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Author Topic: The reasons for Satoshi's anonymity?  (Read 761 times)
Strangerinthenight (OP)
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January 20, 2019, 08:35:49 AM
 #21

Well I don't like the negativity of this thread, I think we should be grateful that Satoshi created this currency to make us free from the government grasp, bitcoin was created to eliminate third party so we can have faster and more convenient transaction, I don't see bitcoin as the scam product, it's the people that used bitcoin for criminal things, bitcoin is just a medium and never intended to be created to do bad things
People need to think and analyze everything, if they stop doing this, they will turn into brainless sheep.

And I do not believe that someone simple could create alone and, most importantly, successfully promote new money to the people. Intuition tells me that everything is not so simple.

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January 20, 2019, 11:29:48 AM
 #22

We can't answer such question, only Satoshi can.
We can just guess and really we had so many different topics on this forum with similar questions.
I know that people are very curious about him and his idea behind bitcoin but we all should accept that we will never know all facts and truth about Satoshi.
So, why we just can't accept it and move on with our lives?
For me is more important Bitcoin and vision behind it.
BItcoin belong to all of us and we are all part of the future.
So, enjoy the ride! Smiley


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NellaKharisma
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January 20, 2019, 11:56:23 AM
 #23

This is not the type of question, everyone will answer with many possibilities. Even if Satoshi is present, it will not make an agreement to increase the block transaction greater than 1MB. Logically, Satoshi is the founder of bitcoin who deserves to be called the hero of data transparency.

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January 20, 2019, 02:36:15 PM
 #24

What do you think? I would also not want to have a huge amount of money in my accounts to be a public figure that everyone is watching.
The chance that you just kidnap, will learn the keys to your wallets increases many times!
A person lives a quiet life without thinking about anything and he likes it. So why tell the world about yourself I do not understand.

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Reid
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January 20, 2019, 03:14:17 PM
 #25

Does it really matter?!
Is it really that important to go way beyond those kind of research just so to say he aint really doing it for the good reason?

I dont think it is that much important anymore. Bitcoin is established by now and all we have to do is used it. Why meddle with the past when you could create a better future if merchants starts transacting using BTC. Right?

codegnome
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January 20, 2019, 03:32:08 PM
 #26

Staying anonymous and walking away is the second best thing he could possibly have done after creating it.

It doesn't matter if Big Brother created it. Big Brother has zero control over it. It's in the hands of its users.

And no one should give a shit what you think about it.

I would not be sure if only the community manages the whole situation around the Bitcoin project. At the moment, it seems that full power belongs to the community. However, what would happen if the BTC price grew to $100k (or even more) and at this point it would turn out that someone has access to Satoshi's wallets and starts selling everything? It would be a total catastrophe of all cryptocurrencies, total and irreversible destruction of the entire market.

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Xardasim
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January 20, 2019, 06:09:37 PM
 #27

Satoshi's existence will not change anything. Perhaps his disappearance has helped Bitcoin evolve as it is now. In my opinion he ran away from the pressure that could be imposed on him. Because what was created is seen as a future even after 10 years. It may be related to the amount of BTC in his account, but no one knew that the price would reach 20k.
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January 20, 2019, 08:23:03 PM
 #28

Because even if you think that the belief that you'll become a government target after inventing a way to decrease their power over individuals is exaggerated - being popular quite frankly sucks.
Beyond high school, you prefer to be in incognito mode, not followed by annoying journalists, giving interviews where every single word of yours gets twisted, being followed on streets, photographed by strangers, receiving weird looks in supermarkets. So even if you think that the other reasons sound far-fetched, many people, especially introverts, would simply not enjoy being famous.

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CryptoToxicAvenger
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January 20, 2019, 08:59:24 PM
 #29

I think he had his reasons for staying anonymous. But it is unlikely that he did it out of evil intentions. Many of us also prefer to remain anonymous and there is nothing wrong with that. I think Satoshi knew what he was doing.
reynald70
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January 21, 2019, 06:39:36 AM
 #30

We won't know the real reason for Satoshi's anonymity anyway. Your assumptions have a place to be, too, but I think Satoshi had no malice.
Yes, I think Satoshi Nakamoto intends to hide his identity at any time, because he knows that Bitcoin will be of high value in the future, he might be a good person, so he doesn't want to be famous and he just wants to hide.
imstillthebest
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January 21, 2019, 07:05:27 AM
 #31

We won't know the real reason for Satoshi's anonymity anyway. Your assumptions have a place to be, too, but I think Satoshi had no malice.
Yes, I think Satoshi Nakamoto intends to hide his identity at any time, because he knows that Bitcoin will be of high value in the future, he might be a good person, so he doesn't want to be famous and he just wants to hide.

if he is really a good person then why hide ? he will only give confusion and questions to us if he will be living this way .  

cryptos were created to have an anonymous feature and this is also the reason on why the founder wont  expose himself to the public in order to give respect to his creations  .

Does it really matter?!
Is it really that important to go way beyond those kind of research
I dont think it is that much important anymore. Bitcoin is established by now

yes it does really matter because this isnt a simple currency  . cryptos are verry controversial and we need to dig its past in order to unravel its mysteries . bitcoin is establish now but it can do more better if satoshi is out and will explain it to the media . cryptos can gain an easy reputation that way .
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January 21, 2019, 10:55:42 PM
 #32

He/she/they chose to be anonymous, and they left a gift that changed human history.
The simple answer is: Because he/she/they could, and decided to do so.
Whoever made it doesn't matter, the genie is out of the bottle, and the world changed, and will keep changing, because we are only witnessing the very beginning. Sooner than later, we are going to be paid and pay with bitcoin, without any exchanging. Then we would have advanced as civilization.

Fiat currencies will become a thing of the past, and perhaps some failed schools of economy that depend on perpetual inflation and debt...

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BitcoinFX
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January 23, 2019, 06:46:11 PM
Last edit: January 23, 2019, 07:12:18 PM by BitcoinFX
 #33

You don't need to create a some big grand conspiracy around satoshi's anonymity.

Bitcoin in it's nature goes against the status quo at it's highest expression: money and control of such. It was rather obvious that TPTB would go against the creator. Look at all the previous attempts at stateless money = they all got shut down because they weren't decentralized networks. In sum, if satoshi was smart enough to create Bitcoin, he was smart enough to understand the fact that he must not reveal himself ever.

This doesn't invalidate TPTB theory tho, it could be that "satoshi" is some kind of very influential group that for some reason released Bitcoin, however it cannot be any state, since Bitcoin gives access to stateless money, the question is: who would be interested in trojan-horsing all existing states?

Satoshi knew the potential risks in regards to Bitcoin creation. The USA (as well as many other nation states) have 'rules' on the creation of currency in competition to FIAT (for example) ...

- http://www.communitycurrencieslaw.org/currency-laws/
(Note: not definitively digital cash, so I will try to post another example later, however, you will all get the gist.)

The best way I can explain this is that when Satoshi talked about E-cash he/she/they were not only referring to Digital Currency ...

- https://en.wikipedia.org/wiki/Digital_currency

... but to the fate of 'e-gold' / DGC companies, which tried to back themselves with physical Gold and/or centralized certification models.

- https://en.wikipedia.org/wiki/Digital_gold_currency

Bitcoin is basically a decentralized DGC P2P network, where the 'intrinsic' (gold-like) backing is via the cryptography, math, finite supply and the electrical cost of production (plus any equipment / overheads) i.e. a rarity and scarcity value proposition and at the same time being 'money'.

- https://satoshi.nakamotoinstitute.org/quotes/government/

..."Governments are good at cutting off the heads of a centrally controlled networks like Napster, but pure P2P networks like Gnutella and Tor seem to be holding their own."... - Satoshi Nakamoto - 2008-11-07

A statement that remains true today.

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January 23, 2019, 07:03:38 PM
 #34

you shouldn't compare Satoshi with people such as Buterin because while Satoshi created bitcoin to change the world, they created their altcoins to make money (change their own life by getting rich). that is why they keep advertising their coin.

Let's think together why Satoshi so zealously guards his anonymity for a large number of years.

are YOU a zealot? or maybe a scammer? because that is my conclusion of your post, anybody who is not revealing his or her identity must have an evil intention and you didn't reveal your identity here either!

to answer your question about why Satoshi has never revealed his identity, it is because it wouldn't make a difference. why would you want to know it anyways? why do you care? bitcoin is a decentralized system that doesn't have an "owner" unlike all these centralized shitcoins. knowing who Satoshi is, can lead to that mentality of centralizing it to one person and looking up to him for every decision.
Maybe we don't have to compare but also at the same time if satoshi ownes a lot of bitcoin (980K claimed), so id that's true, then it absolutely means his target was profit too. Well, doesn't matter because this coin is great and revolutionary. The reason why he didn't reveal his identity (if satoshi is really a person and not team) is his future plan. Popularity and attention can't always bring you good things, sometimes it's better to stay in shadow. It's not so hard to understand even if you are just simple human.

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January 23, 2019, 07:11:44 PM
 #35

I think it's his/her right if Satoshi prefers to remain anonymous. Some people don't like the fame and even more when you have billions in assets. When someone flaunts wealth they have more chances of falling victim of extortion, kidnappings, blackmail and more.  I see nothing wrong with Satoshis anonymity.  Cool
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January 23, 2019, 07:21:32 PM
 #36

I think that reason is rather simpt, probably he likes privacy and doesn't want to be exposed to publicity. Probably he also owes a significant wealth in Bitcoin and we are aware this might bring certain risk if disclosed to public. Maybe there are some other reasons behind the decision to stay anonimous, like personal security, protection from politics and certain interest gropus. Reasons could be numerous and we should respect that and not speculate so much about his identity, it's really not so important.

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January 23, 2019, 10:36:20 PM
 #37

It is simple and clear, our government do not associate nor support anything that benefits the masses so they'd definitely go after satoshi so I think that's the more reason for the anonymity
This is most likely the correct answer if he gave away his identity it could have been possible for governments to try to kill bitcoin when it was born but since they did not know who created bitcoin they could not go after him, it is clear he never had any intention of revealing his identity since he took all the protections he could to hide it forever.
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January 23, 2019, 10:47:01 PM
 #38

except that a group of people did it and they don’t want them to know, I don’t see more than other thoughts and theories. probably it was like that
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January 23, 2019, 11:01:24 PM
 #39

Satoshi and Bitcoin are a part -- not a "small part", but still only a part -- of a much larger project. Satoshi is only one paw of an unseen cat. A cat with many, many paws. This thread is relevant: https://bitcointalk.org/index.php?topic=5084077.0

Satoshi Nakamoto is Murat Pak.
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January 23, 2019, 11:35:19 PM
 #40

I think that Satoshi wanted to remain anonymous because he did not want anyone to influence Bitcoin by influencing him. I also think that Satoshi was much calmer to remain anonymous. Satoshi got fame even while remaining anonymous.
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