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Author Topic: Why Satoshi hides his identity?  (Read 688 times)
suvo05 (OP)
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November 28, 2019, 05:09:21 PM
 #1

Almost every day a new person comes up with the claim that he/she is the real Satoshi. The real satoshi surely does not want any kind of fame. If he/she/they want fame he could have disclosed his identity earlier. But what could be the possible reason that Satoshi still hides his identity? Does he have a big plan for the future?

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November 28, 2019, 05:14:51 PM
 #2

For the betterment of bitcoin in general. If he/she/they didn't go to hiding, the media would be giving Bitcoin some sort of "labels". For example, if Satoshi was a Trump supporter, headlines would be "Bitcoin founder is a Trump supporter" or something, potentially making non-supporters of Trump dislike Bitcoin. (I'm not saying that I'm a Trump supporter/hater. This is just an example.)

Also, idk, I'm quite sure the government would be on Satoshi's ass for creating something that could potentially dethrone the United States' official currency. Satoshi would probably be kidnapped by the government or something.

These are just 2 of many.

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November 28, 2019, 05:18:44 PM
 #3

It's simple,
When Satoshi Nakamoto reveals his true identity many people will take interest and find her and use his knowledge to control bitcoin secretly.

We do not even know if satoshi nakamoto is still alive or not.
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November 28, 2019, 05:20:42 PM
 #4

This question was already been asked frequently in this board and the threads keep bumping 'cause of repetitive answers.

Satoshi is obviously happy with his/her life and I think he/she's already satisfied with what he/she already achieved. I think there's no sense if we knew who's the founder 'cause it has advantages and disadvantages that can happen, one of those disadvantages is more problems regarding crypto and probably, politics will be included in this situation.

I hope that this kind of topic regarding him/her must be avoided 'cause it'll just create non-sense statements and in a worst-case scenario, spamming.
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November 28, 2019, 05:24:32 PM
 #5

It's simple,
When Satoshi Nakamoto reveals his true identity many people will take interest and find her and use his knowledge to control bitcoin secretly.
Do that means that you are claiming that the current developers like Max and Luke are control bitcoin according to some super invisible power  Tongue.

We do not even know if satoshi nakamoto is still alive or not.
Now that is a reason, he does not want individual celebrity status and wants bitcoin as a technology to thrive and not create celebrities.
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November 28, 2019, 05:26:21 PM
 #6

Maybe you find some difficulty and issue from the the world centralised market giants.
Obviously everyone wants to see Satoshi space and learn is identity but from 2019 onwards everyone trying to search who is he but none has confirm that exactly the right person.
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November 28, 2019, 05:26:30 PM
 #7

It's simple,
When Satoshi Nakamoto reveals his true identity many people will take interest and find her and use his knowledge to control bitcoin secretly.

We do not even know if satoshi nakamoto is still alive or not.
It's possible that there will be some people who wants to take advantage of him because of his capabilities and they are going to do it because of their own benefits, it can be the reason why Satoshi hides himself in public. Also, maybe there is a personal reason behind it or he's just too smart enough to think about the possible things that may happen if he's here since of course it has positive and negative effects to him and in bitcoin. It just makes me realized that I should should just accept the fact that he doesn't want too much attention from people and respect his decisions because we can't do anything about it.

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November 28, 2019, 05:27:32 PM
 #8

OP,  this topic has been discussed so many times on this forum and btw, why do you care to know his identity. bitcoin has been in a good probably because he didn't reveal his identity and things might go wrong if he tries to.

Also, idk, I'm quite sure the government would be on Satoshi's ass for creating something that could potentially dethrone the United States' official currency. Satoshi would probably be kidnapped by the government or something.

These are just 2 of many.

Of course they are going to be on his ass. No government would want the citizens to have their freedom. They only care about printing unlimited supply of fiat. We are not sure what actually happened to him after his last message on this forum.
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November 28, 2019, 05:28:44 PM
 #9

Almost every day a new person comes up with the claim that he/she is the real Satoshi. The real satoshi surely does not want any kind of fame. If he/she/they want fame he could have disclosed his identity earlier. But what could be the possible reason that Satoshi still hides his identity? Does he have a big plan for the future?

There really can be many reasons. First, Satoshi was a member of the Cypherpunk movement, and privacy in the digital age was their main goal, so it really not surprising that Satoshi choose to stay hidden. His invention challenges the power of the banks and governments, and while I doubt that they would have done anything against him - after all, many other developers are public people and they don't face any harassment from the government; it makes sense that Satoshi decided to remain anonymous, since he was the pioneer and it wasn't clear how the government would react.

Also, some people just prefer to stay anonymous, or publish some of their works anonymously - there's a lot of examples of it happening in history. Not everyone likes fame and public attention.

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November 28, 2019, 05:46:33 PM
 #10

In my opinion there are tons of reasons to want to stay anonymous. Including not wanting to have a bullseye painted on your back for hackers and blackmailers, having a sensitive job that may not like you being involved in this, having an abusive current or former spouse or just in general preferring to not be fucking harassed by internet trolls for the rest of your life. However, personally, i think Satoshi knew that the market had to be more important than the creator of the market. otherwise you just have another authoritarian system where his word would always be more important than market factors. so he decided to remain anonymous.
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November 28, 2019, 06:11:06 PM
 #11

OP,  this topic has been discussed so many times on this forum and btw, why do you care to know his identity. bitcoin has been in a good probably because he didn't reveal his identity and things might go wrong if he tries to.
This question was already been asked frequently in this board and the threads keep bumping 'cause of repetitive answers.

Satoshi is obviously happy with his/her life and I think he/she's already satisfied with what he/she already achieved. I think there's no sense if we knew who's the founder 'cause it has advantages and disadvantages that can happen, one of those disadvantages is more problems regarding crypto and probably, politics will be included in this situation.

I hope that this kind of topic regarding him/her must be avoided 'cause it'll just create non-sense statements and in a worst-case scenario, spamming.

I have seen lots of posts regarding the "who is real satoshi" like that. But I haven't seen any posts like "why he doesn't want to reveal his identity'.

Of course, there are two possible reasons 1. He is trying to hide from the gov.
                                                             2. He still has some plans.
I have no curiosity about his identity but I have a curiosity about his plan. Because bitcoins future is related to his future steps as well. 

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November 28, 2019, 06:18:27 PM
 #12

I have no curiosity about his identity but I have a curiosity about his plan. Because bitcoins future is related to his future steps as well. 

Bitcoin is not dependent on what satoshi's plan is. At most, he could crush the market temporarily by dumping his coins, but that would be the best ever thing that happened to Bitcoin. It basically means that the one person owning such a ridiculous number of coins has eliminated himself and made sure the distribution of coins became way healthier than it was before.

Even if you dislike Bitcoin, it makes no sense to dump it all. Bitcoin is such an economical success formula that holding is the best course of action.
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November 28, 2019, 06:36:18 PM
 #13

For the betterment of bitcoin in general. If he/she/they didn't go to hiding, the media would be giving Bitcoin some sort of "labels". For example, if Satoshi was a Trump supporter, headlines would be "Bitcoin founder is a Trump supporter" or something, potentially making non-supporters of Trump dislike Bitcoin. (I'm not saying that I'm a Trump supporter/hater. This is just an example.)

Also, idk, I'm quite sure the government would be on Satoshi's ass for creating something that could potentially dethrone the United States' official currency. Satoshi would probably be kidnapped by the government or something.

These are just 2 of many.
I think that the second thing is an important point. Not only the US, but many authorities from many countries can be very pissed with a person that challenges the status of fiat and gives people new opportunities. Moreover, Satoshi would probably have to go to court on tax evasion charges and be forced to give a solid ton of money to some government because of being that state's tax resident. Apart from that, this person would have to live with attention to every aspect of one's life and the lives of those who are dear. It's a step you make, and then there's no way back from insisting journalists for the rest of life. So yeah, there are many good reasons why this person does not reveal identity.

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November 28, 2019, 06:45:55 PM
 #14


Also, idk, I'm quite sure the government would be on Satoshi's ass for creating something that could potentially dethrone the United States' official currency. Satoshi would probably be kidnapped by the government or something.

These are just 2 of many.
For creating something which do really impose a big threat to fiat and other centralized thing then for sure he would really be followed nor even be killed if his identity is being known.

No fool or creator of BTC would easily let himself known to public yet he would know the risk.Im sure that even satoshi wasnt even expecting for BTC to become this big.

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November 28, 2019, 06:49:57 PM
 #15

Maybe just not the time but the long-awaited hour is at hand Wink One of the most likely reasons may be a dislike of excessive publicity. Someone like Elon Musk or the late Steve jobs use their popularity to promote and manage their projects and someone throws a seed into the ground and watches on the sidelines for the result.
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November 28, 2019, 06:50:31 PM
 #16

Whatever satoshi's plan is, its not related to BTC anymore. I think he said it also before he disappear. All that he did in the past were recorded in the forum and so what he said was that he is "Moving on to Other Things..." which I would only think bigger than BTC. WE see BTC to be grandeur but he must be seeing bigger than what BTC can achieve and sure his privacy matters more for him.

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November 28, 2019, 06:55:26 PM
 #17

Well that's the answer only satoshi can answer. May be he died natural death in Bitcoin early days and wasn't his desire to remain anonymous. Some says Bitcoin is created by secret services of big powers, some says he committed suicide and the stories goes on and on. This is biggest mystery of 21st century that still remain unsolved.

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milani
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November 28, 2019, 07:39:38 PM
 #18

Almost every day a new person comes up with the claim that he/she is the real Satoshi. The real satoshi surely does not want any kind of fame. If he/she/they want fame he could have disclosed his identity earlier. But what could be the possible reason that Satoshi still hides his identity? Does he have a big plan for the future?

You know, looking through the whole list of new topics created for the last week, only 5 from them are about Satoshi... How do you think, in case real Satoshi was online and with open access for all the participants from the Bitcointalk and for the whole World will his life be easy?... And comfortable?))))) In my opinion he will become crazy because of all  these questions in just 24 hours... GrinGrin  Grin in case this is a person, real person, I think he or she prefers to stay calm and just do what he like))))) but not every day all 24 hours to fight off the journalists, paparazzi, crypto enthusiasts and so on like from the annoying flies))))) with all my respect to people I think they would make real Satoshi a madman....))))))
hello_good_sir
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November 28, 2019, 07:47:05 PM
 #19

Almost every day a new person comes up with the claim that he/she is the real Satoshi. The real satoshi surely does not want any kind of fame. If he/she/they want fame he could have disclosed his identity earlier. But what could be the possible reason that Satoshi still hides his identity? Does he have a big plan for the future?
Isn't it pretty counterproductive to end up making your own coin, that promotes decentralization and doesn't really fit in to what the government wants from you, and then end up revealing yourself, and your ID to the world?

Bitcoin is about having power, and when you show everyone that you made it, people feel a bit less in control of their own money, even though that isn't the case.

This combined with the government's constant hunt for the real Satoshi, means that no one will ever endanger themselves, so we'll likely never find out who it is


mindrust
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November 28, 2019, 07:49:17 PM
 #20

He created something which would disrupt the whole financial system. Don't get me wrong, the financial system don't need bitcoin to collapse, it is doing just fine by itself but satoshi will be the guy they'll blame because what he came up with is obviously a better system than what we have now.

You would do the same if you like to keep yourself alive.

Why don't Vitalik hide too? It is because he is full of shit.

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