, raising concerns about the project’s future. Allegations of unethical behavior, possibly linked to a scam, have severely damaged the reputation of the HMSTR project, leaving many investors disillusioned.

As the reports of potential misconduct spread, a growing number of community members have distanced themselves from HMSTR by unfollowing its social media accounts on platforms like Twitter and Instagram. Investors, feeling deceived, are turning their backs on what was once considered a promising cryptocurrency venture. The sharp drop in followers has significantly hurt the project’s visibility and shaken the trust that once underpinned its growth.

Despite calls for clarification and accountability, HMSTR has remained largely silent on the issue, leaving the community in limbo. With confidence at an all-time low, it remains unclear whether the project can regain the trust it has lost or if it will be another cautionary tale in the volatile world of crypto investments.

#BinanceLaunchpoolSCR #PeterToddHBOSatoshi Nakamoto? #USDConSui #Write2Earn! #moonbix

According to PANews, an HBO documentary titled 'The Mystery of Bitcoin' has suggested that the late American cryptographer Len Sassaman might be the creator of Bitcoin, known as Satoshi Nakamoto. However, Sassaman's widow, Meredith L. Patterson, has denied these claims. Patterson stated, 'Len Sassaman is not Satoshi Nakamoto. Len Sassaman passed away in 2011. HBO never contacted me during the making of the documentary, which is the strangest thing for me.'

According to Odaily, the Bitcoin Layer 2 network Stacks announced on X that the upcoming Nakamoto Release will leverage Bitcoin's CPU capabilities to settle Stacks transactions with 100% Bitcoin finality. The Nakamoto RC2 testnet has already been deployed and will soon go live on the mainnet.

According to BlockBeats, on October 9, CryptoQuant CEO Ki Young Ju shared on his social media platform that the Patoshi wallet has maintained a balance of approximately 1 million Bitcoins since 2010. Not a single Bitcoin from this wallet has been spent. This unique pattern suggests that Satoshi Nakamoto used optimized hardware for mining.

The 'Patoshi wallet' is associated with early Bitcoin mining activities by Satoshi Nakamoto and is based on a distinctive mining pattern.

According to BlockBeats, on October 8, Meredith L Patterson, the widow of Len Sassaman, denied speculation that her late husband was Satoshi Nakamoto during an interview with DL News. Patterson addressed the ongoing discussions and inquiries she has received about the matter, noting that while the speculation persists, it is not as intense as it once was.

According to CoinDesk: The mystery surrounding Satoshi Nakamoto, the elusive creator of Bitcoin, has led to shifting odds on Polymarket as rumours swirl ahead of an upcoming HBO documentary. Over the weekend, bettors favored the late cryptographer Len Sassaman as a prime candidate to be Nakamoto. However, new information caused a major shake-up, with Sassaman’s odds plunging from 55% to 14% after his widow, Meredith L. Patterson, firmly denied the claim and revealed that the documentary makers had not contacted her.As a result, bettors now believe that "Other/Multiple" candidates will be revealed in the documentary, holding a strong 56% lead in the odds. Sassaman remains at 13%, with Adam Back, CEO of Blockstream and an early Bitcoin developer, trailing at 11%. Back, who was suggested by Samson Mow, has denied being Nakamoto, tweeting that he doesn't know Satoshi's true identity.Despite no concrete leaks, speculation has driven millions of dollars in bets across various candidates on Polymarket, with over $13 million wagered in the last 24 hours. The documentary will air at 02:00 UTC on Wednesday (9 p.m. Tuesday ET), and viewers are eager to see if any definitive revelations about Bitcoin’s creator will finally emerge. 

Nick Szabo to represent Bitcoin’s founder, Satoshi Nakamoto, in an upcoming HBO documentary.

The American computer scientist is leading with 27.9%, followed by Len Sassaman at 14.0%.

Szabo’s network Bit Gold never launched, but it was considered a forerunner to Bitcoin. 

Nick Szabo will be named as the founder of Bitcoin in an upcoming documentary on HBO. The American computer scientist will play the role of the presumed pseudonymous Satoshi Nakamoto in the show. Szabo, whose crypto network Bit Gold, failed to launch, has topped the Polymarket by 27.9%.

The producer of the documentary, Cullen Hoback, stated in an X post that the documentary would land on a single name, implying that Bitcoin was launched by a single person. This update shifted from previous considerations, which included Len Sassaman (14.0%), Adam Back (4.3%), and Hal Finney (2.7%). Reportedly,  Sassaman, a cryptographer, died in 2011. Adam Back, who was referred to in Bitcoin’s whitepaper, and members like Elon Musk and Paul Le Roux are considered to have fewer chances. 

For all you gamblers out there: I’m not entering this betting pool on #MoneyElectric: The Bitcoin Mystery, but I will confirm—we land on a specific name.https://t.co/DYq5BItlPC

— Cullen (@CullenHoback) October 4, 2024

Szabo has been a major player in the crypto community, especially for his contributions to digital currencies and smart contracts. His brainchild, Bit Gold, introduced many concepts to the market. Some of the ideas include a peer-to-peer network, proof-of-work mining, and crypto concepts that later became crucial for Bitcoin.

Szabo has never claimed to be the creator of Bitcoin. However, considering his deep insights into the cryptocurrency market and his blockchain history, he was considered an ideal candidate. The intrigue around his identity is bolstered by the fact that Satoshi Nakamoto’s true identity has remained elusive for years despite Bitcoin’s enormous impact on global finance.

The upcoming documentary Money Electric: The Bitcoin Mystery is anticipated to reignite the debate and shed light on one of the greatest mysteries in the tech world. The film is set to explore various theories about Nakamoto’s identity. However, it remains uncertain whether Szabo or anyone else will definitively be identified as Nakamoto.

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