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Canadian computer scientist and cryptographer Peter Todd says he has been forced into hiding for fear of his personal safety after an HBO documentary claimed that he is Bitcoin’s mysterious creator, Satoshi Nakamoto. “Obviously, falsely claiming that ordinary people of ordinary wealth are extraordinarily rich exposes them to threats like robbery and kidnapping,” Todd said in an interview with Wired. Peter Todd Says He Is Not Satoshi Nakamoto According to Todd, he agreed to take part in the documentary because he thought it was going to talk about the history of Bitcoin . But it alleged that he is the real-world identity behind Bitcoin’s mysterious creator. “This was clearly going to be a circus,” Todd said. The HBO film, “Money Electric: The Bitcoin Mystery,” was aired on Oct. 9. Its producer, Cullen Hoback, teased that the true identity of Satoshi Nakamoto would finally be revealed, and pointed the finger at Todd. Todd has since rep...

The Zurich MoneyMuseum has removed references implying Craig Wright is Satoshi Nakamoto, the pseudonymous creator of Bitcoin, calling them outdated and aggravating for some readers. The Swiss museum’s founder, former Dow Banking Corporation manager Jürg R. Conzett, wrote an essay (archived in 2021) on the journey of money since the Middle Ages and its impacts on wider society. However, Bitcoin proponent @bitnorbert posted on August 1, 2024, that the MoneyMuseum removed a body of text implying Wright was Nakamoto before removing a further reference to Wright’s book, Satoshi’s Vision: The Art of Bitcoin , last weekend. The latest essay revision (left). The original essay text (right), shared by @bitnorbert. Speaking to Protos, Conzett said the wording of the Satoshi Vision segment was removed “because it is outdated news and seemed to aggravate some readers, for whatever reason.” He stressed, “ We never supported Craig Wright in any venture .” Conzett originally wrote...

The parallels between Sam Bankman-Fried and Bernie Madoff are ample. On the bright side, both men highlighted the fact that Bitcoin maximalists are immune to Ponzi schemes. Long before Bitcoin (BTC), Bernie Madoff sat atop the longest-running, largest fraud in history. The rise and real-time fall of Sam “SBF” Bankman-Fried, former CEO of crypto exchange FTX, were expedited in comparison. While the similarities are profound, the storyline is not: Create organizations under false pretenses, develop relationships with people in authority positions, defraud clients, survive as long as possible, and try not to get caught. Madoff advisers experienced a “liquidity” problem in 2008, around late November into early December, where the fund was unable to meet client redemption requests. On its surface, the fourth-quarter timing of the Madoff collapse more than a decade ago appears eerily similar to FTX’s 2022 implosion. Bitcoiners who hold their keys will never experience a “liquidity problem,”...