Controversy Surrounds Cullen Hoback's Questionable Bitcoin Documentary: A Closer Look at the Allegations and Accusations

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09/10/2024 20h54

### Filmmaker Cullen Hoback Faces Backlash from Crypto Community Over Botched Bitcoin Documentary

The crypto community is taking aim at filmmaker Cullen Hoback, accusing him of producing a documentary that falls short on factual accuracy and overly relies on dramatic suspense. Critics argue that Hoback, known for his previous work on the documentary series "Q: Into The Storm," has once again prioritized sensationalism over thorough research.

Hoback’s latest documentary attempts to explore the well-documented history of Bitcoin, touching upon its origins and its evolution into a mainstream financial asset. However, the documentary suddenly shifts gears in its last 15 minutes to focus on Peter Todd, suggesting with little support that he could be Satoshi Nakamoto, the enigmatic creator of Bitcoin.

The filmmaker's argument centers on Todd's involvement in the early cryptography scene, his association with prominent Bitcoin figure Adam Back, and linguistic hints that Satoshi might be Canadian. A notable point in the documentary is a 2010 forum post where Todd responded to Satoshi, which Hoback speculates could have been an accidental continuation from Todd's own account. Despite these claims, the film lacks the depth needed to substantiate such a bold assertion.

In the documentary’s final scenes, Hoback’s conversation with Todd takes an unexpected turn when Todd laughs at the filmmaker’s theories, calling them "ludicrous." Todd humorously admits, "Of course, I'm Satoshi. And I'm Craig Wright." Craig Wright, an Australian scientist, has also claimed to be Bitcoin's creator and was recently referred to British prosecutors for allegedly committing perjury.

Todd goes on to highlight the humorous aspect of the documentary within the Bitcoin community. “This is going to be very funny when you put this into the documentary and a bunch of Bitcoiners watch it,” he says, suggesting that the community will view it as another instance of a journalist missing the true point. When Hoback presses for clarification, Todd responds, “The point is to make Bitcoin the global currency.”

Critics in the crypto community remain firm that Hoback's latest work follows a pattern of speculative storytelling rather than delivering a well-researched narrative.

The views expressed in this article do not reflect the opinion of ICARO, or any of its affiliates.

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