Key Points
- Billy Markus, co-founder of Dogecoin, suggests Hal Finney as a potential creator of Bitcoin.
- Polymarket data indicates that the true identity of Satoshi Nakamoto is unlikely to be proven in Q4.
The recent HBO documentary “Money Electric: The Bitcoin Mystery” has sparked renewed interest in the identity of Bitcoin’s creator, Satoshi Nakamoto.
The film suggested that Bitcoin [BTC] core developer, Peter Todd, might be Nakamoto, a claim that Todd has firmly denied.
Dogecoin Founder’s Theory
In the midst of this debate, Billy Markus, co-founder of Dogecoin [DOGE], shared his views on Nakamoto’s identity.
Markus dismissed the notion that Peter Todd is the creator of BTC, stating that Todd is one of the original core developers, but not the creator.
When asked about his theory on Nakamoto’s identity, Markus suggested “Hal Finney and friends.”
Billy Markus, also known online as Shibetoshi Nakamoto, is a prominent figure in the cryptocurrency world.
He co-founded DOGE in 2013 with Jackson Palmer, using BTC’s codebase to create the popular meme coin.
Why Hal Finney?
Markus’s suggestion of Hal Finney as a potential creator of Bitcoin may be due to Finney’s remarkable reputation in cryptography and his early involvement with BTC.
Finney, a respected computer scientist, was one of the first users of Bitcoin and received the first transaction of 10 BTCs from Nakamoto.
His work on Reusable Proofs of Work (RPOW) and his involvement in the cypherpunk community lend credibility to this theory.
However, Finney’s clear denials and openness about his involvement, including sharing email exchanges and wallet details, raise doubts.
Furthermore, Finney’s diagnosis with ALS (amyotrophic lateral sclerosis) in 2009 would have made it challenging for him to keep up with Bitcoin’s demanding development.
Despite speculation about the identity of Bitcoin’s creator, Polymarket data suggests that the mystery will likely remain unsolved this quarter.
Meanwhile, BTC’s price is trending downward, with a 1.51% dip in the last 24 hours according to CoinMarketCap.
