Man denies being mysterious inventor of Bitcoin

A new documentary has emerged that claims to have uncovered the identity of the mysterious creator of Bitcoin, a digital currency that has fascinated people since its inception in 2009. The individual or group behind Bitcoin has always gone by the name Satoshi Nakamoto, and their true identity has remained a topic of intense speculation and intrigue. The documentary, titled Money Electric: The Bitcoin Mystery, suggests that Canadian cryptocurrency expert Peter Todd is the person behind this groundbreaking invention. However, Peter Todd has publicly rejected this theory, calling it 'ludicrous. ' In the film, Todd is confronted by filmmaker Cullen Hoback, who presents evidence to support his claim that Todd is Satoshi. When asked directly if he is the creator of Bitcoin, Todd laughs off the suggestion, stating, 'I am not Satoshi Nakamoto. ' He later reiterated this on social media platform X, emphasizing his denial. The mystery surrounding Satoshi Nakamoto is not only about their identity but also about the immense wealth they may possess. If Satoshi still has access to their Bitcoin wallet, it is estimated to be worth around $69 billion today, which would place them among the wealthiest individuals in the world. Peter Todd is a well-known figure in the Bitcoin community, recognized for his contributions to the development of the cryptocurrency. Despite this, he has never been a leading candidate in the long list of individuals speculated to be Satoshi Nakamoto. The release of this documentary has sparked significant interest, with over $44 million wagered on a crypto betting site regarding who the film would identify as Satoshi. Cullen Hoback, who has previously investigated other anonymous figures online, claims that his conclusion about Todd being Satoshi comes from years of research and interviews. One piece of evidence he presents is a forum post by Todd that appears to continue a discussion initiated by Satoshi. Additionally, Todd once mentioned online that he had intentionally destroyed a large number of digital coins. This has led to a popular theory that Satoshi may have deliberately destroyed access to their original stash of Bitcoin, which remains untouched. Currently, there are approximately 1. 1 million Bitcoins that have never been spent or transferred, representing about 5% of all Bitcoins in existence. Satoshi Nakamoto decided that there would only ever be 21 million Bitcoins created, making this untouched stash incredibly valuable. However, Todd argues that his online history indicates he was not involved in the creation of Bitcoin, stating that he was 'too busy with school and work' during that time. Over the years, several individuals have been proposed as potential candidates for the identity of Bitcoin's creator. In 2014, a prominent article in Newsweek identified Dorian Nakamoto, a Japanese-American man living in California, as Satoshi. However, he denied the claim, and it has since been largely discredited. In 2015, Wired and Gizmodo published investigations pointing to Australian computer scientist Craig Wright as the creator. Wright claimed to be Satoshi and provided what he said was proof, but his assertions were met with skepticism from the community. After years of claiming to be the inventor, a UK High Court judge ruled that there was 'overwhelming' evidence that he is not Satoshi. Even tech billionaire Elon Musk has denied being the creator of Bitcoin. For many prominent figures in the Bitcoin community, the anonymity of Satoshi Nakamoto adds to the allure and strength of the decentralized currency. Adam Black, one of the core developers and another potential candidate for Satoshi, expressed on X before the documentary's release, 'No one knows who Satoshi is, and that's a good thing.