Are they getting more afraid of Satoshi Nakamoto being alive as Bitcoin rises higher

CoinWorld reports:
What people care about is not Satoshi Nakamoto, but…
By: Mu Mu
Recently,
HBO, the world-renowned premium TV network, announced that they will reveal the identity of Bitcoin’s founder, Satoshi Nakamoto, through their documentary
. Although the author believes that this is once again a meaningless marketing activity using “Satoshi Nakamoto” as a traffic password, the publicity of HBO’s documentary has sparked a major discussion in the crypto community and financial circles. One cannot help but admire their choice of such a special timing to touch the sensitive nerves of everyone…
Seeking Satoshi Nakamoto
This year,
the approval of the Bitcoin ETF
officially made it a mainstream asset, bringing Bitcoin into a wider public view. With global financial institutions showing increasing interest in this “alternative asset,” HBO, as an experienced TV program producer, found it not difficult to tap into the ironclad traffic password of “Satoshi Nakamoto.”
However, it is impossible to claim that a documentary alone can find the true identity or key clues of “Satoshi Nakamoto.” After all, for over a decade of Bitcoin’s popularity, not only have civilian organizations such as the crypto community and the media continued to search and investigate, but some official judicial and security departments of certain countries have also been relentless in their pursuit and investigation. As the top cryptographer, “Satoshi Nakamoto” has been extremely rigorous and has never revealed any flaws, appearing anonymously and then disappearing into thin air.
Given this, knowing that it cannot withstand scrutiny, why does HBO still claim to have found “Satoshi Nakamoto” and solved the puzzle? Naturally, the root is its profit model.
As a well-known producer of documentaries, HBO has released many popular documentaries, earning substantial revenue from subscription fees, advertising fees, publishing rights, and sales of visual products through these documentaries. In short, their goal is to tap into “traffic passwords” and monetize them.
So far, Peter Todd, Len Sassaman’s widow, Adam Back, and others, all subjects of speculation in HBO’s documentary related to “Satoshi Nakamoto,” have denied this identity. The most direct subject of suspicion, Peter Todd, vehemently refuted the arguments presented in HBO’s documentary on social media, quoting Craig Wright’s comments as “nonsense.” Todd said, “At this point, I think we should believe him. After all, Craig Wright is the world’s most famous non-Satoshi Nakamoto expert.”
While Peter Todd vehemently denies being Satoshi Nakamoto, Craig Wright, known as “Faketoshi,” who once vigorously claimed to be Satoshi Nakamoto himself, makes the event more interesting.
Who is Craig Wright?
Since 2015, Craig Wright of Australia has claimed to be Satoshi Nakamoto himself, later disbelieved and referred to as “Faketoshi.”
Subsequently, Craig Wright provided some relatively vague “evidence” to prove his claim, but it was inconclusive. In 2019, Craig Wright even applied for copyright registration of the Bitcoin white paper and code with the U.S. Copyright Office. Subsequently, he initiated some legal actions based on the obtained copyright registration certificate and other reasons. To this day, the Bitcoin community still highly doubts him, believing that he is constantly hyping and seeking influence for profit.
Craig Wright has always claimed to be the true creator of Bitcoin, hoping to restore Bitcoin’s original design and advocating ideas such as large blocks and high throughput. The well-known Bitcoin forks BCH and BSV communities closely related to him are not lacking in supporters. Especially in the BSV community, Craig Wright’s support has given him the ability to control BSV’s development, and his views and resources have played a crucial role in the BSV community. Of course, the identity of BSV community leaders is also considered to be favorable evidence of Craig Wright’s hype for profit.
Currently, BSV is declining, and Craig Wright’s “Satoshi Nakamoto” identity is basically excluded. This “identity” is eagerly sought by some, while others see it as an unresolved problem that cannot be shaken off.
Dorian Nakamoto
In 2014, a U.S. media outlet claimed to have found Satoshi Nakamoto, named Dorian Nakamoto, a 64-year-old Japanese-American man living in California. This Nakamoto’s image has been widely accepted by the public as Satoshi Nakamoto and remains unforgettable.
However, after three years of obscurity, the “Satoshi Nakamoto” account denied: “I am not Dorian” (some community members suspect that the message was not posted by him).
Nonetheless, many people, including some well-meaning media, flocked to seek the truth, causing great distress to Dorian Nakamoto and his family. In order to protect their privacy, they even hired legal advisors and requested the outside world to stop harassing them in a statement.
He finally pleaded: “I implore everyone to respect our privacy and let us return to peace.”
Many people do not care about who Satoshi Nakamoto is, but what they truly care about is the coins in his hands.
With a total limit of 21 million Bitcoins, Satoshi Nakamoto did not disclose the whereabouts of the 1.1 million Bitcoins he held when he retired, nor did he destroy them. This means that over 5% of the Bitcoins could be sold on the market at any time. This has always been an “uncertainty” risk that cannot be ignored by Bitcoin holders.
The reason why people are so desperate to find Satoshi Nakamoto and confirm his identity is not just simple curiosity, but the desire for certainty. Just like the classic line from a TV show, “seeing is believing,” as long as there is no certainty, the risk will always exist. In addition to investors, regulatory authorities also worry about the risk of market instability. As of the end of September, the holdings of Bitcoin spot ETFs in the U.S. stock market exceeded 900,000 Bitcoins, just a step away from the 1.1 million Bitcoins held by Satoshi Nakamoto. Some analysts have pointed out that by 2025, the holdings of Bitcoin spot ETFs may officially exceed the holdings of Satoshi Nakamoto, meaning that more than $60 billion in traditional financial funds will enter Bitcoin through this channel, and the future market value of Bitcoin will further increase, attracting more funds.
Both Wall Street and all investors “fear uncertainty.” Satoshi Nakamoto has become a major “uncertainty” factor for Bitcoin, and this concern has become more serious with the growing market value of Bitcoin and the daily trading volume in the billions of dollars. This led to the successful provocation of HBO’s documentary, which, of course, would have happened with “ABO” and “CBO” for various interests even without HBO.
Previously, some analyses stated that if Satoshi Nakamoto had not disappeared back then, based on the early path of Bitcoin, it is highly likely that Satoshi Nakamoto would have faced “prison disaster.” Even today, countless troubles can be foreseen, proving that Satoshi Nakamoto’s decision to disappear was the right one.
Today, the mystery of Satoshi Nakamoto’s identity remains elusive, and the answer may never be revealed. But perhaps the more elusive it is, the more many people “lose sleep.”
Conclusion
Regardless, Bitcoin has made a great contribution to human society. “We owe Satoshi Nakamoto a Nobel Prize in economics.” We pay tribute to this “one who has finished the work, discarded the cloth, and gone into hiding” Satoshi Nakamoto.