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Author Topic: Who is Satoshi Nakamoto and why does he hide in the shadows?  (Read 2696 times)
Hamphser
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July 21, 2017, 10:04:25 AM
 #21

While at work today, I've been thinking about who Satoshi Nakamoto could be and why would he keep his identity a secret?

I've thought of three possibilities for keeping his name secret.

1) He is someone who doesn't want to be in the spotlight, because he enjoys his anonymity.
2) His actual identity could ruin the reputation of Bitcoin.
3) Satoshi is a showman and did this to build up suspense for his grand entrance.



By revealing his identity he puts himself at a great risk, the US government may bring money laundering charges and even finance of terrorism to his backdoor,i think its a very wise move by him hiding under the shadow and not revealing his identity.
Lets say Im satoshi  then i would definitely do the same thing too which i would really not let myself to go on public or reveal my true identity knowing that you are really on a great danger there are lots of people,institutions would really come after you because of your invention. I would hide for some time and watching my creation to be more succesful that can able to help humankind regarding on payment innovation and earning opportunities.

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July 21, 2017, 10:07:58 AM
 #22

No body know about who is Satoshi Nakamoto, there are information that Craig Wright is Satoshi Nakamoto but many people don't believe in him, too many speculation about who is Satoshi Nakamoto, he hide in the shadows in my opinions is for protect his life and of course his whealty in bitcoins, if he show his identity will be dangerous for his bitcoins and the whealty in bitcoins.
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July 21, 2017, 10:12:59 AM
 #23

In my own opinion I think Satoshi Nakamoto is

1. Doesn't really exist at all and developers of Bitcoin just make up 'Satoshi Nakamoto' as the mastermind of it.
2. If he really does exist maybe he just really patronizing the essence of anonymity same for his invention and his presence.

That is the best only idea that I can think of.
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July 21, 2017, 10:16:24 AM
 #24

Satoshi Nakamoto is the creator of bitcoin and he really enjoys his anonymity. I have read one article stating that he sometimes appears on the contributors name in some website. Like this
Contributors:
SATOSHI NAKAMOTO
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July 21, 2017, 10:24:54 AM
 #25

In my own opinion I think Satoshi Nakamoto is

1. Doesn't really exist at all and developers of Bitcoin just make up 'Satoshi Nakamoto' as the mastermind of it.
2. If he really does exist maybe he just really patronizing the essence of anonymity same for his invention and his presence.

That is the best only idea that I can think of.
I can't sure Satoshi Nakamoto have exist or not, but in history when Bitcointalk Forum still new and begin to become a biggest forum cryptocurrency as now, Satoshi had support and developing Bitcoin in a period of time on Bitcointalk

You can check his post from here: https://bitcointalk.org/index.php?action=profile;u=3
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July 21, 2017, 10:30:37 AM
 #26

He hides because he have a great amount of bitcoin and he do not want to give some to you. Grin  Well to be serious he is really kind of mysterious and just like any one here we want to see how he looks like.  Well based on his name he is a Japanese, but the question is, is he really a japanese or it is his pseudonym.  But one thing is for sure, he is such brilliant and very intellect.  He must be the master of the programmers as he was able to come out with a great invention of all time.  I want to know also how much bitcoin does he have.
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July 21, 2017, 10:30:39 AM
Last edit: July 21, 2017, 12:55:11 PM by AGD
 #27

...
1) He is someone who doesn't want to be in the spotlight, because he enjoys his anonymity.
2) His actual identity could ruin the reputation of Bitcoin.
3) Satoshi is a showman and did this to build up suspense for his grand entrance.


....


...

4) He's dead

Bitcoin is not a bubble, it's the pin!
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July 21, 2017, 10:37:53 AM
 #28

In my own opinion I think Satoshi Nakamoto is

1. Doesn't really exist at all and developers of Bitcoin just make up 'Satoshi Nakamoto' as the mastermind of it.
2. If he really does exist maybe he just really patronizing the essence of anonymity same for his invention and his presence.

That is the best only idea that I can think of.
sure, Satoshi Nakamoto is a completely anonymous person, no one knows how many Bitcoins he is and where he lives. What people in the world will not have the answer as this is just the name of the impostor and the familiar name when entering the Bitcoin market.






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July 21, 2017, 10:47:25 AM
 #29

It's of less important to know who invented cell phone rather than appreciating the benefits we receive from such invention and that's true for bitcoin and satoshi nakamoto too. Even if he's alive and if he could come up with the solution to the crisis or problems bitcoin is undergoing right now that would be much desirable and appreciated than just knowing who he is, where he is, whether he's alive or not etc so better enjoy the benefits of bitcoin and not waste your time in trying to find out who satoshi nakamoto is.

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July 21, 2017, 11:03:28 AM
 #30

...
1) He is someone who doesn't want to be in the spotlight, because he enjoys his anonymity.
2) His actual identity could ruin the reputation of Bitcoin.
3) Satoshi is a showman and did this to build up suspense for his grand entrance.


....


...

4) He' dead

https://youtu.be/Ni5J_yXuWLk

 Grin

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July 21, 2017, 11:03:56 AM
 #31

I think he does not want everyone to know him and protect himself from possible attacks from ill-wishers. This is an anonymous currency and the creator also wants to remain anonymous.

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July 21, 2017, 11:11:53 AM
 #32

Have you seen the vitriolic trolling that Vitalik Buterin receives?

There's your answer.

To be fair, that would apply to developers in the "limelight" too.

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July 21, 2017, 11:35:00 AM
 #33

While at work today, I've been thinking about who Satoshi Nakamoto could be and why would he keep his identity a secret?

I've thought of three possibilities for keeping his name secret.

1) He is someone who doesn't want to be in the spotlight, because he enjoys his anonymity.
2) His actual identity could ruin the reputation of Bitcoin.
3) Satoshi is a showman and did this to build up suspense for his grand entrance.

I can really understand number 1. Some of the greatest geniuses among us lurk in the shadows. Maybe he doesn't want to be harassed by the press. All the praise could put him on an uneasy pedestal if Bitcoin succeeds. If it fails people may accuse him of running a Ponzi scheme. Yada yada. So much crap could happen. Say goodbye to the private peaceful life.

Number 2 makes sense as well If Satoshi Nakamoto were a criminal it may be harder to get people on board. Who would ever put their trust in a currency created by a criminal. Keeping your name secret here would be much more prudent for business.

Satoshi is clearly innovative enough to come up with this new currency. He surely has the imagination and vision of the future to make a grand revelation at a later date. Number 3 is pretty epic. Everybody loves an epic introduction.


Number 2 makes the most likely to me. Number 1 seems possible too, but even for an introvert who may not want attention, how could you not want people to know what you've contributed to the world? This leads me to believe that Satoshi is most likely a criminal or has a bad reputation somehow. Of course that is just speculation though.


I'm going to go out on a limb and guess that Satoshi Nakamoto isn't even Asian. If I were Asian, I would choose an alias that didn't sound Asian. As a non-Asian I may end up picking an Asian alias because it sounds cool.

Another interesting thought. What if Satoshi Nakamoto is an anagram for his real name? I mean, it does make sense right? Cryptography would be right down his alley. Or her alley. Whoa, maybe Satoshi isn't even a guy.


I've been rearranging the letters in "Satoshi Nakamoto" to spell out a name. No luck thus far. Another thing that cryptographers do is they code the letters to stand for other letters. For example: A is really C, because it is two down. K is really M, because it is two down. I've considered writing a program in C++ to maybe solve it through brute force with a list of first names and last names. Given how many computer nerds are out there it wouldn't surprise me if this has been done already however.

Thoughts?


Number 3 is the least of all possibilities. I don't think he'll ever come out of the closet. Number 1 is very possible. Too much attention would be catastrophic for him. 90% of his posts when he was active here seem to have been in the Development & Technical Discussion section. I think he's still an active Bitcointalk member, but of course under a different username.

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July 21, 2017, 11:38:13 AM
 #34

While at work today, I've been thinking about who Satoshi Nakamoto could be and why would he keep his identity a secret?

I've thought of three possibilities for keeping his name secret.

1) He is someone who doesn't want to be in the spotlight, because he enjoys his anonymity.
2) His actual identity could ruin the reputation of Bitcoin.
3) Satoshi is a showman and did this to build up suspense for his grand entrance.



By revealing his identity he puts himself at a great risk, the US government may bring money laundering charges and even finance of terrorism to his backdoor,i think its a very wise move by him hiding under the shadow and not revealing his identity.
Exactly it's embêter for him/her to remain anonymous because as bien coin gains more and more influence he/she would become more and more of a target by autorithies.
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July 21, 2017, 11:58:32 AM
 #35

He/She is actually a smart guy, the best he did was disappear in the shadows, there will be a lot of criticism on his figure and a lot of pressure, also remain bitcoin decentralized requieres that its founder remain silent, he did great.
sure he is enjoying a great life, maybe his relatives and friends doesnt even known how much he is involved in bitcoin. Maybe he doesnt even owns a Lambo. Maybe he talks in this forum, hidding, smiling.
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July 21, 2017, 12:16:36 PM
 #36

I think its reads like a single male doing something, maybe and english guy? given the Bank of England inclusion, but then this could just be to throw us of.


If it is a person, and they were ever identified, they would never see the light of day again, some black bag organization, or other interests would scoop him up.


Among other things he likely with have access to 1T in the not to distant future.


Satoshi's only option is to stay anon.

Also he seems well smart enough to know this.

I am almost sure he is still on this board though.


For quite some time I thought it was Sunnyking

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July 21, 2017, 12:25:20 PM
 #37

maybe the inventor has no control of the coins but a bunch of devs do.

thus he may be interested in coming out but has no proof.

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July 21, 2017, 12:25:50 PM
 #38

He/She is actually a smart guy, the best he did was disappear in the shadows, there will be a lot of criticism on his figure and a lot of pressure, also remain bitcoin decentralized requieres that its founder remain silent, he did great.
sure he is enjoying a great life, maybe his relatives and friends doesnt even known how much he is involved in bitcoin. Maybe he doesnt even owns a Lambo. Maybe he talks in this forum, hidding, smiling.

   From that side he did a right thing, now he really can enjoy in life, rich life, without being in the center of other people attention. My opinion is that Satoshi can not be one man, this is to big to be one man
operation. We will never find out who is Satoshi and why does he hiding in the shadows, that questions will stay unanswered for a long time.
   Except that Satoshi Nakamoto created Bitcoin what we know more about him? To me that looks like someone did a lot to stay hidden, and if governments and or their agencies, news investigators could not find him until now we can just guess who was him and why he is hiding.

maybe the inventor has no control of the coins but a bunch of devs do.

thus he may be interested in coming out but has no proof.

   This is from some movie, right?



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July 21, 2017, 12:29:00 PM
 #39

It would have been nice to get this attention in any other context.  WikiLeaks has kicked the hornet's nest, and the swarm is headed towards us.


This is one of the last posts made by Satoshi Nakamoto on this forum, https://bitcointalk.org/index.php?topic=2216.msg29280#msg29280

From the very beginning itself Satoshi tried to remain as anonymous as possible. Now around 2010, Bitcoin wasn't as popular as today, but still being the creator Satoshi knew it had a huge potential and when WikiLeaks started accepting Bitcoin Satoshi might have realized that:

1. Bitcoin getting attention from WikiLeaks might possibly endanger his anonymity.

2. Bitcoin could also be used for illegal purposes thus not only jeopardizing his privacy/anonymity for being the creator of such a currency, but might also get him into legal trouble.

If he wasn't anonymous the Feds would have charged and locked him up for creating a currency which could be used for illegal purposes.

We don't know exactly how many bitcoins does Satoshi owns, but it definitely would be a substantial amount. If he wasn't anonymous then this amount does possess a threat to not only his life, but also his family's.

Satoshi, be it He/She/Or a group are enjoying their anonymous freedom, let them enjoy it.

I think Satoshi is a cypherpunk who loves privacy ....

Well that brings us an important topic .... "Privacy"

I would like to quote B. Schneier's book "Data and Goliath".

Quote
Technological changes occur, and we accept them for the most part. It’s hard to blame us; the
changes have been happening so fast that we haven’t really evaluated their ef#ects or weighed their
consequences. "is is how we ended up in a surveillance society. "e surveillance society snuck up on us.
It doesn’t have to be like this, but we have to take charge. We can start
by renegotiating the bargains we’re making with our data. We need to be
proactive about how we deal with new technologies. We need to think
about what we want our technological infrastructure to be, and what values
we want it to embody. We need to balance the value of our data to
society with its personal nature. We need to examine our fears, and decide
how much of our privacy we are really willing to sacrif'ce for convenience.
We need to understand the many harms of overreaching surveillance.
And we need to F!ght back.

https://www.schneier.com/books/data_and_goliath/Data_and_Goliath_Introduction.pdf


ps0->Thanks Bruce and IBM for the book... It was an honor to meet you and receive your book from your own hands ;-)
ps1-> every time I cut and paste from pdf I got a mysterious *char; change  Lips sealed








 



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July 21, 2017, 12:36:07 PM
 #40

If there is a real "Satoshi Nakamoto" he should have been found by now. For sure a lot of people who are interested have been tracking him for a long time. But they didn't find anything. Many have claimed that they are Satoshi but cannot proved it by themselves. I personally believed that he wants anonymity same as his bitcoin. And he is not after the money because he even touched his bitcoin. He already created a technology that we all now love so we should leave like that. He maybe dead for all we know.

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