WHY OWNER IS HIDING

[CryptoBry]

Actually, I've been thinking about this for a long time now. Facts have it that Bitcoin was created by own Satoshi Nakamoto or so and since he did that he has gone underground and has been hidden. Now I'm wondering, I made an invention that is now worth so much money in the world and am still hiding, what could have been the reasons for his action??

Satoshi Nakamoto and the things he did were all subject to so many speculations. But for me, the only one who can answer those questions would be the man himself. Unfortunately, he has no spokesperson who can clarify things for us. However, these things are not really that important. what is the most important thing is that he opened the Pandora box for cryptocurrency and the world especially that of online would never be the same. I don't care his motives for hiding or eventually disappearing.

[Wingo]

The government sees bitcoin as a threat to the economy, there are these big countries like Russia and China that sees bitcoin as a threat to their economy. If he publicized his identity, then the government or other opposing groups or organizations might target him. Banks are also threatened by bitcoin. There are many reasons why he (or maybe they) conceals Satoshi Nakamoto's true identity.

[centralbanksequalsbombs]

He died a few years ago and took his one million bitcoin with him to his grave. Try to ask questions and do research to answer them and read.

Even if you would resurrect him from the dead - he would mean nothing at this point.

Though it is still very early adoption (most people everywhere don't know what it is)...
Bitcoin has freed, continuing to free, and tomorrow will still free many people globally from the centrally controlled debt-based fiat system that confiscates your wealth with inflation and tax. Bitcoin is a TRUE savings vehicle. Buying Real Estate, Hospital healthcare, Global traveling, College Education gets cheaper as you hold Bitcoin.

And it has become clear that...
Bitcoin CANNOT be controlled.

Bitcoin cannot be made legal. Governments may still attempt to do so.

Bitcoin cannot be made illegal. Governments may still attempt to do so.

Central banks already control and manipulate Stocks, Real Estate, Gold, Interest Rates. They can never have such domination on Bitcoin.

Bitcoin reached escape velocity 4-years ago in 2013 which means it cannot be stopped - cannot make it illegal or legal - governments/banks do not matter.

On the opposite end of the spectrum the global fiat (US Dollars, Indian Rupees, Chinese Yuan, etc) bubble system broke a couple of decades ago.

Fiat around the world is forced to inflate issuance as its heavily infested, burdened and broken with:
-regulatory burden on fiat banks & system (incredibly costly)
-unemployment & other welfare costs
-inflating fiat to keep stock market rising and to keep house-prices from collapsing
-financing conflicts, bombs, and "aid"
-insurance fraud
-false claims and insurance loss-events
-stabilize regions after natural disasters
-keeping monopolies with internet access centralized and search engine crawlers centralized
-money laundering
-chargebacks
-frivolous legal costs (lawsuits bogging the system down)
-state-sponsored corruption and unofficial corruption (governments and gangs, banks and conartists)
-retirement obligations (debasement in value to keep up with payments from government or other retirement-obligations)
-fake credit (goods being transacted with credit-loss, replaced by inflation of monetary base rather than bringing perpetrators & source to justice)
-using enforcement labor to freeze accounts and assets and take away your money
-costs of auditors and budgetors and accountants to governments and businesses

Bitcoin, systemically, is free from these burdens.

Bitcoin is GLOBALLY held and sought after by people in almost every country - see global trade data by country or see this list:
https://bitcointalk.org/index.php?topic=1853019.0

CAN SOMEONE PLEASE STOP BLOWING BUBBLES OF EXTRA FIAT MONEY AROUND THE WORLD? (PLEASE NO MORE USD, EUROS, JAPANESE YENS, INDIAN RUPEES, CHINESE YUAN, MEXICAN PESOS - PLEASE STOP INFLATING AND MAKING BITCOIN SO VALUABLE)...stop this pumping

https://macromon.wordpress.com/2017/04/26/the-chart-that-floats-overvaluation/

[bitcoinisbest]

I think so that he would have being alone all his life and after creation of Bitcoin something may have happened to him due to which he either not thier in this world to see the success of what product he has created for the people or he just want to stay aloof only without mentioning anything to anyone about it and live his life.

[ashfer]

some time ago when the real owner showed up and revealed his identity to the world nobody was ready to believe his words and it can be one of the reasons he is not showing up or may be he doesn't wish to prove himself to the world anyways it doesn't bother him as his great work has reached such great heights

[Indrawan77]

Why should he revealed himself,he can live peacefully while  enjoying his hard work, there is no need for him to appear, his appearance can attract bad intention from the greedy person and he will be taxed by the government, If I am satoshi I will stay hidden and will never revealed my identity

[baedrill]

Maybe it was getting bigger than he was comfortable with? Some people simply don't want attention. He has technically never been out of hiding because his handle was a guise, and he simply abandoned that.

[linkchann]

This is very good question, hard to answer.. But for me it is not that simple that he only hides..
I think this is very smart plan onrolling... Time will tell hopefully.

[PalindromemordnilaP]

Actually, I've been thinking about this for a long time now. Facts have it that Bitcoin was created by own Satoshi Nakamoto or so and since he did that he has gone underground and has been hidden. Now I'm wondering, I made an invention that is now worth so much money in the world and am still hiding, what could have been the reasons for his action??

My theory would be that he's fearing for his life in the sense that someone would like to copy the algorithm that he used in Bitcoin. Or maybe he's afraid that someone gonna forced him to make a prototype of his cryptocurrency and order him to destroy Bitcoin in exchange of his life.

[TheUltraElite]

Satoshi is probably has own reasons why he/she/them left the scene. My opinion is that as bitcoin prices gradually rose upwards there is a craving among people to get more bitcoin so as to get rich. If this Satoshi was a known person and because his wallet has a huge number of bitcoin stored in it, he/she may have been a target to robbers. People are always trying to illegally earn bitcoins and they might have forced him to submit to their demands. Also there is also the legal responsibility that many government spies may try to attack him and extort information. I feel what he has done is correct - gave mankind a boon and left them to deal with it.

[BitBanshee$$]

If I was Satoshi Nakamoto I would be super enthusastic about revealing my identity. Bitcoin is going to have a huge impact on the long term viability of the nation state if iti successful.

[BitBanshee$$]

LOL. I don't know if this thread is a joke or a not. Does make some good points though - 0 confirmations.

[endlasuresh]

Where this guy exists? I mean which country he belongs to? If he is hiding then the reason is against FBI and why people should trust Bitcoin?

He can be easily recognized, but he might be afraid by others or someone wants to kill.

What is the Guarantee for the Bitcoin and who will be liable to pay the amount?

[LeGaulois]

Actually, I've been thinking about this for a long time now. Facts have it that Bitcoin was created by own Satoshi Nakamoto or so and since he did that he has gone underground and has been hidden. Now I'm wondering, I made an invention that is now worth so much money in the world and am still hiding, what could have been the reasons for his action??

Do you understand what is cryptography? Does it make sense to you to see why Satoshi doesn't feel the need to show his face? To do what?
True cypherpunks, cryptographs, anarchists are not interested in money. Their freedom worth more than that.
Satoshi can get more problems that anything else and it doesn't worth the risk for him (and the whole family, considering Satoshi is an individual)

[Keihatsu]

Meanwhile, fake Satoshi is busy filing patents:

http://www.reuters.com/investigates/special-report/bitcoin-wright-patents/

[farhaan]

Actually, I've been thinking about this for a long time now. Facts have it that Bitcoin was created by own Satoshi Nakamoto or so and since he did that he has gone underground and has been hidden. Now I'm wondering, I made an invention that is now worth so much money in the world and am still hiding, what could have been the reasons for his action??

Just simple.Satoshi has almost challenged the bankers all over the world and wall street big shots.Bitcoin has now become the worst nightmare for them.They would have not even imagined that such a thing like bitcoin would be created which would become a serious threat to their future business.Now,its quite clear that satoshi's life is in serious threat due to these people.That's why satoshi hided his identity.In fact,i would say that he has taken the best possible decision that even any body in his stage would take.

[Visbay]

Actually, I've been thinking about this for a long time now. Facts have it that Bitcoin was created by own Satoshi Nakamoto or so and since he did that he has gone underground and has been hidden. Now I'm wondering, I made an invention that is now worth so much money in the world and am still hiding, what could have been the reasons for his action??

Satoshi Nakamoto and the things he did were all subject to so many speculations. But for me, the only one who can answer those questions would be the man himself. Unfortunately, he has no spokesperson who can clarify things for us. However, these things are not really that important. what is the most important thing is that he opened the Pandora box for cryptocurrency and the world especially that of online would never be the same. I don't care his motives for hiding or eventually disappearing.

I think there are a lot of things in this world which the countries are doing secretly for the sack of their nation and country I think bitcoin is also one of the same thing there might be possibility that first bitcoin want to get control on market and then may be latter the owner disclose himself because the way bitcoin is going high in market so I think no one can stop it.

[Mikasa77]

Actually, I've been thinking about this for a long time now. Facts have it that Bitcoin was created by own Satoshi Nakamoto or so and since he did that he has gone underground and has been hidden. Now I'm wondering, I made an invention that is now worth so much money in the world and am still hiding, what could have been the reasons for his action??

I think Satoshi Nakamoto knows all about what is happening now to his invention, the bitcoin. He is hiding i think because he has a plan. Maybe he will do something big or maybe he is doing something. If im a man who invented something that worth so much money, i will not hide but i will remain humble and doesnt need any promotions because my life could be in danger.

[Sskapollo7]

It seems to have two reasons which I think i.e. if he is that much known and rich to the world and is afraid of himself and his family and other is the legal and the illegal status of bitcoin (strictly my opinion) 

[xIIImaL]

Meanwhile, fake Satoshi is busy filing patents:

http://www.reuters.com/investigates/special-report/bitcoin-wright-patents/

Lol, if his documents has been verified. He will not be own patent right for sure. Actually this is the reason you have why satoshi is not coming out to reserve the copyright or patent. After he comes out, his life also may be threten to reserve in the name of any whale. Until satoshi hides we all can be safe with the bitcoins we invested and saved in our wallet.