As a longtime Bitcoiner, I needed to roll my eyes once I noticed HBO launch a trailer for an upcoming documentary, teasing to disclose Satoshi’s identification. Hypothesis arose that it might reveal who’s Satoshi Nakamoto. After seeing many half-baked makes an attempt to “unmask” Satoshi through the years, I am sure this newest one will not present definitive proof both.
In the event you’ve been in Bitcoin lengthy sufficient, you understand the drill — somebody claims they know or are Satoshi, theories begin swirling, however no convincing proof ever materializes. Inevitably it ends with embarrassment for the accuser. We have been by this rodeo too many instances now.
With Bitcoin changing into a $1.2 trillion asset class, the attract of outing Satoshi is comprehensible. His stash alone is supposedly 1.1 million BTC, price over $65 billion presently.
The standard suspects like Adam Again, Hal Finney or Nick Szabo will probably be resurrected as prime candidates. And the accused will once more firmly deny the allegations. Our favourite Bitcoin historian, Pete Rizzo, already made $200 bets with Shinobi, Nikolaus, Frank, and I that Again finally ends up named and denies it.
But ideally, Satoshi ought to stay nameless as he clearly desired. Bitcoin succeeds on the deserves of its decentralized design, not based mostly on any single character. Unmasking Satoshi dangers undermining Bitcoin’s mystique and independence.
As Bitcoin grows into a world asset, the stakes round figuring out its creator rise exponentially. The richest particular person on earth makes for a lovely bounty. However true proof stays elusive.
These periodic media frenzies claiming to crack the case produce nice hype but all the time disappoint. They act as newbie sleuths following flawed hunches fairly than neutral investigations looking for reality.
So I counsel fellow Bitcoiners to take subsequent week’s “huge reveal” with an enormous grain of salt. It would probably be extra sensationalism than substance, repeating acquainted theories that fall in need of definitive proof.
The one one who can conclusively show they’re Satoshi is Satoshi himself. Till then, the thriller continues – because it ought to.
This text is a Take. Opinions expressed are solely the creator’s and don’t essentially replicate these of BTC Inc or Bitcoin Journal.
