Are we wrong? Bitcoin or Blockchain what does Satoshi actually mean?

[pooya87]

From the beginning of the emergence of cryptographic technology, smart contracts, defi and even NFT, all aspects have changed to be more, safer and of course able to guarantee the authenticity of a work (one of which is Bitcoin = the work itself).

What aspects changed?!!!
Ever since bitcoin, the only thing the subsequent projects changed were the amount of money the creators could make from their creation with premines, ICO fundraising, scamming, shadow mining, centralization, etc. Many of the changes, specially those at protocol level, made things less secure!
I'm very curious to know what you think has changed that made things "safer".

when the price soars and falls again in a matter of minutes it can attract the attention of a country and even the central bank in that country which inevitably bank institutions and goverment will pay attention to ban the bitcoin because of this.

I have not seen a single case of a ban or even talk of ban (with no action) that were because of price volatility. Every case I've seen has been because bitcoin is decentralized and they can't control it

If banks actually use blockchain and issue standard central bank currencies or CBDCs which they call, this would be the same as Bitcoin or crypto in general?

Obviously not! It lacks three of the main principle of bitcoin: decentralization, immutability and limited supply.

2. Smart contracts, Defi and NFT. Equally a very great product in my opinion that has an important role in all aspects of course after Bitcoin.

What aspects are there? You are again speaking in vague terms without naming the "aspects".

The three innovations were able to attract the attention of many groups from the government, property industry, aviation industry, artists, musicians and many more and of course you all know.

Not at all.
It only attracted governments to fight the money laundering through NFTs, DeFi, ICO and similar tokens with different names.
It also attracted gamblers who want to participate in pump and dumping shitcoins.

Will Bitcoin remain valuable or vice versa?

Considering the fact that bitcoin is the only cryptocurrency that works as it should and the rest are either weak or useless you should know the answer to your question already!

[Wexnident]

Have we misunderstood? It's not about Bitcoin or any other crypto but the blockchain itself. From the beginning of the emergence of cryptographic technology, smart contracts, defi and even NFT, all aspects have changed to be more, safer and of course able to guarantee the authenticity of a work (one of which is Bitcoin = the work itself).

1. Blockchain can change perception a bank or a country, when the price soars and falls again in a matter of minutes it can attract the attention of a country and even the central bank in that country which inevitably bank institutions and goverment will pay attention to ban the bitcoin because of this.

They aren't really banning Bitcoin because of its price? They're banning it cause it's trying to damage their centralized system. A perfect example would be China and its very centralized-centric system.

Maybe one day the real Satoshi appeared and did a patent the blockchain. Is this the real purpose of Satoshi's intention to create Bitcoin?
Will Bitcoin remain valuable or vice versa? for sure Blockchain will still exist and will be a large system that will be used by many institutions and even governments.

Pretty sure it's too late? And he could've done so originally if he wanted to. He had a vision of what he wanted Bitcoin to be using blockchain tech, pretty sure he already had an idea of what it could've been. Even if it wasn't to the level of what we have right now, he should still somewhat have an idea. Besides, I think with how he made Bitcoin itself, pretty sure he had no plans to patent it originally. And even if he did, I don't think it could do anything to stop Bitcoin from being valued by users who see its value.

[Dunamisx]

Maybe one day the real Satoshi appeared and did a patent the blockchain. Is this the real purpose of Satoshi's intention to create Bitcoin?

Satoshi's real purpose is to create an alternative digital currency (bitcoin) over the fiat currency which breached the individuals trust to security, privacy and charges of fraction units from one's account.

Will Bitcoin remain valuable or vice versa?

Bitcoin has come to stay and will remained valuable just as gold, if you google the internet, you will find out that bitcoin, gold, share/bond and real estate are the major investment on the trend as at this days.

for sure Blockchain will still exist and will be a large system that will be used by many institutions and even governments.

This is happening already.

If banks actually use blockchain and issue standard central bank currencies or CBDCs which they call, this would be the same as Bitcoin or crypto in general?

The idea behind block chain is that its a public ledger in which anyone can have access to, see but cannot be altered, yet they still implicate all character traits of a fiat cbcd in their currency modules such as zero privacy, high charges fees and centralization. bitcoin uses blockchain but completely anonymous and decentralized.

Fees will also be cheap, transactions can be tracked, isn't this what we want? unlike the current banking system.

This isn't all we want, we demand 100% trust, privacy, security independency (freedom).
digital cbdc is nothing different to traditional fiat banking system and is totally different to bitcoin in it entirety.

[Webetcoins]

Blockchain plays a major role in bitcoin and every cryptos but without them I do not think blockchain will ever be discovered or created. Price change can attract a person because they see an opportunity with it, they can use this for trading or investing to earn an income but I don't think this is the main reason on why a government ban btc.

It could be because btc or blockchain is unregulated and its easy for criminals to do their act using btc or any other cryptos and government are only protecting their people from this so they conduct a ban. BTC can be a marketing tool because it leads other to discover blockchain. Creations of other currencies using blockchain might affect btc but not too much.

[dezoel]

Bitcoin will keep on growing, in fact it will be far much better than the CBDC that the government and the central banks are creating. So far there have been a few countries that have embrace the idea of creating their own central bank digital currencies, but we haven't really seen any major success on these CBDCs that these countries have created.

People have refused to adopt digital currencies that the government has been creating, and most of them have chosen to make use of Bitcoin instead,or continue making use of their normal Fiat currency. Most people have also said that they don’t see the difference between making use of a bank app and making use of the digital currencies wallet that the government are creating, since it is still the same thing with making use of Fiat.

[jaberwock]

This isn't all we want, we demand 100% trust, privacy, security independency (freedom).
digital cbdc is nothing different to traditional fiat banking system and is totally different to bitcoin in it entirety.

The government’s purpose for creating CBDC is to rival cryptocurrencies that are decentralized. But their aim and purpose of doing that has already been ruined, because people are not ready to accept the CBDC and that is fact. People are already tired of trading their privacy, trusting financial institutions, and ending up being disappointed.

But Bitcoin is a trustless system, and individuals are able to be in full control of their wealth. Instead of having to leave it in the hands of financial institutions who would do as they please. This time around Bitcoin has given that power to the people to wield control over what they have.

[lombok]

Thank you for all the responses from you guys. I feel relieved with what I pour out, with the comments from you guys have opened my mind. What I thought, it turned out that there was still a wrong side, because of this misperception I had such thoughts. I hope blockchain will continue to grow, and Bitcoin will be even better.

[DapanasFruit]

Just in case it would come to pass that the genuine Satoshi Nakamoto can surfaced, I don't think he will have the desire to patent the blockchain or any part of it since from the very start I think he made it clear to be very open source and he ahs no desire to profit anything from it as if it is his gift to humanity. And more than 10 years later, we are enjoying the fruits of his labor and the blockchain technology has become a very popular technological tool anybody can use for different applications and purposes. Now, on matters of the digital currencies that government's can be issuing via their central banks which we termed to be CBDC, they are just digitalized version of their fiat money and I don't think those can be making a negative impact on Bitcoin and in fact they can even make Bitcoin more popular and an affirmation of the immense value of the blockchain technology and cryptocurrency.

[savetheFORUM]

Just in case it would come to pass that the genuine Satoshi Nakamoto can surfaced, I don't think he will have the desire to patent the blockchain or any part of it since from the very start I think he made it clear to be very open source and he ahs no desire to profit anything from it as if it is his gift to humanity.

Sometimes I do think that the reason why Satoshi Nakamoto decided to stay away Bitcoin and leave it in the hands of other developers is because he never wanted to feel the pressure to tamper with anything at all. And another can be that if he continued to stay around till now, Bitcoin has become very popular around the world and even seems to be a challenge to the government, they would have started making attempts to track him down and reveal his identity of he was still around.

So, he chose that it is best for him to move on and focus on other things as a way to save his identity and maintain his privacy, and as well protect the community. Whatever he has made today, I believe it is indeed for the best.