Odds for Len Sassaman being the true Satoshi Nakamoto have dropped under 30% on Polymarket.
However, this occurred in the previous couple of hours on Saturday. Before, the percentages have been overwhelming that Sassaman could be the most definitely candidate to be unmasked because the entity behind the Bitcoin pseudonym Satoshi Nakamoto, with 55% of the bets. Why did the proportion abruptly drop?
Doubts Cast on Len Sassaman as Bitcoin Creator
It appears that not all individuals within the crypto neighborhood are satisfied Len Sassaman is the true Satoshi. One of the largest skeptics is his widow, whose statements lately went public once more three years later.
Sassaman’s spouse has publicly dismissed the notion that her late husband could possibly be Satoshi Nakamoto. She has expressed skepticism regardless of his deep involvement in cryptography and privateness applied sciences. The widow additionally said that Sassaman wasn’t behind Bitcoin’s invention.
Mrs. Meredith Patterson, due to this fact, responded to revealed claims suggesting he could possibly be the true Satoshi Nakamoto.
She mentioned:
“It’s a very well-researched and respectful article, but to the best of my knowledge, Len was not Satoshi.”
She acknowledged the piece’s worth, notably its exploration of historical past and conclusions about psychological well being. Still, she firmly believed that her late husband was not behind Bitcoin’s creation.
This contrasts with the rising hypothesis round his potential function, particularly along with his loss of life coinciding with Satoshi’s disappearance. However, these closest to him appear unconvinced of any direct connection.
It appears these tweets impressed the Founder and CEO of Alphracta, Joao Wedson, who researched a few of Sassaman’s previous tweets. In these tweets, Sassaman claims he didn’t analyze Bitcoin and that it’s overhyped. After Wedson’s tweet was revealed, the percentages on Polymarket shortly went south.
Len Sassaman will not be Satoshi Nakamoto. Don’t take this hype too significantly! Meanwhile, Solana builders are creating shitcoins and laundering cash.
😵💫 pic.twitter.com/4I0wgjdcru— Joao Wedson (@joao_wedson) October 5, 2024
$2.4M Bet on Satoshi’s Identity in HBO Documentary
The polymarket pool has reached over $$2,397,809 as of Oct.5 and relies upon the upcoming documentary Money Electric: The Bitcoin Mystery, which is ready to premiere subsequent week.
The movie, directed by Cullen Hoback, has sparked rumors that Nakamoto’s id could also be revealed, a rumor neither HBO nor the director himself has denied. Teasers, promotional supplies, and studies final week advised there could also be some huge reveal. At first, Polymarket had Len Sassaman because the most likely candidate for Satoshi Nakamoto, with 51% of individuals believing the documentary would present that.
Len Sassaman was a cryptographer who considerably contributed to PGP encryption, remailer know-how, and cryptography. He labored alongside figures like David Chaum and Hal Finney, whose analysis helped form Bitcoin’s creation.
Len Sassaman’s deep ties to the Cypherpunk motion and his advocacy for privateness applied sciences intently align with Bitcoin’s ethos. Notably, the Bitcoin blockchain accommodates a tribute to Sassaman, additional linking him to the cryptocurrency’s origins.
His premature loss of life in 2011 coincided with Satoshi Nakamoto’s sudden disappearance, sparking connection theories.
After Years of False Leads, Will HBO Unmask Satoshi?
If HBO really has the investigative clout to disclose Satoshi Nakamoto’s true id, that may lastly clear up a thriller hanging over Bitcoin since its inception. Previous efforts by journalists to unmask Satoshi have failed.
Goodacre is presently an investigative reporter for Newsweek. In 2014, she wrote a narrative known as “The Face Behind Bitcoin,” naming Dorian Satoshi Nakamoto, a Japanese-American man dwelling in California, because the founding father of Bitcoin. Dorian Nakamoto denied involvement with Bitcoin, saying he had by no means even heard of the forex. It was quickly found that the story was false.
The following 12 months, tech publication WIRED ran an article – which has since undergone vital revision – suggesting that Australian laptop scientist Craig Wright could also be Bitcoin’s creator. Wright shortly leveraged the media consideration, giving interviews to retailers just like the BBC, The Economist, and GQ, during which he additionally made claims to be Satoshi Nakamoto. Within weeks, nevertheless, his story began to crumble.
It was quickly found that Wright, a shady entrepreneur, made the entire story up. Many speculated that this had one thing to do along with his present authorized issues with the Australian Tax Office and an try and earn money by copyrighting Bitcoin’s white paper and elevating his profile.
The most recurrently named candidates to be Satoshi Nakamoto embrace well-known personas, particularly: the deceased laptop programmer Hal Finney, who lived a number of blocks away from Dorian Satoshi Nakamoto and died in 2014; Nick Szabo, one of many inventors of Bit Gold; Adam Back, inventor of Hash Cash; and Wei Dai, inventor of b-money.
All of the above have denied being the phantom Bitcoin creator. Less standard theories say that it was a former programmer and cartel chief, Paul Le Roux, who’s presently in jail, and even the CIA. Yet others mentioned it wasn’t a person in any respect however a bunch of builders underneath the pseudonym Satoshi. It’s as much as see whether it is Len Sassaman or another persona or group HBO finds legit Satoshi.
Teuta
Teuta is a seasoned author and editor with over 15 years of expertise in macroeconomics, know-how, and the cryptocurrency and blockchain industries. Starting her profession in 2005 as a life-style author for Cosmopolitan in Croatia, she expanded into overlaying enterprise and financial system for a number of esteemed publications like Forbes and Bloomberg. Influenced by figures like Don Tapscott and Bruce Dickinson, Teuta embraced the blockchain revolution, believing crypto to be one in every of humanity’s most vital innovations. Her fintech involvement started in 2014, specializing in crypto, blockchain, NFTs, and Web3. Known for her wonderful teamwork and communication expertise, Teuta holds a double MA in Political Science and Law, enjoys punk rock, chablis, and has a ardour for footwear.
Disclaimer: The introduced content material might embrace the non-public opinion of the creator and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The creator or the publication doesn’t maintain any accountability on your private monetary loss.
