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News

Len Sassaman Is Now Believed By Community To Be Satoshi With Top Odds

October 5, 2024 - Around 2 mins mins to read

Key Points:

  • Len Sassaman is currently the frontrunner in speculation, with Polymarket betting odds placing his likelihood of being identified as Nakamoto at 52%.
  • The identity of Satoshi Nakamoto remains crucial as the creator is believed to control 1.1 million Bitcoins.
Speculation about the pseudonymous identity of Satoshi Nakamoto, the creator of Bitcoin, went into overdrive Tuesday night with the airing of a new HBO documentary titled Money Electric: The Bitcoin Mystery.
Len Sassaman Is Now Believed By Community To Be Satoshi With Top Odds

Read more: SEC Seeks To Take Satoshi Nakamoto To Court With Lawsuit Against Bitcoin 

Len Sassaman is Now the Top Candidate in Satoshi’s Speculation

According to Polymarket, the current front-runner is deceased cypherpunk Len Sassaman, who stands at 52%, according to bettors. In second place is early Bitcoin contributor Hal Finney, with 33%, and in third place, Adam Back takes 13%. Other names floating around include Elon Musk and Dorian Nakamoto, although their chances are slim.

Len Sassaman was a luminary in the field of cryptography who committed suicide in 2011, at age 31. Not much is currently known of his life, except that he was considered a wunderkind in cryptography and an influence in the great hacker community. His association with such figures in information security and cryptocurrency raised eyebrows as speculation grew on his possible link to Bitcoin.

Financial Consequences of Satoshi’s Revelation

The HBO documentary takes one through whether Nakamoto was really a solo player in this regard or had other active collaborators; it also reflects on the possible impact of his work on the world’s financial outlook. Late-night social media activity by Sassaman has led some to draw parallels with Nakamoto’s posting patterns and has fueled more speculation.

Bitcoin has grown to become an integral part of the financial system, with changes of hands crossing over $62,000 at the time of writing.

The figure of Satoshi is even shrouded in mystery, as it is thought that he or she had 1.1 million Bitcoins in a wallet that has never been touched since the cryptocurrency was created. This supposed wealth makes the mission to unmask Nakamoto even more significant, considering the authority he had in the financial world.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Bitcoin

BTC

HBO Documentary

Len Sassaman

Money Electric: The Bitcoin Mystery

Satoshi Nakamoto

Author

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.