HBO’s documentary “Money Electric: The Bitcoin Mystery“ surprised the cryptocurrency community by claiming that Peter Todd, a Canadian software developer and former core member of the Bitcoin Core project, is the creator of Bitcoin.
The film, directed by the talented Cullen Hoback, is based on in-depth interviews with Todd and valuable data gathered from the cypherpunk community.
However, shortly after this revelation, Peter Todd quickly refuted the claim. He stated that it was simply “a rushed attempt to connect vague pieces” by director Hoback, and he did not hesitate to point out the inconsistencies in the film’s argument.
Taken from here...
I have not yet watched this HBO documentary but on the surface of things it looks like the people behind this piece are just desperate to whom they can point their fingers as to the identity of Satoshi Nakamoto. Now, if Peter Todd who has vehemently denied already that he is the one, can then move the wallets ascribed to Satoshi then he can surely be the one.
What do you think on Peter Todd being the Satoshi Nakamoto the whole cryptocurrency industry has been looking for? Is he a very good candidate or just one of the many proposed over the years?
Lets pretend he is.
Lets pretend he controls 1,000,000 plus btc
That is over 60,000,000,000 sixty billion plus.
Not sure I would admit I own 60 billion dollars in btc.
Remember there are different tax laws all around the world.
At this moment in time the USA does not tax unrealized gains. So if Trump wins you can sit on the coin and not worry about cap gains tax.
If Harris gets in and passes an unrealized cap gains tax on unrealized gains he may have to cash in about 250,000 btc to pay that tax.
So there is no way he will admit the coins are his before the upcoming USA election.
By the way once in a while a block of those old coins gets cashed out. More power to whoever invented it.
But I am thinking if the guys alive and the coins are unlock-able the guy will wait longer and every once in a while just peel off a block of 50.
50 coins is 3,000,000 plus I think two old blocks were cashed out this year so far.