Bitcoin Forum

Sometimes I just think, if Satoshi Nakamoto is still around somewhere, watching how things went, would he even be happy with what Bitcoin has become?

Back then it was all about freedom, no banks, no government, just pure peer-to-peer money. But now it’s kinda different. Everything’s about KYC, taxes, regulations, and most people don’t even hold their own keys anymore, they just leave it on exchanges. Yeah sure, Bitcoin’s big now, worth a lot, everyone knows it… but that original “decentralized” spirit feels like it’s slowly dying. So if Satoshi saw all this today, maybe he’d smile a bit but also shake his head thinking, this isn’t what I wanted.

So many original people say that some have deviated from Satoshi's original vision. Maybe he would feel happy and sad—happy because the design has managed to survive until now, and sad perhaps because his vision has not succeeded. Look at Bitcoin; it didn't become a tool for transactions but instead became a speculation, an asset, with centralized ownership of Bitcoin being held. So, large holdings can easily speculate on the market. But indeed, if his vision for the future is to adjust to developments, then he should still trust that his goal is good. However, the world is changing, and I think if he had a vision, it could be revised and reviewed because a vision always adapts to the condition of the world's development. IMO

Sometimes I ask myself if Bitcoin would’ve actually gotten to where it is today if it had only stayed completely decentralized, maybe yes, maybe no, who knows? Yeah exchanges doesn’t really promote decentralized but I think they actually made it a lot more easy and usable for people, like they drew Bitcoin more closer to people and that’s innovation for me. The decentralized nature of Bitcoin hasn’t changed a bit, it’s still the same decentralized Bitcoin with a few tweaks. You could still have 100% control of your keys and your coins, except you intentionally just wanna give it away to exchanges.

We can't say for now and we should not bother disturbing ourselves on what we can't achieve anything from knowing about his whereabouts, he intentionally appeared this way and we should respect that for him as his privacy as long as we keep on enjoying what bitcoin has come to do in the financial system, that is all we needed.


Everyone of us cannot have the same knowledge and impact at the same time, some ha e not gotten to where you and I have been and they are probably still learning, the way we were also far away back then in those days with bitcoin in knowledge, though we can't blame anyone for that, because they needed to go by what they have limited access on base on their exposure, but that is also why we have platforms like this to serve as an avenue for them to catch up with learning and updates.

Why not op, Satoshi Nakamoto is very happy with what he or she has created to saved people from thinking of employment or transactions delay because bitcoin has gone round the world to make the world know what they can do with bitcoin, assume bitcoin still remain unpopular, that is what would have make Satoshi Nakamoto not to be happy, since he or she planned everything about bitcoin well before he established it, he or she have nothing to worry the way bitcoin is run these days, some government regulate it to allow their citizens to show interest and be part of the benefit of bitcoin.

The very first line of Satoshi's Whitepaper says

This means he wanted bitcoin to be electronic money with no involvement of banks and intermediaries. Satoshi intended it to be peer-to-peer coin.

Quoting his post, https://satoshi.nakamotoinstitute.org/posts/p2pfoundation/3


Satoshi expected the price to rise exponentially.

Satoshi also envisioned an Exchange but not like the current centralized ones.

https://satoshi.nakamotoinstitute.org/posts/bitcointalk/88/


He seemed to have an idea where bitcoin would be heading and as it was just 2009 when he talked about these things and bitcoin has lived and thrived alongside with his vision, he would be proud of himself. Though he might not have wanted government regulations, I'm pretty sure bitcoin would attract it when it gets big. 

You can still use bitcoin without the centralized exchanges. Also bitcoin still remain decentralized and you can prefer to go the privacy way if you want. All these have not changed about bitcoin.

About if Satoshi will be happy or not about how many people prefer to use centralized platforms like the centralized exchanges today, only him can answer such question because we do not know his mind.

First line if the Bitcoin Whitepaper.

This function is still available to whomever wants to use it.

While the interaction with Bitcoin might have deviated slightly from Satoshi's
idea the core values still remain.

KYC, taxes and storing your coins and keys online is not Bitcoin, they are all external
factors created by others.

I have said this before - I think Satoshi knew or had a fair idea of how things would/could
play out in general terms.

If he sticks to his original view that bitcoin needs to be used as a peer-to-peer currency between users, without the intervention of intermediaries like centralized exchanges, ETFs and banks. How can he be happy with what is happening?

He created bitcoin to be a peer-to-peer currency for people who were fed up with the traditional centralized financial system. He did not create a speculative asset, nor did he create an asset with the expectation that it would be largely held by centralized institutions and governments. How can you say he will be happy?

If you think he's happy, that's your thought and what you want, and you're putting him in your shoes, not you're putting yourself in his shoes.

No. Satoshi would be horrified.

The project has been co-opted and corrupted, becoming the very thing it was designed to destroy.

On Privacy and KYC: He created a pseudonymous system for individual sovereignty. Now, that system is funneled through regulated KYC checkpoints, creating a perfect surveillance tool for the state. The "elite" can hide their wealth as they always have, while the common man is tracked and traced. This is the opposite of the financial privacy he envisioned.

On Control: The idea that "no one controls Bitcoin" is a comforting lie we tell ourselves. The government controls the on-ramps, the off-ramps, and the public narrative. They've turned a weapon against the financial system into a dumpster for their inflation crisis and a savior for the USD. It's a captive, neutered beast, and most people haven't realized the leash is already around its neck.

On the Mission: Bitcoin was meant to be a peer-to-peer electronic cash system to fight central bank tyranny and fiat inflation. It was not meant to be a "digital gold" for BlackRock's ETF or a speculative asset for hedge funds to profit from the very economic instability it was created to end. It was designed to be the cure, and now it's being used as a band-aid by the disease itself.

Satoshi didn't disappear because the work was finished. He left because he saw this future coming—the inevitable capture and compromise. The original vision is doomed. What we have today is a hollowed-out shell, a tragic parody of its intended purpose.

I believe Satoshi Nakamoto would be very happy where ever he is now, the reason is because, there is no how bitcoin would be regulated, that people will be going to the bank to make make any bitcoin transaction. That quality of decentralization and autonomy of your fund still remains with you, which is the ought most interest of Satoshi Nakamoto.

Another reason that will make Satoshi Nakamoto happy is that, bitcoin that the world never believed in, something that was mocked is now the interest of almost the whole world, the world have seen the need to invest in bitcoin and this rhyme with the saying that, the stone which the builder rejected has become the Chief corner stone.

Bitcoin is one of the topmost digital investment today and that is the more reason why countries, institutions, and private investigators are scrambling to have it, and i think, this is just the biggining, bitcoin still have greater potential and value in the future.

Kudos to the man Satoshi Nakamoto, the man that his knowledge is revolutionizing the world.

You don't need to do kyc or AML checks to use bitcoin.  Only if you want to convert your bitcoin to fiat using a centralized exchange or a bank

Bitcoin made life a lot easier for people in developed countries  I know because I live in Brazil

Nowadays anyone can buy bitcoin and send money basically for free anywhere in the world . Anyone can easily buy bitcoin and have some protecting against inflation. Life wasn't so easy 15 years ago, before bitcoin adoption. Now there is a decent adoption of bitcoin in the economy already.

Satoshi will be happy anywhere he is to see that bitcoin has grown to this level because that was among his expectations. As per the decentralized nature of bitcoin, it's still the same as long as bitcoin protocol didn't change. The problem is that majority of people are adopting bitcoin as an asset for the future and that make them not to care about storing and using bitcoin in a decentralized way.

The very tools of the traditional economic system futures, options, SDRs, and Quantitative Easing that created the systemic disaster in the first place have now been directly injected into Bitcoin's economic system.

This isn't a coincidence; it's a co-option. They have turned our weapon into their life raft.

Bitcoin has become the dumpster for their inflation crisis. It was designed to be a shield against the endless money printing of central banks. But what happened? The tidal wave of cheap capital from QE was funneled into Bitcoin through ETFs and institutional products. Instead of fighting the system, it became the system's pressure valve a speculative dumpster for the consequences of their terrible economic decisions.

The manipulation is now built-in with Futures and Options. The moment Wall Street launched Bitcoin derivatives, it was over. They handed the keys to the same players who manipulate every other market. Now, massive institutions can short Bitcoin, suppress its price, and control volatility, turning a decentralized asset into just another leveraged betting tool for their profit. The price is no longer pure.

The disaster has been fully absorbed. You can see it clearly as Bitcoin's price is now tied to the Fed's interest rates and BlackRock's ETF flows. It was meant to be a sovereign system for the people, but it's become a risk-on asset for the very elites it was designed to bypass.

They haven't just corrupted Bitcoin  they have digested it. The revolution has been turned into just another ticker symbol, saving the USD instead of fighting it. This isn't what Satoshi built.The disaster wasn't avoided; it was injected directly into the heart of the system meant to stop it.

If your invention is thriving after you left then why you are questioning if he is proud or shaking his head as how Bitcoin turns out in today's time? It is still the same invention, the code hasn't change a bit it's just being updated. So the very essence of what vision he might have been seeing when he is creating is still there. And again, if you're invention is evolving and has disruption the financial market then there is nothing that you might have regretted it. On the contrary, he could have seen this as well and that's why he left abruptly thinking that it will grow this big and he might be a target.

Agree with you

The only difference is he was for sure targeted not might
system wasn't ready to manipulate the idea but for sure was ready for him

What you said is partly true, because when it comes to KYC, I think there are many positive aspects to it. The implementation of KYC on crypto exchanges is solely for the purpose of
keeping our accounts safe from hacking. It cannot be denied that crypto exchanges without a KYC system are much more risky. KYC is also very useful for preventing money laundering and other crypto-based crimes. So I think that even though KYC does not make us 100% anonymous, we should look at the positive side of this.

Then, talking about taxes and regulations, I don't think this is something we need to worry about either. Because basically, we live in a country, so it's only natural that the country imposes taxes on bitcoin transactions that we make on the exchange. So, in my personal opinion, this isn't a bad thing. In fact, I'm grateful that even though Bitcoin is taxed in the country where I live, it's still better than being banned altogether. So yes, even though.

Yes, regarding storing bitcoin on an exchange, I don't think this is true for most people. Because I believe that there are far more bitcoin investors who store their bitcoin in their personal wallets. Besides, whether you want to store bitcoin on an exchange or in a personal wallet, I think that is the right of each bitcoin holder.

So, in conclusion, even though we are currently required to undergo KYC (although some exchanges do not require KYC) and pay taxes when buying bitcoin, I don't think this will diminish the decentralization of bitcoin. This is because, fundamentally, no matter what rules may apply in a country, bitcoin cannot change from decentralization to centralization.

Therefore, given this situation, I believe that Satoshi, if he were still alive today, would likely remain proud of Bitcoin's current progress.

It's their money, it's their responsibility to keep their bitcoins safely by owning private keys by themselves. They are change their knowledge by learning, change their mindset, then practice.

• Reminder: do not keep your money in online accounts (https://bitcointalk.org/index.php?topic=5421039.0)
• Events made you scare about custodial wallets, centralized exchanges. (https://bitcointalk.org/index.php?topic=5509759.0)
• Not your keys, not your coins. (https://www.youtube.com/watch?v=AcrEEnDLm58)

Bitcoin decentralization has been becoming bigger and better with time, not worse like you said. What you said is about bitcoin storage on CEX, and other things like tax, regulations but all these things don't affect Bitcoin network decentralization.

YES and NO.
Here are my 2 cents coming from a guy that bought a dottle of Jack at a local club for 0.22BTC and took a UBER for 0.16BTC in 2015
https://talkimg.com/images/2025/10/22/Umu3Nf.th.jpeg (https://talkimg.com/image/Umu3Nf) https://talkimg.com/images/2025/10/22/Umuk4Z.th.jpeg (https://talkimg.com/image/Umuk4Z)


I believe Satoshi would have mixed feelings, but ultimately lean toward being proud. Here's why:
YES - The Technology Stands Strong
Fifteen years later, the core technology Satoshi created has stood the ultimate test of time. The miners are still working, transactions remain secure, and everything operates in a truly decentralized manner without his interference. No one can manipulate the fundamental protocol - the encryption, transaction processing, and mining mechanisms all work exactly as designed.
This resilience and longevity might be something even Satoshi couldn't have fully predicted when he released Bitcoin. The fact that his creation continues to function perfectly without him is perhaps the greatest testament to his engineering genius.
The KYC "Problem" Is Actually a Feature
Many see KYC requirements as betraying Bitcoin's vision, but I disagree. Think about it: if you want to sell a kilogram of gold, you provide documentation, prove ownership, and complete the transaction legally. Bitcoin exchanges serve the same legitimate purpose.
Satoshi never intended Bitcoin to help people hide money or avoid taxes. The vision was financial freedom WITH legitimacy. Having legal venues like Kraken and Coinbase where you can convert Bitcoin to fiat, pay your taxes, and have fully documented income is exactly what makes Bitcoin a mature financial system.
The Real Problem - User Education
Where we're falling short is in how people use these tools. Exchanges should be for transactions - converting in and out of fiat legally. They shouldn't be banks where people store their Bitcoin long-term.
Satoshi's principle "Not your keys, not your coins" has been forgotten. People have confused the tool (exchanges for legal transactions) with the storage solution (personal wallets). This misuse of the system, not the existence of regulations, is what might concern Satoshi.
Bitcoin's decentralized nature remains intact. The choice to hold your own keys is still there - people just need to be educated on how to use the system as intended.


THE NO - Where Satoshi Would Be Furious
But here's where Satoshi would absolutely NOT be proud - where he'd probably "go crazy": Bitcoin is being exploited exactly like the 2009 financial crisis.
Remember why everything crashed in 2009? Money built on top of money that doesn't exist. Virtual money traded with nothing backing it. And now? We have Bitcoin ETFs. Leverage trading. Forex-style speculation on Bitcoin derivatives. This is precisely what Satoshi was trying to escape from.
Bitcoin was designed for peer-to-peer transactions, not as a long-term store of value. All these financial products built ON TOP of Bitcoin - the ETFs, the leveraged trading, the speculation instruments - are fundamentally wrong. They've turned Bitcoin into "digital gold" for hoarding and Wall Street games, when it was meant to be a currency for actual transactions.
We've allowed the traditional financial system to corrupt Bitcoin's purpose. The technology works, the legitimacy exists, but we've forgotten what it was actually FOR.

A Final Clarification: Store of Value vs. Speculation
I know saying "Bitcoin wasn't meant as a store of value" sounds contradictory, so let me be clear: Bitcoin WAS designed to protect your money from inflation - that's different from being a speculative asset.
Here's what I mean: when you hold Bitcoin, you should be confident your purchasing power won't erode like it does with fiat. Bitcoin should naturally appreciate to match inflation, giving you back what inflation took from you. That's legitimate value preservation.
But look at where we are now. I believe Bitcoin's current price is massively inflated by speculation - ETFs, leverage trading, and Wall Street games. The real, inflation-adjusted value of Bitcoin should probably be around $50-55k right now. That would be the baseline that doesn't go below, and from there it would rise naturally WITH inflation, not from speculation bubbles.
The difference? Satoshi's vision: Bitcoin compensates for inflation. Wall Street's corruption: Bitcoin makes people rich through speculation. One is sound money. The other is exactly the casino mentality that caused 2009.
Bitcoin should give you back what inflation stole - not promise you a lambo.

AI was only used for adjusting my European English to a more tolerable and readable level. :D

BTC’s size is so big it’s like impossible to lack some regulation. Show me an unregulated 2T mcap asset.. it doesn’t exist! The problem lays in how it’s regulated tho. It often looks like they’re trying really hard to make everything tough for us. in between shit regulation there’s also good regulation though.. guess we have to wait and find out what the future looks like

Bitcoin have been in existence since 2009, and up-till today bitcoin price keeps on growing, government have tried killing bitcoin, but they finding it impossible, bitcoin awareness keeps on spreading, I feel that alone is enough for satoshi to be proud.

Bitcoin primary aim was to serve as alternative currency, I will say bitcoin is still serving its purpose, actually most people are investing in bitcoin just to make profit, which is also part of bitcoin purpose. As we can see some people are already making transactions with bitcoin, you can now find different stores accepting bitcoin as payment method, so I will say bitcoin is already serving it’s purpose, just that few people are making use of bitcoin for transaction, and we don’t expect everyone to start making transaction with bitcoin, it’s going to be a gradual process, so bitcoin is still serving it’s purpose.

In the same way, you can say, that something works "everywhere except Windows and UEFI".

In general, if people won't be able to convert coins back and forth between fiat, and other currencies, then the whole coin will have a value comparable to testnet.

Also, using Bitcoin under KYC/AML is just like using Signet, where mining is centrally controlled: who cares, that you can do everything "inside" the system, if "edges" are the weakest link? The same is true with Tor, where you can be anonymous only when you are connected to onion sites. Edges are important, because this is what connects Bitcoin with the outside world. If that connection will be blocked, or heavily restricted, then 1 BTC could be worth millions, but taxes and fines can make it hard to legally use it (for example, where you will have an option to lose your anonymity, and pay 19% taxes, or to keep it, and risk 75% taxes, when someone will find you).

And then, if all of your neighbours went through KYC/AML, and you are the only non-KYCed person in a given transaction, then you can be easily detected. Which means, that you can have things as private, as in Monero, but it doesn't matter, if only your view key is hidden, or if all other keys are weak.

What makes you think that if Satoshi is alive it was going to make another difference? Let me tell you what is likely going to happen, Satoshi will be look for and maybe arrested to be force to make Bitcoin more controlling, so we might not really get what we wanted. Him going off the grid completely was the best thing that has happened to Bitcoin and that's the privilege many of us are  enjoying today, you can't make use of this kind of tech without giving him his credit.

If Satoshi was to be active, we ar going to have more people that are going to be sucking his balls because they might want to be the cool people than it would have been better. Just so you know, whether he around or not, the government will still implement KYC fully because its what they do, you can't use finance without KYC under he watch of the government, this isn't about government control it's about compliance with the financial regulators.

I guess he saw this coming already. And that the government will never allow a totally decentralized asset gets ahead with a centralized one, and since bitcoin is inevitable, the government may accept it but with strict rules and regulations, and that’s exactly what’s happening now. However, despite of that, bitcoin is still untouchable, and just continue to impress the crowd. And with this, Satoshi must be proud of. It might not be exactly what he aims for bitcoin, but he knows bitcoin continue to work in process and in progress.

Also add the "asset" part of Bitcoin. That's even why most people hodl it now. I'm not sure Satoshi imagined that Bitcoin would be seen as a speculative tool rather than a payment option.

You're right. Sometimes when I rue why I didn't know about Bitcoin early enough like a year or two when it was created, I console myself that I could've been one of those who lost their Private Keys too. Presence of exchanges helped a lot of people keep theirs as all they need do is just remember the exchange they have their Bitcoin and then the email address used if they forgot their password. With noncustodial wallet, that opportunity isn't available. So, when people badmouth Cexs, they should remember this an an advantage.

Do you expect bitcoin to stay in one position only without another alternative, op asked a really nice question probably if bitcoin stayed decentralized till date do you think the value will still increase? So many curious questions to ask yet you just have to embrace bitcoin current purpose because bitcoin value still remains not minding several times people tried to talk negative about bitcoin. Asking if Satoshi is still proud about bitcoin is difficult to answer and you’ll never get the answer, from my perspective the purpose why bitcoin was created is not same as the first time viewing how the government wants to get involve, not just the government rather creating a regulation means as mentioned but, what I don’t get is bitcoin being treated as an investment (asset) I think Satoshi never had this in mind.

That’s correct-  there’s no KYC if it’s only on-chain transactions. However, let’s be honest, Bitcoin is still very reliant on fiat since it’s not widely accepted around the world. For countries with high remittance fees, Bitcoin can definitely help, but at the end of the day, we still need to convert it to fiat to be able to spend it. So we can’t completely avoid KYC, and that’s the main point I’m trying to make.


“Asset” is just the government’s definition because they impose a tax called capital gains, which only applies to the sale of assets. But in reality, Bitcoin was meant for payment purposes. However, I’m sure they’re aware of its speculative value since it has a fixed supply. It follows a simple principle, when demand is high and supply is low, the price increases. That perfectly describes Bitcoin, given its limited supply.

Doesn't matter what we think satoshi might think at the end of the day we aren't satoshi so we don't really know what he's thinking.

What I know is that satoshi made bitcoin to be truly decentralized, no single entity can control it, whatever comes after it will also be part of the decentralized nature of bitcoin.

Institutional is free to buy as well as individual, it's a blockchain for everyone after all. The current regulation and big player participation is just unavoidable future for an asset that grow very big.

It's not Bitcoin's fault or failure in its pursuit of freedom, as it relates to its creator's concept, but rather the fault of its users when they store their assets on exchanges.
There are exchanges that don't require KYC and might work, or perhaps we have wallets that can in general safely store bitcoin without requiring KYC. So how does one use that? Perhaps both of these issues still seem aligned with the vision for which Bitcoin was created.

The difficulty lies in regulation, as perhaps every government sees this as a bridge to taxation from exchange revenues, as well as decentralization which we consider a freedom that is increasingly difficult to achieve.

Satoshi success today where er he might have been is to see bitcoin continue in serving its purpose and people are more interested in learning about it, sharing ideas and making use of it after the adoption in other to encourage others as well.

We should not be more worried about who Satoshi might really be, only if we can imagine on someone who only creates bitcoin for our use and privacy will now not also maintain the integrity of his own privacy, how possible, we should start to be thinking more about how we can also take part in some of these opportunities and not making unnecessary discussions that talks more about Satoshi when bitcoin is all we need.

It's not even government who bestowed that "asset" thing on Bitcoin. It was there shortly after transactions began on the chain. It's a ripple effect of "hodl". It started when people realized they could "hodl" and profit from an artificial scarcity that it could create. It soon became more of a speculative tool than the necessary P2P it was intended for. So, it wasn't government.

By the way, Bitcoin didn't achieve this price level because of its max supply. Nah! There are coins with less max supply than Bitcoin but with far less price. Bitcoin got to this point because of its firm strong community base. Community is everything in this space.

It is very deep question that best shows the fight between first idea of Bitcoin as freedom and its present state as large financial tool. Satoshi Nakamoto would have been unsure, smiling that Bitcoin survived and it became big part of world, proving that money free of governments is needed. But he would be angry that too many now rely too much on big exchanges not seeing fact that you are meant to keep your own keys, and that all new rules and KYC are making original peer to peer freedom to be lost. Success of Bitcoin has forced it to operate within system it was meant to avoid, and even though technology remains spread out, most individuals use it in centralized way, posing question of whether better tools and education will ever bring back user to original goal of having control over their money.

If my "creation" were used in a manner completely opposite to what I "bequeathed," it certainly wouldn't make me happy.

Based on the purpose of bitcoin, what's written in the WP, and how this electronic digital money is used, I imagine Satoshi would be dissatisfied.

You put it mildly. I imagine he wouldn't have smiled at what he saw (what's happening with bitcoin) and would have simply been upset by the current situation.

Bitcoin at its inception and Bitcoin today are like 2 completely different assets (in terms of application). While at 1st it were decentralized digital money, now it a centralized speculative asset. The reason for this, as you noted, is exchanges, KYC, regulation, and so on.

I seriously doubt bitcoin will be able to return to its original purpose.

Bitcoin is like "atomic energy", which can be used for good, for the sake of humanity, or for destruction. It seems to me that we're slowly moving toward the 2nd scenario (regulation, KYC, centralization, blockchain-based CBDC - Does that sound like digital freedom?).

Furthermore, even if we know what Satoshi thinks and wants, would we do what he wants? I bet we won't do what he says and wants either. We will still use bitcoin according to our instincts and thoughts, in a way that benefits us. Therefore, trying to guess what Satoshi would think about Bitcoin today if he were still alive is pointless, because we will still use Bitcoin in our own way.

Frankly, none of us care about Satoshi's thoughts and feelings, we only care about ourselves and our pockets.

How many times do we have to talk about this same thing. BTC is still a p2p electronic cash, it is up to you to use it that way. I always say, your keys, your coins, so you cannot tell people how to use their keys and how they use it does not change what BTC is. Because someone stores their BTC in a centralized exchange does not mean BTC is centralized, it is as simple as that.

However, why are you worried about what Satoshi thinks or would have thought, all of that isn't necessary. Even if Satoshi was still around, he wouldn't have fought the government and prevented regulations, it was always bound to happen. Neither would he have stopped adoption from countries or institutional investors, because what he created is censorship resistant. So what are you really complaining about here?

We will never know but I guess from someone who's invented another financial system that's now being used globally, he'd be proud of what he has made. While he might not like the intervention of the government but it's possible that's what he wants to happen as well. From having nothing in value through the adoption of the people and now, with the governments. It means that it's a valuable creation and that's why the government never touches anything that doesn't have any value at all.

Yep, everybody thinks for themselves in that regard.

And that's good we don't just blindly follow Satoshi, or his vision, or what he would want - we do everything looking at it from different standpoints, it's the right way.

Satoshi Nakamoto is not dead, he is somewhere observing what's happening in Bitcoin....For me if time is not taken, I would have say Satoshi Nakamoto is still in Bitcointalk and watch what is happening here also...

Satoshi will be happy to Bitcoin, because what he created have gain dominance...if you were Satoshi, won't you be excited for what you have created gaining dominance across the world, it's obvious that you will be happy, maybe Satoshi never knew that bitcoin will be fast in growing but he knew that his currency been bitcoin will be spread and accepted across the world.

Nonsense. Your observations about the situation are completely flawed. Bitcoin was initially mostly adopted by tech-savvy people and other people who resonated with the cypherpunk ideals. This was a very small amount of people. These days there are millions of people that are involved in Bitcoin to different extent. You want to blame Bitcoin and say that it is somehow negatively impacted by this? Instead you should be blaming yourself, your family and other people you know for being average NPCs that don't value decentralization. Put the responsibility where it is, the humans are to blame.

Bitcoin will always be what it is. None of this has any impact on the essence of Bitcoin. Meanwhile, actually the number of people who have strong decentralization ideals in their spirit is much greater than the total number of users that Bitcoin had in the early days.

You do not know that, don't declare things that you have no proof of.

We can't say what's up with Satoshi with certainty, I sure do hope he is well and is getting a time of his life anywhere he is, but we may never know about his real state.

Seems yes for sure because his agenda is focus with anonymity and at the same time is safety, also becomes an inspiration to other developers to create their own coin which we have right now tons of different coins and different uses. Also Satoshi created the use of the bitcoin to ease transactions but now imagine its not only use for this but also as a form of investment, as a form of payment method and now becomes reserve so imagine the project use for the bitcoin right now. But still of course no need to show up just to disturb the community of the bitcoin.

This is such an interesting and tough question,and nobody can tell the mood of Satoshi Nakomoto correctly.It's very obvious that centralized exchanges has taken over the industry,and it has also promoted the adoption of Bitcoin because of it's friendly user interface, it's a choice and a force,if you're comfortable with using a decentralized asset on a decentralized exchange you're good to go.In my own opinion,using bitcoin on a centralized exchange doesn't deviate the main purpose of bitcoin being in existence,or isn't it still decentralized? Satoshi would be happy wherever he is to see he's invention grow and used all over the world,and he's invention also happens to be the most talked about currency in the financial system of the world.

It is impossible for us to know what Satoshi thinks now. Who he was years ago when he first made bitcoin could have changed now. He might approve of certain things but against the rest. Unless he comes out and speaks up, we won't know. I do wonder if people will listen if he ever comes out and says he doesn't like how bitcoin is being used.

Satoshi will ever remain a happy man or a happy group because of the growth of bitcoin regardless that it is moving away from decentralization which was the real intent of creating bitcoin. There is no way bitcoin would have thrived without government intervention and that is just the truth about it. Look how ordinary tariffs that Donald Trump has imposed on more than 90 countries has affected the price of bitcoin not to talk of if they had imposed strict regulations on bitcoin. Whichever way, the government still has the highest power over everything that aids humans existence. There was/is nothing Satoshi can do concerning maintaining decentralization and freedom from the government. Wherever Satoshi and his crew are now, believe me they are extremely happy. Inasmuch as bitcoin continues to exist, regulations and KYC is inevitable except the use of fiats is eradication completely which i don't see happening.

If satoshi Nakamoto and his crew were alive, I believe their reaction towards what bitcoin is today would be mixed, yes they would be happy same time some kind of disappointment though due to how bitcoin is today. They would be happy seeing how bitcoin has been stable for the past 15years without any central authority controlling it, being decentralised has inspired other financial economic institutions and other crypto currencies.
Satoshi and his crew can feel somehow shaken, somehow disappointed because we can see that  bitcoin heights(value) has grown so high such as gold instead of being a peer to peer system in which satoshi described and now use of payments is rare on a daily basis. Moreover bitcoins blockchain has now become transparent and easy to trace other than being private, this would make satoshi full of regret.
If satoshi was alive I would believe he would be like " I'm happy that the network we did is working and everything is going smoothly as they planned but the world has changed so fast other than what he expected it to be.

I did not say thats the fact or proof on my statement, it's exaggeration, read it very well, it was not impose to anyone to agree on my point of view the statement is something I'm not sure it can be consider as a statement of "may or maybe point"

You've got things twisted here. Satoshi created a decentralized and censorship resistant system, and in such system you do not control what someone else does with their coins. The point is, you are your own bank with BTC, how do you create such a system and go against it by telling people you don't like how they use their keys and they should do it your way.

And for the umpteenth time, how people use BTC does not affect BTC in itself, the protocol is the same, nothing changes.

although things might look different now, but IMO Satoshi Nakamoto will be very happy where ever he is right now, why because the bitcoin project is now a big success, and I don't see any reason why Satoshi Nakamoto should be sad, and  even do the exact reason why he created bitcoin for which is just pure peer to peer and also to give people their freedom, privacy and control over their funds, has be tempered with, he will still be happy because the bitcoin project is a big success, and bitcoin is now one of the biggest asset in the world, and despite the slow in adoption of bitcoin at least 4 percent of the world population owns bitcoin, and as time goes on more people will still adopt bitcoin.

In terms of adoption and development, I think he would still be quite proud of this, but when it comes to the initial goal, this may be something to consider.

He may be proud because, for now, the development of Bitcoin is not only focused on one goal, which means it exceeds the initial expectations where Bitcoin was intended as an option for a payment tool. But on the other hand, he may not like this because it deviates slightly from the original goal.

Regardless of these assumptions, we ultimately realize that Bitcoin is currently helping many people, not only in terms of anonymity, but also as a hedge against inflation and a means of financial freedom for many. In fact, quite a few people have become millionaires because of Bitcoin, so I think he would clearly consider this an achievement to be proud of.

You are not wrong in almost all you have said and it is normal that when you invent something, it will not really be 100% efficient as you intended but i still believe that Satoshi is happy with the growth of bitcoin regardless that it's decentralized nature has been tampered. I want to correct something you said which i highlighted in your reply, the bitcoins blockchain was never created to be private without traces because if it was created that way there would have been a lot of fraud and scam because let's assume we did a business and we agreed that the payment should be made in bitcoins and you sent the transaction to me, i can deny receiving the transaction from my end since the transaction cannot be traced in the blockchain, so the bitcoin blockchain was intended for transparency of every transaction made which is a good technology.

I think he'd be happy that even though Bitcoin has grown to where it is today, it remains the decentralized asset it was built for from the start.

As for KYC, taxes, regulations, etc., those are external issues to Bitcoin itself. They only apply when you use a centralized exchange. But if you use Bitcoin, you don't actually need KYC or anything like that. You can transact securely using a VPN or TOR network, and you can increase your privacy.

Basically, Bitcoin has not changed much from the vision he made. That vision remains true of Bitcoin today. Although it is unfortunate that more people treat it as a speculative asset only, in contrast to the real purpose of Satoshi, but it is something that can not be avoided.

Who knows, I would not dare to speculate about what Satoshi is thinking since he is the only one knows what is in his head.  Back then it is hard to buy items with Bitcoin, and one need tons of Bitcoin to buy anything.  Yes, the government don't take notice of Bitcoin and does not inquire about KYC because there is almost no trading back then.  All we had is just an exchange of Bitcoin from one individual to another individual in the form of gifts. Obviously the government won't make a fuss over  a small amount being gifted by its owner.

Now that Bitcoin is well known, it can't be help for the government to meddle in and set regulations and law about Bitcoin usage.  After all, the government wanted to "protect" its citizen from something that they cannot control.

Regardless of the implementation of KYC from centralized institution, if I am Satoshi, I would be happy that my invention helps a lot of people and stay strong and decentralized after all the attempt of the government to impose centralized authority in the decentralized blockchain.

What proof do you have for any of this? There is no proof to show that he is alive or that he is dead, neither is there any proof to show that he is on this forum (with a different account, obviously) or no longer on the forum. There's no point in speculating about such things, even worse when you say things like that with so much conviction.

I believe Satoshi will be happy with Bitcoin as it is today. The idea was to create an alternate currency that is decentralised. He achieved that. If people use it more as an asset today, it doesn't take away the currency features. Anybody who wants to use it as a currency will still use it. Anybody who feels the traditional money system is not something he can work with and wants more privacy and self-custody can use Bitcoin. So I think he will be happy with bitcoin as it is right now.

The involvement of centralized platforms like CEXs, ETFs and institutions, or that many of us use these centralized platforms, does not change the core purpose of bitcoin. Bitcoin still maintains its decentralized nature.

But one thing we need to talk about is Satoshi did not create bitcoin to be an asset, an investment. He created it solely for the purpose of using it as a currency to eliminate interference and dependence on intermediaries such as banks or governments. But look what it has become, we have turned it into an investment and not only that, we are dependent on centralized entities like governments, institutions, banks. We have never been free of them and we do not want to reduce dependence on them.

It's hard to say that Saotshi is very happy and proud about this.

I think if Satoshi Nakamoto was really observing or doing everything from where he was today, it is natural for him to have such a feeling. Of course he would be proud because he created Bitcoin to fulfill the purpose of surviving in the world without a central bank and it has succeeded. And now the big people and big companies in the world are showing a lot of interest in Bitcoin and they are investing in Bitcoin to change their financial position. However, it would be a little painful that people do not keep their own keys now but they leave them in exchanges which are basically like the banking system. But anyway, we know that Satoshi created Bitcoin and did a lot of good in the world, especially we are getting our financial freedom through Bitcoin.

Satoshi Nakamoto was happy with the price at which Bitcoin came into the market and the price at which Bitcoin is now, and he felt proud of himself. However, if he were around, he would expect the price of his Bitcoin to go even higher. If Satoshi Nakamoto were alive, there would be other things that would make him proud, such as El Salvador's announcement of using Bitcoin alongside the US dollar, various large transactions through Bitcoin, and the ease of use of Bitcoin. Currently, the supply of Bitcoin is limited, but miners are working to increase the production of Bitcoin. In that case, we do not know what level the Bitcoin supply will reach in the future, but it is conceivable that this Bitcoin will be in people's mouths someday.

Nothing is perfect in this world, especially those created by humans because in the end we will see some things that are the weakest points. Bitcoin is still running according to Satoshi Nakamoto's vision even though governments sometimes try to suppress its implementation and decentralized nature. Every transaction is recorded and can be traced because that is what most people want when it comes to transactions and if it is not recorded people will not want to make transactions using Bitcoin because they do not have proof of the transaction.
We cannot judge completely because after Satoshi created bitcoin he disappeared so we can conclude that Satoshi Nakamoto does not need any judgment regarding the results of his creation.
Sometimes he himself never predicted that Bitcoin would be in a situation like this where many people use Bitcoin as an alternative to create financial freedom.

You as an individual, won't you be happy if you find out what you created in the space of a few years is widely used and being talked about globally, even some countries presidents are talking well about it.

Satoshi, wherever he is now, will be so proud that Bitcoin is worth a lot. The government didn't succeed in pulling it down when they tried at its early stage by making negative remarks about it. It survived through it all, to come out stronger to make the whole world interested in her as what can give everyone the financial freedom they are looking for.

I think he would probably still be proud, despite all these strange changes that hinder anonymity, as well as the fact that there are many scam projects in the world of cryptocurrencies, but overall he would be very happy that, despite the speculative relations in cryptocurrencies, people still use them and Bitcoin is still respected, considering it the most important digital gold, which will most likely never die and will not be replaced by any other coin.

If it were me, I would have mixed feelings. Although bitcoin has become popular and used globally, it has strayed from its original purpose.


Even though the government failed to bring it down, they are integrating it into their system and moreover, most people are compromising with it without any resistance. Many people even support deeper government intervention in bitcoin simply because they think it will help bitcoin prices rise.


After all, we're not Satoshi so it's hard to know how he feels. We cannot represent him when we do not know who he is, what he thinks, what he wants.

Well if Satoshi nakamoto happens to be alive and see what Bitcoin has become, he would be atleast proud that Bitcoin has been adopted by many and his dream being achieved even though it didn't go as planned but would pathly happy.

Surely Bitcoin may have shifted or drifted from it original road map according to the founders intention, but however Bitcoin has not totally lost it decentralized nature or value because we have non custodial wallet that people can still transact without KYC and no government authority and control like bank and centralized exchanges. At least Satoshi will still be proud that Bitcoin has made it way up and being recorgnised and it still function as an alternative to fia currency which can not be altered since it's operation is still running on Blockchain and it's database is stored on the public ledger. Which is visible and it's transparent unlike bank that can not be accessed from anywhere and anytime. So there are many reasons for Satoshi nakamoto to be proud of Bitcoin.

Bitcoin is now heading into global adoption, so it won’t be surprising why we are facing now constant rules and regulations, and guidelines here and there that deal about bitcoin. This is a sign that bitcoin is upgrading, compared before where bitcoin is like a nobody, and that no one recognized its own value. So there’s no valid reason why Satoshi won’t be proud about his innovation, even if we have seen the slow progress towards bitcoin, even if things for now aren’t working based on how Satoshi planned out bitcoin.

Despite how things have changed for bitcoin, there are still reasons to celebrate and be prouder about bitcoin, and I think Satoshi has already seen and felt that. Bitcoin may be more regulated these days, but still bitcoin remain uncontrollable by the government, which means people still have the full control over their bitcoin, not the exchange, banks or the government around.

And most importantly, bitcoin continues to work for us targeting financial freedom and security, which is Satoshi’s goal for us, despite of the tough road and difficult challenges set by the government itself.

You are actually right, growing rules and regulations show that Bitcoin has moved from being ignored to being something that is been taken seriously on a global scale. When something starts attracting attention from governments and financial institutions, it’s usually a sign that it has real influence and staying power.

Well, the owner certainly has the full control over its bitcoin, as long as he’s a responsible one. However, with decentralization nature of bitcoin, due to strict regulations made by the government, it’s like they are slowly controlling bitcoin away from us, away from the real owners. But bitcoin is made for the people, not for the government, that’s why no matter how they would want to take full control over bitcoin, it won’t be completely possible. That’s one the reasons why Satoshi should still be proud of his own invention, as the people benefit more from it compared to banks and government.

It is only natural to be positive about our creation even though we know to ourself that it is not that great. I think Bitcoin protocol won't ever be changed anymore because this is what makes it unique and in demand. Also it is existing for a long time now, and yet the basic fundamentals are still the same. If you are in for the asset use of bitcoin, then you are likely a long term holder and that may not be as per the vision of Satoshi how he wanted bitcoin to be, no sure, but I am also belonging to the group of people who prefer bitcoin to be a mix of both asset class and currency.

By considering the blocksize design of 1MB, I need to conclude that Satoshi wanted bitcoin to be an asset because for a day to day currency to handle millions of transaction for every 10 minutes, 1 MB blocksize definitely not enough. This way, Satoshi must be too happy with the current value of bitcoin.

To Satoshi, wherever you are and whatever your circumstances, thank you for creating Bitcoin as a tangible resistance to the authorities. Although his initial goals have not yet been fully achieved, I'm sure he would be very proud to see his creation grow so rapidly today, becoming so popular, opening eyes that freedom is real and, importantly, that everyone can have it, and control it in their own hands. I hope that in the future, I see more and more countries legalizing Bitcoin as legal tender.

We even didn't know if the person is still alive yet or not. This would be one of the reasons on why Satoshi should show up, to give each us clarity on some things. Whether we like or dislike what he will say, we can not ignore it already because we are also curious of his come back so we will get answers for many questions like why we have halving rather than reducing supply on every block. Bitcoin is still being used as a currency despite the fact that many people are treating it like an asset. So, I guess that Satoshi will let to us to choose in whatever way according to our personal choice.

Yes, I believe that bitcoin will continue its journey with both of the use cases. It would be up to the people to decide how they are going to use bitcoin, nothing can be generalized here. So, if Satoshi has been watching how bitcoin is doing, I am sure that he must be proud of his own work.

He would definitely be proud because Bitcoin succeeded. It's been accepted by banks and governments. That's why the things you mentioned exist. As for people holding their own keys, let's be honest, that's never going to happen.

Today, you don't need to register on a CEX or go through KYC to use Bitcoin. You don't have to disclose your BTC holdings to anyone. In many places, you can pay directly with BTC. Considering this is only a 15 year old technology, the progress made is a huge achievement. That's definitely a success story to be proud of.

I also do imagine that but bitcoin probably wouldn’t have gotten here without those things that makes it feel like it has lost it way, it probably might have lost it way to some peoples believe about bitcoin but still remains what it is just the fact that KYC and government involvement and other stuffs which most people basically disliked which is a reason they embraced bitcoin but today they can’t avoid them except they run their own nodes or something but at least in terms of price he surely will be proud of what he did.

Let’s just say he’s not proud with what’s happening right now, can he make positive changes? Or he’ll just continue  silently watching bitcoin and the crypto market and continue to anticipate good things for bitcoin?

My point here is, whether he felt proud or not, still he can’t do nothing with it. But for me, I’m actually proud of bitcoin and what it will become in the future. Don’t mind the government rules and regulations, they’re just adding up some spices into bitcoin, which makes bitcoin even more famous and interesting especially for newcomers. For now, I’m happy with what I’m seeing with bitcoin, and still rooting for future global adoption to finally come.

Satoshi himself will be in the right position to answer the question. His purpose for coding Bitcoin is still being their own and there are those who are still using it for that sole purpose, which is one thing he will be proud of as long as he is able to provide a solution and solve a problem he should still be impressed, 

What we see today is something which is inevitable as a developer's own aim is to provide something which people will use. It's now left for your targeted audience to decide how they can go ahead with that. Some consider exchanges now as the best place to save their coin bringing in the banking system.

I don't think Satoshi would had even been able to stop the industry from going in the direction that's currency going because for anything to receive full support from the government, they'll always want to control it and all that's happening now would had stilled happen for Bitcoin to gain more global acceptance. Satoshi won't be proud but there wasn't anything he could have done to prevent what's happening from happening because it's still the community that'll determine what happens and so far, almost everybody seems okay with what's happening as alot isn't being done to stop what's happening from happening.

Basically - governments want to control everything, including Bitcoin and all altcoins in the crypto industry. The problem is, governments can't control Bitcoin - which is known for its decentralization. They can only control users by imposing strict regulations and eliminating privacy. Governments know they can't control bitcoin - so they'll just tighten the rules and regulate exchanges and all custumer to be KYC/AML compliant.

I believe he is or would be. So much to be proud of. He got to work with some of the greatest minds. How lucky was he that he communicated and worked with Hal. Decades of others work proved impossible links up with the group who hadn't given up and message delivered. The timing was remarkably perfect. It takes a village to raise a child and Bitcoin is another beautiful example of that.

Yes, Satoshi will not be able to stop the industry from heading in the direction it is currently going. Because basically, when he created bitcoin he decided to give all the power to the community. So he will have to accept bitcoin becoming whatever the community wants it to be. Besides, I think even the community cannot stop government intervention if they want to. No one can stop the government because after all, this world is still under their control and management.

But what's interesting is that I don't see many people objecting, most agree with government intervention. This shows what people need is profit, not privacy.

Bitcoin big , but how big it is? Still only 6% people is using the bitcoin. Bitcoin right now is the industrial thing to grab. I think satoshis true vision will be complete when almost half of population accepted the Blockchain technology and start using it as a daily life transaction. I belive that is the only true vision Satoshi Implied for ruled out the banking system technology.

Privacy and other issues may not be as expected. However, Satoshi has proven that the bitcoin he created has become an asset recognized by governments and the world, and is now worth a significant amount. What's remarkable is that even large corporations and governments are now trying to adapt to the global economy by adopting bitcoin.

What's even more impressive is that central banks are now experimenting with blockchain and creating their own cryptocurrencies, called CBDCs. This means everything is moving toward decentralization, even though Bitcoin itself has become a tool for speculation and investment. Governments and corporations are increasingly holding more bitcoin because they accumulate more than ordinary people. But this is also a step forward in digitalization and blockchain adoption. Without Satoshi's creation of bitcoin, digital payments would likely have continued to be conducted in fiat currency between banks, not across blockchains. At least now, things are more colorful.

You are quite right that crypto world is split by power of users and power of government, and between making money and privacy. As long as Satoshi Nakamoto handed over Bitcoin to community, it will be whatever users want, yet governments will have final say since they have power of controlling such things as banks and taxes and it is hard to fight them fully. Your most clever point is that most individuals do not fight government regulations because they are more concerned with making money and easy way of trading than original goal of privacy and being totally free of control, meaning search of profit has made industry accept regulations that Bitcoin was made to prevent.

What goal do we want to see other than this that he has done for Bitcoin. He says he want it decentralized which means there is nobody that I'd going to control Bitcoin, it's all about people's choice and that's exactly what's happening today. Since Bitcoin is a decentralized assets, we should expect different opinions from different people and Bitcoin is going to mean different things to different people, it's not a must that Bitcoin will be all about what he want.

You can see people has invested billions of dollars into Bitcoin, if such people are ready to invest this kind of money into Bitcoin, then we have to be ready to accept their opinions too. If they see Bitcoin as money, they are more than welcome and if the see it as every day to day assets, then they are still welcome. There is nobody that is not welcome into Bitcoin, I'm sure that if he is alive somewhere he is going to be happier seeing how influencing Bitcoin has becomes.

But governments will only make Bitcoin a legal tender unless they perfect the legal framework and figure out how to regulate us. There will never be a time when the government will legalize bitcoin and allow us to use it freely without tracking and controlling us. That means we will no longer be free because then our daily spending in bitcoin will also be tracked.

Satoshi created Bitcoin with the intention of reducing our dependence on them and giving us freedom. How can we have freedom when we expect them to legalize it and enact a legal framework to govern it?

^ There will always be a choice to use BTC besides where the government would await it.

It would still be our choice.

I guess he/she/they would think that "i gave it a shot, but the disciples always f* up the religion too".

Original spirit is far from what this beast has become. Everyone is trusting governments to adopt it and to pump it up with reserves.

And people blamed ethereum for being centered around the founder, only to give all the momentum to richest man on the planet and now most powerful man on the planet.
Hoping that trump would pump the price and bless the coin.

I thought influencer whales were bad for it, but this is some next level bootlicking. This was supposed to be resilient against the power, not on their mercy.

Bitcoin has completely deviated from its original purpose. Not stopping there, the purpose of bitcoin is to reduce dependence and move away from banks, governments and centralized organizations. But most bitcoin investors expect more regulations, more institutions and governments to adopt and hold more bitcoin. How happy would Satoshi be with all this?

Honestly, I don't know what he was thinking but based on his original intention when he created bitcoin. I also believe he would not be happy or proud of what bitcoin has achieved today.

If we review Satoshi's main goal in creating Bitcoin, it is not for its high value, digital currency has goals such as being decentralized, transparent, safe and so on, that is the essence of creating Bitcoin, not for its exchange value.

If Satoshi saw the current Bitcoin price situation, I'm sure he would be disappointed, it's not what he expected, if the price of Bitcoin is high automatically the costs are also high, if you look at Bitcoin, it's now beyond its creator's path. which was designed as an alternative to banking, was actually used for large-scale adoption and investment.

^ Sooner or later, that would happen.

BTC is for everyone, retailer and big whale alike. Because it's freedom.

I ask myself if Satoshi and the early developers were already aware it would happen at some point, or if they truly believed adoption would happen in a different manner, following the original principles of decentralization and privacy.

Or maybe Satoshi hasn't even been concerned about it from a collective perspective, since what matters here is the fact the individual has the possibility of using Bitcoin in a decentralized way if he wishes. Therefore, he has only reasons to be proud of his invention.

Satoshi has made the difference on the lives of few individuals around the world through Bitcoin, and it's already enough to consider it a success, besides the fact other individuals can also have the difference made on their lives, if they still wish. Despite regulations, Bitcoin is still the same. Depending who is using it, he can still have access to BTC's essence.

What Satoshi wanted is now being realized, and if he is alive or secretly observing everything, then Satoshi would certainly be very happy. He wanted a massive change in the world's transaction system that was not possible in any other way, and it was only possible through Bitcoin. He wanted people to create their own transaction base instead of long lines at the bank, and that is what is happening. Satoshi should be happy that most of what he wanted is being implemented and more will happen in the future.

What cost are you talking about here, cost of mining BTC? If that is what you mean, then that depends on a miner's electricity cost, cost of hardware and other maintenance cost. And again, you cannot be 'sure' of what someone else will do or think, so you cannot be sure that Satoshi, if around somewhere, would be disappointed.
What is wrong with large scale adoption in a censorship resistant system. Satoshi created the system to be free for anyone to adopt, so why do you think he will hate it that way, when that was what he created. And BTC is still an alternative to fiat.

Honestly, I think Satoshi would have been both proud and disappointed, as you said.  On the one hand, Bitcoin has been a real success. A cypherpunk experiment that went from zero value to a global asset class, sounds like a fairy tale!  On the other hand, yes, the KYC hassles and centralized exchanges have somewhat ruined the be your own bank vibe

But in my opinion, the real beauty of Bitcoin is its irresistibility, no matter what the core protocol has not yet bowed down to anyone. Despite all the ups and downs, Bitcoin is still decentralized, bulletproof, and borderless, if you can really use it the way Satoshi intended.

Run your own node if you need to, hold your own keys, and stay away from custodial platforms. So I would say Bitcoin has never lost its soul, some users may have.

It has not ruined anything. People make choices and they have to live by the consequences of the choices they make. When one makes the choice of storing their BTC in binance instead of in Electrum, that is their choice. In bybit instead of Foundation Passport, still their choice. It does not affect BTC, neither does it mean someone else wouldn't make the right choice and be their own bank.

The freedom to own bitcoin is literally gone, but only the rich and wealthy men gain the most advantage to own bitcoin while leaving the poor ones struggling to own bitcoin. And worst is, those bitcoin they owned, they never use it as a currency to gain financial freedom, but as an investment for selfish aims just to make profitable gains.

The main goal for bitcoin has been twisted. Instead of using it as a currency to achieve financial freedom from the government, it turns out bitcoin is only maximized for selfish gains, to get rich in the process.

Satoshi is definitely going to be proud of bitcoin, I know bitcoin isn’t serving its main purpose, the main reason why bitcoin was created was just to serve as alternative currency, but for bitcoin to still be active till today, then satoshi will definitely be proud.  We all have seen obstacles which bitcoin has faced in the past, but bitcoin price keeps on growing. If you check bitcoin price around 2009, 2010, then you will know that satoshi will definitely be proud, I don’t think people believed that bitcoin will get to the current price, and as we can see bitcoin price keeps on growing.

Bitcoin isn’t used for transaction by so much people yet, but few people are still making use of bitcoin for transaction, am sure with time, more people will definitely be making use of bitcoin for payment. Just the way the adoption keeps on increasing, more people will start making transactions with bitcoin, but it’s going to be a gradual process.

Satoshi himself wanted Bitcoin to become a strategic reserve of a country in the future, with companies storing Bitcoin in their strategic reserves with their own funds. Bitcoin has become more updated than Satoshi himself thought.
Bitcoin is no longer limited to peer-to-peer transactions, but is now on its way to becoming a global currency. When Bitcoin was born, the whole world did not show any interest in Bitcoin, but Satoshi himself can say how happy or unhappy he would be with Bitcoin's current popularity.

You're right, Bitcoin has become very valuable and that alone would make him proud knowing that what he introduced to the world has become the most valuable digital asset out there I don't think there's anyone that would come up with such ideas that Satoshi's that won't be proud currently and I believe that he'll be more happier in the future cause Bitcoin has the potential of going up against gold and could achieve that milestone in years to come, it's something we're all looking forwards to.

Regardless of what is happening now about KYC and government trying to come into Bitcoin by imposing tax as you have pointed out, Satoshi will still be happy if he was here today. One thing you have to realize is that, you can't compare Bitcoin in it's early start to were Bitcoin was almost free and nobody wanted to get it.becausr little was known about Bitcoin it was still see as an experiment which was bound to fail by many people including the government of many nations. Turn around the hands of time and bitcoin is not thesame again bitcoin is now one of the biggest assets in the world.


Nobody can argue the fact that Bitcoin has become so much success that government has to naturally step in, because of interest and what they can also make from Bitcoin as a profit so I don't think that Satoshi will be disappointed by what Bitcoin has turned out to be because the essence of Bitcoin been created is still fulfilled.

That's because bitcoin has started to gain attraction from the government due to the noise coming from people hyping bitcoin, and it's all over the social media, so most likely the government is now starting to eye on it. And now different set of regulations are out which steals our freedom for bitcoin, in which Satoshi may not like it if ever he's watching us afar. So probably he isn't proud of the current government restrictions towards bitcoin, but I'm sure he's proud of what bitcoin has become.

Bitcoin is now called as the digital gold, aside from knowing it originally as a currency. So it's certainly a plus points for bitcoin while we are still working on its global adoption. Satoshi may be sad with regards to how the government attack bitcoin, but I know Satoshi must be proud about bitcoin deep inside.

In whatever way you think about Bitcoin today Satoshi will be proud of himself seeing what he created coming to reality and used for the purpose of what he created it for, remember that Bitcoin was created to be an hedge over inflation, purchasing of goods and services online without the interference of a third party, to have financial freedom from our traditional banking system.

Seeing all these is aim coming to success the way the world is roaming and accepting bitcoin, will be fulfilled wherever he his.
Bitcoin purpose of creation is not dieing but growing beyond expectation and breaking boundaries towards the right and brighter direction nobody knows it will become what it has today.

Is Bitcoin being used for the purpose Satoshi intended? Are you kidding? According to bitcoin's white paper, he created it as a peer to peer currency that does not require the intervention and permission of a third party like a bank or government. But let's see what we're turning bitcoin into.

We turned it into a speculative asset hoping to get rich quick, using centralized services like CEX, custodial wallets to store bitcoins. Not stopping there, we welcome and support the intervention of governments and organizations, and pray they will buy the majority of bitcoin. How can we say that Bitcoin is being used for its original purpose?

Although bitcoin has become popular globally, it has completely deviated from its original purpose. I don't think he'll be overly happy with this result.