Bitcoin Groupies Call Bullsh*t on 'Fraudulent' Satoshi Reveal

TwitterFacebookLinkedInThe Bitcoin community has a one-word response to the claim that Satoshi Nakamoto will reveal his true identity this week: "bullsh*t!" | Source: Shutterstock. Image Edited by CCN.

By CCN Markets: The handful of Bitcoin fans who are still begging for the “real” Satoshi Nakamoto to please stand up may get their wish as early as today.

However, most of the crypto community isn"t getting worked up.

They’re in no mood to be punked."Satoshi Nakamoto" to Reveal "True" Identity

CCN reported that blockchain company Satoshi Nakamoto Renaissance Holdings would unveil the identity about the shadowy Bitcoin creator in three installments, beginning on Sunday at 4 pm ET and culminating on Tuesday.Mystery 'Satoshi Nakamoto' Claims He's Hodling $10 Billion in Bitcoin https://t.co/Vh1kUdA6Sf

— CCN Markets (@CCNMarkets) August 17, 2019

This company is shrouding its three-day reveal in what it says is a transformational rebirth of Bitcoin. At the grand finale, the "real" Satoshi claims he, or she, will unveil a project called Tabula Rasa, a "clean-slate vision for Bitcoin’s transformational rebirth."

The sentiment seems to be that this is just a PR stunt, with one Twitter user joking that PR stood for "pump request."To be clear, PR here is Pump Request, not Pomp Request or Pull Request.

— Yang Ventures (@YangVentures) August 17, 2019

Bitcoin community"s reaction: "Yeah, right!"

The rolling of the eyes quickly began after Satoshi"s PR handlers said they would be revealing the details about the real Bitcoin creator.

The crypto community is a cynical one, so it’s going to take more than saying, “It’s me!” to convince its members. The company states it’s going to vindicate its bombshell claims with proof.

However, the crypto community demands very specific proof that few believe we will ever see. According to Charlie Lee, anything short of a message signed by the Genesis key would be "fraudulent."Satoshi Nakamoto brought to the world an open-source, decentralized, trustless, censorship-resistant currency based on math and cryptography.

If Satoshi wanted to reveal himself, he would sign a message with the genesis key. Anything short of that is most likely fraudulent.

— Charlie Lee [LTCâš¡] (@SatoshiLite) August 17, 2019

The Litecoin creator also tweeted some underhanded criticism at the other self-proclaimed Satoshi, Craig Wright:If I was Satoshi, I wouldn't be able to watch people claim Bitcoin Cash is the real Bitcoin and follows Satoshi's vision. Or watch someone claim to be Satoshi, but then use patents and lawsuits to make his point.

— Charlie Lee [LTCâš¡] (@SatoshiLite) August 17, 2019

Others alleged you didn"t even need to see the "proof" to know the whole saga is just a scam.Clearly another one trying to push its own bitcoin version, bitcoin renaissance.

Let's hope the scam is obvious enough so not to many people fall for it.

— TenaciousC (@T3naciousC) August 18, 2019

Satoshi reveal won’t end debate

The company is supposed to reveal details about Bitcoin"s mysterious creator, including why he hasn"t touched his $10 billion worth of  BTC.

No matter what’s revealed, it’s unlikely to put an end to the debate. Crypto folks are typically not gullible, and they guard the crypto turf fiercely against scammers.

It’s going to take a lot more than a three-day event to move them. Tune in at the company"s website for more information - but prepare to get punked.

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