Bitcoin Forum

I decide to go through my chrome as usual and today I happened to spot a news on my news feed page which sounded so awkward and lame. Well I wasn't too surprised to find a news like that on my feed though since it's still like a sign that bloggers are still at creating write ups like this that of course can mislead those who are bitcoin newbies. I didn't even bother clicking the link so I get redirected to some article that I believe isn't worth reading. Below is an image of the news caption.

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https://www.talkimg.com/images/2024/10/05/iJIFG.jpeg

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Bitcoin is built on a completely decentralised network which is something the government isn't mostly happy about since there is pretty much no central body in control to impose certain regulations and rules. This is pretty much the reason why Satoshi disappeared for so many years now since if he was around he would seem like a central body that the government could probably use as a medium to impose certain regulations on bitcoin. Satoshi disappeared since around late 2009 to 2010 which was shortly after he mined over about a million Bitcoins as speculated by most sources. What then would make any one think he'll appear all of a sudden?

If Satoshi should appear all of a sudden, it would be bad for the bitcoin network and even the entire crypto ecosystem since bitcoin pretty much has an indirect effect on the whole crypto ecosystem. A couple of things that would happen if Satoshi should appear all of a sudden are;

• If Satoshi should appear all of a sudden, it already partially means good-bye to our dear decentralisation like I explained before, since the government can now have a central body to indirectly control the network.
• Secondly there would be an unfriendly shift in bitcoin price and also a general dip in the crypto space since the government would want to take control of the coins he mined ( picture the effect of moving about a million coins on the network)
• The bitcoin network would likely experience some changes that may not support discentralization coupled with the fact that Satoshi's appearance may cause vulnerabiliies to appear in bitcoin's protocol.

Decentralisation is the key power and importance of the BITCOIN network over other crypto currency networks.I believe Satoshi wouldn't want to toss all the decentralisation  BITCOIN has built over a course of about 15 years now by appearing all of a sudden.

It is not too fresh news.

Satoshi Identity Revealed LOL (https://bitcointalk.org/index.php?topic=5511762.0)

It's reason Satoshi Nakamoto decided to disappear many years ago, for his safety first, and for success of Bitcoin project. He never proactively appears to put himself at risk of being arrested or killed.

Satoshi Nakamoto can say, "I lost these private keys", and governments will have nothing to seize.

It won't. Because Satoshi Nakamoto designed Bitcoin as a decentralized project so even the Bitcoin founder can not have a power to shut down Bitcoin blockchain or change Bitcoin protocol as a single entity, programmer.

Your image attached is too big.

Perhaps a link to the website promoting the news would have provided a clearer picture of the content. But there is a chance that this has something to do with the HBO documentary Money Electric: The Bitcoin Mystery. It is merely an additional method by which HBO generates revenue from subscribers. It is suspected that Satoshi will be identified as Len Sassaman. If my guess is right there is a thread on this topic https://bitcointalk.org/index.php?topic=5511762.0

I think this news was from the fact that HBO I'd planning on realising a documentary about the real Satoshi Nakamoto being identified, but me that's a joke and I didn't bother to care more about it though I  will be curious to say what/who they pick but we all know this is all drama.

Satoshi disappearance made everything perfect for decentralisation, no much sentiment, everyone do has to come to an agreement for something to be modified or updated in the Bitcoin Network. Though even if he's around there will be decentralisation but this may highly be affected by sentiment.

This is purely speculative, and as mentioned above, it might just be tied to the release of the HBO series --they're probably trying to generate some hype. If Satoshi really wanted to reveal himself, he would have done so a long time ago. Why do it now? Staying anonymous is better for him, as it avoids government scrutiny and keeps the current nature of the Bitcoin world undisturbed.

This could be it.

Is Satoshi Nakamoto finally revealed? What HBO documentary says…
 (https://ambcrypto.com/is-satoshi-nakamoto-finally-revealed-what-hbo-documentary-says/)

Satoshi alone can’t give control of Bitcoin to any government. I don’t see developers being willing to add a backdoor simply because Satoshi reappeared. You also need users and miners to go along for this compromised network to be recognized as Bitcoin and that’s not going to happen.


They would need legal justification to seize Satoshi’s bitcoins. As extremist and authoritarian as political leaders might seem, there are still checks and balances that make this scenario very unlikely.

What makes Bitcoin so interesting is Satoshi's anonymity, which adds a certain appeal to it. So, even if an article sounds convincing about revealing Satoshi's identity, I still wouldn't believe that he would come forward or that someone has truly identified him.

It’s reported that Satoshi holds around 1 million Bitcoin, worth about $62 billion at the current price. Just think about it, why would he reveal himself and risk getting into trouble? Not just from bad actors but also from governments that could fabricate cases to seize that huge amount of Bitcoin in his wallets.

HBO, is just trying to put on some show.. it's quite interesting to see that few month after Craig wright, more speculations still falls out of the blues about identifying satoshi.. he isn't dump, a reasonable person would be better to not believe this crap. Like they will just walk up to Satoshi and ask him, " hey mate, ARE YOU SATOSHI? , and he will answer with a loud voice, yes I am, take a picture of me and add me to your show october 8... It all just crap.. going through the video, they literally didn't mention a thing about knowing who Satoshi is. These social media influencers are just passing wrong informations all around the Internet and I'm not surprised as it's a norms..

Why will Satoshi reveal his identity now, when that was his plan to remain anonymous for bitcoin network to grow and survive. Satoshi knows that if he tries to reveal his identity, it will be a suicide mission for him because the government will get him arrested. Putting everyone on confusion who is the real Satoshi, is the fun because the government has no one to hold responsible for giving people financial freedom.

There have been a lot of claims by some persons to be Satoshi and I am not surprised if this is also coming up because bitcoin is currently a side attraction to everyone due to the potentials that it has. Social media is more of wrong information these days.

Vitalik Buterin is present, known and giving interviews, yet we have not heard that Ethereum has become centralized because of his presence, so if Satoshi returns, Bitcoin will not be centralized or affected by decentralization except by what the miners and full nodes will decide. Satoshi's influence comes from the fact that he can access a lot of Bitcoin, and estimates indicate about a million Bitcoins, which means that he will negatively affect the price because these Bitcoins, so far, are assumed not to be moved, but the presence of Satoshi means that it is possible to sell these Bitcoins.

Exactly satoshi appearing now doesn’t mean the decentralized nature of bitcoin will gone, people do not know that the network is controlled by the node runners and that a consensus will be reached for any fork to happen. Look at even miners although there are few that censor transections most others still do not and this is decentralization. Bitcoin is even secure to the point that even a 51% attack will still not affect many things like censorship of transactions.

I will say it is better that Satoshi remains hidden because of his own safety, many will say Vitalik is still around and I say because he didn’t develop the biggest threat to marginalization of the fiat currency. If satoshi surfaces today then his impact will be on market sentiment. Any comments directly from him will cause the Market to change sentiment, him investing into anything will be like an Alpha just like some Shitcoins use Vitalik to shill their projects most of the time

If someone including Satoshi can control Bitcoin, it means Bitcoin isn't even decentralized in the first place. Satoshi, as the creator, has no way control Bitcoin because when there's a new improvement or change in Bitcoin protocols, it can be accepted or not based on majority votes by nodes. If there's an improvement where only Satoshi support it, but the rest reject the improvement, it will not happen.

They know there's millions of people using crypto that curious to know the real identity of Satoshi and they take advantage of the hype will be created by something like misleading title they placed for that show.

But provably it will be the same like Craig Wright situation so I'm not expecting much anything about what HBO will show to their audience.

Right now they are successful catching up our attention since people are now discussing about this matter and read this anywhere I go, so we can say that for sure lots of people will watch their documentary because curiosity would provably rise up if they can really reveal the identity of real Satoshi.

I still   believe that Bitcoin was created as an experiment by the banking elite. It was used to gain knowledge and experience from the creative members of the cyber world. It has been a massive success. The limits imposed in its creation ensure that it will never be a thread to the emerging global CBDCs, but will be an alternative to gold and silver rather than a major daily currency. Its adoption by the banking and investment elite seems to bear this out. I believe the greatest threat to Bitcoin is the accumulation of available coins in large banking portfolios. However, this could be an advantage if the they use it as a store of wealth, and seek tax advantages rather like gold coins.
We can keep it as a public asset for less wealthy people by running nodes and solo mining. Payment for low value items via the Lightning network will also keep it as a valuable asset for " the people".

You've got to be kidding, right? Vitalik is, by far, the most influential individual in Ethereum. He and his buddies essentially do whatever they want with the protocol. Changes in money supply, consensus mechanism and censoring transactions are just a few examples.

If that were true, it would make a lot of sense for the elite to have bought in early. But, they've only recently shown interest, which doesn't align well with that narrative.

Well folks, the hunt continues, or if you really want to continue the pipe dream of knowing who satoshi was.

As far as news goes, no news is lame if you see the perspectives of it. Some people are really into finding the truth behind things, I like that detective attitude and some people are willing to advertise it in order to make a TV show, not that I like that, but I can go with it.

In either case nobody is opening those coins that satoshi owns, so fret not.

This is not true, BTC is decentralized and that would not change even if Satoshi suddenly reappears, the government cannot control the BTC network, even through Satoshi. The network was created to function without any central authority and that cannot change, the only way the government can control the network is if they can force miners to censor tx's.
I don't know why you believe so, but i don't think it is possible for a network like BTC to be created by bankers.

This is not true, banking elite should be the biggest holder now, but they are not, anyone who is responsible for building Bitcoin new that it has a higher chance of success, they would have packed up lots of Bitcoin, instead it is Black rock today running after Bitcoin.

Bitcoin wasn't actually the first, there were two or more and they failed, until Bitcoin was created.

I believe the reveal about who satoshi really is will be the death of a man whom HBO believed to have created Bitcoin before he died, I can't think of anything else that makes sense than this, isn't it a perfect story if the real Satoshi is dead? Haha.

We can't be certain if Satoshi is still alive, given his anonymity from the start. However, recent movements of large amounts of Bitcoin, especially those created during the Satoshi era, make sense to consider that it could be him, so he is alive. The Bitcoins associated with Satoshi are spread across different wallets, so pinpointing his exact holdings is nearly impossible, but speculation with some basis is always possible.

I'm sure there have been many reports on this satoshi era wallets topic, but I'm sharing this one as a reference to support my point.

https://www.coindesk.com/markets/2024/09/20/satoshi-era-wallets-move-16m-in-bitcoin-after-15-years-of-dormancy/

I think this is the documentary that people are talking.

 Money Electric: The Bitcoin Mystery | Official Trailer | HBO (https://www.youtube.com/watch?v=iSF0KGsFuI8)

And this will air on October 8, 2024. Few days more and we will find out what this documentary really is all about and why they are using some hype about the indentity of satoshi being revealed already.

Lets start here.
Bitcoin is decentralized not because the identity of its creator is unknown. It is decentralized because the network that consists of full nodes and miners is not controlled by one entity. Both are well spread around the globe in a per to peer way (there is no hierarchy).

In my opinion the absence of Satoshi helped in one thing, it eliminated a certain mindset where people keep looking at the "creator" wanting to know what he says as if it is the law! Kind of centralized things themselves. But even if Satoshi was around and a known person, Bitcoin would still have been decentralized.

They important keyword here is "speculated".
Gavin visited CIA back in 2011 by the way https://bitcointalk.org/?topic=6652.0
Just sayin'...

As I clarified why Bitcoin is decentralized we can clearly see his appearance will not affect it.

There will definitely be a panic sell but not because of the reason mentioned here but because of what you said above "speculated to have mined a million bitcoin". There are newbies who believe it and are waiting for an excuse to panic sell. Just start a FUD telling them a million BTC is about to be sold and they panic!

Again read why Bitcoin is decentralized. Nobody, including Satoshi himself or the government, can not make any change to the Bitcoin Protocol without getting the supermajority of the network (90%+) to accept that change.
Look at the history of all the changes (aka soft-forks) of Bitcoin...

I don't know if Satoshi is alive or not, but we cannot speculate that those coins that were mined in the 'Satoshi era' and recently moved were Satoshi's, there were early adopters who were very interested in BTC back in the early days and they also mined BTC, maybe it was one of them who moved those coins. The question is, if Satoshi is truly alive and has not moved their coins all these years, i don't think they would do it now, or bring any attention to themselves.

We have to start considering the possibility that Satoshi has died, even if someone was the greatest genius in the world at hiding, as long as the person is still alive, eventually that person will be found, but in cases where a person dies, then they are not found. That is why I do not believe that Satoshi is alive. Nowadays he would have no reason to hide anymore, because governments already accept Bitcoin and his presence would not change the adoption of Bitcoin. So Satoshi has no reason to continue hiding. Now if the guy is dead, then he will not appear in public. In my opinion, what happened was the following: the guy created Bitcoin, remained hidden for some time because at that time the governments could somehow persecute him. But he ended up dying without the people close to him in real life knowing about the things he did on the internet. Therefore, no one from his family will appear to say that the guy who created Bitcoin died. Those who usually appear claiming to be satoshi are liars

talking about satoshi:


source: https://cointelegraph.com/news/len-sassaman-satoshi-nakamoto-bitcoin

We will spend many years always hearing things: "Satoshi may have been found" and at the end of the day, they will find nothing.

Funny if Satoshi is to be revealed, it would be in a TV show and He an individual whose identity has been hidden for years would star in it.
This people are really taking us as been stupid.


But it's presence though wouldn't change the decentralized protocol would make Bitcoin susceptible to things affected by centralization.
Anything he says could be taken at an higher esteem by many users and would make him like a Face of Bitcoin.
It's price could be affected if something happens to Satoshi and would take a massive dip if he's taken into the custody of the government.
Well This would be temporary but would still be a pain in the butt.


Individuals were found after death and there are individuals that were never found alive and after death.
What would he gain coming out of hiding?
Fame?
Money?
He has more to loss been in public than in hiding
So it was smart of him been in hiding and still his (if he's still alive though).
Not all Government have accepted Bitcoin.

The government is not happy with the progress bitcoin is making
Traditional bank owners are not happy
Altcoin inventors are in serious competition with bitcoin
Many naysayers too are not happy.
One can easily imagine the level of pressure that would be mounted on Satoshi if he eventually reveals his real identity. Just like you have rightly said, it is best he remains hidden.

One thing I know might have happened if Satoshi didn't go hiding is, people might vest on him the central authority to control how Bitcoin works, thereby defeating the decentralization purpose of Bitcoin. Satoshi is wise for giving way for Bitcoin to operate the way it was designed to be.

Hey!
I will not attend your show;
I don't care if you reveal Satoshi or not;
I only care about the existence of bitcoin;
Even if you successfully reveal Satoshi, millions of us will not believe you, so no need embarking in such a futile journey;
Even if Satoshi re-appears, it will only create a temporary FUD and everything will calm;
Bitcoin has longed ceased to be Satoshi's project, we are all Satoshis.

But if I may ask, how were they able to know that the person to be revealed in this upcoming TV show was the real Satoshi Nakamoto, the creator of Business, and not the fake one, just like Craig Wright who has been claiming all over the years to be the true Satoshi Nakamoto, and yet can't prove ownership of the 1million Bitcoin Satoshi is said to have mined and kept in a secured wallet. Because to be frankly speaking, Bitcoin has absolutely nothing to benefit from Satoshi reviewing himself now after 14yrs he left. So while we wait to watch this show on the 8th October, I hopefully wish the person to be revealed shouldn't be the real Satoshi Nakamoto.

It's not a conclusive element proving his liveliness, the transaction could have been made by one of his heirs, his wife for example or some of the very first users of Bitcoin. IMO Satoshi is already dead unfortunately, because there are several clues showing he's very likely to be Len Sassaman or Hal Finney in reality. But both of them are dead unfortunately. They've both alive wives afaik, they will become famous, at least one of them though.

You have a very nice point and your definition of Decentralisation is something I'm fully aware of and agree with. However my point is bitcoin currently has something you'd pretty much refer to as a totally decentralised network and Satoshi's presence if you agree with me will alter the genuineness of bitcoin's decentralisation and that's the more reason he left.

There of course would be a panic sell . In addition insist that the government will still try as much as possible to get hold of some coins Satoshi mined before he disappeared.

So far in summary I think I'll just conclude that the biggest effect the network will experience if Satoshi's true identity should suffice promptly is PANIC .

Exactly, FUD and FOMO will accompany Satoshi's sudden appearance. Moving roughly around a million Bitcoins wouldn't bee quite good for bitcoin price will definitely end up dropping significantly.

OP, any news site that claims to know about Satoshi's identity are just doing those news article for marketing and attention and nothing else. Those sites and their articles are full of false news and there is nothing right about those.

No one knows about Satoshi and I believe no one will be able to know that who Satoshi was. It's just fake news created for attention and exposure and nothing else. It's much better to avoid such news next time as those are just created to waste someone's time and nothing else.

Being noted that the uniqueness of bitcoin to other financial inventories is decentralization on the fact that the governments has always been in control of every financial facilities, of course it has been some kind of worries that individuals and institutions couldn't pilot their own financial holdings to their wills anonymously and While bitcoin has the possessions of these decentralized privileges, it gave a more convenient reasons why the public would adopt it for their individual based financial transactions that's exempting the volatile potentials.
Practically Satoshi Nakamoto showing himself up is as breaking the decentralized of protocols because the government would definitely hold him responsible which would surely lead to compromising to centralization.
Perhaps crytop currencies remains decentralized til date because the originator of its first kind of bitcoin hadn't been revealed and his anonymity would keep the respective ness of crypto currencies in general a decentralization.

I have seen many fake news concerning cryptocurrency being promoted on blogs or mostly on browsing apps, most of these news are all fake and used to  generate traffic that is to attract people to their website.You are well informed and know the truth, so these sort of news should not attract you in any way.

If you’re seeking information concerning cryptocurrency or other important news, I believe there are trusted sources, websites and platforms that you can depend on the information you get there, not random blogs or news channels.

That's how the media works, they'll make interesting headlines for people to tick it on their minds and be curious about it so they engage. And whoever made that documentary is also the same thing. Without watching it, there's no need for us to know who satoshi is because he's never unveiled nor revealed himself. And there could be some plot on that documentary that connects the action of satoshi and guess what? it's possible that they'll all put the evidence there including this forum.  :D

It will be disappointing if the man that they will unveil as satoshi in the end is no other than Craig because he likes exposure that much.
And he's never satoshi.

I completely agree to everything that you have said and I want to add that, this is the dumbest news that I have heard. What is the idea behind exposing who Satoshi is, what are their aims for this mission or are they doing this to increase their ratings and views. Satoshi did us a favour by ghosting because he would had been kidnapped by the authorities considering they knew who he was or he is and use him against the market to manipulate it.

I wouldn't waste my time watching any show because they don't have anything on who really is Satoshi but are just lying to get audience tuned in. Satoshi identity getting exposed isn't going to make Bitcoin centralized hence we shouldn't be bothered about that aspect of Bitcoin.

Yes, there are so many genuine websites that give valid information about cryptocurrencies and 100% accurate information is present on those sites. Especially those news sites are flagged ones that pop up of Google stories and promise 100x to 1000x on certain crypto
currency.

I've visited sites where analysts were predicting that XRP could reach $1000 value within few days and that was totally unacceptable for me and that's why I blocked that site so I won't see such news again. I know some good alt coins might move upward when bull run reaches its peak but those kind of useless predictions are only posted to attract more users for their sites and nothing else.

 People will do anything for clicks and likes and all that shit so that should not surprise you. Think of it this way, some bloggers are trying to show their relevance by all means and with a news as controversial as this will certainly set the internet agog and when much attention is given to it and they've discovered they can't follow through with their nonsensical claim, they will cook some lame bs and say it's a fluke; that they too knew Satoshi would not just reveal himself like that!
 Well, this is a story saying differently from what those jokers hoped will trend. they def won't find out who Satoshi is!! (https://bitcoinmagazine.com/culture/no-you-wont-find-out-who-satoshi-nakamoto-is-next-week)

Ok, guys. I have to tell you the truth.

I am Satoshi.

The truth is now out. Although I am not going to prove it, if you can trust HBO then you can also just trust me.

It is big news, and many media outlets, bloggers, and content creators would want to bank on this. It is all clickbait-y and you are right that many newbies or the general public would be fooled by this. It's crazy how these clickbait articles are coming out even before the documentary is out. We do not know what actually will be the outcome of the documentary. I know for sure that many people would not even watch the documentary and just depend on these clickbait news.

Exactly. It does not make any sense that Satoshi would even reveal himself through a documentary after 15 years of disappearance. You'd think that someone who prioritized decentralization privacy and anonymity would reveal himself in a more private way and not on a streaming platform. People do not like to think really.

Certainly not the lamest news. This is nothing new. This isn't the first and this won't be the last. Since there might never be a definitive and conclusive study as to Satoshi Nakamoto's identity, this hunting will continue in the future. In the process, books are written, films made, and some clueless and incompetent so-called investigators are making money.

Anyway, I've also read a thread on Twitter (https://x.com/PixOnChain/status/1842234971433635901) surmising that it would be Len Sassaman who will be revealed by the HBO documentary as the real Satoshi Nakamoto. The evidences provided, however, are nothing more than circumstantial. And there are rebuttals of it being wrong like Len was himself a Bitcoin skeptic early on, or that he preferred reversible transactions, or that he wanted more privacy, and so on.

In the end, this is just another guess. In this guessing game, however, only wrong answers are accepted. Satoshi remains a mystery.

Reachable Bitcoin nodes (https://bitnodes.io/) show Bitcoin decentralization in nodes. In hashrate, it's decentralized too.
https://bitnodes.io/nodes/live-map/

Bitcoin mining map https://chainbulletin.com/bitcoin-mining-map/

We can have examples with Litecoin and its founder Charlie Lee, Ethereum and his founder Vitalik Buterin. People look for sayings of Charlie and Vitalik but as a single person, a founder can be wrong and if development and success of a project relies on a single person, the founder, it's risky to be failed.

Satoshi Nakamoto absence helps Bitcoin community eliminate their dependence on his opinion.

I saw this on my browser as well. I was surprised, but I immediately ignored it because I didn't think it would be possible unless they had made a signature from one of the addresses that could be Satoshi's. It's impossible otherwise. We all know CW is trying to "be" or claim that he is that, but it's not him.

If this were true, it would be a game changer for the whole crypto community, just because the spreading of Bitcoin has this aspect of mystery surrounding it. I don't think it will help, but maybe we should just give gratitude to the one who created BTC.

The things mentioned by you seem more like BS to me.
1.Satoshi Nakamoto doesn't have absolute control over the Bitcoin blockchain.
2.Why would the government(I guess that you refer to the US government) want to seize the 1 million BTC in Satoshi's wallet?
Did Satoshi do anything illegal? I don't remember governments in democratic countries stealing assets from their citizens just because they want to.
3.The potential crash of the Bitcoin price also makes the idea of government confiscation kinda pointless.
4.If the Bitcoin protocol gets changed and Bitcoin becomes more centralized, many Bitcoiners will sell their BTC and leave the community, which also makes the whole idea counterproductive and pointless.

I think most of people who has been long enough in Bitcoin community have been already accepting that the Identity should remain a mystery, and they don't really wants to know who is he. But for general public who only know the Bitcoin from the hype and influencer would really like this kind of content, and IMO that is the target market of this docuseries, I would think this is just for entertainment purpose and would never put much my energy or to think this is a serious journalism.

Not really the lamets. Definitely the most overhyped news by them lol. Like the idea of who satoshi is has already been discussed countless of times and I'm pretty sure HBO just capitalized on their name to create a documentary out of it. Honestly speaking as others have already pointed out, nothing big is going to actually happen even if we find out who Satoshi is. Probably other than people attacking him/her/them continuously for that juicy Bitcoin in their wallet. Even if he comes back he certainly can't sway the millions of people who use the network. Satoshi certainly was someone to be praised for creating Bitcoin, doesn't mean people will blindly follow him like a cult.

Exactly, most of us here have been in the Bitcoin market for many years that we already know that Satoshi has disappeared and will not re-surface. And there are a lot of personalities that had claim that they are Satoshi, and we all know that all of them are fake. Of course, we would have our guesses as well, but since it can't be proven, everything here is just speculation. There are even some here that might believed that this so called revelation will bring some positive news to the market, but it's not, as we can see, we even have minor corrections already after HBO documentaries and revealing another interesting personality in the mix of who might be Satoshi.

Sorry boss, I am!

In fact this is what is going on right now. Its Peter Todd next and who knows which director is going to come up with another such idea and start a new this is satoshi goose chase?

All this buzz is going to draw some crowd to the movies but I think the general perception about crypto to non-bitcoin public is meh, who cares? ::)

They won’t even bother with that documentary, meh, I’m a Bitcoin pro myself and didn’t watch it either. I just checked out some comments here and looks like I was right not to waste my time. So we had Tom Todd, who’s next and when’s the next documentary coming out?

Did anybody watch HBO's PR stunt? I didn't.

Obviously they have no idea who Satoshi really is but they want to use the name of Bitcoin and Satoshi to hype up their own brand. And the fact that so many people are falling for it on the forum is sad.

The sheer amount of topics on this in the last few days has made me look at the community in a different light.

When this one will be forgotten, probably  ::)

I also think that it'll be related to the HBO documentary and it's already a hot topic in some crypto communities. I also made a post on the related thread that you shared, https://bitcointalk.org/index.php?topic=5511762.msg64600291#msg64600291. I guess that the expository theory of the documentary will come and go so that we can move on. The real Satoshi Nakamoto, is better off staying anonymous for the good of Bitcoin generally, as it's stated in the OP, it wouldn't do any good if he/she/they were to resurface for any reasons. For someone who is smart enough to create a decentralized Bitcoin would do anything humanly possible to remain anonymous. Unless he wants to reveal his identity by himself which will be meaningless now.

Of course, it is not serious journalism, are you kidding me? It's called "clickbait" which means to use a misguiding title, header, photo, or anything else that is being shown in an advertisement or an initial interaction with a viewer only to garner more clicks, views, visitors, etc. People who do such things have no actual interesting content for people to read or watch which provides them no organic reach which is why they start doing such things to get more views and visitors.

Someone who has read a little bit about Bitcoin and its history in recent times would know that Satoshi's identity cannot be revealed. He did what he needed to do and disappeared. If he wanted to become public or make himself known, he could do that in the early days of Bitcoin because, during that time, he wouldn't have many issues. But now? There is no chance.

Satoshi chose not to go with the spotlight, for personal reasons and for his own safety and security. Most particularly at the current time where bitcoin is always at hyped. So there's no valid reason why he's going to suddenly break the silence and steal all the spotlight. This is just another fake news and speculation, and those who believe in it are actually those who have no real knowledge about bitcoin's history and its nature of decentralization.

Well that's true that his presence wouldn't have made Bitcoin centralized as he can't do anything to influence the network without the majority of miner being in support of it but there is just the thing about his presence somehow affect even maybe possibly the up and down movement of the market value of Bitcoin because one thing am sure of is that if there is one thing that the government is good at then it's actually frustrating the hell out of project owners especially a financial revolution project like Bitcoin which posses a big threat to their whole financial set up of centralized banking system.

[quote author=Russlenat link=topic=5512028.msg64615609#msg64615609
They won’t even bother with that documentary, meh, I’m a Bitcoin pro myself and didn’t watch it either. I just checked out some comments here and looks like I was right not to waste my time. So we had Tom Todd, who’s next and when’s the next documentary coming out?
[/quote]
I also didn't wasted 2 hours of my life to watch this stuff. I read some reviews about this movie and it looks that only good thing it is PR campaign. Well, they had to make something that people would watch it. It's product for mainstream who have have not much clue about Bitcoin.

I don't think Satoshi's reappearance would be a bad thing per se. I agree that it's better the way it currently is, but it would not be the end of decentralization, as Bitcoin is designed in a decentralized way. Also, it might draw a lot of attention to Bitcoin and excitement that Satoshi is back, which might actually be good for the price (depending on whom the person turns out to be). I don't think any government would have any claim to Satoshi's coins, similarly to them not having claims to anyone else's coins. What they can get very interested in, however, might be taxes, depending on Satoshi's tax residence.

Some want Satoshi's identity confirmation and reappearance but others don't want it.

It's biggest strength of Bitcoin that makes Bitcoin is unique while in cryptocurrency industry and market, there are thousands of cryptocurrencies but none of them can replace Bitcoin, because they are centralized.

I really don't know. It can create both, fear and excitement and because it hasn't happened, we can not know its effects that can be negative or positive on Bitcoin price.

Taxing residents is target of governments and they are good with taxation citizens. Recently in Italy, government made a proposal of taxing 40% of Bitcoin profit because they think it is too easy to get profit with Bitcoin.

Italy Reveals 62% Increase in Bitcoin Capital Gains Tax (https://decrypt.co/286630/italy-increase-bitcoin-capital-gains-tax). They want to increase tax rate from 26% to 42%, that is 62% increase.