Its not even a really good hoax. The bloody thing looks just like that costume.
Occam's razor would help out quite a bit.
Theory 1: Bigfoot does not exist. People wish to become famous by producing hoaxes that garner media attention. The human mind is great at making patterns, even of unrelated events.
Theory 2: There is a very large, previously undiscovered great ape living in North America. After having been inhabited by the Western world for 200+ years, no carcasses, feces, recordings of vocalizations or other credible evidence has been collected aside from oral accounts/traditions and easily reproducible foot molds. We're not talking about there being undiscovered species in the depths of the Amazon here. We're talking about in North America. There have been groups dedicated to looking for this thing for years upon years upon years. The odds that nothing verifiable has been discovered is simply off the scale.
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