What Do you think Satoshi Would Think About Today's Bitcoin?

[serjent05]

I am not in a place to interpret Satoshi's beliefs.  So anything I stated does not represent Satoshi's insight.  For me I do not think that the current condition of Bitcoin is bad.  Being used as investment is natural when profit is seen when trading it.  Even the fiat currency which is created as legal tender is being viewed as an investment because of its price fluctuation.  One proof of this is the presence of Forex.

Satoshi might not like what he’s seeing today since the original design for bitcoin as a digital peer to peer currency is still not happening but seeing bitcoin price still surging high and considered the most secured and profitable crypto investment is already a great achievement and Satoshi should take the credit for that. So I don’t think he will feel disappointed with what is happening. This is just the beginning and I’m pretty sure bitcoin as a currency will still be possible hopefully soon in the future.

Who knows, maybe Satoshi does not mind.  If he is still alive, I do not think he will just stand idle if he doesn't like what is happening to his creation today.

[icalical]

I have been thinking about this topic for a while, I don't think I would know what Satoshi's would think, but if I was Satoshi, I would be surprise that the idea that I created to erase the hegemony of central bank and the oligarch behind it, is now became another investment asset that is used to make the 'whale' get richer. I mean I would be happy too since the idea is working, but it would be a huge dilema. 

[beaurogahn]

I think he is thinking. Damn, we came a long way from the bottom and we came a long way from the top,,,,,,its indecision time now.

[TakeItEasy]

Of course, Satoshi will be happy if he is alive and sees Bitcoin. He wants people to be away from the bank and centralized system and Bitcoin is decentralised up to date. You said Bitcoin is centralized over time yeah it is true but still, bitcoin is decentralized as people run their own full nodes and participate in the network and many projects are working to reduce centralization like the lighting network. Bitcoin is still a new technology and is under construction and it has the potential to revolutionize the Financial system.

Satoshi did his job, now it's on us that how we treat with the bitcoin? Whenever a person does something new, he is not aware of his results, the same thing happens with Satoshi, I think he knew about the bitcoin, but the bitcoin at a stage today, I confidently say, he wouldn't know about it. Of course, bitcoin is believed as decentralized, and the making of nodes has an impact on all of these. The banking system should be a way for it if we think differently.

Bitcoin has now evolved all over the world and it has gained so much potential in the previous few years, Satoshi must be proud of his work, maybe if he was at this stage, he would do many more things like bitcoin, so we could also take benefits from it. Great people have always some great thinking about new things.

[coinremitter]

As crypto payment gateway, it's important to acknowledge the diversity of opinions within the cryptocurrency community regarding Satoshi Nakamoto's vision and the evolution of Bitcoin. We respect the different perspectives shared by enthusiasts and investors alike.

Satoshi Nakamoto's original vision for Bitcoin was indeed centered around the idea of creating a decentralized, peer-to-peer digital currency that could empower individuals and provide an alternative to traditional financial systems. Over time, the cryptocurrency landscape has evolved in various ways, including increased institutional involvement and changes in market dynamics.

https://coinremitter.com/?utm_source=com&utm_medium=bitcointalks , as a crypto payment gateway, focuses on facilitating secure and efficient transactions for businesses and individuals using cryptocurrencies, including Bitcoin. We believe that Bitcoin and other cryptocurrencies can still serve as valuable tools for online payments, remittances, and more.

While the discussion about whether Bitcoin has strayed from Satoshi's original vision is ongoing, we continue to support the adoption of cryptocurrencies in various use cases, including e-commerce, online businesses, and charitable donations. Our commitment is to provide a reliable and user-friendly platform for cryptocurrency transactions, helping users harness the benefits of digital assets for their financial needs.

Ultimately, the cryptocurrency ecosystem is dynamic, and its future direction will be shaped by the collective choices and innovations of its participants. We remain dedicated to offering services that empower users to transact with cryptocurrencies easily and securely, regardless of their perspectives on Bitcoin's evolution.

[Kruw]

- It has became a centralized market, which is controlled by entities. A single cex or dex can manipulate the price in its favor, meaning dumping the price to aquire more btc in lower prices. (liq hunting)

Someone dumping coins to lower the price inflicts massive losses on themselves from slippage.  The scenario you described causes the "manipulator" to lose BTC, not acquire it.

[DapanasFruit]

I am sure that Satoshi Nakamoto will be shaking his head and a little bit dismayed with the way Bitcoin has become as it might not be what he intended it to be. However, since I think he is also a big realist and not a full-pledged and hard idealist, am sure he would also look into the many things Bitcoin has had succeeded and if he will be fair he can be celebrating with some joy for the success Bitcoin is already into. In life, we can never be perfect and so any human-made system and platform can never be perfect...expecting it otherwise would be insanity.

[Timbulance]

I think Satoshi would be very proud of some things and disappointed in others.

[Blitzboy]

Of course, Satoshi will be happy if he is alive and sees Bitcoin. He wants people to be away from the bank and centralized system and Bitcoin is decentralised up to date. You said Bitcoin is centralized over time yeah it is true but still, bitcoin is decentralized as people run their own full nodes and participate in the network and many projects are working to reduce centralization like the lighting network. Bitcoin is still a new technology and is under construction and it has the potential to revolutionize the Financial system.

Satoshi did his job, now it's on us that how we treat with the bitcoin? Whenever a person does something new, he is not aware of his results, the same thing happens with Satoshi, I think he knew about the bitcoin, but the bitcoin at a stage today, I confidently say, he wouldn't know about it. Of course, bitcoin is believed as decentralized, and the making of nodes has an impact on all of these. The banking system should be a way for it if we think differently.

Bitcoin has now evolved all over the world and it has gained so much potential in the previous few years, Satoshi must be proud of his work, maybe if he was at this stage, he would do many more things like bitcoin, so we could also take benefits from it. Great people have always some great thinking about new things.

Isnt it odd, if not foolish, that Satoshi may not have imagined Bitcoin's success? Satoshi methodically created Bitcoin, and while its tidal waves of development and adoption may exceed initial projections, its unlikely he overlooked its potential. Bitcoin's decentralization is basic, necessary, and Satoshi's aim. Should we assume Satoshi didnt realize his creation's potential scope and impact?

Your suggestion to involve the financial system in Bitcoin's decentralized utopia seems to contradict its core values. Bitcoin resists traditional banking systems, right? Didnt Satoshi carefully instill that principle in its DNA? The pseudo-problem may be: How do we balance Bitcoin's revolutionary, decentralized nature with a need to integrate it with established banking systems without compromising its essential principles?