A new documentary on the elusive founder of Bitcoin is making waves as it has leaked several vital clues in the case.
Despite some recent cryptocurrency crashes, digital currencies look like they're back on the up thanks to intervention from President Donald Trump's plans to form a crypto reserve. Hoping to solidify faith in Bitcoin, Ethereum, XRP, Solana, and Cardano (ADA), the POTUS wants to prove that crypto is here to stay.
While they all have their supporters, it's Bitcoin that is by far and away the most popular. Even though critics remain unconvinced that Bitcoin can reach some of its lofty projections for 2025, you only have to look at the numbers to see how far it's come.
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In the past year alone, Bitcoin has climbed by 37.57% and is currently trading at $88,100. This is a bit of a dip from its all-time high of $108,786 on the day of Donald Trump's inauguration, but its supporters are convinced it'll get back there.
Either way, the mysterious creator of Bitcoin would be worth a not-so-small fortune in 2025. Satoshi Nakamoto is credited with creating Bitcoin, although we can't ask him about it because no one knows his true identity. Instead, Satoshi Nakamoto is a pseudonym that's been associated with Bitcoin from its inception up until at least 2010.
Although accounts vary on what the MIA Nakamoto owned, most agree he had/has 968,452 BTC, which works out at $84,866,780,381.50 at the time of writing.
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As Bitcoin began to take off in 2011, another early crypto fan got an email that simply stated: "I've moved on to other things."
With Bitcoin having a current market cap of $2 trillion, you can understand why people might want to find Satoshi and hear his side of the story. While the mystery remains unsolved, Channel 4's Seeking Satoshi: The Mystery Bitcoin Creator continues the search and drops some seemingly major clues.
As reported by The Sun, Seeking Satoshi journalist Gabriel Gatehouse suggests that despite his Japanese-sounding surname, he was a native English speaker who might’ve been based in the UK due to preferring British spellings over US spelling.
When Bitcoin was launched in January 2009, the documentary noted that he embedded a headline from the UK-based Times newspaper in its code. Gatehouse mentioned how the headline of "Chancellor on brink of second bailout for banks" could've been a 'message in a bottle', speculating that Bitcoin was "a political project."
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On a list of potential names was a British man called Adam Back, a British coder who also appeared in the footnotes at the end of the Bitcoin White Paper.
After Back ignored Gatehouse's request for comment, the journalist flew to a conference he was speaking at in Miami and pitched the theory directly.
Back said, "[Satoshi] took steps to be anonymous, and clearly intended to be, so presumably it will stay that way," although he went on to describe Bitcoin as a 'revolution' that was supposed to strip the state of power to control money.
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When speaking to elderly hackers Vince Cate and Bob Hettinga about his search for Nakamoto, Bob warned Gatehouse it’s 'dangerous' to look for the Bitcoin founder. Saying, "Satoshi will get hurt, Cate added: "We don't want them to find Satoshi."
Considering his supposedly massive crypto wallet, Gatehouse concluded that Nakamoto simply isn't interested in wealth. Most interestingly, there's the idea of a Silicon Valley conspiracy that's trying to hide Nakamoto's real identity as a middle finger to democracy. Despite Gatehouse ignoring the conspiracies and warnings from hackers, it doesn’t feel like we're any closer to really finding out who Satoshi Nakamoto is.