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Author Topic: If Satoshi reveals himself, what would be of Bitcoin?  (Read 19683 times)
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December 05, 2016, 12:37:58 PM
 #141

I personally don't feel that Satoshi is a single person .. ; Might be a team of genius Smiley

I also thought that Nakamoto is a group or a company. But even if they reveal themselves or himself what will be the basis or how can he prove that he is nakamoto. With so many developers copying bitcoin there are many people who can claim that they are nakamoto. But even though nakamoto reveal himself bitcoin will still bitcoin, nakamoto doesnt need to reveal himself his contributions by making bitcoin is enough.
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December 05, 2016, 01:02:44 PM
 #142

It would likely depend as to who  he is and if he has previous records in the government if any wrong doing or what not. I am sure many will try to get hold of him as he is someone who created  an innovative technology that affects the flow of money in the country. If things happen, well it is pretty amazing lols even more interesting  Grin
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December 05, 2016, 01:08:50 PM
 #143

I personally don't feel that Satoshi is a single person .. ; Might be a team of genius Smiley

I also thought that Nakamoto is a group or a company. But even if they reveal themselves or himself what will be the basis or how can he prove that he is nakamoto. With so many developers copying bitcoin there are many people who can claim that they are nakamoto. But even though nakamoto reveal himself bitcoin will still bitcoin, nakamoto doesnt need to reveal himself his contributions by making bitcoin is enough.
He would definitely dont intend to reveal himself and he want to be anonymous forever i suppose just like on his invention and if he intends to come out his security or life would be in danger for sure since there are governments will sue him regarding on his invention.

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December 05, 2016, 01:12:02 PM
 #144

What do you think that will happen once the real Satoshi reveals himself (and proves that he created Bitcoin)? Will Bitcoin ever be the same? Will governments try to pursue Satoshi and put him in jail?

This will be something interesting to know, once it happens (if it ever does) sometime in the future. Please feel free to share your thoughts here.  Smiley
if satoshi nakamoto himself, when talking about prices? i think not affect the price of bitcoin. What satoshi committed a crime? what he did?.

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December 05, 2016, 04:57:20 PM
 #145

I personally don't feel that Satoshi is a single person .. ; Might be a team of genius Smiley

I also thought that Nakamoto is a group or a company. But even if they reveal themselves or himself what will be the basis or how can he prove that he is nakamoto. With so many developers copying bitcoin there are many people who can claim that they are nakamoto. But even though nakamoto reveal himself bitcoin will still bitcoin, nakamoto doesnt need to reveal himself his contributions by making bitcoin is enough.

Bitcoin will still bitcoin, I love it!  Grin

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December 05, 2016, 05:09:51 PM
 #146

I don't think that the revealing of Satoshi Nakamato will have a very big impact on bitcoin. And governments to put him to jail? Let's be serious... In the best case they would ask Satoshi to work with them as you don't find a genius like him(or her,who knows??) on every road.
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December 05, 2016, 05:51:02 PM
 #147

I don't think that the revealing of Satoshi Nakamato will have a very big impact on bitcoin. And governments to put him to jail? Let's be serious... In the best case they would ask Satoshi to work with them as you don't find a genius like him(or her,who knows??) on every road.

That's where things might go from bad to worse

So, what if he outright declines their proposal? If he is a committed crypto-anarchist, which he might well be given the nature of his creation, he won't give up his views so easily. Are they going to make him an offer then that he can't refuse? This doesn't look like a matter which he is willing to get involved with, so better stay safe than sorry and remain anonymous

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December 06, 2016, 02:39:19 AM
 #148

He would definitely dont intend to reveal himself and he want to be anonymous forever i suppose just like on his invention and if he intends to come out his security or life would be in danger for sure since there are governments will sue him regarding on his invention.

Yeah that would definitely happen for sure. Considering how many buzzes there has been around to find who the real Satoshi is, I think that it is best if things stay as they are. Revealing Bitcoin's creator, may cause chaos and perhaps a change of perspective in the interest of Bitcoin from many people worldwide. Therefore, it is best to state that "We are all Satoshi Nakamoto". Just my opinion. Smiley

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December 06, 2016, 06:01:37 AM
 #149

I don't think that the revealing of Satoshi Nakamato will have a very big impact on bitcoin. And governments to put him to jail? Let's be serious... In the best case they would ask Satoshi to work with them as you don't find a genius like him(or her,who knows??) on every road.

I don't see Satoshi working with any governments. If he was inclined to work with them, he could have done so before creating Bitcoin. He would have to cede power to the governments and from his behavior until now, we know that he would hate doing that.


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December 06, 2016, 08:43:38 AM
 #150

Satoshi should remain anonymous as his mystery is what makes bitcoin so successful now, we are not interested anyway to know the real bitcoin as we are already convince that the system he invented is very transparent and revolutionary enough to help us transaction online easily.

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December 06, 2016, 08:57:44 AM
 #151

Satoshi should remain anonymous as his mystery is what makes bitcoin so successful now, we are not interested anyway to know the real bitcoin as we are already convince that the system he invented is very transparent and revolutionary enough to help us transaction online easily.
If you think that bitcoin is successful only because Satoshi was so good at keeping his identity a secret you are being extremely romantic about it.
I think this caused more harm than good, IIRC even Theymos said that it would be better if Satoshi's coins were destroyed.
Bitcoin is revolutionary and the biggest invention of 21th century so far. Bitcoin network is transparent - bitcoin inception is not.
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December 06, 2016, 11:49:28 AM
 #152

I personally don't feel that Satoshi is a single person .. ; Might be a team of genius Smiley

i am thinking the same because when the project is began, its need some people to do work together and they make a communicate and make a group that might be called satoshi and one person represent that he is satoshi that the leader of the community developer behind bitcoin. but i don't know exactly and i just guessing with my mind.

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Meycell
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December 08, 2016, 09:57:31 AM
 #153

What do you think that will happen once the real Satoshi reveals himself (and proves that he created Bitcoin)? Will Bitcoin ever be the same? Will governments try to pursue Satoshi and put him in jail?

This will be something interesting to know, once it happens (if it ever does) sometime in the future. Please feel free to share your thoughts here.  Smiley
bitcoin can grow up famous or conversely from now ..
if satoshi can persuade goverment that bitcoin is good things maybe bitcoin can grow up from now
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December 08, 2016, 10:06:42 AM
 #154

I personally don't feel that Satoshi is a single person .. ; Might be a team of genius Smiley

That's exactly my thought, especially because coding Bitcoin alone is too hard for one person to sustain and if it's just one person.... Then he should be an extremely genius person. I guess coding Bitcoin means hundreds of thousands of lines to be written and a lot of bugs to be fixed. It's got just one version that will probably never be updated except if a new coin would be out, created by him again, and there are absolutely no bugs which is... I don't know, it looks impossible! I have never seen any coded app, game or system that has 0 bugs and glitches in it! Just awesome.

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December 08, 2016, 03:27:47 PM
 #155

I have heared some rumors that Satoshi would own about one million bitcoins.
If he revealed himself, he might also want fo finally cash out his coins.
That additional million on the market could really give bitcoin a hit from where it would take time to recover again.
Hopefully he's not planing such a thing...
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December 09, 2016, 06:22:16 AM
 #156

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December 09, 2016, 06:33:16 AM
 #157

I don't get why people keep talking about satoshi, he will not come and reveal that he is real person behind the bitcoin. Many cruel people out there who can put him into the jail, even government and banks are very angry on him. They will keep start pressuring him to stop bitcoin and government will try to convince him to close bitcoin.

Now people are very free to do trading and many big loses to the big investors who invested more money into bitcoin. It's better satoshi should show his face to the public. Once he comes out and show his face to public means definitely with in days bitcoin will close.
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December 09, 2016, 06:42:45 AM
Last edit: August 30, 2021, 04:50:16 AM by aubert
 #158

Maybe it will make many news

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December 09, 2016, 07:07:02 AM
 #159

I personally don't feel that Satoshi is a single person .. ; Might be a team of genius Smiley

That's exactly my thought, especially because coding Bitcoin alone is too hard for one person to sustain and if it's just one person.... Then he should be an extremely genius person. I guess coding Bitcoin means hundreds of thousands of lines to be written and a lot of bugs to be fixed. It's got just one version that will probably never be updated except if a new coin would be out, created by him again, and there are absolutely no bugs which is... I don't know, it looks impossible! I have never seen any coded app, game or system that has 0 bugs and glitches in it! Just awesome.

Well if you code an app that only displays "Hello world", then there's 99% chance that there's no bugs or glitch in it. I think the larger and the more uses an app has, the more it's likely to have a hidden bug or glitch.

Satoshi, regardless if he's a name of a team or just one person, didn't write all of these codes overnight. He needed a lot of time to make all of these. To open up a new world, to implement his own concept. It's even possible that Satoshi have thought of this decentralized network when he was still young and then studied to master programming to realize his idea.

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December 13, 2016, 01:19:13 AM
 #160


Satoshi, regardless if he's a name of a team or just one person, didn't write all of these codes overnight. He needed a lot of time to make all of these. To open up a new world, to implement his own concept. It's even possible that Satoshi have thought of this decentralized network when he was still young and then studied to master programming to realize his idea.

I've thought so too. Due to the robustness of Bitcoin's system, it would've taken several days or even months to get it accomplished by a single person. That is why it kept me thinking of whenever Satoshi would've been a group of people, instead of a single person. Still, it could exist the possibility of it being designed by a single person, but again it, would take quite a long time before getting it done.

Nevertheless, the most important thing is who Satoshi is, but what he really made. He made a revolutionary technology that will change our lives for the better, giving us the opportunity to get control of our own money, instead of leaving it into the hands of greedy bankers, or middlemen. Just my opinion.  Grin

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