This year marks the 15th since Bitcoin appeared, although its creator – Satoshi Nakamoto – has not been found yet. Now, a new HBO documentary titled Money Electric: We have a Bitcoin mystery that directs is coming out next week and it promises a lot of things. Directed by Emmy-nominated filmmaker Cullen Hoback, known for his investigative work on Q: And this, into the storm, might reveal the real person behind the biggest scam of the digital era, the world’s anonymous cryptocurrency.
Who is Satoshi Nakamoto? Explaining Bitcoin’s Biggest Mystery
Satoshi Nakamoto is a name that circulated in the circles of tech and finance for more than ten years. It is a nickname of the person (or a group of persons) who has mined the first bitcoin, but no one really knows his identity. Even more astonishing, Nakamoto is estimated to own about 1.1 million Bitcoins today which if you evaluate at today’s market price, values at an astonishing $66 billion.
For a long time, many individuals have emerged to claim the identity of Nakamoto and none of them can prove their identity. Among them is the Australian cryptographer Craig Steven Wright who despite all the headlines has not presented the cryptographic proof required for the final resolution of the matter
The Speculation: What is the world going to do if they actually unmask Nakamoto?
A lot of people have predicted that learning Nakamoto’s identity can cause shifts within politics. Many people think that it can have rather tragic consequences, especially/logo most intricate with the upcoming USA presidential elections. Currently, most governments are working with the question on how to regulate the use of Cryptocurrencies and names of the inventor of bitcoins could provoke an even heated debate now that the identity of this person has been reputed.
Next up there are the exciting things such as early Bitcoin wallets indicating activity again. Over the last few weeks, roughly 250 bitcoins worth $15 million have been transferred from dormant wallets to new ones. These wallets: could they belong to Nakamoto?
Money Electric: When and How to Watch
Here is the awaited segment with great enthusiasm,Money Electric: The Bitcoin Mystery airs for the first time on Tuesday, October 8, at 9 p.m. ET on HBO. For those who missed it or who would rather stream HBO’s show, Max is HBO’s streaming platform where you can watch it. Therefore, be sure to put the date in your calendar whether you are a devoted crypto friend or just a curious citizen, eager to hear one of the biggest stories of our time.
Will the documentary finally answer the big question: Who is Satoshi Nakamoto? Or, it will only raise more questions?
What could this mean for the Bitcoin world?
If Money Electric actually outs Nakamoto, Bitcoin’s price may rise and fall, there can be changes in rules regarding cryptocurrency, or the very nature of crypto currencies may change.
But let’s not get ahead of our expectations. There is also the rather pessimistic view that the documentary will simply relight the same old fires and as the credits roll, the community will all sit around scratching their heads and asking ‘well, who is Nakamoto, then?’
In Conclusion
No matter whether you are an experienced Bitcoin trader, or someone who struggles to tell apart between bitcoin and blockchain, Money Electric should make for a riveting viewing. Who is Satoshi Nakamoto? Should we finally have an answer now? Or will the mystery remain a part of crypto space for an indefinite amount of time?
