Why Is Len Sassaman Polymarket Odds Dropping Ahead HBO Satoshi Nakamoto Reveal?

HOdds for Len Sassaman being the true Satoshi Nakamoto have dropped under 30% on Polymarket.

Nevertheless, this occurred in the previous few hours on Saturday. Earlier than, the percentages had been overwhelming that Sassaman could be the most probably candidate to be unmasked because the entity behind the Bitcoin pseudonym Satoshi Nakamoto, with 55% of the bets. Why did the proportion all of the sudden drop?

Doubts Solid on Len Sassaman as Bitcoin Creator

Plainly not all individuals within the crypto neighborhood are satisfied Len Sassaman is the true Satoshi. One of many largest skeptics is his widow, whose statements just lately went public once more three years later.

Sassaman’s spouse has publicly dismissed the notion that her late husband may very well be Satoshi Nakamoto. She has expressed skepticism regardless of his deep involvement in cryptography and privateness applied sciences. The widow additionally acknowledged that Sassaman wasn’t behind Bitcoin’s invention.

Mrs. Meredith Patterson, due to this fact, responded to revealed claims suggesting he may very well be the true Satoshi Nakamoto.

She stated:

“It’s a really well-researched and respectful article, however to the perfect of my information, Len was not Satoshi.”

She acknowledged the piece’s worth, significantly its exploration of historical past and conclusions about psychological well being. Nonetheless, she firmly believed that her late husband was not behind Bitcoin’s creation.

This contrasts with the rising hypothesis round his potential position, particularly together with his loss of life coinciding with Satoshi’s disappearance. Nevertheless, these closest to him appear unconvinced of any direct connection.

It appears these tweets impressed the Founder and CEO of Alphracta, Joao Wedson, who researched a few of Sassaman’s previous tweets. In these tweets, Sassaman claims he didn’t analyze Bitcoin and that it’s overhyped. After Wedson’s tweet was revealed, the percentages on Polymarket shortly went south.

Len Sassaman isn’t Satoshi Nakamoto. Do not take this hype too critically! In the meantime, Solana builders are creating shitcoins and laundering cash.
😵‍💫 pic.twitter.com/4I0wgjdcru

— Joao Wedson (@joao_wedson) October 5, 2024

$2.4M Guess on Satoshi’s Id in HBO Documentary

The polymarket pool has reached over $$2,397,809 as of Oct.5 and is predicated upon the upcoming documentary Cash Electrical: The Bitcoin Thriller, which is ready to premiere subsequent week.

The movie, directed by Cullen Hoback, has sparked rumors that Nakamoto’s id could also be revealed, a rumor neither HBO nor the director himself has denied. Teasers, promotional supplies, and studies final week prompt there could also be some huge reveal. At first, Polymarket had Len Sassaman because the most likely candidate for Satoshi Nakamoto, with 51% of individuals believing the documentary would present that.

Len Sassaman was a cryptographer who considerably contributed to PGP encryption, remailer know-how, and cryptography. He labored alongside figures like David Chaum and Hal Finney, whose analysis helped form Bitcoin’s creation.

Len Sassaman’s deep ties to the Cypherpunk motion and his advocacy for privateness applied sciences carefully align with Bitcoin’s ethos. Notably, the Bitcoin blockchain incorporates a tribute to Sassaman, additional linking him to the cryptocurrency’s origins.

His premature loss of life in 2011 coincided with Satoshi Nakamoto’s sudden disappearance, sparking connection theories.

After Years of False Leads, Will HBO Unmask Satoshi?

If HBO truly has the investigative clout to disclose Satoshi Nakamoto’s true id, that can lastly remedy a thriller hanging over Bitcoin since its inception. Previous efforts by journalists to unmask Satoshi have failed.

Goodacre is at the moment an investigative reporter for Newsweek. In 2014, she wrote a narrative known as “The Face Behind Bitcoin,” naming Dorian Satoshi Nakamoto, a Japanese-American man dwelling in California, because the founding father of Bitcoin. Dorian Nakamoto denied involvement with Bitcoin, saying he had by no means even heard of the foreign money. It was quickly found that the story was false.

The next 12 months, tech publication WIRED ran an article – which has since undergone important revision – suggesting that Australian laptop scientist Craig Wright could also be Bitcoin’s creator. Wright shortly leveraged the media consideration, giving interviews to shops just like the BBC, The Economist, and GQ, through which he additionally made claims to be Satoshi Nakamoto. Inside weeks, nevertheless, his story began to collapse.

It was quickly found that Wright, a shady entrepreneur, made the entire story up. Many speculated that this had one thing to do together with his present authorized issues with the Australian Tax Workplace and an try to generate income by copyrighting Bitcoin’s white paper and elevating his profile.

Probably the most usually named candidates to be Satoshi Nakamoto embody well-known personas, particularly: the deceased laptop programmer Hal Finney, who lived a couple of blocks away from Dorian Satoshi Nakamoto and died in 2014; Nick Szabo, one of many inventors of Bit Gold; Adam Again, inventor of Hash Money; and Wei Dai, inventor of b-money.

All the above have denied being the phantom Bitcoin creator. Much less standard theories say that it was a former programmer and cartel chief, Paul Le Roux, who’s at the moment in jail, and even the CIA. But others stated it wasn’t a person in any respect however a bunch of builders beneath the pseudonym Satoshi. It’s as much as see whether it is Len Sassaman or another persona or group HBO finds legit Satoshi.