HBO documentary allegedly reveals Bitcoin creator’s identity --[Reported by Umva mag]

Upcoming HBO documentary “Money Electric: The Bitcoin Mystery” allegedly reveals the identity of Bitcoin’s (BTC) pseudonymous creator Satoshi Nakamoto. The… Continue reading HBO documentary allegedly reveals Bitcoin creator’s identity The post HBO documentary allegedly reveals Bitcoin creator’s identity appeared first on ReadWrite.

Oct 7, 2024 - 20:46
HBO documentary allegedly reveals Bitcoin creator’s identity --[Reported by Umva mag]
A mysterious shadowy figure behind a glowing Bitcoin logo, with lines of code in the background

Upcoming HBO documentary “Money Electric: The Bitcoin Mystery” allegedly reveals the identity of Bitcoin’s (BTC) pseudonymous creator Satoshi Nakamoto.

The upcoming HBO documentary is centered around the origins of Bitcoin and who its creator Satoshi Nakamoto is, with many anticipating a breakthrough in the look for his real identity. Decentralized crypto-powered prediction market Polymarket hosts a pool for who the documentary will identify as Satoshi Nakamoto.

The top candidate

With a volume of nearly $6.3 million, 25% of the participants bet on Len Sassaman. Sassaman was an American information privacy advocate, programmer and cryptographer.

Sassaman was also a member of the Internet Engineering Task Force responsible for the TCP/IP — the very foundation of the internet that you are using to read this article. He also worked on multiple encryption and privacy software and research projects.

Sassaman was unfortunately also troubled, having been diagnosed with depression when he was a teen. He ended up taking his life in the summer of 2011, and a memorial dedicated to him was then permanently included on the Bitcoin blockchain during the 2011 Black Hat Briefings conference.

The runner-ups are cryptographers Adam Back with 12.5%, Nick Szabo with 17.8 and Hal Finney with under 5%. The market also includes more than 10  other options with the one with the most votes being “other/multiple” with 40.5%.

Market reaction

Market participants started speculating on the upcoming documentary attracting significant attention to a Satoshi Nakamoto candidate by creating related memecoins. Memecoins themed after Sassaman have now invaded the Solana (SOL), Ethereum (ETH) and Bitcoin blockchains.

Len Sassaman (LEN) is trading on Solana decentralized exchanges at under $0.012 as of press time, according to CoinMarketCap data. The token has a market cap of under $473,000 and appreciated by over 35% over the last 24 hours.

Other speculators featured looked to Sassaman’s cat Sasha in search for inspiration. CoinMarketCap data shows that Sasha Cat (SASHA) is trading at over $0.01 after appreciating by over 154% over the last 24 hours — with a market cap of $1.31 million.

The post HBO documentary allegedly reveals Bitcoin creator’s identity appeared first on ReadWrite.




The following news has been carefully analyzed, curated, and compiled by Umva Mag from a diverse range of people, sources, and reputable platforms. Our editorial team strives to ensure the accuracy and reliability of the information we provide. By combining insights from multiple perspectives, we aim to offer a well-rounded and comprehensive understanding of the events and stories that shape our world. Umva Mag values transparency, accountability, and journalistic integrity, ensuring that each piece of content is delivered with the utmost professionalism.