Bitcoin Forum

From an experimental whitepaper to a trillion-dollar asset class — has Bitcoin gone beyond even Satoshi’s imagination?

My guess is he could have never imagined that the project would become so successful.

Surely satoshi didn't prefer this kind of success as he disappeared the moment wiki leaks featured BTC donations thinking it was too early.

Likewise, without a proper scaling solution YET, bitcoin has already met institutional adoption. This is way too far from the initial vision of being an anti-systemic tool to counter banks. Now banks and stock brokers are looking into bitcoin ETFs and mining stock portfolios. It's a crazy timeline we live in.

Satoshi said following: I'm sure that in 20 years there will either be very large transaction volume or no volume. This means that he was expecting Bitcoin to reach this level of success but what kind of success this is, it's another question. Transaction volumes are definitely significantly up, especially compared to 2010 year, when he wrote this post.
By the way, two years ago, when Bitcoin ordinals were spamming the network, there were so many transactions in the mempool that the price per the simplest transaction was up to $20, which is insane.

I also want to say that to my mind, Satoshi wouldn't like Bitcoin ETFs and the way Bitcoin's direction shifted from being a solution to modern e-commerce problems to becoming a thing of manipulation.

In my opinion, Satoshi did not think that Bitcoin is a reserve or asset that people see today. He  just wanted to create an alternative payment system, where people could transact without relying on banks or governments.
Basically he wanted to have control over his own money. Which he was able to see success in just a few years, after the invention of Bitcoin but now it spread like covid, that may not expected Satoshi.

I believe Satoshi has already predicted that bitcoin will be successful in the future. This could be the reason why he is the largest holder of bitcoin so far that amounted around 1.1 million BTC. However, this is not his focus why he created bitcoin since the original goal for bitcoin is to serve as a virtual currency that can be used as a legal tender, or a payment system that can be used to buy or sell goods or services. But since this isn't yet completely possible due to non-support from government, hence bitcoin as a digital asset becomes popularly known these days that have been taken advantage by big whales or even those big, private institutions that are now hoarding bitcoin.

Satoshi Nakamoto is a human like us and he did not know about the future.

In fact the Bitcoin founder actually expected two possible scenarios in the future for Bitcoin. It's logically that as a founder of Bitcoin project, after spending a lot of time and efforts for it, Satoshi Nakamoto wanted Bitcoin to succeed but he was realistically about Bitcoin possible future.

theymos asked and Satoshi Nakamoto answered. It's about transaction volume, not about price but it's clearly that transaction volume reflects demand on Bitcoin that is related to its value and price.

What's with this odd generation? (https://bitcointalk.org/index.php?topic=48.0)

This will depend on what goals he sets for bitcoin.


If his goal and expectation is that bitcoin can become popular globally but it must be used for its original purpose as a peer to peer currency. No interference from governments, banks and centralized organizations. I don't think he would call it a success.

On the contrary, if his goal is for Bitcoin to be accepted and become globally popular, with huge transaction volume regardless of how it is used. He feels what bitcoin has achieved today is an unexpected success.

But in the end, we still cannot know what he truly wants to see in Bitcoin and what he wants it to become.

We do not even know exactly what Satoshi had in mind for success. There are different forms of success. For some success might mean bitcoin being adopted by numerous institutions and countries but for some success might just mean bitcoin being adopted not by the big institutions but the average citizen. Satoshi might not have intended bitcoin to be used a certain way. We would only know if we ask him directly.

This question is very personal, so it is very difficult to know exactly what was on Satoshi mind. His decision to remain anonymous has prevented further information about his vision for Bitcoin from being fully disclosed, even though the project he is building is now rapidly developing. To get an opinion or find clues about his feelings after Bitcoin reached the level of success it has today, we can look at the whitepaper that explains it in detail and his communication with the community at the beginning of Bitcoin launch.

While there is no guarantee he never expected Bitcoin to achieve such massive success and high value, his email conversations regarding Bitcoin "as a completely decentralized peer-to-peer electronic currency system with no third parties" and his continued involvement in the early development of Bitcoin, ensuring its underlying code was robust and secure, suggest Satoshi was very serious about Bitcoin and expected it to have a bright future with wider adoption. He has left absolutely no definitive explanation since he disappeared around 2010, but the breakthrough he made has opened the eyes of most elements of society from different financial levels in looking at money and blockchain technology.

Can it be that one of the ways Satoshi never expected bitcoin to be used is in the way whereby everyone is using bitcoin as a model of a store of value where everyone is holding bitcoin instead of spending it for daily transactions. Satoshi had created bitcoin as alternative to fiat system of financial transactions but I am not sure he had envisioned it that people would be rather hodling it than spending.

no one knew the intention that Satoshi had towards bitcoin and no matter what it might be look at the level of attention bitcoin now have, and it might have started from an idea and from there the implementation and other things follow and the innovation got a massive response, globally now no one does not know about bitcoin and people are even considering it as a retirement plan and others so with this kind of things shows the level of trust that people have in bitcoin and the way volunteer awareness were happening was just amazing at some point if you are not investing in bitcoin you are making big mistake.

Just that, whether Satoshi expected it or not the name Bitcoin will exist forever because even countries want to invest, seeing the profit El Salvador made, some want to use it as there reserve instead of gold. This is because gold has been used long enough.

Of course, Satoshi wouldn't be happy with Bitcoin ETFs because that wasn't how he designed bitcoin to the stored. However, I think that there's no way bitcoin will get to this price so quick without third party involvement in trading bitcoin because it will make people who are skeptical on bitcoin be free to adopt bitcoin because it shows that the government supports it.

For a technology that was able to eliminate the use of a central authority, of course Satoshi must have had high expectations from it.

He already knew how the government would respond once they see what bitcoin was becoming, so he took the earliest exit and stayed hidden.

Bitcoin has so many potential that may be yet unlocked. Satoshi would be very proud of his genius idea now, and we all are grateful for giving us this wonderful technology.

I agree.  But at the same time.  Satoshi would have probably expected this to happen at some point in the future if Bitcoin becomes a big success.  But I at least hate ETFs and such things because the more financial power is concentrated on a single entity, they can become an influence.  Other wise, I would not mind ETFs at all.  What I care is that I and the rest of REAL Bitcoin users can use Bitcoin the way we want.  I believe this is what mattered to Satoshi too for the most part.  ETFs can bring a lot of attention so there are positive sides to it too.  What should matter most however is how the base layer and the actual Blockchain functions.

Wish I had spare merit!

Even Satoshi would not believe what bitcoin has turned into, or maybe we might be thinking different from him but from what I have always perceived bitcoin has changed directions, seems not to be against but for or a tool for the same people we wanted freedom from, yet in terms of price it has performed really well but do we loss ourselves (core tents/intentions of bitcoin or satoshi) to the price of bitcoin? not sure anyone will like to do that.

I share the same idea. Satoshi has planned well on his invention, and make sure that it will become a mainstream in the next possible years, and definitely become a threat to central authority because it's decentralized, meaning they will have no full control on any decentralized system. So most likely, he knows already that bitcoin will hold a bright future but since he doesn't want to gain the spotlight way back the, he chose to make an early exit and let the people enjoy his invention.

And yes, people are really taking advantage on it, because it turns out to be a profitable investment aside from being a good virtual currency.

I don’t know how best to say it but yes I believe bitcoin already exceeded the expectations of satoshi and whoever satoshi is, he will be very proud of himself now and Howfar the project and coin have grown so are into a global recognized asset and since the primary goal of satoshi was to have something against what the local banks offered, it is already a thing of surprise seeing even banks considering ironing some bitcoin which some government are already buying into.

His intention of creating Bitcoin was to make an alternative of the native Banking system, an asset that has no regional restriction and can be owned by anyone. He wasn't looking for popularity, neither was he expecting it to get the attention it already has now, but to make something that has no control by some set of bodies. He might have foreseen this, maybe not to this extent or way above what it already is.

The decentralized nature of Bitcoin is what creates room for attraction of the institutional bodies now, of which was their first nightmares, which made them to fight against it at the early days. I think Satoshi will be pleased with his creation and satisfied with what the result would ever be in the long run.

I don't see it that way. Satoshi is wise and brilliant, and he will never take the most of his time developing bitcoin without future expectations from it. This is common sense that even an ordinary developer will always root success from his invention, much more for Satoshi because his invention is never an ordinary but a life-changing creation.

Bitcoin has become successful because it was designed by Satoshi in the most successful and productive way. And no one can question it but let bitcoin's success deal on it.

He already believed this would be a successful project in the future because he saw the weaknesses of the current centralized financial system and was confident that many people shared his vision of realizing a decentralized financial system that was more open, transparent, free from the interference of a single authority, and accessible to anyone worldwide.

He was confident that his vision for Bitcoin would be a strong foundation for the future, a fair financial system where everyone could have full control over their assets and a system that allowed everyone to contribute to the network.

That's why he had already fully designed everything, and he even continued discussing it on forums in the early years with several other users to ensure Bitcoin's continued development.

I doubt satoshi expected Bitcoin to reach this level of success so quickly, but the important thing is that he planned for it. That should be a lesson to people who are creating things. You should always leave room for a best case scenario to thrive, even if you don’t expect it. Bitcoin is a perfect example of why.

Satoshi made this huge success and never thought of it before to have gone to this extent, it comes more earlier than expected, which the whole world appreciates this alternative currency, same thing also applies to us, sometimes we don't expect something to go big the way we planned, until after we start before new see how acceptable it becomes by the people to consider, just as Bitcoin turned today.

You really think so..
They don’t give an actual f about it’s decentralization, infact their plan is to create a centralized system out out of it and people seem to be falling for it.
They said “if you can’t beat them, join them”.. No one can beat/halt its decentralized system , they must have realise  that by now..
That is the whole point of the increase in institutions these days they are trying to find a way to control a large portion of it.

Did Satoshi expect all this?  Well, when he wrote the code and paper that started it all, he clearly thought what he was building was very important.  He believed a decentralized, trustworthy digital cash system was the solution to the problems with regular banks.

He made it strong, limited in supply, and scalable in its unit.  Heres how he talked about the decimal places:


So, he was planning for a future where people might use tiny pieces of a coin.  those eight decimal places gave it flexibility . He thought that the number of whole Bitcoin might seem small compared to the number of transactions and users worldwide.

Satoshi may never expected this level of success but he is always in high anticipation for bitcoin's success. And since bitcoin comes with perfect timing, people got easily attached on it simply because its the best product of innovation that is being introduced to us, although majority are still skeptical on it during its early years of existence.

However, bitcoin proves to us that its not just a simple creation, but a highly advanced and practical tool. And the fact that it comes with a bonus becoming a profitable investment, that even attracts the people and lead it to its instant success.

One thing is certain, he aims for his bitcoin to succeed, but maybe not so fast like this like it become a sudden mainstream that totally put all centralized institutions in awe with how swift the people resort into adopting bitcoin. But maybe if its not for a profitable long-term investment offered by bitcoin, people won't be so addicted with bitcoin accumulation, but just like what reality tells us, where there is money, that will be people's priority.

The important thing is, we are reaping good profits from bitcoin, that's why its success is inevitable.

It is actually something that can be answered by Satoshi only. However, I believe that Satoshi is a person who creates something with clear goal and he should know whether it will succeed or fail. If you checked again what he ever said in this forum and in the whitepaper, I'm sure there was no statement showing he was doubtful with Bitcoin future. So if Bitcoin can be a great asset and its adoption is quite massive now, it was all predicted by Satoshi.

By the way, it is quite strange that you doubt Satoshi's imagination after he created Bitcoin which is truly out of other people's imagination.  :-\

He had expected it to grow but I'm not sure if he has got this in mind to be this huge, and this isn't the limit yet of its growth.

Wherever he is and sitting around if he's still alive, he's happy to see that it's being adopted, used and considered as one of the best assets in the world.

But if it's with the usage, I guess that he simply wanted it to be used as an alternative to fiat and not a store of value.

That statement rather meant that Satoshi was not certain about bitcoin future. So, he said "in 20 years, there will either be alot of people using bitcoin or there will be no one using bitcoin".

But I can't say he didn't really anticipate this. He did, but then, he wasn't sure how it's gonna happen. He believed his scarcity model and decentralisation, but he was scared of the scalability.

Someone with such vision and hardwork put in to the project and already planned his disappearance he knew it would be this successful, at the point of invention it was what the world craved but only a few saw it as understood what the future could hold and that satoshi envision a successful project but it may not be as successful in the direction he wanted but in price wise a huge success. Hence I’m pretty sure he knew what he was doing and knew too how successful it could be.

You are likely right that Satoshi Nakamoto did not think that Bitcoin would be trillion dollar company, initial idea was to make working Peer-to-Peer Electronic Cash System without banks to send money, and little thought to price and changing world. Initial project was small and technical even when 10,000 Bitcoins were used to buy pizza, it was seen as cheap way of payment, not huge amount. Still, Bitcoin became so large due to two unexpected things the limited number of 21 million coins created first digital shortage, and second reason was lack of trust in banks everywhere in time after crisis of 2008, which made people view Bitcoin as an escape route of old financial system and way to hold value much more than it was initially used as easy digital money.

Satoshi may or may not expect Bitcoin beyond his expectations. Satoshi predicted Bitcoin would have a large transaction and he thought that Bitcoin would be an alternative payment besides fiat.

We see what happened to Bitcoin. Bitcoin becomes big and some people use Bitcoin as an alternative payment.

We don't know if Satoshi expected Bitcoin to be a reserve fund like what people did. But we never know what is in his mind because he still hides somewhere.

Which institutions are attracted to its decentralized nature as institutions like ETFs, CEXs, Banks are trying to attract people to invest in it through their centralized services? Or are companies making it their treasury asset but most are using 3rd party custody services to store their bitcoin?

None of them care about the decentralization of bitcoin and neither do many of us. Most are attracted by the volatility and returns that bitcoin offers. Today, from institutions to companies to retail investors, few people care about bitcoin's decentralization, privacy, or original purpose. It all focused to the profit it can bring.

Bitcoin has achieved success in just 16 years, a remarkable achievement for a coin that was initially intended as an alternative payment method to become an investment asset. Yes, Satoshi may not have imagined Bitcoin would reach this point, or perhaps he already foresaw its future success, considering that technology was developing at the time when Bitcoin was created. But the big question is, is Satoshi proud of what Bitcoin has achieved today? Considering it has strayed from its original purpose. But I don't think there's anything wrong with that, because even though it's currently viewed as an investment asset, Bitcoin can still be used as a means of payment.

Satoshi imagined and we don't know how much of his final fantasy is, meaning Bitcoin will never go beyond Satoshi's imagination. If Satoshi were alive today, he would say that Bitcoin's journey has only just begun.
Satoshi: Why can't we even imagine where Bitcoin will end up? Satoshi mentioned in one of his writings that Bitcoin will reach $10 million. The day Bitcoin reaches $10 million, maybe Satoshi will go beyond the limits of the last prediction.

Bitcoin was originally created against fiat currency, many people are using this Bitcoin, all kinds of goods are bought and sold with Bitcoin in all countries where Bitcoin is legal. And if this Bitcoin is used as a holding, then that person is able to get several times the benefits after a few years, no matter how you look at Bitcoin, it is the key to success. However, Satoshi has achieved more success than he expected, because Satoshi disappeared long ago after seeing the success of Bitcoin.

Did Satoshi say bitcoin price would hit $10 million? Are you sure what you are talking about because I don't think I have missed anything this big in all my years in the market? It would be great if you could provide evidence for what you say.

The only thing I know from bitcoin's white paper is that he created it to be a peer to peer currency. He didn't even create it to be the speculative asset we're turning it into, let alone predict it would hit $10 million.
I even think he would not be happy with what bitcoin has achieved because it completely deviates from the purpose for which he created it.

I don't agree with you on this, I can describe someone like Satoshi as a visioneer because for anyone to come up with something like Bitcoin such a person will be seeing things beyond the ordinary levels. Satoshi knew that Bitcoin will become successful this way that is why he must have disappeared after launch. Satoshi saw and knew what Bitcoin will become in the future.

I think we are just seeing the success of Satoshi's plan. At a time when we could not find any means of transaction in the financial world without a third party, Satoshi has created something that the world has never imagined. His plan certainly indicates that he is trying to implement what we cannot imagine. I will not say that his plan with Bitcoin has been successful, but it is moving towards success and he will definitely succeed. What is important to me now is that Satoshi may not have imagined that people would accept Bitcoin as a symbol of their trust so quickly.

Satoshi Nakamoto, the creator of Bitcoin, probably couldn’t have predicted the immense popularity that Bitcoin would achieve. When he published the Bitcoin note in 2008 and initiated the first transaction in 2009, the basic idea was to create a decentralized system that would enable peer-to-peer payments without the need for intermediaries, such as banks. Although he believed in the potential of blockchain technology and cryptography to solve the problems of a centralized financial system, Bitcoin’s popularity has grown exponentially over the years, both through media attention and through the growing interest of investors and the tech community. Satoshi was likely aware that Bitcoin would attract attention, but he may not have been able to predict its current position as a global asset and digital gold. Either way, Bitcoin has become a much bigger phenomenon than most people could have imagined at the time.

Of course yes, he does and that was the reason why he created it, he knows some day bitcoin will and even supercede it's present stage, these are people that sees and understand the future would be like, therefore he was able to see through and predict the future of bitcoin in the bit to help the globe control inflation through bitcoin since the economy is at the verge of collapsing, therefore used bitcoin as a means of financial freedom to the world at large, which has gone far beyond his imagination.

Bitcoin is indeed the only means of transaction in the financial sector that does not require a third party but the problem is that it is not used that way. Bitcoin is only used as an investment and store of value. Or is it being held largely by centralized institutions, and even many bitcoin users are storing their bitcoins using third party centralized services. Meanwhile, his purpose in creating it was to use it as a peer to peer payment method, and not depend on a third party. Based on his original intentions, Bitcoin has not yet succeeded and is still far from the kind of success.

Your point is exactly right although Bitcoin was first made as person to person digital cash system that does not need banks, it is not used in that way by most of people now. Instead of this, it is mostly seen as long term investment or digital gold. Another way in which many users go against first idea is holding their Bitcoin at centralized companies other than keeping it on their own. Due to this, one can say that Bitcoin has not been successful in its first goal as daily payment tool, despite it being extremely successful investment thing.

His holdings have nothing to do with his belief about Bitcoin getting successful or not in the future when he was creating it, because he didn't hold that amount so that he can spend it later when Bitcoin becomes successfull, because if that was the case, he must have already started moving his Bitcoin from that wallet, but he is most probably never going to use those bitcoins because he wants to keep his identity safe, and if he takes that step, that will take her one step closer to getting his identity reveealed because authorities won't leave him roam free after he is known.

However, he did know that Bitcoin will either die and have no future at all, or it will have a very bright future because he also said that Bitcoin will either have a lot of transactions or no transactions at all after a decade or so, and that simply means that he was confident about his creation that if people start using it, it will spread very fast.

I bet he knew already that it will turn successful once the people will continue to use and adopt it. But he never have thought probably that bitcoin will be so much successful like this that it has even threaten fiat currency and digital currencies of centralized banks. What Satoshi isn't very sure is that how people embrace bitcoin and continue to protect it from the shadows of the government and banks. And up to now, I'm quite sure that if Satoshi is silently watching, he's very much amazed about bitcoin.

The thing is Bitcoin is so freaking successful that now I lean in the camp that thinks "Satoshi" was a group of people, who probably worked for the government. Just way too successful for any single person to have coded and launched. Although of course I could be wrong about that. I do like the idea that he was just some dude with a revolutionary idea who is now probably dead.

If its indeed a team of people, yeah I think they'd have to be thrilled with the success of their project. Who knows, maybe they are extraordinarily wealthy and were mining blocks outside the Patoshi pattern.

I actually do think so. He could not have finished writing the code, if it weren't for some strong conviction that he solved a really important problem. In fact, I think the reason he stayed for up until 2011 was that he wanted to make sure the main client contains no bugs, so that he can finally pull the last decision that would complete bitcoin; removing the creator.

No, Satoshi had already considered that Bitcoin can reach this level of success.  Just by looking at how the code is created, after all the Bitcoin is mined, Satoshi think that the transaction fee will suffice to continue motivate miners in mining the Bitcoin network.  He won't design  such a system if Satoshi does not think Bitcoin will be massively adopted in the future.

He might know that one day the price of bitcoin could go this higher and when adoption could be taking place rapidly.
One about bitcoin is that as the year keep passing by that is how it picks most people interest to start accepting it as a payment methods, investment tools or as a strategic reserve fund which many countries has started sinking millions of dollars into bitcoin investment. Do we talks about the institutional investors or traders?

He couldn't have hidden himself from the world. He believed in his innovation that someday this will make a big transformation. Now this has been happening. Maybe his identity too might've brought some setback. Just for that, he hid himself, providing just the innovative technology to the world. Initially none believed, and slowly things changed, and mainstream adoption is on the rise. He believed in its success for sure, but his thought of eliminating intermediaries worked to a certain limit. But in different other forms, the success has taken Bitcoin to a much better position.

This is just like saying that the inventor of aeroplane never knew it could fly very high.
Satoshi knew that bitcoin will get to this level and beyond, he was already seeing the future in bitcoin when nobody could. To me I still believe that bitcoin hasn't got to the level that Satoshi envisioned it to get to, when it gets to that level, that is when we will see the first transaction from his wallet.

To my mind, the price of Bitcoin wasn't the most important thing for Satoshi. Satoshi created Bitcoin to solve the problems that were available in e-commerce world. The price of the coin is a secondary if Bitcoin solves the problem what it was supposed to solve.

You didn't understand well what I said. The person above me said that satoshi could have never imagined that Bitcoin would become so successful and my answer was that he could imagine that because he said that in 20 years Bitcoin would either have a very large transaction volume or not. I've never said that he was certain about the future of Bitcoin.

When you are solving what you saw as a problem and of course to the general public there wouldn't be any limit of expectations rather you only see how things are going in alignment of your original plans, yes he knew that some day Bitcoin will get to where it is today because he practically gave us what will be of great interest and importance, Bitcoin is not just a trend but a trend that will last forever because more of the success is yet to be unfold we are just in the Genesis of this era, it is just a matter of time and many will understand this more better.

Speculation about what was on Satoshi mind is never-ending and always interesting to discuss after Bitcoin has developed into something extraordinary and had a big impact on the financial world. Satoshi would certainly be very amazed and never expected Bitcoin to achieve the success it has today, even those of us who have joined this forum are also because of the effect of admiration for Bitcoin so that we need broader knowledge to be able to utilize each of its advantages properly.
At this point, I am starting to think that Bitcoin will continue to grow and become an integral part of the global financial system, as evidenced by the fact that several countries and large companies are starting to treat Bitcoin as a hedge against inflation and global economic uncertainty. In the long run, investors will experience significant benefits from Bitcoin.

Maybe, but probably not.

I don't think Satoshi will ever do anything with the coins that are watched by the people.

Only Satoshi can accurately answer this question, being that he put so much in the creation of Bitcoin I think it is a possibility that he might have had wild thoughts of Bitcoin actually reaching this level of success. He might have had the wildest imagination about Bitcoin success but what we can wonder is if he envisaged the process by which Bitcoin can have a geometric adoption and success. As some have said maybe he didn't think about ETF, institutional investors and government strategic reserves, these are presently some of the factors that are responsible for the fast growth of Bitcoin. If Bitcoin were still on the level of being used as an alternative currency to fiat I don't think that we will see anything near where it is today.

To understand this, you have to realise the goal of Bitcoin. Bitcoin was created to make borderless transactions without any third party; as a result, Bitcoin becomes an electronic cash that would run without any third-party involvement. That means the goal was to create an electronic money, not as an investment asset. But nowadays Bitcoin is becoming more popular as an investment asset, and day by day it might become a global reserve, though it might take a couple of decades.

So from the above discussion I can say Satoshi never imagined that Bitcoin would reach this price point. This was the first cryptocurrency, since it wasn't created as a stablecoin; hence, the price keeps going upward and reaches that price. He expected that the Bitcoin project would succeed, but success doesn't mean he expected that kind of price and adoption. Everything seems to happen by community support.

Some will go the route of CBDCs, and some - for BTC and LN and so on. There will be two camps that would want to have an edge on another, control over potential 8)

If he didn't imagine it then why did he start it. I think Bitcoin might have even underperformed for how big he expected it to be right now. Me joining the industry late yet I still expected Bitcoin to be bigger than this in regards to adoption and not price value. I didn't expect the price to be this big yet I thought by now that Bitcoin will be so mainstream that it can be used comfortably for different things globally. I thought most countries would have adopted it by now but the numbers I'm seeing isn't encouraging and looking like the government are intentionally sabotaging it's adoption. But overall, Bitcoin has achieved alot and alot of credits has to be given to it because not all innovation does this well within a short time. As the industry keeps evolving so will Bitcoin adoption too.

The more demand grows from each party, big and small, the more  BTC will be accepted as the thing it was envisioned to become.

We've got lots of work to do still.

What are you talking about? If he really said that, he basically stated that he expected it to be a success(Large TX volume) or failure(Zero volume) which are the obvious outcomes if you think about it.

I doubt that will ever happen thanks to world governments trying to manipulate it and other crypto using KYC and other tools at their discretion.

^ Hm. But you would always have an option to avoid such platforms.

Don't see them trying to manipulate it, but rather get a flow of potential and funds from it too.

I believe the main aim of Satoshi for creating bitcoin is to establish a trustless cash system which does not require anyone to place trust on any intermediaries to be in possession of their money or manage transactions for them. Bitcoin came as a solution to the crisis of 2008, Satoshi wanted people to transact directly with themselves without having financial institutions to act as middlemen while the virtual money remains valuable and free of depreciation that comes with fiat on the long-run. It tends to preserve value, Eliminate trust of third party and give rise to P2P transactions while it is being carried out securely over the network.

I'm not a mind reader nor a fortune teller. The only way to find out is to discover the real Satoshi and ask him(if he's still alive).
I've always thought that Satoshi left the Bitcoin community because he was disappointed with what Bitcoin had become back in the day.
Maybe "Satoshi Nakamoto" was a team of developers hired by the CIA. ;D We will find out the truth someday...
If Satoshi is a real person and a cyberpunk anarcho-libertarian programmer, I can assume that he probably would've been very happy with the Bitcoin ETFs being approved by the SEC and all the corporate hype around them.

In my opinion, I think Satoshi want people to be involved in Bitcoin, he wanted to earn people's trust so they can understand why he created Bitcoin. He obviously doesn't want it centralized so people don't see him as a supreme leader or cult of Bitcoin, he want people to accept it that's why he left the community to do it and it was a very successful decision. Who knows if he has been there all this while making contributions to it without anyone knowing he was the real one.

What if Satoshi is among us but under a different identity and has continue to do everything like other developers. Nobody can tell but all I can say is that he has made a good decision which is a remarkable influence on the surface of the earth. Nobody in this life that use the internet that has never heard of Bitcoin, if they haven't they might have come across digital currency like other altcoins, when telegram airdrop exploded, many people were all participating, this was foundation of Satoshi and nobody.

Only Satoshi can answer the question. But I think he knows that Bitcoin will be successful. But the level of success he feels Bitcoin will attain is what I cannot predict. There have been so many conspiracy theories about Satoshi. But most of them have lapses. Institutional investment in Bitcoin is pushing many Bitcoin investors to centralised platforms and I assume he might not be pleased with this development

In terms of the value we currently have now, it's unlikely satoshi and earlier investors didn't see bitcoin getting to this value. What is likely a possibility is that they saw bitcoin being recognised globally like this which is why it was created by system that stood this many years and still remained as a relevant asset.

At this level, the growth of bitcoin has gone beyond the personality of satoshi alone. It's now more of a globally accepted phinominum that has grown into something that now controls the financial strength of the world.

That only means that they are underestimating their craft but I believe many inventors are not like that but they always believe on the potential of their project even if it they knew to their selves that it wasn't really good enough.

But as for Bitcoin, it is on a different scale anymore. So yeah, its founders already predicted that it will get this far. This is not the final phase of adoption. Everyone knows that but the first transaction of Satoshi must have been written already long time ago. People are still watching the wallet activity if the coins on it will be moved and if Satoshi will finally reveal itself but maybe you are right that this can happen once the adoption is in full phase. 

Since Bitcoin was created by Satoshi in 2009, it has been published on the crypto market and we can see from The Vision and Purpose of Bitcoin’s Founder – Satoshi Nakamoto (https://melanion.com/the-vision-and-purpose-of-bitcoins-founder-satoshi-nakamoto/), That's what Satoshi Nakamoto said.

For this reason, from the quote above, it can be concluded by looking at the current price of Bitcoin, meaning that is not Satoshi's goal, he wants Bitcoin to be used as electronic money, to make transactions easier for the world community. This means that Satoshi does not imagine that Bitcoin can be successful at a price above $100k, it is no longer like Electronic Money, but a very expensive digital asset and investment asset, because its value is constantly moving.

He was very clear all along: it was a very binary proposition in that it would be wildly successful or a failure.  Every year it didn't fail increased the odds of it being wildly successful as nearly 16 years has shown.

I'm pretty sure that he's confident about his creation, that it won't become centralized, no matter how much institutions or governments try. How will they make Bitcoin centralized? They can only make platforms centralized by implementing KYC and taxes; they can't do anything to the network itself, they can't stop or alter transactions, they can't block wallets or restrict them from making transactions if the wallets are non-custodial. So, Satoshi knows all this; he knows that they can't do much with Bitcoin and its network, they can only implement stuff on things they have created.

He knew that if Bitcoin spread around a little bit, it would become successful for sure because he created a solution to a very big problem that exists all around the world; so many people in all parts of the world are unbanked, or those who have access to banking facilities are not always satisfied because of all the paperwork, questions, and everything that they have to go through even for using their own money. Satoshi created a solution for all of them.

Maybe not to this very extent. Satoshi may have had a vision of Bitcoin as a decentralized plan B to traditional money, but the level it has reached, it's mainstream adoption, the institutional investment, and a trillion dollar market, that may have really gone far beyond that early vision. What began as a little experiment in digital cash just turned into an international storage of worth and financial movement. Hence, it is not wrong to say that even Satoshi would be surprised at how much it has accomplished and how far it has come.

On the contrary I think he had it all mapped out, every step, every progress and every success. Maybe not every step but I’m pretty sure he knew bitcoin was a masterpiece and would blossom into what it is today. His disappearance says a lot about it, he knew Bitcoin would be so powerful and successful that some people, government would attempt to get to him, which is why he chose to disappear into thin air. Yeah it’s true that it was initially more of a peer to peer asset, but I think he knew that Bitcoin as a technology would one day develop into something much more bigger and better.

I want to say that Satoshi never expected this but deep in my mind, I know he has already anticipated something like this for bitcoin. He knows the potentials of his own invention, so he probably set some expectations what will be bitcoin in the future, and by looking at it now, bitcoin has turned into a mainstream and influence a lot of people. The government felt the threat that is why they are moving now towards adopting bitcoin. Otherwise, if they can't beat, then there's no reason not to join it.

When you create anything, you always expect and want it to be successful, that is the mindset of a creator. Therefore, it is not surprising that Satoshi expected and believed bitcoin would be successful. But in reality, whether it will succeed or not is up to the community to decide and no one can guarantee that, not even Satoshi.

So I think Satoshi would be amazed at what bitcoin has achieved. I also don't think he'll be happy with all that's going on because bitcoin hasn't been used for its original purpose. It was not to be used as a currency but as an asset, and this was not in his plan.

I think Satoshi probably never imagined that Bitcoin would become this big. His intention behind creating it was to create a new type of financial system that would not rely on banks, but the trillion dollar market it has become today was not Satoshi's intention. Today, with the global acceptance of Bitcoin, with investments from big companies and the attention of governments, it has certainly surpassed his expectations and will continue to do so in the future.

We are not Satoshi, we cannot know what he is thinking and feeling with what bitcoin has become today. But if we rely on his original intentions as presented in the bitcoin whitepaper or in his previous conversations on the forum. Bitcoin has deviated from his original vision, so we cannot say that bitcoin has been successful.

To me, those who say Satoshi must be very happy and satisfied with what bitcoin has achieved. They’re really just expressing their own thoughts and feelings as bitcoin investors. They don't really try to put themselves in his shoes or recall his original vision.

I do think that he didn't envision such attention to his creation, but, well, here we are.

Bitcoin is transforming into something bigger than it is now, and everybody today wants some of it. Crazy times if we look into the past  ;)

I would not argue much because every innovator always want the best for their project and Satoshi is not exempted from such thought because he already forsaw the future of his innovation and I believe this was also amongst the reasons why he disappeared after Laszlo did the first Bitcoin transaction with pizzas and his disappearance also helped to give Bitcoin a good boost as it made Bitcoin more decentralised in the making. It was a calculated steps by Satoshi and it is currently playing as he wanted it to and this is just the beginning.

Perhaps Satoshi never imagined that Bitcoin could become so successful to this level. But I think what Satoshi hoped for is exceeded as what he imagined. And I think he would be proud to see the current state of Bitcoin if he were still alive today. I'm sure the Bitcoin's success is a tangible manifestation of Satoshi's struggle as no struggle is in vain. Great ideas can bring the great change. I personally feel that Bitcoin has become part of the financial history of this world or even part of the civilization of this century. And I'm sure the OG Bitcoiners are also proud of Bitcoin's success so far as they probably never imagined that Bitcoin could be as successful as it is today.

I would not see anything as casual about bitcoin. It's like to toss a block with a single hash...
I mean it's to hard to fit all details about bitcoin in a few pages and having something that runs perfectly for years and years.
There was an interesting point that I read sometime ago. Bitcoin is an experiment "one of a kind" it can't work two times....

I knew he has already expected for bitcoin's success, but not sure though as to when will bitcoin will stay in the market and become as successful and profitable it is.

Bitcoin's growth and progress are unstoppable and we can all agree with it. And as long as we remain in the market and make consistent demand for bitcoin, bitcoin's success will reach to another level, despite how the government is setting a trap for bitcoin and for us the bitcoin community.

He is really visionary but 2 trillion FDV after 2 decades, I'm sure even the most visionary people wouldn't have seen it coming. Now with ETF and many more on top of that.

I'd like to think that he's giving alternative to people, a cashless solution as an option for people who seek something other than fiat but it become really big because the tech is just so good.

I think he didnt expect this.
And I also believe that if he’s still alive, he would be sad to see decentralization and the crypto market going like this.
Projects hiding in the shade of decentralization... but behind that shade lies a market where scams and fraud make up 99% of everything.

If he could design something like this, how could he not have foreseen its future success? He must have thought about it all and seen Bitcoin's future success, believing in his vision that more people would be interested in Bitcoin as an alternative payment method. Perhaps what he didn't fully anticipate was how Bitcoin would be turned into an ETF by large institutions, even though he understood that Bitcoin adoption would eventually become more widespread, but it would be for payments and direct ownership, not an ETF.

No, Bitcoin never went beyond Satoshi's imagination.
I said this according to my research that the best way to thrive or create a successful business is to look for a problem people are facing, create a solution to it, and monetize.
In Satoshi's case, he saw the flaws in fiat currency and the government model of monetary operation, and he introduced a solution to it through the creation of Bitcoin, which is always the best way to create something innovative, and if it solves a problem people will adopt it sooner or later.

I can sense that Satoshi sees the future success of bitcoin even before, but I guess he never imagined that people will embrace so much his invention, and will trust it over a traditional fiat that has always been backed up by the government. As much as Satoshi realized what will be the real essence of bitcoin in achieving financial freedom, the people have seen it as well. However, since adoption is still in process, the people have no choice but to stick bitcoin as an asset, and later on use it as a currency when everything is alright then.

Satoshi wanted to give people an alternative to have freedom and control over their assets and so he created Bitcoin because he knows exactly what the people would want, why do you think he has remained anonymously unknown till today? That's because he has already predicted the future that Bitcoin would be accepted and appreciated globally and as we can all see for ourselves Bitcoin is a hit more like a record breaker and he has seen it from the beginning, every creator just need to believe in their creation and that was exactly what he did.

It's hard to tell, but of course if we treated Bitcoin like a whole new business concept that is being brought onto the market.. only two things are bound to happen, either the product is a success and brings in sells or product is a flop and no sells are recorded..

So for Satoshi to have stuck around for a while in this Bitcoin world, he has developer had to be the number 1 believer, the number one hype man, otherwise no one besides him believed in the potential success!

But for bitcoin to blow over to where it's reached today, I think he might not have expected this kind of success  ::)

I think Satoshi was intelligent enough to predict this could happen. And obviously, decided erasing his/her/their identity was probably a good thing.

But for whom or what was it good? So that governments would not bother him or jail him for whatever political reason? Maybe. So that the Bitcoin community would not be another community of idol-worshippers instead of actual developers. Bitcoin is community first instead of idol first. Afterall it is the community which decides the future path of Bitcoin. Not some famous person who will say anything that they hope will make them more liked... I can understand if Satoshi did not wish to be tempted at that level.

We might never know. But I will write Satoshi Nakamoto, thank you and hope he reads my words. ;D

Obviously Satoshi had never thought nor imagine that bitcoin would travel this far, but I would say that there is still some level of confident in him when he was busy mining bitcoin. and he didn't have a short term mindset but long term mindset so therefore I can partially say that he knew that bitcoin will go far but the truth is he don't know the exact point.  Looking back in those years I think there are other assets and gold could be one of them, and alot of people where going for gold so this makes it difficult for him to predict how bitcoin is going to look like rather he just have the confident.

He certainly believed in the future . That is why he has not cashed out the bitcoin.

That's basically the answer for your latest topic ;D

Definitely, more adoption more transactional volume, he already saw the big picture "future of Bitcoin "before creating Bitcoin , he wouldn't have created Bitcoin and make provisions in the Bitcoin network for improvement, he knows many people will buy the Idea, the moment they got to know the power they have with owing a Bitcoin in self costudy.

Definitely one thing is certain that Satoshi wanted to give people the freedom and control over their wealth, and that transactions would be done directly between users, which is why this pseudonymous person created Bitcoin because he probably knew and understood that Bitcoin would gradually reach the peak of acceptance. As you said that Satoshi already predicted that Bitcoin would be accepted and appreciated worldwide, please present it because I know that he discussed the basic idea of this digital gold, i.e. the technical and economic principles. Moreover he might have been sensible enough, to predict this could happen. In fact if Hal Finney could predict that each Bitcoin, i.e. each coin, would be worth $10 million, then Satoshi was even more convinced because he created this digital gold.

i think he could not expect such a thing. like it was a trial. and was extremely uthopic for that time. but im sure he is quite happy about what happened, if he is still alive.

A trial yes, but I believe he had lots of faith in Bitcoin, he believed in the the technology, which is why he not only dedicated he resources but also his time to make sure his actualize his vision. Yeah there was certainly a vision, maybe it wasn’t as big as this, or maybe it was even bigger, but I believe he saw this coming, and if he’s still alive right now, what he’ll e seeing now, would definitely be his dreams coming true.

To this day, the reason why Satoshi never moved, withdrew, or sold his bitcoins remains a mystery. There are hundreds of theories like he died, forgot the seed phrase or it's not the right time to sell like you said. But in reality, no one knows what the real reason behind it is because we are not him.

Although many do not hope that one day he will move and sell them for fear of causing panic in the market. But for me, I hope he is still alive and will sell it at some point when he wants, because he deserves it for what he created and gave to the community.

Creativity is up to you, but acceptance by your intended audience depends on the value you create.
Satoshi is no exception to this principle. I believe he expected it to gain acceptance gradually, or even to face more resistance than it already has. All in all, big ups to him

I think he expected such success because all the mechanisms of blockchain and Bitcoin are so well thought out, like a rocket launch pad into space. So, it's clear he expected that after launching mining, he realized things would go very far. And I don't believe he doesn't see everything that's happening -he's just observing. But he hardly expected everything to devolve into such strong regulation and speculation, but the best is definitely yet to come.
Bitcoin is still very far from reaching its full potential.

No inventors or innovators will automatically expect that that their creation will succeed, what  Satoshi just aim is to create a decentralize peer to peer electronic cash system.

He's not boasting around that his creation ( Bitcoin ) will became successful in future just like what other shitcoin creators did. He just clearly hope that Bitcoin will succeed the level of succeed earned by Bitcoin is so overwhelming and hopefully he's so happy even if he's not around that his creation became more successful then it change lives of people globally. Bitcoin is really far to reach its full potential and we are still in early phase.

Look at global adoption rate for this year https://www.demandsage.com/crypto-adoption-statistics/ that shows that there's still many potential for Bitcoin to reach more better figures also great adoption in future.

Of course, he really hoped Bitcoin would be successful like this, but he never expected success to be achieved in such a short time. I don't know how to apply Bitcoin's success which only took ±16 years, this achievement is extraordinary and people who previously opposed Bitcoin will find it hard to believe this reality.

Satoshi goal in creating Bitcoin was to create a decentralized monetary system that could not be controlled by any government or financial institution, clearly his concept was very contrary to the government's ideology. It is quite natural that previously Bitcoin's presence was rejected in various countries because it disrupted their businesses, but after its adoption became more widespread, several countries began to realize that Bitcoin could provide benefits to them.

Look at the developments, several countries have begun to welcome the arrival of Bitcoin to increase income into their coffers, now almost nothing can stop Bitcoin and it is expected to receive an increasingly positive response from several other countries that are still doubtful about the great potential generated by Bitcoin.

I don't think it's beyond his imagination if you understand what his intention for Bitcoin was, but if you think he was merely creating a currency that can compete with dollar, that isn't that great of an imagination.
I believe his real intention was a breakaway honest system that is completely opposite of fiat. And I believe he knew such system would be very valuable

Bitcoin has indeed gone beyond the expectation of Satoshi and even the early investors. Satoshi only wanted a decentralized system of banking that gives the users freedom to save, send and receive money without barriers (central authority) as seen in the traditional banks. Little did he know that that small idea of his would grow into a global thing. I am not surprised that Satoshi went into hiding after his invention went beyond his expectation. I don't believe he saw that coming.

I don’t know what satoshi expectation was when bitcoin was created, but with the way bitcoin awareness is currently spreading, and the way bitcoin price keeps on increasing am sure satoshi will be happy about that.

The only aspect which I know that satoshi won’t really be happy yet is about bitcoin being used as alternative currency, I feel just few set of people are making use of bitcoin for transactions, and that’s the primary aim of bitcoin, but I know it’s also going to happen with time. With the way more people get to know about bitcoin, companies and big organizations will soon start accepting bitcoin as payment method. I know some have started yet, but they are few, we haven’t achieved the numbers which we want yet.

Satoshi added enough efforts for bitcoin information to be spread worldwide, he knew that bitcoin were get to this extent and that's why he created a bitcoin social media platform, were technically things that will help bitcoin to continue to accelerate in future to be in existence

During when I noticed about Bitcoin, bitcoin was given as referral bonus in a ponzi scheme registration, so for him to add a let of efforts in social media, that means he foresee the future of Bitcoin and knew that bitcoin will be at this point right now.

Such is life! History shows that Satoshi wasn't the first to attempt a project like Bitcoin, many had tried it and even gave it a better effort for promotion and operation, but it didn't work. On this note, I believe Satoshi made an attempt too, it's purely based on whether or not it will work. However, even as Satoshi might be positive about this, the goal of success would have been longer term in his calculations, and not what we see now. The success was too speedy, so I don't think anyone would have expected it that fast.

We are not him, we know nothing about his personality, habits or preferences. How can we know for sure how he feels about bitcoin today?

Not to mention, if based on his original purpose of creating bitcoin to become a peer-to-peer currency, reducing dependence on third parties like banks and governments. Meanwhile, bitcoin is not being used for its original purpose, how can we be sure he would be satisfied with what bitcoin has achieved? What's even sadder is that bitcoin users are increasingly turning to centralized services to store their bitcoins instead of becoming their own bank. I don't think he'll be happy.


In the eyes of people today, bitcoin is an asset, a store of value and everyone is happy about it. I don't think people will change and start using bitcoin as currency one day.

I don't really care whether Satoshi ever envisioned Bitcoin beyond its current state or not, because we never knew him.
But it's human nature to think, and often, about how something he created could be useful to many people. Perhaps not just about its current high value, but also about how the asset he created could change people's lives, especially regarding financial freedom. Almost everyone has thought about this, and beyond that, we never know how the creator's imagination transformed the asset he created which has become such a huge success.

No one likely ever imagined Bitcoin would achieve its current success, given the many challenges and obstacles it has overcome, making it so well-known worldwide. This is quite encouraging, as Bitcoin has reached a stage where it no longer needs to be promoted.

There are things Bitcoin developers has done for Bitcoin that I don't think Satoshi would have achieved alone. The best thing he has done was to allow Bitcoin to be a community thing. Now that everyone is making contributions, it has become one of the best thing Satoshi has done, he lead by example and allow it to be for everyone. I'm not sure even if he is around, Bitcoin would be better than what the community and developers has done for Bitcoin.

What challenges and obstacles ? Even governments like US are supporting it .

Scalability, security, and overall where BTC will go forward - no matter who supports it, BTC always has something to work on, the details are important too.

Stop writing like you know who is Satoshi or you what he is thinking right now. For someone that already have a plan for the future on how Bitcoin is going to survive and become a world digital currency in the history of money being decentralized. You can not argue that what's happening to Bitcoin concerning the adoption level and how the world is turning a listening ear to Bitcoin has exceed what Satoshi had in mind. The man called Satoshi is a genius and this is one of the plan for Bitcoin and I don't think we have reached the pace where he want Bitcoin to be.

Giving the freedom to the people who are passionate about their own thing is the best decision ever for any project, imo..

Because US government are supporting bitcoin right doesn’t mean they supported bitcoin when it was created. Bitcoin has faced lots of challenges before now, and most people never believed bitcoin will get to the current stage. We saw how countries banned bitcoin, people were saying different negative things about bitcoin, but even with that bitcoin keeps on growing. Lots of people knew about bitcoin when the price was still low, but they never believed in bitcoin, some people invested in bitcoin, after making little profits they decide to sell because they never believed bitcoin is going to be successful.

Satoshi was a person who gave excellent platform to the next generations because before there was no cryptocurrency on the World and people held their money in the banks which are not safe . We saw Many scams due to employee and also due to network of banks but we saw Bitcoin before 17 years and we saw billionaires by that project and at the start less people had Knowledge of that and these people hold that and with time they got idea to buy and they saw that is super safe and nobody can see our location and we can hold all our wealth in Bitcoin but Many countries made this BTC illegal because there are many chances of money londering.

Bitcoin has indeed faced countless challenges since its creation, and while today it has gained a level of global acceptance and even partial institutional support, its journey to this point was filled with major obstacles both technical and political in nature.

From a technical perspective one of the earliest and most persistent challenges was scalability Bitcoin’s network was designed to be decentralized and secure but that also made it slower compared to traditional payment systems the limited block size created congestion when the number of transactions surged leading to high fees and longer confirmation times attempts to fix this like the introduction of the Lightning Network and SegWit took years to gain adoption. Security was another constant concern in its early years Bitcoin exchanges were frequent targets for hackers the Mt Gox collapse in 2014 for instance wiped out thousands of users’ holdings and created massive doubt in the market since then security has improved but the risk of exchange hacks phishing and scams remains a major issue.

It is natural that Satoshi would be happy with the way Bitcoin is progressing towards its goal and the way it has gained popularity. Although we do not know Satoshi's position, we can only say that according to Bitcoin's position, he/she would be very happy that all his plans have been successful.

Bitcoin's popularity has increased in most parts of the world and Bitcoin transactions are not legal in many countries but along with Bitcoin's popularity, it is getting legal in many countries and big companies have already started Bitcoin transactions and even if you travel to many countries, you can now make payments in Bitcoin. Let's overcome all the obstacles and dangers and let Bitcoin transactions be used everywhere in the world, that is what I want and I think something good will happen with the legality of Bitcoin all over the world very soon.

I do think that he had the foresight of seeing that cryptocurrencies would be the next big thing of payment transactions.

There is definitely a reason on why he kept himself anonymous till this very day- people would be searching for him uncovering his identity. The government would also be involved in identifying his true identity given that cryptocurrencies paved way for some illegal and illicit activities and purchases at the black market.

Even if the development of cryptocurrencies led to some negative aspects (like what I mentioned above), it's far reaching effects are still superior. Altcoins were introduced primarily because of BTC- lots of opportunities and it made many millionaires overnight.

Have you studied the challenges and obstacles most countries faced when they initially opposed Bitcoin and how they prevented its adoption, citing concerns that it could threaten the previous fiat currency system? When will the US fully support Bitcoin? Please explain.


It's not about whether it's important or not, and even without government support, Bitcoin has been able to develop this far because people see a new system that allows for independent implementation without any authority.
Bitcoin has always had a place among those who believe in financial freedom. If you look at when most countries began to open up to accepting Bitcoin as an investment asset or strategic reserve asset, I think after the Covid-19 pandemic, this asset began to be seen as a store of value.

Common, why would any creator or founder not want the best from the project he founder… He definitely knew it would be successful but maybe Satoshi did not imagined Bitcoin blowing up to this level within this time frame..  I think he probably just wanted to fix a few things in the financial system and test out this new idea of a peer to peer digital money….   The whole project started like a small experiment like every other project, not something meant to shake the whole world…

But still, the way he designed it, the 21m limit, the halving cycles, the decentralization, shows he knew it could grow into something big if people actually understood the value..  Maybe not this massive, but definitely something strong enough to stand big in time..

So yeah, I feel like he expected Bitcoin to matter, maybe just not to this extreme.. What it has become today is way beyond what anyone could have predicted back then, probably even the creator himself..

Satoshi has said something particularly about this on Bitcoin Talk,


He expected it to either be a failure or a big success.  Considering this was the very first Digital Currency of its kind, I presume he was expecting either the fate of the projects of people who influenced him or for Bitcoin to finally be the one to conquer them all.

Hmmm, make sense.
The part that he mentioned high transaction volume or no volume at all shows he understood what he was doing and probably how extreme the outcome could be.

He wrote it in February 2010 when he was even uncertain about the future of Bitcoin - either success or failure. Months later, in December 2010, he left the forum and also Bitcoin community, and I believe that at that time, Satoshi Nakamoto already imagined of Bitcoin successful future as well as risk if he stays active in the community.

For his safety concerns, and success of Bitcoin including its decentralization, the Bitcoin founder decided to leave and disappear from the community, perhaps forever.

Goes to show that satoshi already considered all the possibilities for bitcoin at that time.

It's really good that bitcoin is now 8th biggest asset even after the recent dip and everytime people talk about digital currency, bitcoin always takes the spotlight.

This is what happen when everything is backed by math.

Normal Satoshi would never have imagine that bitcoin would become what it has become today cus from my own understanding he was just trying to create an alternative to bank transactions since banks have closing hours and he might want to have full access to to his fund without bank interference.
However, the project is said to be successful to the extent that even some bank now trade with bitcoin. Satoshi really made name for him self the fact that he’s anonymous  yet still amuses me what a hard headed person.

Without government support and openness, there would be no ETFs, no CEXs, and institutions would not be able to invest. Or no store or company dares to accept bitcoin payments. Or worse, if they issue a blanket ban and are willing to jail anyone promoting or using bitcoin. With all that in mind, do you think bitcoin could have gotten to where it is today?


I don't think so, I don't believe bitcoin can reach trillions of dollars in market cap and be adopted globally without government permission. So don't underestimate their power and overhype bitcoin.


No matter how much people know about the potential of bitcoin and want to own it, especially businesses, organizations and companies. They will never dare to participate if the government does not agree. Or how can bitcoin become a reserve asset if the government bans it?

You are absolutely right that huge success and value of Bitcoin today would not have been possible without governments letting it to exist, since without their permission or allowing it, there would be no controlled financial products such as ETFs or exchanges to be used by big businesses or people, and large companies would never risk legal trouble to invest or accept it. Even though technology of bitcoin is strong and hard to close, governments can make it illegal to use or trade, and you are correct in stating that rise of bitcoin as trillion dollar asset is only possible because governments of major countries have chosen not to stop it.

Yeah, from experimental whitepaper to a trillion-$ asset class that is currently being adopted by the same people/institutions that have anally raped the working class people into submission so that they'll retain the mindset of "I'm fuckin' poor and I'm grateful".

There's that and the current climate of crypto where privacy is needed more than ever.  And how does bitcoin stand up to that test?  Unless you spend time on OPSEC like you're working for the Mission Impossible team, you better believe there are spook eyeballs all over the place watching your transactions and everyone else's, seeking to put names to the addresses.

Just look at the stance the EU is taking toward privacy coins.  I've written it here before--the government can't stop bitcoin or any other crypto, but they can make any of it illegal on the whim of a single politician with a bug up his or her ass.  Though that still can't stop people from using whatever coin was legal just a minute ago, there's going to be a chilling effect.

Can you tell I'm just a tad pessimistic right now?

He knew from day one that Bitcoin will be higher than fiat that's why he created it, he used Bitcoin to solve problem that fiat couldn't not solve. He's ideas was optimistic. The world is yet to see the beautiful things Bitcoin will bring that's why he made it decentralized. Fiat is printed and share among the rich people while little are kept for the poor citizens but Bitcoin is general and can't be control by anybody, this enable people to buy and keep. He also make is limited in numbers, he created only 21 Millions of Bitcoin, making hard to get until the fiat.

To me Bitcoin hasn't reach the level Satoshi wanted it,  the world is yet to adopt it and use for payment in every countries.until every store accept Bitcoin as model of payment, we can say he's expectations has been met.

Satoshi saying this show a man of productivity, for someone to think this good of a thing he created is exceptionally courageous, and yes it did reach his expectation and it also passes. Bitcoin has come a very long way and Satoshi will not be disappointed at all. Although the coin still has a long way to go.  In this past few months the product of Bitcoin Has been so facinatung and

Bitcoin can survive and governments will probably never completely eliminate it because of its decentralized nature. There will always be people who silently support and maintain it if a complete ban is imposed. But that doesn't mean it can become globally popular, widely adopted without government approval and support. These are two completely different things but it seems many people cannot differentiate.

We can never tell what his thoughts were when creating Bitcoin, whether it would be successful or not. But for me, looking at what Bitcoin is, I don't think it was something created just to test if it would work. I think it is an innovation that, for those who are already involved in it, will be a successful project.

The disappearance of Satoshi says a lot because if his presence were known, it could affect Bitcoin in one way or another. Having a decentralized currency like Bitcoin, I don’t think it was created without any vision of what it would be. Satoshi understands what the world really needs, and he entered this endeavor knowing it would be successful.

In a broader and more general sense, this may be true. Without government support, people might not dare to use Bitcoin for legitimate transactions, as it would result in a ban, which could lead to imprisonment.
But what I mean is that whether there is government support or not, Bitcoin has reached a stage where adoption is based on trust affiliated with the potential asset base to be owned, with some governments allowing Bitcoin to be used as an investment, as is the case in my country.
While some countries were previously quite hostile to Bitcoin for various reasons, leading to debates about whether or not there should be government support, Bitcoin still has a path to success.

Even if the government banned it entirely, strategic reserves might never be operational, and large companies adopting Bitcoin would think twice about implementing it.

As @Mr_Brilliant$ stated, Bitcoin's initial design and Satoshi's comments on the forums indicate that Satoshi envisioned Bitcoin's success in the coming decades. I believe Bitcoin has been successful since 2021 or so, which is about 12 years since its creation—CMIIW. However, it seems Satoshi didn't anticipate Bitcoin's current success. I mean, Bitcoin would become a popular digital payment platform, but making it into the top 10 global assets was beyond even Satoshi's expectations. That's my personal view.

This is just the sign that Satoshi knows that Bitcoin will reach the level of a success in the future. The main success should be as a payment tool (currency), but being a digital asset is also another kind of the success. I'm not sure that we can say Bitcoin has fully succeed in 2021. Bitcoin isn't adopted yet to all countries around the world. So, IMO Bitcoin hasn't reached the success level.

I don't think so. He must know Bitcoin may have a value in the future. And it is an indicator that Bitcoin can be a form of asset in the future. IMHO, he already anticipated it. I'm very sure Satoshi is smart enough to realize it.

This shows that people are the only ones that can make or break Bitcoin, if people hate and avoid Bitcoin there will never be any volume and what happened to many proof of work altcoins will happen to Bitcoin, Bitcoin is the real power to the people that's why Satoshi must have said what he said, it either become successful or fail and that failure side is all about rejection.

People who want decentralisation just like what Satoshi wanted are the ones that helped pushed Bitcoin to the mainstream, decentralisation is what many people wanted after so many adversity with banks, this is my story why I found Bitcoin to be the solution to my problem in 2016/2017, also it seems Satoshi wanted Bitcoin to be a payment solution more than a store of value reading from what he said.

But are the current prices and demand supported only by these people ? I doubt that.

If you read through the Bitcoin white paper, you will realize that the motive of Satoshi to have spent most of his time in creating Bitcoin is not just about the financial freedom but to create a different era of finance that will change the way you use and transact funds. The formal method of sending money to people and families had really changed and everything is becoming digital. Satoshi has a big plan for the success of Bitcoin and we are just getting there gradually through the adoption Bitcoin is getting from the government and big companies that are investing in Bitcoin.

He definitely had this expectation from the btc, but it has outperformed the expectations of its creator and later it outperformed the expectations of almost all the so called professional analysit who said it is a bubble like with no intrinsic value and it will burst in no time.

But they all proved wrong and that's the beauty of what a group of people can do, because the group of crypto users has helped it to cross other companies worth trillions and they had spent a lot of resources but Bitcoin with the help of community crossed them like butter haha.

We are even there already because the number of people that are interested in buying and holding Bitcoin compare to the world population is very every small in number. The last I google the number is less than 6% of the world population are having Bitcoin, this is even when people are having doubt, half of that number is bearish. Imagine what the price will be looking if we have 6% been bullish. If the rest of the world get interest Bitcoin, it's going to be super crazy.

Bitcoin hasn't reach 2 decade since launched, I believe by 2029, if we look back to what Bitcoin has done, many of us will wish we keep small sats on our wallet. By that time not everyone will be interested in Bitcoin but I tell you Bitcoin will be big and even after that there is more and more price that we are going to see that's why people should never been bother about this short term performance, the price will come back when it's time with without influence of politicians and institutions

He may not have thought this level of success was the likely outcome, but more importantly, he did prepare for it with the way the code was written for the future.

If he thought BTC would hit the millions, but didn't put in place things like a limit on coins because it would happen long after he was gone, then Bitcoin likely wouldn't have reached this level of success.  It was the preparedness that led to success, not wishful thinking.  A lesson in there somewhere.

I have to agree. The level of success of bitcoin might not be the actual expectation of Satoshi, but he still knows it would be successful in the future. His brilliant and imaginative mind bring bitcoin to where it is right now, and I could say his preparation for it was undeniably amazing.

And he knows maybe that the success of bitcoin may bring threat to fiat and the government, that's why he made it decentralized from the very beginning.

I think Satoshi when creating bitcoin white paper, he did expect it to go far since he knew them the potentials and use of it was extraordinary. But I guess he didn't expect the success of bitcoin so soon.

It's the question we all wonder about. My personal take: Satoshi absolutely believed it could succeed, but probably not at this scale or this fast.

Maybe he knew but at the best is to go off grid. If Satoshi has been alive or active online, there is going to be doubt and FUD all over the internet. Look at Macheal Saylor strategy, I don't know him enough to vouch for him but he didn't have intension to sell Bitcoin but there are people on watch that are going to sell before Strategy sell 1 Bitcoin, that's going tj be the faith of Satoshi anytime he moves the Bitcoin he hold or might even be accuse anytime wallet with old Bitcoin is moved.

Bitcoin isn't longer a one man thing, even Satoshi doesn't have a mouth in Bitcoin one to be a state man, but he can been a full time contributors. There are many developers that has done a better job for Bitcoin since Satoshi left, it's going to be unfair to take their place but I know he wouldn't bother coming online.

Good point. Satoshi disappearing was probably the best move for Bitcoin.
If he were active now, every tweet or transaction would cause insane market panic and media frenzy. By leaving, he made Bitcoin truly decentralized no leader, no single point of failure or influence.
You're right, it's not about one person anymore. The developers and community have carried it forward. Satoshi's greatest legacy might be leaving and letting Bitcoin grow on its own.
Going off-grid was the ultimate proof that Bitcoin belongs to everyone, not just its creator.

For real, the OG vision was straight-up rebellion: Be your own bank, cut out the middleman, send cash peer-to-peer. No cap.

But then the whole world clocked onto the scarcity, and it blew up into this digital gold thing. Satoshi definitely unlocked personal sovereignty, but the 'store of value' narrative? That's the beast the market created. Wild how it evolved.

Or if it would go as far as it did and still march forward.

Truly, BTC is one of the biggest high-hitters in terms of idealism coming true.

Thats a really good point. Satoshi built Bitcoin to be resilient from the start decentralized, open-source, and hard to stop. Even if Bitcoin grew bigger than maybe anyone expected, its core design protects it from being easily shut down.
Its pretty amazing how well that preparation has held up over the years. Makes you appreciate the genius of the whitepaper even more.