As anticipation builds round HBO’s upcoming documentary, Money Electric: The Bitcoin Mystery, persistent rumors concerning the true id of the Bitcoin’s creator, Satoshi Nakamoto. Directed by Cullen Hoback, recognized for his investigative work on Q: Into the Storm, the documentary that’s scheduled to be launched on October 8, 2024, has just lately gained a lot consideration and has stimulated the prediction markets.
Polymarket, a betting platform, has Len Sassaman because the most definitely candidate for Satoshi Nakamoto, with 51% of individuals believing that the movie will reveal him as such.
Len Sassaman Leads in Satoshi Nakamoto Identity
Len Sassaman, a cryptographer, and privateness activist has change into the frontrunner within the Polymarket’s ongoing prediction market regarding the identity of Satoshi Nakamoto. Sassaman was an activist of the cypherpunk motion, actively participated within the improvement of cryptographic instruments and packages striving for the safety of privateness.
His affiliation with the ideologies of Bitcoin and his background in cryptography has led to speculations about his doable involvement within the improvement of the forex.
HBO’s new documentary claims it’s going to establish the creator of Bitcoin.
Len Sassaman is the favourite. pic.twitter.com/O729awTPyH
— Polymarket (@Polymarket) October 4, 2024
Sassaman died in 2011 a couple of years after Nakamoto ceased publishing data to the general public about Bitcoin. This time has solely fueled the rumors that Sassaman may be the one who’s behind the creation. As of this writing on Polymarket, 51% of customers assume that the documentary will result in Sassaman, making him the favourite amongst the others.
Will Hal Finney Outdo Len Sassaman?
While Len Sassaman takes the lead within the predictions, different standard figures are additionally contenders, reminiscent of Hal Finney, an early Bitcoin person and the recipient of the primary ever Bitcoin transaction from Satoshi Nakamoto.
Finney, who died in 2014, has been related to the Nakamoto pseudonym for a very long time, given his energetic participation within the early days of Bitcoin and his background in cryptography. As of penning this, the possibilities set by the Polymarket bettors stand at 15%.
In addition to Len Sassaman and Finney, there are some who imagine that Nakamoto is a bunch, not an individual. Nearly 38% of bets are on the truth that the documentary will both identify multiple individual or won’t identify anybody in any respect, hinting on the chance that the true perpetrator might be a bunch.
Documentary Sparks Debate in Crypto Community
The upcoming documentary has obtained blended critiques from the customers within the cryptocurrency house. Some of the important thing personalities have continued to doubt the capability of the investigation to uncover Nakamoto’s id. Another Bitcoin supporter, Max Keiser, denied the concept and known as the documentary a group of “Bitcoin nonsense.”
Likewise, Peter McCormack, a bunch of a crypto podcast, was not thrilled by the concept of monitoring down Bitcoin creator and identified that Bitcoin’s creator determined to stay nameless intentionally and for good motive.
A couple of of them, nevertheless, take the documentary as an opportunity to advertise Bitcoin to most of the people. Samson Mow, CEO of JAN3 and an early Bitcoin supporter, thanked for the movie’s launch as it will current the historical past of Bitcoin to tens of millions of HBO subscribers, even when the id claims made within the documentary are false.
Polymarket Predicts No Definite Answer by End of 2024
Although the documentary raised a lot pleasure, the vast majority of the bettors on Polymarket imagine that Nakamoto’s identity won’t be revealed this yr. Another contract on the platform predicts a chance of 83% that the thriller will likely be left unsolved by the tip of the yr 2024.
Source: Polymarket
This signifies that regardless that the documentary would possibly create extra theories and debates, these within the crypto house imagine that the topic of Satoshi’s id will at all times be a subject of curiosity than information.
The query of who Bitcoin creator Satoshi Nakamoto is has remained unanswered for the reason that publication of the Bitcoin whitepaper in 2008. To this present day, there may be nonetheless no clear reply, and this newest documentary from HBO has as soon as once more introduced new life to one of many oldest debates within the crypto house.
Kelvin Munene Murithi
Kelvin is a distinguished author with experience in crypto and finance, holding a Bachelor’s diploma in Actuarial Science. Known for his incisive evaluation and insightful content material, he possesses a robust command of English and excels in conducting thorough analysis and delivering well timed cryptocurrency market updates.
Disclaimer: The offered content material might embrace the non-public opinion of the writer and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The writer or the publication doesn’t maintain any duty for your private monetary loss.
