Last week, Pi Coin experienced a significant plunge, dropping over 75% from its peak after the effects of the Consensus event waned. The current price of Pi is around $0.70, leaving the investor community disappointed and confused. However, a surprising development recently stirred public opinion – a shocking hypothesis proposed by analyst Mr. Spock: Could Nikolas Kokkalis – the founder of Pi Network – be Satoshi Nakamoto?
Who is Satoshi Nakamoto?
Satoshi Nakamoto is the pseudonym of the person (or group of people) who created Bitcoin, the first cryptocurrency in the world, and also laid the foundation for blockchain technology. Satoshi actively participated in the Bitcoin community until 2010, after which he mysteriously disappeared, and his identity has yet to be determined.
Strange Clue: Kraken, Coinbase, and the Connection to Satoshi
An interesting point that Mr. Spock pointed out is that Nikolas Kokkalis only follows a few exchanges on platform X (formerly Twitter) — including Coinbase, Kraken, and OKX. Notably, Kraken is said to be connected to the last transaction linked to Satoshi Nakamoto's wallet. Coincidentally, this is one of the exchanges that Kokkalis follows.
Not stopping there, an executive from Coinbase once revealed that they suspect Kraken might hold information about Satoshi's true identity, based on the connection between Satoshi's wallets and Cavirtex – a Canadian exchange previously acquired by Kraken. Is this just a coincidence, or are these deliberately arranged clues?
Big Vision: America, Coinbase, and the Future of Pi
While the community is still waiting for Binance to list Pi in international markets, Mr. Spock has a broader perspective. He believes that if Pi is listed on Coinbase – one of the largest exchanges in the US – it will be a turning point that helps Pi increase its actual value and spread in the US market, which has a significant influence in the cryptocurrency industry.
A social media user even proposed a bold scenario: If Nikolas Kokkalis is indeed Satoshi Nakamoto and one day sells all his Bitcoin, it could cause a massive shock to the global market. And then, Pi could become the new global currency, bringing enormous benefits to early users.
What Do Experts Say?
Many experts believe that although this hypothesis sounds fanciful, it is not without reason. Kokkalis has a PhD in blockchain technology, something that Satoshi Nakamoto – if real – certainly must have equivalent knowledge.
It is noteworthy that the Pi Network is developed in a non-profit direction, distributing tokens for free to users instead of raising capital wildly, very similar to Satoshi Nakamoto's style of 'anonymity, indifferent to fame and profit'.
Dr. Altcoin, a well-known analyst in the crypto world, has also deeply studied Nikolas Kokkalis's academic works and acknowledges that he has a very strong computer science background, with many notable scientific publications. He commented:
"What is certain is that Pi Network is an innovative project, based on the extensive expertise of Nikolas. This is one of the most promising cryptocurrency projects today."
Conclusion: Is it Just a Coincidence or the Truth That Has Yet to Be Revealed?
While there is no concrete evidence proving that Nikolas Kokkalis is Satoshi Nakamoto, the aforementioned coincidences are attracting special attention from the crypto community. Whether it is true or just an interesting conspiracy theory, it is clear that Pi Network is still at the center of attention – and every subsequent move by Kokkalis will certainly be closely monitored.