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Author Topic: Would Bitcoin be the same if Satoshi wasn't anonymous?  (Read 23304 times)
Kimi80
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January 14, 2019, 10:03:17 PM
 #101

Very speculative subject, have a space for serious discussion. It can also look like a good, carefully planned project from some totally other 'entity'.  Nobody can say for certain IF Mister Satoshi was truly a creator of the bitcoin. Anonymity maybe effect on and brought good look to bitcoin and other cryptos at the beginning but nowadays, if I have any interest to be part of, or to use it and have benefits out of it, I actually don't care who, what, where... I think that I would have same approach if I knew who he is. Good project, good idea behind it.
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January 14, 2019, 10:08:52 PM
 #102

You can't change the core bitcoin technology, but Ethereum's you can because the government or someone can order guys in there to change some things.
Secret Satoshi's identity is only a bonus.
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January 17, 2019, 09:57:39 PM
 #103

If satoshi was not anonymous then it is likely that everyone will always try to consult him first before making any kind of new implementation to the code of bitcoin, I believe that was one reason to remain anonymous, he did not wanted bitcoin to have one leader and so he disappeared so bitcoin could move by itself without his input.
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January 17, 2019, 10:11:24 PM
 #104

That's a really good and interesting question, his anonimity is added mystery, it could possibly be some marketing but in bitcoin's situation it's not like that. You know creator of almost every other altcoin and what has changed? Almost nothing but I think situation would be different around bitcoin. As it was mentioned by some guys here, maybe there would be pressure on him. Would be interesting to know what answer elders have who knew bitcoin very first and are on this forum.

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January 17, 2019, 10:15:43 PM
 #105

How would the crypto arena be different if everyone knew who Satoshi was?

I think that being anonymous was the best choice that the founder (or the founders) of bitcoin did.

Being anonymous allows you not to be blackmailed, nor having conflicts of interest and, in this way, leaving the world a truly decentralized blockchain as it is Bitcoin.
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January 17, 2019, 10:28:44 PM
 #106

How would the crypto arena be different if everyone knew who Satoshi was?

I think that being anonymous was the best choice that the founder (or the founders) of bitcoin did.

Being anonymous allows you not to be blackmailed, nor having conflicts of interest and, in this way, leaving the world a truly decentralized blockchain as it is Bitcoin.

Me too, Satoshi wanted to create a decentralized economy and I don't think he or she should ever reveal themselves. It's a massive thing to keep secret, just imagine being the person that created something so big. I would struggle to keep that quiet.

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January 17, 2019, 11:30:01 PM
Last edit: January 18, 2019, 10:02:39 AM by anunnaki1202
 #107

Yes same thing will be with him known or unknown just with him unknown is more obvious safe for him for safety reasons.
Just look at the creator of ethereum creator he is enjoying the millions of fiat he will spend Cheesy

And is looking the mafia is more bigger in cryptocurrency than in fiat currency.
In fiat you might get some help but in cryptocurrency you don't get absolutely nothing from no one.
And everything resumes to fiat ... fiat = bitcoin ... bitcoin = fiat .. dead end.
If you you imaginary change the name of bitcoin to American dollar or any fiat results are same = fiat currency.
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January 18, 2019, 10:24:52 AM
 #108

How would the crypto arena be different if everyone knew who Satoshi was?


from the first bitcoin exists and until now the figure of Satoshi is still unknown, so I guess Satoshi will never appear and claim his existence.
so this is not important anymore to discuss who Satoshi really is
Siren
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January 18, 2019, 10:42:42 AM
 #109

How would the crypto arena be different if everyone knew who Satoshi was?
Fur sure the anonymity of cryptocurrency will be revealed or maybe we will never experience this pivacy if that happens satoshi is known by the whole public.because how can this be anonymous if the creator it self is broadcasting?this is the essence satoshi wanted to he more privacy and we will thank him for lifetime giving this one
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January 21, 2019, 07:27:47 PM
 #110

I think that this would be a completely different community. Satoshi initially safe his identity because of the idea of decentralization.
Yes, that is idea he put forward by going anonymous, decentralisation. He demonstrated the core feature of Bitcoin by allowing the community to decide the its direction and development.

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January 22, 2019, 03:53:45 AM
 #111

actually satoshi nakamoto has shown his form only a few times not only to the public and only a few people, you can see from how the transactions that occurred in Bitcoin when it was first created, satoshi nakamoto made a proposal and gave the whitepaper until someone bought and from there bitcoin remains bitcoin even though right now satoshi nakamoto is anonymous.
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January 22, 2019, 06:23:18 AM
 #112

Very nice question for the bitcoin veterans and enthusiasts all over the world, I guess if Satoshi Nakamoto was not anonymous at all maybe bitcoin will have a slower growth because then many doubters might only then think that bitcoin is just another scheme by a person who wants to get famous or get rich quickly in the expense of the population. However there are many answers that will be posted on your topic and hopefully a good and better answer will be commented here.
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January 29, 2019, 02:33:44 PM
 #113

That's a really good question and I had been thinking over the same thing. Well to be honest, we really can't predict how it would be if Satoshi's identity wasn't anonymous. I do have 2 opinions on this matter though.
1. Things would be the same if Satoshi wasn't anonymous because bitcoin would still be dependent on the market(basically us).
2. Bitcoin would have been better because Satoshi would have kept developing it over the years. One reason behind bitcoin not being widely adopted is due to it's inactive development. If Satoshi was here, he would definitely have come to solution for this problem as we all know he was a genius.

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rodel caling
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January 29, 2019, 02:39:14 PM
 #114

I don't think the the identity of Satoshi Nakamoto has such deep influence on Bitcoin community. Of course, people are curious and would like to know who he or she really was but again the very essence of Bitcoin and everything that it represents, the idea how it should Bitcoin and cryptocurrency be it's much more important.
And you have to understand that it's in very best interest of Satoshi to keep the identity hidden. At his/her place you would probably do the same.


Actually the curiosity of people who is satoshi nakamoto is one of the biggest thing can help bitcoin to grow up again the reason is people easily to convince adopt bitcoin if the author or creator aren't anonymous.
But of course I agree the most important is people knows bitcoin aand crypto all about give benefits for the community by the helpf of anonymous creator using the new technology invention.
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February 10, 2019, 02:07:50 PM
 #115

If satoshi was not anonymous then it is likely that everyone will always try to consult him first before making any kind of new implementation to the code of bitcoin, I believe that was one reason to remain anonymous, he did not wanted bitcoin to have one leader and so he disappeared so bitcoin could move by itself without his input.
Anonymous Satoshi has a specific goal, so that Bitcoin can be independent and become a joint property without dependence on Sathoshi.
Who can prove Satoshi's name? or a system created on behalf of Sathoshi? Everything becomes a mystery.
But I'm sure bitcoin is becoming big because of the trust of all bitcoin users and believes that bitcoin will become the world's digital currency.

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February 10, 2019, 08:00:53 PM
 #116

Won't make much difference to be honest. Bitcoin is decentralized. Much of the features are decentralized and It's developed in a decentralized, transparent and democratic manner. Guess there is no way a bitcoin "leader"(Satoshi) could have done something unacceptable to the software without being noticed and stopped by the community.

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February 10, 2019, 10:12:29 PM
 #117

this is where the importance of a name, if satoshi is not anonymous and known his true identity, and if he is an influential figure, known and has a good image, automatically bitcoin will also be positively affected and will add value to trust in bitcoin, but in fact until now people only able to guess who it is satoshi, but when something must have its purpose, maybe he has the thought that it would be better if his identity was hidden, at least this might be for his good, safety or privacy, and I am sure satoshi has considered this carefully and anonymously is a decision that he considered the wisest at the time
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February 16, 2019, 07:45:19 AM
 #118

Maybe Satoshi Nakamoto will be more outside, because more are interviewed and also the popularity of photos and identities will be displayed throughout the cryptocurrency media, if true Satoshi Nakamoto appeared in public


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February 16, 2019, 09:18:42 AM
 #119

How would the crypto arena be different if everyone knew who Satoshi was?
I don't see the big deal with Satoshi revealing or hiding his/her/their identity. The developers of coins like Ethereum -Vitalik Buterin - has his identity revealed but what boost does it add to the coin. What matters is the idea behind the coin and how quality it is to deliver its part of enhancing financial transactions and payment systems.
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February 16, 2019, 09:42:37 AM
 #120

How would the crypto arena be different if everyone knew who Satoshi was?
I don't see the big deal with Satoshi revealing or hiding his/her/their identity. The developers of coins like Ethereum -Vitalik Buterin - has his identity revealed but what boost does it add to the coin. What matters is the idea behind the coin and how quality it is to deliver its part of enhancing financial transactions and payment systems.

I think there will be a difference.

Satoshi Nakamoto was hidden for a reason and I think that might be because of the Bitcoin that he's holding. I've read an article that is saying that Satoshi Nakamoto is holding a million Bitcoins being mined in the past. If a lot of people knew Satoshi, people might push him to or threatens him to do something that might manipulate or control the price of Bitcoin at that time.
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