Who Is Satoshi Nakamoto? Nick Szabo, Len Sassaman or... ?
With Satoshi owning $67 billion in Bitcoin, the revelation of who he is could significantly impact the crypto market
October 8, 2024 05:34 PM
Reading time: 1 minute, 47 seconds
TL;DR The crypto community is in a frenzy over the Bitcoin creator's identity, Satoshi Nakamoto. Polymarket gamblers are placing their bets, with Nick Szabo leading the pack. Len Sassaman's odds plummet after his widow's revelation. Finding out who Satoshi is could significantly impact the crypto market.
A Mystery Unveiled
The identity of Satoshi Nakamoto, the enigmatic creator of Bitcoin, has long been a source of intense speculation.
As the release of the HBO documentary Money Electric: The Bitcoin Mystery approaches, the crypto community is abuzz with anticipation. This film promises to illuminate one of the most intriguing riddles in the world of finance.
Polymarket's Heated Predictions
Polymarket, a crypto-driven prediction platform, has seen a surge in activity as users place bets on who might be revealed as Satoshi.
Until recently, Len Sassaman, an American computer scientist who passed away in 2011, held a significant lead in the betting pool with a 40% chance of being identified as Nakamoto.
However, this changed following a statement from Sassaman's widow, Meredith Patterson, who unequivocally denied his involvement.
"I kind of wonder whether I'm screwing with the prediction markets by answering honestly when people ask me questions, but long story short, fuck 'em," Patterson candidly told DL News. This statement sent shockwaves through the crypto world.
The Rise of Nick Szabo
With doubts cast on Sassaman, attention has shifted to Nick Szabo, a renowned computer scientist and cryptographer. Szabo now leads the Polymarket pool with a 13.3% chance of being named Satoshi.
This shift in odds highlights the volatile nature of speculative markets, especially concerning something as elusive as Satoshi's true identity.
The Stakes are High
The potential revelation of Satoshi's identity carries significant implications. With control over $67 billion worth of Bitcoin, Satoshi's emergence could shake the crypto market.
Companies like Coinbase have even acknowledged this in their filings, recognizing the identification of Nakamoto as a potential risk factor to their operations.
A Legacy of Speculation
Alongside Szabo and Sassaman, other figures such as Adam Back and the late Hal Finney have been the subject of speculation.
David Kleiman, an American computer forensics expert who died in 2013, is also in the mix, holding a 4.1% chance in the Polymarket pool.
As the documentary's release looms, the crypto community waits with bated breath, eager to see if this enduring mystery will finally be solved.
"With Satoshi controlling $67 billion worth of Bitcoin, the revelation could significantly impact the crypto market."
