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Squawk Pod

Satoshi Nakamoto, Adam Back or Both? 4/10/26

Squawk Pod

CNBC

Business News, Business, Investing, News

4.2543 Ratings

🗓️ 10 April 2026

⏱️ 46 minutes

🧾️ Download transcript

Summary

The Bureau of Labor Statistics’ March CPI data revealed an annual inflation rate of 3.3%. Former Transportation Secretary Pete Buttigieg discusses the pressures on American consumers, including an Iran War-prompted energy price surge and DHS funding. NYT investigative journalist John Carreyrou spent years digging into the real identity of bitcoin creator Satoshi Nakamoto and concluded that it is famed computer scientist, Adam Back. Adam Back, though he’s made notable contributions to the foundations of bitcoin, denies the conclusion. Back makes his case directly–and explains why anonymity might be good for bitcoin. Plus, OpenAI has fired at Anthropic in a new memo to shareholders, Kevin Warsh’s Fed nomination hearing was delayed, and a fake research paper fooled AI models. Pete Buttigieg 15:09 Adam Back 31:29

Transcript

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0:00.0

Bring in show music, please.

0:04.5

This is SquawkPod, and I'm CNBC producer Cameron Costa.

0:09.0

On today's episode, the suspected Bitcoin creator who denies being Satoshi Nakamoto.

0:15.8

Noted computer scientist Adam Back joins us, and he makes the case for continued anonymity.

0:22.4

I think it's actually quite beneficial for Bitcoin that, you know, for whatever reason

0:27.2

that Stacey chose to step away in 2011, that there is no identifiable founder.

0:31.9

You know, it feels more like a discovery than an invention or a product.

0:36.9

And the latest U.S. inflation data is out.

0:40.3

The Iran War has sent energy prices soaring, which has pushed inflation higher.

0:46.5

Former Transportation Secretary Pete Buttigieg joins us for a lively conversation

0:51.6

about consumer wallets, the Iran War, and much, much more.

0:56.8

Why did the president fail to keep his promise to lower prices, in your opinion?

1:00.4

The president did say he wanted to be in office to bring inflation down, and he has not

1:04.8

brought inflation down.

1:06.2

That's all.

1:06.9

He drove it up.

1:08.4

Those big conversations, plus Kevin Warsh's Fed nomination hearing has been delayed.

1:14.5

OpenAI has put its rival Anthropic on blast, and a fake research paper has fooled AI.

1:21.3

The researchers intentionally put all kinds of things that any actual academic or professor

1:26.8

or medical student would pick up on

1:29.7

immediately.

1:31.0

It's Friday, April 10th, and SquawkPod begins right now.

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