Who is Peter Todd, and who is the mastermind behind BTC?
Author: Hanzo
Translation: Shenchao TechFlow
HBO has revealed the fake Satoshi Nakamoto.
I watched the entire movie, and it was filled with lies.
They hold over 2 billion dollars in BTC and hide the truth from us… Who is Peter Todd, and who is the mastermind behind BTC?
HBO just revealed the true identity of Satoshi Nakamoto 8 hours ago.
His name is Peter Todd - @peterktodd. So, who is he? What is his story? How will this revelation affect BTC?
Peter Todd is a 39-year-old Canadian software developer.
He is known for enhancing the security and privacy of Bitcoin while maintaining its decentralization.
He has also been involved in other blockchain projects related to data and system security.
He says his story with Bitcoin began at the age of 15 when he bought Bitcoin for $0.2.
He claims it was his best financial decision, but also his worst, as he only invested $20.
Today, the value of that Bitcoin has exceeded $6 million, equivalent to 300,000 times his initial investment.
Todd's career began in 2008 as an electronic designer at Gedex Inc.
He worked there for 6 years until he joined Coinkite in 2014 as a Bitcoin core developer.
He still works at the company and has been an advisor for the digital collectibles platform Verisart since 2015.
Todd is currently the chief scientist of the open-source Bitcoin wallet Dark Wallet and the Mastercoin protocol.
At the end of the documentary, he said, "Well, I am Satoshi Nakamoto."
But on Twitter, he both joked and denied this claim.
So, is he really the creator of Bitcoin?
I don't think he is the creator of Bitcoin.
He joked in 2019, saying, "I am Satoshi Nakamoto, just like everyone else."
Moreover, his first Bitcoin transaction was in 2010, two years after the Bitcoin white paper was released.
Combined with his denials on Twitter, this provides the answer.
Let's analyze the impact if the creator of Bitcoin really is Peter Todd:
Starting with the positive side:
Now the community knows who the developer is and can communicate with him.
HBO's chief investigator claimed Todd "permanently disabled his access to 1.1 million Bitcoins."
If this is true, more investors may enter the Bitcoin market, as they were previously concerned that an anonymous developer might sell off.
But on the other hand, if this is not true, he might sell those 1.1 million Bitcoins in the future:
The crypto market could crash, undermining the entire concept and trust in cryptocurrency.
We cannot predict the future, but we hope everything goes smoothly.
While we don't know how Bitcoin will develop after the revelation,
You can still invest in themed memes.
When Todd was called Satoshi Nakamoto, the Token YOURMOM emerged.
It reached a market value of $7 million just 4 hours after its creation.
Make sure to find these opportunities.
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