Dogecoin Founder Comments On Bitcoin Creator, Not Peter Todd

Dogecoin founder commented on Bitcoin creator, not Peter Todd (Photo; Doc. Milikana blog)

JAKARTA - The crypto community was excited again after HBO's documentary show titled 'Money Electric: The Bitcoin Mystery' aired on October 8. This documentary describes the theory that Peter Todd, a Canadian Bitcoin developer, is Satoshi Nakamoto, the mysterious figure behind the creation of Bitcoin. Although this claim has been strongly denied by Todd, discussions about Satoshi Nakamoto's true identity continue.

Dogecoin co-founder Billy Markus, who in cyberspace known as Shibetoshi Nakamoto, also responded to the theory. Through social media account X (formerly Twitter), Markus said, "It's not Peter Todd, bro." When someone asked who Peter Todd was, Markus answered firmly, "Not Satoshi, unless you're stupid."

However, Markus' most surprising statement came as he was asked, "So who is Satoshi?" The short answer, "A person who is dead." This sentence sparked speculation that Satoshi Nakamoto may be Hal Finney, a well-known computer scientist and cryptographer.

According to Bitcoinist information, Hal Finney is an important figure in Bitcoin history. On January 12, 2009, Finney became the first recipient of Bitcoin transactions from Satoshi Nakamoto, with a total of 10 BTC. Finney is known as a pioneer in cryptography, with significant contributions in digital money development and cybersecurity. Prior to Bitcoin, in 2004 Finney developed Reusable Proofs of Work (RPOW), the technology dealing with digital scarcity and transaction multiplier problems, which later became the basis for Bitcoin.

Finney and Nakamoto's similar style of writing, especially English-style use, further strengthens the theory that Finney may be Satoshi Nakamoto. Another coincidence is that Finney lives only a few blocks away from total Satoshi Nakamoto, a figure who has also been mistaken for creator of Bitcoin.

However, not everyone believes that Hal Finney is Satoshi Nakamoto. Until death in 2014, Finney consistently rejected the allegations. He publicly shared his involvement in Bitcoin, including email correspondence with Satoshi as well as his Bitcoin wallet information, to prove that he was just an initial adopter, not a creator.

Finney's ALS illness in 2009 was also an argument that weakened this theory. ALS drastically limits its physical capabilities, making Finney almost impossible to maintain a tight Bitcoin development schedule during its early stages of growth. In addition, emails between Finney and Nakamoto show different communication styles and programming approaches.