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Satoshi Nakamoto's identity continues to fascinate the world. The mysterious creator of Bitcoin, who was at the root of a true revolution in the cryptocurrency field, remains unknown. Despite years of speculation, no one has been able to solve the mystery. Currently on HBO documentary Money Electric: The Mystery of Bitcoin has reignited the debate by claiming that Peter Todd, a well-known Canadian developer within the community, is the man behind Satoshi Nakamoto. This statement immediately sparked debate and a particularly strong reaction from Adam Back, who disputed the theory.
The eccentric founder theory is overturned
In an interview, Blockstream founder Adam Back shared his thoughts on the identity of Bitcoin's founder, particularly in response to speculation advanced in the HBO documentary “Money Electric: Bitcoin Mystery.” said. In contrast to the claims linking Peter Todd and Satoshi Nakamoto, “Buck'' is categorical. “I'm pretty sure we're not talking about anyone,” he explains. According to him, the technical skills required to create the Bitcoin protocol exceed those of the people featured in the documentary. Furthermore, Buck argues that these discussions should not focus on specific individuals, but on the values embodied by the technology itself.
Adam Back also emphasizes another important aspect. The idea is that it is important that Bitcoin does not have charismatic or controversial figures. Unlike some tech companies led by eccentric leaders, “the fact that there is no public founder makes Bitcoin stronger and less vulnerable to controversy and human error,” Buck said. declares. For him, this decentralized structure positions Bitcoin not as a creation, but as a fundamental technological discovery, a universal commodity.
The error of Todd's theory
Beyond general criticism of eccentric founder ideas, Adam Back specifically took issue with HBO's conclusion that pointed Peter Todd to Satoshi Nakamoto. The documentary's discussion is based on an exchange on the BitcoinTalk forums dating back to 2010, when a message from Todd was allegedly mistaken for one from Satoshi. Todd, who entered the Bitcoin world much later than 2008, quickly refuted this theory. He calls this an error based on a misunderstanding of events. Buck supports this claim and emphasizes the chronology of events. “Peter Todd was still a student at the time and only joined the development of Bitcoin in 2014,” he recalls.
The impact of such claims goes beyond simple debate between experts. For Adam Back, allowing unsubstantiated theories to spread could damage Bitcoin's image with the general public, especially at a time when the technology is becoming more widespread. “To avoid narrative errors, it is essential that those who truly understand Bitcoin’s mission speak out,” he said. Documentaries like the one on HBO, if helpful regarding the history of Bitcoin, can not only cause confusion, but also the question of what this asset actually is and what it represents for the future of global finance. It can promote false narratives about
Adam Back's comments on the HBO documentary provide further insight into the often overlooked reality that the lack of central figures in the Bitcoin ecosystem is a strength, not a weakness.
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The views, ideas and opinions expressed in this article are solely those of the author and should not be construed as investment advice. Please do your own research before making any investment decisions.