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The Bitcoin Mystery Lives On

For crypto’s sake, let’s keep Satoshi a mystery, thinks Ben McKenzie.

Ben McKenzie, author of Easy Money: Cryptocurrency, Casino Capitalism, and the Golden Age of Fraud, argues that the enigmatic identity of Bitcoin's creator, Satoshi Nakamoto, is better left unmasked. He believes that a cult-like following thrives on the mythos surrounding Satoshi, which could dissipate if his true identity were revealed.


McKenzie, who has spent five years investigating cryptocurrency, says: ‘Do you hate our current system? Everybody raises their hand and then, “Well, Bitcoin fixes this.” And it's the second part that's the lie.' He fears that using cryptocurrencies on a global scale would be disastrous for financial systems.


His concerns about Satoshi are rooted in the mystery surrounding his identity. McKenzie highlights Adam Back, one of the first people to communicate with Satoshi, as a possible real-world candidate. However, he notes that Back's history, including a meeting with Jeffrey Epstein, complicates any potential claim to be Satoshi.


The article also delves into the early uses of cryptocurrency for crime, particularly on the dark web market Silk Road. Cryptos are often seen as tools for speculation or illegal activities due to their unregulated nature.


McKenzie’s documentary Everyone Is Lying to You for Money, released just before his interview with Katie Drummond, explores these themes in depth and challenges the hype surrounding cryptocurrencies.

Original source:  https://www.wired.com/story/the-big-interview-podcast-ben-mckenzie-crypto/
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