• 08 October, 2024
Markets News

Nick Szabo to be Named as BTC Founder for a Documentary

Nick Szabo to be Named as BTC Founder for a Documentary

Nick Szabo will be named as the founder of Bitcoin in an upcoming documentary on HBO. The American computer scientist will play the role of the presumed pseudonymous Satoshi Nakamoto in the show. Szabo, whose crypto network Bit Gold, failed to launch, has topped the Polymarket by 27.9%.

The producer of the documentary, Cullen Hoback, stated in an X post that the documentary would land on a single name, implying that Bitcoin was launched by a single person. This update shifted from previous considerations, which included Len Sassaman (14.0%), Adam Back (4.3%), and Hal Finney (2.7%). Reportedly,  Sassaman, a cryptographer, died in 2011. Adam Back, who was referred to in Bitcoin’s whitepaper, and members like Elon Musk and Paul Le Roux are considered to have fewer chances. 

Szabo has been a major player in the crypto community, especially for his contributions to digital currencies and smart contracts. His brainchild, Bit Gold, introduced many concepts to the market. Some of the ideas include a peer-to-peer network, proof-of-work mining, and crypto concepts that later became crucial for Bitcoin.

Bitcoin Steady Above $63K as Major Cryptos and Altcoins Gain

Szabo has never claimed to be the creator of Bitcoin. However, considering his deep insights into the cryptocurrency market and his blockchain history, he was considered an ideal candidate. The intrigue around his identity is bolstered by the fact that Satoshi Nakamoto’s true identity has remained elusive for years despite Bitcoin’s enormous impact on global finance.

The upcoming documentary Money Electric: The Bitcoin Mystery is anticipated to reignite the debate and shed light on one of the greatest mysteries in the tech world. The film is set to explore various theories about Nakamoto’s identity. However, it remains uncertain whether Szabo or anyone else will definitively be identified as Nakamoto.

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