Guesses About Bitcoin Creator’s Identity Stir Up Memecoin Market
- HBO documentary expected to reveal cryptocurrency’s inventor
- Dozens of memecoins related to cryptographer Sassaman created
Bitcoin was created by an anonymous person or group who used the pseudonym Satoshi Nakamoto and published the technical paper outlining the concept in late 2008.
Photographer: Akos Stiller/BloombergA new HBO documentary about the creation of Bitcoin has captivated the digital-asset community, with speculators creating dozens of memecoins in hopes of profiting off of the potential revelation of the identity of the original cryptocurrency’s inventor.
The tokens being created all contain some reference to a man named Len Sassaman, a cryptographer who passed away in 2011 and is considered by many to be the person who will be named as the true identity of pseudonymous Bitcoin creator Satoshi Nakamoto in HBO’s upcoming Money Electric: The Bitcoin Mystery. Blockchain-based betting platform Polymarket shows that Sassaman is the leading candidate, though the implied probability that he is Satoshi has dropped on the site to 21% from as high as 68% on Oct. 3.