The cryptocurrency community was eagerly waiting for HBO to air “Money Electric: The Bitcoin Mystery.” This documentary made headlines as it claimed to reveal the identity of Bitcoin’s pseudonymous creator, Satoshi Nakamoto. Soon after the show went live, Peter Todd, who was an early Bitcoin enthusiast and a core contributor was named as the creator of the world’s largest cryptocurrency.
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Several individuals who had been active in the Bitcoin market from the beginning were part of the 100-minute documentary. This included Todd, Roger Ver, Bitcoin marketer Samson Mow, and longtime Satoshi contender Adam Back.
Cullen Hoback, the creator of the film, came to the conclusion that Todd was the man behind BTC based on circumstantial evidence. This included posts from an early Bitcoiner forum. It should be noted that Todd was only 23 years old when the Bitcoin white paper was published. Speaking about the same, Hoback said,
“What if the real reason for using the name Satoshi […] was so that people could take Bitcoin seriously? So they could believe it was created by a real cryptographer and not some kid still in school?”
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Peter Todd Denies HBO’s Claims
The cryptocurrency community was once again left confused. Todd took to X and confirmed that he wasn’t Satoshi Nakamoto.
This wasn’t the first time that Todd was linked to Satoshi Nakamoto. Appearing in a 2019 episode of the What Bitcoin Did podcast, he told host Peter McCormack,
“I am Satoshi, as is everyone else.”
According to data found on the internet, Todd has held multiple roles over the years. GitHub revealed that he was an applied cryptography consultant. In addition, he has reportedly worked as a Bitcoin Core Developer at Coinkite since 2014. He has also held prominent roles in the cryptocurrency sector, such as head scientist of Mastercoin, a communications protocol and digital currency based on the BTC blockchain, since 2014.
Looking at Todd’s First BTC Purchase
Todd said on the 2019 episode that he bought Bitcoin for the first time in October 2010. This was around two years after the whitepaper was released on October 31, 2008, when the cryptocurrency was only valued at about 20 cents.
At press time, the king coin was trading at $62,319.68 following a weekly rise of 1.24%.
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