According to leaked particulars, the documentary will declare that Len Sassaman, a distinguished determine within the cypherpunk motion who handed away in 2011, might have been the particular person behind the pseudonym.
Sassaman’s demise, which was dominated a suicide, has led to widespread hypothesis.
Some consider he took his life to guard Bitcoin from being compromised. The concern stems from the concern that if Satoshi Nakamoto’s identification had been ever uncovered, it might pose a risk to Bitcoin and your complete cryptocurrency market. Regulatory our bodies just like the SEC have recommended that discovering Bitcoin’s creator might doubtlessly result in the forex being categorised as a safety, which might disrupt its decentralized nature. Coinbase even listed this situation as a serious danger issue when it went public in 2021.
The documentary has gained consideration as a result of notable figures within the Bitcoin neighborhood, reminiscent of Adam Back, are taking part in it. These people are usually reluctant to have interaction in public media, which has sparked curiosity. Their involvement means that the findings of the documentary usually are not seen as a risk to Bitcoin’s future stability.
Whether the declare that Sassaman was Satoshi is true or not, the potential decision of this thriller might have important results available on the market.
Large buyers who’ve been cautious of the uncertainties surrounding Bitcoin’s origins might really feel extra assured. Even if the idea isn’t absolutely substantiated, the documentary might nonetheless have a bullish impact on Bitcoin, just by addressing one of many market’s oldest questions.