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Author Topic: What is the benefit of being Satoshi Nakamoto?  (Read 474 times)
javadsalehi (OP)
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August 26, 2019, 04:00:15 PM
Last edit: August 26, 2019, 04:14:48 PM by javadsalehi
 #1

Till now, I have read many news from different people claiming they are Satoshi Nakamato.
We all know all of them are lying. But, What is the benefit of being Satoshi Nakamato? If there was any benefit the real Satoshi Nakamato would have appeared by now.
I think even if Satoshi Nakamoto is found, he/she will have trouble with governments and there will be no benefit.
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August 26, 2019, 04:21:34 PM
 #2

Being Satoshi gives the pride and fame of being the creator of the innovative technology which is gonna make a big change over the entire world. The change can be of the technology based, financial infrastructure or anything as the technology can be used anywhere unlike other technologies which has got limitations.
Don't you think he/she will get into trouble because of creating a decentralized currency which allow people to make transactions without permission of governments? If Satoshj appears, I expect him/her to be seen in the court.
In my opinion, the biggest benefit is selling bitcoins and remain anonymous.
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August 26, 2019, 04:33:11 PM
 #3

Don't you think he/she will get into trouble because of creating a decentralized currency which allow people to make transactions without permission of governments? If Satoshj appears, I expect him/her to be seen in the court.
In my opinion, the biggest benefit is selling bitcoins and remain anonymous.

There's a good chance yes. I mean, Ross Ulbricht got jailed for creating Silk Road 🤷(assuming that him hiring hitmen is 100% false) with a duration that even extends longer than some murderers. If the real actual Satoshi reveals himself, if he ever doesn't end up in court for some reason, he would most probably end up become missing or maybe receiving the "suicide with 27 gunshots behind the cranium" treatment.

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August 26, 2019, 04:34:10 PM
 #4

Being Satoshi gives the pride and fame of being the creator of the innovative technology which is gonna make a big change over the entire world. The change can be of the technology based, financial infrastructure or anything as the technology can be used anywhere unlike other technologies which has got limitations.

That's it.

People like Craig Wright, Hal Finney, Dorian Nakamoto, all could be Satoshi, or maybe they all contributed in some way to its design.

However, by creating the system that will soon shake up society, that's some serious god damn accolade.

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August 26, 2019, 05:49:47 PM
 #5

Till now, I have read many news from different people claiming they are Satoshi Nakamato.
We all know all of them are lying. But, What is the benefit of being Satoshi Nakamato? If there was any benefit the real Satoshi Nakamato would have appeared by now.
I think even if Satoshi Nakamoto is found, he/she will have trouble with governments and there will be no benefit.

Benefits can be of many types. One can be monetary benefits and another can be honour and pride. I think the honour and pride matters most here for the most important financial innovation of this era. Because Mr. Satoshi is already a billionaire through the bitcoin he holds (at least we assume that he holds) so money doesn't come into the play. Rather, the pride takes over the stage.

However, I strongly agree with your statement that if original Satoshi is found, then he will have to face a lot of legal issues from the governments around the world.

I also have strong feeling that awarding bitcoin whitepaper copyright to Craig Wright is actually a made up game by US enforcement agencies to bring actual Satoshi out from the excile to claim his right over his own innovation. I pray to God that his actual identity never comes to light. He doesn't deserve ill treatment from the regulators.

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August 26, 2019, 05:59:49 PM
 #6

Don't you think he/she will get into trouble because of creating a decentralized currency which allow people to make transactions without permission of governments? If Satoshj appears, I expect him/her to be seen in the court.
In my opinion, the biggest benefit is selling bitcoins and remain anonymous.

There's a good chance yes. I mean, Ross Ulbricht got jailed for creating Silk Road 🤷(assuming that him hiring hitmen is 100% false) with a duration that even extends longer than some murderers. If the real actual Satoshi reveals himself, if he ever doesn't end up in court for some reason, he would most probably end up become missing or maybe receiving the "suicide with 27 gunshots behind the cranium" treatment.

That's not a great comparison though, what Satoshi did vs. what Ross did is wildly different.
Not saying that a government wouldn't try to go after Satoshi, but it would be for other reasons than with Ross.

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August 26, 2019, 06:06:32 PM
 #7

Till now, I have read many news from different people claiming they are Satoshi Nakamato.
We all know all of them are lying. But, What is the benefit of being Satoshi Nakamato? If there was any benefit the real Satoshi Nakamato would have appeared by now.
I think even if Satoshi Nakamoto is found, he/she will have trouble with governments and there will be no benefit.

if it were years ago probably if satoshi nakamoto showed his true face he would be arrested. but today governments are accepting bitcoin and he could not be punished for creating bitcoin because he is not guilty if anyone uses bitcoin to commit crimes, but i believe that he would have to face the US Congress and many other politicians and regulators from various countries, when I say " he would have to face " I mean he would have to explain what his purpose was to create bitcoin. In short: he would no longer have peace and be tormented by governments

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August 26, 2019, 06:12:21 PM
 #8

I think even if Satoshi Nakamoto is found, he/she will have trouble with governments and there will be no benefit.
What if Satoshi Nakamoto himself is, the government, the CIA, the FBI, or the UN is ready to punish and who has the problems you are facing, of course there isn't.

Satoshi Nakamoto, very useful for all people of this world,
The proof is you yourself, what are the benefits of you being here: (Forum).

Since Satoshi came to the crypto / internet world and introduced Bitcoin to this world, almost everyone in the world has experienced good fortune.
example:
As you yourself from not knowing crypto now know crypto.
So, in my opinion Satoshi Nakamoto, is the savior of the economy of the world community.

R


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August 26, 2019, 06:24:59 PM
 #9

Till now, I have read many news from different people claiming they are Satoshi Nakamato.
We all know all of them are lying. But, What is the benefit of being Satoshi Nakamato? If there was any benefit the real Satoshi Nakamato would have appeared by now.
I think even if Satoshi Nakamoto is found, he/she will have trouble with governments and there will be no benefit.

I guess you can say that being the creator of Bitcoin would bring some pride and recognition amongst his peers. However, he/she/they chooses to stay anonymous and hidden from us. So obviously he/she/they doesn't want any fame or glory for being the creator of Bitcoin that we have been enjoying for the last ten years or so. He chooses to disappear from the limelight and I doubt that governments are trying to pursue him though. For crypto enthusiast, there have been a lot of actors around claiming to be Satoshi, but we all know that they are all fraud, i.e. Craig Wright.

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August 26, 2019, 06:40:28 PM
 #10

between 500,000 and 1 million BTC

that's alot of benefits

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August 26, 2019, 06:49:25 PM
 #11

For the past few years, I've been thinking off and on that Satoshi is actually more than one person.
It sounds ridiculous, but it wouldn't be the first time in history something like that happened.
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August 26, 2019, 07:14:35 PM
 #12

For the past few years, I've been thinking off and on that Satoshi is actually more than one person.
It sounds ridiculous

no it doesn't, it sounds entirely plausible

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August 26, 2019, 07:55:08 PM
 #13

The benefit is that he/she sees that the project that he had created is already on success now. Many people are recognizing bitcoin and his name is also becoming popular.

Those impostors doesn't have to do with what satoshi is fighting for and the main reason why he created bitcoin.

For the past few years, I've been thinking off and on that Satoshi is actually more than one person.
It sounds ridiculous, but it wouldn't be the first time in history something like that happened.
Many have thought about that for real.

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August 26, 2019, 08:16:38 PM
 #14



In the case of Craig Wright I think the aim to claim bitcoin trademark is the prime intention. The benefits of it is enormous that its like you own bitcoin and the altcoins are just copies of your product. Having trademark is like having rights.  Besides fame that Craig enjoys, he earns money thru it. He speaks in conferences, its odd that people in the forum despises him while the rest of the world appreciates him being fraud.

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August 26, 2019, 08:37:22 PM
 #15

Everyone is looking for him and wants to know who he is. If Satoshi is just one man I dont see many benefits in constantly looking over your shoulder or waiting for that black van to stop while you are walking down the street. I think he should be proud of his creation but aside from that I am not sure he is enjoying life that much.

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August 26, 2019, 08:58:30 PM
 #16

I ask a question from those who talk about the pride and the fame Satoshi Nakamato would have if the identity is revealed.
I understand you. I know how popular Satoshi will be. I know all the medias will interview Satoshi.
Do you think it's a benefit? Is this fame worth the trouble of being forced to answer some secret questions?
I think now he can enjoy the life more. We are sure Satoshi is a rich person.
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August 26, 2019, 09:17:09 PM
 #17

I think even if Satoshi Nakamoto is found, he/she will have trouble with governments and there will be no benefit.
What if Satoshi Nakamoto himself is, the government, the CIA, the FBI, or the UN is ready to punish and who has the problems you are facing, of course there isn't.

What do you mean what if?

The NSA and FED created the shit.
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August 26, 2019, 09:24:48 PM
 #18

Till now, I have read many news from different people claiming they are Satoshi Nakamato.
We all know all of them are lying. But, What is the benefit of being Satoshi Nakamato? If there was any benefit the real Satoshi Nakamato would have appeared by now.
I think even if Satoshi Nakamoto is found, he/she will have trouble with governments and there will be no benefit.
There is absolutely nothing but fame nothing more on the positive side.
They are just making fun of their self and I think they are doing it because they know that the true creator wouldn't reveal itself.
Maybe they are just doing it to provoke the real creator who knows what is their true goal.

larouda
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August 27, 2019, 02:10:58 AM
 #19

I guess he won't have any legal issues coz he has done nothing illegal. Just respect and pr.

Exactly! Some people are just talking crap. It'd be different story if Bitcoin and blockchain tech were illegal, which they aren't.

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August 27, 2019, 02:45:02 AM
 #20

That's not a great comparison though, what Satoshi did vs. what Ross did is wildly different.
Not saying that a government wouldn't try to go after Satoshi, but it would be for other reasons than with Ross.

Well, yea. They're really not a really great comparison, but both platforms are being used for fraudulent and illegal reasons, which I assume is the main reason why the government pursued Ross in the first place. Not sure which platform the government dislikes more though.

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