Satoshi Nakamoto, here's an idea for you (if you are still out there):

[Dabs]

Could use batching, would fit a lot of addresses in a single transaction. But still wouldn't be able to send to 7 billion addresses, not unless there is some sort of massive second and/or third layer solution already.

[1715217601]

1715217601

[1715217601]

1715217601

[Hamphser]

Your idea is weird and focused more on.. let's just say, focused only on going upward or forward. What you are aiming is the positive aspects of having every human being gets a single 10k sats each. I am not against of you focusing only the bright side but you must think also the negative side effect of massive sending of 10k sats to every person on this planet. I don't know if how many days, months or years before that 10k sats finish sending based on the current version of bitcoin today. I think even the genius people will still have a problem of making it to come true.

[o_e_l_e_o]

It is estimated that he owns 980K bitcoins.

Estimated. Which is why I said "Who's to say". No one actually knows, but I suspect it is far less than the 1 million coins figure that is bandied about.

The idea is a good one as people would get interested and open up a bitcoin wallet just to get an airdrop of about a dollar. Everyone loves free money.

I think you are grossly underestimating how much people value their time. The vast majority of people with no interest in bitcoin aren't going to spend an evening figuring out how to open a wallet just for the promise of a single dollar which they won't know how to spend or convert to fiat.

The day the satoshi account reactivates and start asking for people to send their KYC documents is the day we know that one of the forum admins has been compromised.

[Dabs]

No one actually knows, but I suspect it is far less than the 1 million coins figure that is bandied about.

No one actually knows, but it's quite possible he owns more than 1 million too. We just assume that the first two years of mining were all his, but he was around long enough to see GPU mining just get started. He could have kept mining and just moving those coins after to make them blend with the rest of the crowd. He didn't need to sell them, just keep moving them every few days or weeks or months, and since they moved, those coins would be "invisible" to everyone else just watching the original unmoved coins.

[satohsi]

for those saying something blunt along the line of "useless idea"

We should thank CRYPTORALF for his proposal. So we have been able see the limits of Bitcoin.

Size:

2 TB = 2,000,000,000,000 Bytes of transaction data

Duration:

it would take 16thousand days(45 years) just to move the funds once to individual keys

Maybe we need Bitcoin 2.0.

I couldn't help noticing that Satoshi announced that "he had moved on to other things" on two different occasions.

What do you think these other things could be? From the context, it sounds these things are unrelated to Bitcoin. Maybe he was working on other projects where programming skills were needed.
This can also be interpreted as Satoshi being more or less satisfied with the development of Bitcoin and confident in its intended future.

[franky1]

Maybe we need Bitcoin 2.0.

core devs dont even want to give us bitcoin 1.0
we are currently at 0.18.x meaning if 0.18 is 10 years they wanna play around and stiffle and limit bitcoin for over 50 years before bitcoin 1.0

the good(sarc) old core conservative politicians need to be sacked and get some programmers to be programmers.

[NeuroticFish]

Would there be a solution to achieve this without KYC?

How (else) could somebody enroll for an airdrop if he doesn't know what Bitcoin is?
How (else) could you prohibit one person from applying multiple times for the money?
You'd need KYC and probably government help too for it. Good luck with that.
Also what will happen with the coins of so many people who still never used internet?!
Also how about the tx fees?

It's a logistics nightmare with no benefit.

As said, the idea has far too many flaws.

[CryptoBry]

I don't understand how giving out 10k satoshi to every human being in the world would fuel adoption. Unless we have merchants that accepts bitcoin, those 10k satoshis will only lie idle in their wallets. It would just increase the numbers of bitcoin wallets but not actual adoption. Actual adoption will happen once people start using it as a currency. Free money would never going to solve any problem neither it would fuel adoption!
Regulation and legalization are the only way for holistic adoption growth!

Or many recipients will immediately just use the Bitcoin to be converted to real cash that they can use to buy foods and even vices like vodka, cigarettes and even hiring a paid entertainer (just assuming lol). Real adoption can be more complex than just giving Bitcoin for free, of course people will be willing to accept those with a gleeful heart but we know that actually giving money will not solve the poverty crisis still affecting many countries. Doing something like this can be making Bitcoin the biggest charitable effort ever. I am sure though that Satoshi Nakamoto is not interested with this idea.

[blckhawk]

Even though the purpose behind such thing is good, which is adoption/spreading awareness of the existence of cryptocurrencies, there are many points to critic to this idea. First of all, the implementation of such idea in a global scale. Not all people have access to the required technology, such as reliable internet and digital gadgets, to even get that 10k satoshis. Second, 10k sats won't even hit $1, which would discourage most of the public in even taking their part. You need to give identification, which is a critical step and could be used to ID every single one of us in a centralized system and would risk their identities stolen on a global scale. It's unsecure, and will most likely be doubted if the implementation fails.

[satohsi]

Maybe we need Bitcoin 2.0.

core devs dont even want to give us bitcoin 1.0
we are currently at 0.18.x meaning if 0.18 is 10 years they wanna play around and stiffle and limit bitcoin for over 50 years before bitcoin 1.0

the good(sarc) old core conservative politicians need to be sacked and get some programmers to be programmers.

Bitcoin 2.0 would be Bitcoin from scratch. The only thing we would reuse is the Bitcoin genesis block to respect Satoshi.

I couldn't help noticing that Satoshi announced that "he had moved on to other things" on two different occasions.

What do you think these other things could be? From the context, it sounds these things are unrelated to Bitcoin. Maybe he was working on other projects where programming skills were needed.
This can also be interpreted as Satoshi being more or less satisfied with the development of Bitcoin and confident in its intended future.

[coin-investor]

You are the genius behind Bitcoin and Blockchain or, to be more precise, behind its technological birth.

You could also be the genius behind its worldwide adoption. How?

By giving 10,000 Satoshi to every living human being on earth. Implementing this might be challening, but less so for a genius like you (I thought of an encrypted database where people can register with personal details, a means of identification and a Bitcoin address, allowing the Satoshi to be sent to them automatically and once only; but this is only a first idea and others might have better ideas). 

Either way... If every human registered and registered only once (of course, this is unrealistic), you would still own enough bitcoin to be (rightfully) a rich man / woman / group - and you would have secured your place in our history books not only for giving Bitcoin to humanity, but also for giving it to every single human being.

Ideas & critical responses are more than welcome! Moreover: Sorry if this idea has already been posted on the forum (a quick search didn't lead to any similar discussions).

encrypted database where people can register with personal details, a means of identification and a Bitcoin address

Who would manage this and this against what Nakamoto is teaching us, he is for decentralization and anonymity, not even a good idea to distribute to all people, he doesn't have to do that to secure his place, his name is already secured nothing to do more in his end, by revolutionizing the world by his creation he has done enough, let's not give him more obligations to do.   

[darewaller]

What is the point giving out such amount of satoshi out to some people that would still not understand it just like he did when he started, did many people not throw the coin away, which I am also sure that he created a system that will be at will of people to be used and not something that is being enforced or imposed on them.

It is better that people pick interest in it naturally and start growing in community which if many people are really serious, I don’t think that it really take much or a difficult thing to really acquire satoshi that is up to that. People need to understand the bitcoin system very well first before anything of such can happen, otherwise, those people would just change it to fiat and use it to buy one useless thing that will not add value to their future.

[shield132]

You are the genius behind Bitcoin and Blockchain or, to be more precise, behind its technological birth.

You could also be the genius behind its worldwide adoption. How?

By giving 10,000 Satoshi to every living human being on earth. Implementing this might be challening, but less so for a genius like you (I thought of an encrypted database where people can register with personal details, a means of identification and a Bitcoin address, allowing the Satoshi to be sent to them automatically and once only; but this is only a first idea and others might have better ideas). 

Either way... If every human registered and registered only once (of course, this is unrealistic), you would still own enough bitcoin to be (rightfully) a rich man / woman / group - and you would have secured your place in our history books not only for giving Bitcoin to humanity, but also for giving it to every single human being.

Ideas & critical responses are more than welcome! Moreover: Sorry if this idea has already been posted on the forum (a quick search didn't lead to any similar discussions).

At first please can you tell me how is that possible to give 10,000 satoshi to every living human being on earth? Don't you know how many people all over the world has access to computer and internet? I guess no, otherwise you would't say that.
Also despite the fact that satoshi created bitcoin, doesn't mean he is superhero that can do every thing. At first bitcoin isn't first cryptocurrency. Then satoshi created good and mysterious story around bitcoin which really played some part in making this coin popular and on the way where it is now.

[MicroGuy]

By giving 10,000 Satoshi to every living human being on earth.

This would destroy the earth within weeks. The hashrate of the network would climb to unsustainable levels and the planet would lose its energy grid.

First the icebergs would melt, then the cities would flood... all the while people asking, "When Moon?"

[Edraket31]

By giving 10,000 Satoshi to every living human being on earth.

This would destroy the earth within weeks. The hashrate of the network would climb to unsustainable levels and the planet would lose its energy grid.

First the icebergs would melt, then the cities would flood... all the while people asking, "When Moon?"

That is scary, anyway, it is impossible for Bitcoin founder  to do that, although the intention is good to make people have their crypto but it is still impossible as not all people knows Bitcoin wherein according to research only 1% of the total population knows and has Bitcoin address.

Yeah, funny but that's the reality, people will ask every minute when moon, when lambo.

[justdimin]

By giving 10,000 Satoshi to every living human being on earth. Implementing this might be challening, but less so for a genius like you (I thought of an encrypted database where people can register with personal details, a means of identification and a Bitcoin address, allowing the Satoshi to be sent to them automatically and once only; but this is only a first idea and others might have better ideas). 

You don't know what you're saying, man. What makes you think that giving out Bitcoin to everyone will make them accept it? And moreover telling people to give their identity to receive Bitcoin defeats the purpose for which it was created. And assuming that he does that, they are all still going to sell their coins and that's the truth. He's done the best he can do and that's by creating and whether you want to be part of it or not is your choice. I don't see why he should be sharing Bitcoin to the whole world.

People need to understand the bitcoin system very well first before anything of such can happen, otherwise, those people would just change it to fiat and use it to buy one useless thing that will not add value to their future.

Yep that's true! Making use of Bitcoin is something they should decide for themselves.. If he should give it out for free like the op has said a lot of people are still going to use their coins to buy whatever they want that same day.

[Baby Dragon]

You are the genius behind Bitcoin and Blockchain or, to be more precise, behind its technological birth.

You could also be the genius behind its worldwide adoption. How?

By giving 10,000 Satoshi to every living human being on earth. Implementing this might be challening, but less so for a genius like you (I thought of an encrypted database where people can register with personal details, a means of identification and a Bitcoin address, allowing the Satoshi to be sent to them automatically and once only; but this is only a first idea and others might have better ideas).  

Either way... If every human registered and registered only once (of course, this is unrealistic), you would still own enough bitcoin to be (rightfully) a rich man / woman / group - and you would have secured your place in our history books not only for giving Bitcoin to humanity, but also for giving it to every single human being.

Ideas & critical responses are more than welcome! Moreover: Sorry if this idea has already been posted on the forum (a quick search didn't lead to any similar discussions).

At first please can you tell me how is that possible to give 10,000 satoshi to every living human being on earth? Don't you know how many people all over the world has access to computer and internet? I guess no, otherwise you would't say that.
Also despite the fact that satoshi created bitcoin, doesn't mean he is superhero that can do every thing. At first bitcoin isn't first cryptocurrency. Then satoshi created good and mysterious story around bitcoin which really played some part in making this coin popular and on the way where it is now.

Let's say that it was possible but it won't make a positive outcomes, why? first, there are a lot of people that still doesn't have any idea that a digital currency exist. Second, its possible that many people will take advantage on it and use it in illegal activities. I don't even think that Satoshi will also implement this kind of idea because you should think about the results. Also, we should not depend everything on him isn't giving us opportunities enough? You know that a lot of people nowadays are using different techniques to deceive others, why if they wasn't able to use their bitcoin because someone makes them believe and then scam them? it will be wasted for nothing. Of course we can't change the fact that there will be some people who will scam others particularly those people who doesn't have enough understanding when it comes to bitcoin. It will cause a huge negative impact on cryptocurrency because bitcoins reputation is in danger if it finally happens, we don't know how other people think but i'm sure that most of them will take it as an opportunity to get more benefits.

[pooya87]

why would anybody want that at all? we want people to choose bitcoin after they see the financial sovereignty that they can gain if they were using bitcoin instead of anything else. what you are suggestion would only mean one thing and one thing only, people who receive "free money" and dump it right away. it won't even achieve what you hope for (that is adoption).

[joinfree]

Sorry @OP, i don't see how this idea of yours is going to be feasible. In the first place people need to know about bitcoin, how to use it and how to keep it safe. The industry is already struggling with that and trying to come up with so many mobile applications so that users can use bitcoin with ease and you are here calling for Satoshi (who is likely not to heed to this advice of yours) to send free money to everyone out there.

It will take us ages to get this idea of yours done and we are going to further lose more bitcoins in circulation. In your own way you can try educating people about bitcoin and its uses if you are really up for the adoption of bitcoin in the near future.

[Casdinyard]

why would anybody want that at all? we want people to choose bitcoin after they see the financial sovereignty that they can gain if they were using bitcoin instead of anything else. what you are suggestion would only mean one thing and one thing only, people who receive "free money" and dump it right away. it won't even achieve what you hope for (that is adoption).

Let's face the reality, even everyone have 10k satoshis it doesn't necessarily mean that we can fully achieve adoption. Pretty sure some wouldn't care tho. And why we will pushing this too hard to people that don't want to use it and moreover it will be useless.

While for the kyc, people don't bother to submit in exchange of less than a dollar. *even you say 10k sats will be something, eventually.

Adoption take years and we don't even know when, tbh.