‘Fake’ Satoshi Nakamoto was Secretly Selling Bitcoin, Says Gary Stevenson!

Jakarta, Pintu News – The mysterious figure behind the creation of Bitcoin (BTC), Satoshi Nakamoto, is back in the spotlight after British economist Gary Stevenson claimed that Nakamoto may be selling Bitcoin in secret.

Stevenson, known for his sharp economic criticism, has long warned retail investors to avoid cryptocurrencies, deeming them as high-risk speculation. Read the full information in this article!

Criticism of Satoshi Nakamoto

In a recent interview with “How To Academy”, Gary Stevenson stated that Satoshi Nakamoto is a fictitious figure who created a currency that is also fictitious. According to him, Nakamoto has about a trillion dollars worth of Bitcoin assets. Stevenson hypothesized that if Nakamoto started selling Bitcoin, the price would fall dramatically.

Therefore, he suspects Nakamoto is selling small amounts of Bitcoin to finance a global publicity campaign aimed at artificially increasing the price of Bitcoin.

Stevenson adds that this strategy is similar to the marketing tactics used in celebrity-backed cryptocurrency projects. He argues that it is not usability, but rather hype that continues to drive the value of Bitcoin. Stevenson emphasized that this is a form of fraud, similar to what Donald Trump did with his coin launch.

Also read: “Cryptoqueen” Arrested in London, Rp95 Trillion Worth of Bitcoin Revealed!

Bitcoin Volatility and Its Impact

Bitcoin has had a turbulent few months. October started strong but ended with the largest market liquidation since the pandemic, wiping out billions of dollars in open interest. The decline was triggered by concerns over 100% tariffs on imports from China, following comments from US President Donald Trump that rattled global markets.

The value of Bitcoin assets held by Satoshi Nakamoto was also affected, decreasing by $5.03 billion in 24 hours. Despite the decline, the asset value is still much larger than the US government’s $37.7 billion Bitcoin holdings. November started on a downward note, with Bitcoin dropping below $100,000 twice amid continued uncertainty.

Read also: 1 Pi Network (PI) Price in Indonesia Today (11/13/25)

Debate and Speculation About Satoshi Nakamoto

Stevenson’s statement has sparked an online debate regarding the mystery surrounding Satoshi’s ownership of Bitcoin, which is estimated to be over 1 million BTC and has been untouched since the cryptocurrency’s inception in 2009. This speculation adds to the long list of theories and conjectures that have been circulating for years about the true identity and motives of Bitcoin’s creator.

This debate is not only of interest to Bitcoin followers and investors, but also to economic and financial observers trying to understand the dynamics behind one of the world’s most valuable and influential digital assets.

Conclusion

The claims and theories circulating about Satoshi Nakamoto and Bitcoin continue to add complexity to the narrative surrounding this cryptocurrency. While the market fluctuates, the eyes of the world remain fixed on further developments that may reveal more about this mystery or perhaps even, Nakamoto’s true identity.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Trading crypto carries high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• Yahoo Finance. Economist says ‘fake guy’ Satoshi Nakamoto is a real threat to Bitcoin. Accessed on November 13, 2025
• Featured Image: Unsplash