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Recently, HBO released a Bitcoin documentary titled Money Electric: The Bitcoin Mystery, in which they claim that former Bitcoin developer Peter Todd is Satoshi Nakamoto, the creator of Bitcoin. The documentary points to various pieces of evidence, such as a 2010 post on BitcoinTalk that was allegedly made from Todd's account and cryptic messages indicating the destruction of 1.1 million BTC tokens linked to Satoshi Nakamoto.
However, Peter Todd has vehemently denied these accusations. In response to leaked parts of the documentary, Todd stated, "I'm not Satoshi." He also criticized the director of the documentary, Cullen Hoback, for resorting to conspiracy thinking akin to QAnon.
HBO's Claim Met with Skepticism
The crypto community has shown skepticism towards HBO's claim that Peter Todd is Satoshi Nakamoto. Some individuals, like user PixOnChain, have debunked the claims made in the documentary. PixOnChain explained that the supposed 2010 BitcoinTalk post from Todd's account may not have been accidental and that the cryptic message about destroying tokens was taken out of context.
Additionally, the BitMEX Research team labeled HBO's claim as "ridiculous" and argued that there is no credible reason to believe Todd is Satoshi based on the evidence presented in the documentary.
Despite the skepticism surrounding HBO's claims about Peter Todd, meme coin enthusiasts have jumped on the bandwagon. One meme coin, $YOURMOM, experienced a significant surge of 9,500% following the speculation that Todd could be revealed as Satoshi Nakamoto. The coin's name is a reference to a joke made by Todd about his cat, "your mom."
Peter Todd acknowledged the meme coin on Twitter, albeit with a hint of mockery towards the investment thesis of some holders. The ongoing speculation about Satoshi Nakamoto's identity remains unresolved, but meme coin enthusiasts have capitalized on the frenzy to make quick profits.