Why did Satoshi Quit?

[ConnerDalfino]

Recently, I read an article that made me wonder why Satoshi decided to quit the project without ever returning, and secondly, what could be so significant that he could leave such a large project as Bitcoin. Another thing is that technology has progressed a lot so why no one has been able to track him down. These questions were probably answered in the past, but I couldn't find any believable answers.

Article
https://mycryptoparadise.com/satoshi-announced-his-departure-from-bitcoin-10-years-ago/

Thanks for your answers in advance.

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[anu1908]

nobody knows. he said he's working on another project, but i never recall he explains more about it. i guess he believes the community around bitcoin is good enough at that time, and since his goal is achieved, he let the project go and allows the community to take over it.

[Gozie51]

Satoshi’s hypothesis that he felt the ship was ready to journey without him was the most likely one behind the disappearance

I think that seem to answer more to your question from the link you sent. We know bitcoin is a community based project and it has been moving with or without satoshi and perhaps that reason could be a big answer.

I also believe that because it was meant to fulfill the purpose of decentralisation, so it doesn't need to have anybody behind the seen like centralised coins. Surely, you don't hear of bitcoin manipulation.

[btc-room101]

Recently, I read an article that made me wonder why Satoshi decided to quit the project without ever returning, and secondly, what could be so significant that he could leave such a large project as Bitcoin. Another thing is that technology has progressed a lot so why no one has been able to track him down. These questions were probably answered in the past, but I couldn't find any believable answers.

Article
https://mycryptoparadise.com/satoshi-announced-his-departure-from-bitcoin-10-years-ago/

Thanks for your answers in advance.

NakamotaSA, aka NSA  quit the day, his partner had a meeting at CIA. ( study the BITCOIN early emails, avail online ). IMHO once the CIA got involved, the NSA got out. As to why the early pristine coins have never been spent, its a matter of national security, if you actually spent those coins, they would track you down, if you were an insider they could put you to death, or imprison you in a box for life. Thats why the coins haven't been spent. But they have been spent slowly, these days lot of orginal public-keys have been crack a few years ago 2,000 remaining, today less than 900.

The real question is why so much talk about a guy that never existed, Is the mythology narrative failing??

Have an anonymous nobody is the perfect cover for an IMF-BIS project delivered by NSA (crypto) and when the CIA came it to get its cut, it was released into the wild.

You can't track down a person who never existed.

My guess if there was anyone it would be Hal Finney, but he's dead, but he's the only person in the chain, that actually had a brain between his shoulders publicly in the time-frame. IMHO the BTC source is/was a team effort of GOV contractors ( like many C++ folks say, the code is of low quality )

More to the point, SHA256 & SECP256k1 are NSA, why on earth would somebody pick NSA if their goal was to F*CK-YOU the USA-banks, so said the myth of the times. Then Secp256k1 is one of the most obscure an questionable ECC curves of all time published by the NSA. Only an insider in Certicom would even know about this stuff at the time. Backdoors to infinity.

In summary, TS-ELLIOT said it best long ago "Women come & go, speaking of Michaelangelo"

Why now, why so much BULLSHIT about mythology? My guess is they're concerned, concerned that BITCOIN is getting too big, and too many people are asking questions.

On the simplest level, as somebody who wrote cryptography software years ago, I would say the NSA released the code, because they wanted to know how long it would take the public to crack SHA256, and SECP256k1, now the NSA can crack them, but once its publicly cracked ( routinely, and easily, were not there yet), then they bring out new higher level, lots of corporations use SHA256, so they need to know when something is cracked. Since 1950s NSA has NEVER published commercially an algo, where they didn't have a back-door. Fact.

Another mysterious fact is the IMF-BIS white paper from 1997 called "HOW to make a digital bank", its 90% the same paper Satohsi released in 2009 yet Satoshi doesn't reference the BIS document, that is telling. BIS is bank of international-settlements the bank of all central banks worldwide, in Switzerland operating in secret since 1910's, just like FEDeral-REserveBank. A private club, and you all ain't in it.

Why did Satoshi original narrative say BITCOIN will destroy banks, or BITCOIN will make you free. Quite clever the BIS could only sell crypto, if it was anti-gov, but now that everybody gets rich, well the old story, all humans will sell their parents livers for cash. So now everybody gets rich, and the BIS-IMF reset the world with COVID, and crypto-currencys are accepted worldwide.

IMHO the outcome here is that BTC crashes, and the GOV brings forwards "SAFE CRYPTO", enjoy your permanent slavery.

[Oshosondy]

Recently, I read an article that made me wonder why Satoshi decided to quit the project without ever returning

Satoshi did not quit bitcoin project, he completed it.

and secondly, what could be so significant that he could leave such a large project as Bitcoin.

Sotoshi may want bitcoin to be completely decentralized, not having central authority. He may want people that are using bitcoin to think they are the Satoshi, that not him alone.

Another thing is that technology has progressed a lot so why no one has been able to track him down.

Track down? Why. Is he a terrorist? No. That is why.

[btc-room101]

Satoshi’s hypothesis that he felt the ship was ready to journey without him was the most likely one behind the disappearance

I think that seem to answer more to your question from the link you sent. We know bitcoin is a community based project and it has been moving with or without satoshi and perhaps that reason could be a big answer.

I also believe that because it was meant to fulfill the purpose of decentralisation, so it doesn't need to have anybody behind the seen like centralised coins. Surely, you don't hear of bitcoin manipulation.

Surely your joking. Satoshi paper talks about it only working if more than 51% is on the same page ( consensus ),.e.g. running the same mining software, today CHINA-CCP controls +67% of mining ( block-chain/tranaction-approval), and produces 99% of ALL BTC ASIC HW on earth. China-CCP can re-deploy BTC anytime they wish, even if they haven't already.

Decentralized my Arse.


The real question is why did NSA allow CHINA to adopt their 'trojan horse' for virtual currency.

IMHO it all goes back to the simple fact that MAO&ROCKEFELLER were pals, MAO was financed by old rocky, and the BIS was the banker for MAO for his 1,000 miles march, old diarys of old JD-Rockefeller he says "Bringing Mao to power, was his greatest experiment of his life", see Rockefeller, then like GATES now, these Rich guys do crazy things with their money.

CHINA is to be the first CBDC digital-currency, all USA jobs were shipped to CHINA long ago, nobody has invested a nickel in USA for years, everything in CHINA new.

I seriously expect CHINA to redeploy the huge infrastructure of BTC in CHINA towards the CBDC-YUAN, they will because they can, and they just put the creator/owner Jack-ma in House-arrest and seized all his companys, ant, bitmain, alibaba, ...

The USA, the old penal-colony, what about it in this New World Order?,

They'll finish the wall an keep them locked inside. Most likely the FED will bail out Bitcoin, because its now too big to fail, and they'll probably rebrand it to CBDC-USA; It really doesn't matter, because its all going to be ran on Chinese HW, with CHINA as the owner

Look at it this way USA was bank-rupted in the civil war, and sold out to UK as debt note, DC is not part of USA, its British-Owned, just like CIA(OSS), just like BLM; UK will sell its interest in USA to China, China will gradually turn up the screws until all opposition in USA is dead, think Deagle-Report 90% reduction of USA population by 2025. Recall Deagle was Rockefeller chief long term planning manager in the 1950's J.C. Deagle.

The USA was bankrupted in 1907, and created the FED 1913 and run by UK, the USA was bankrupted during WW2, and sold out its gold ( why they confiscated ), and created NSA & National-Security State ( british management on USA soil ) and then the USA was bankrupted when they went off the Gold-Standard, post Vietnam War. Today the USA is a strawman with nukes, but no super-power fears USA, which is probably why CIA has appointed leaders like Biden or Trumpy to bark a lot, like a small dog.

Some of the above may be hard to swallow, because ignorance runs deep, but long ago, much of this stuff was common knowledge.

COVID, NewWorldOrder, Reset, Bitcoin; Its almost complete.

[Upgrade00]

today CHINA-CCP controls +67% of mining ( block-chain/tranaction-approval), and produces 99% of ALL BTC ASIC HW on earth.

China does not control the mining hash directly, pools in China which are the most popular is the main cause of the high percentage, this does not all those mining power originates from China;
The pool members could choose to switch to another pool outside if it becomes necessary.

[DooMAD]

today CHINA-CCP controls +67% of mining ( block-chain/tranaction-approval), and produces 99% of ALL BTC ASIC HW on earth. China-CCP can re-deploy BTC anytime they wish, even if they haven't already.

I see, so you're one of those mentally challenged individuals who perceive an entire nation of people as some sort of collective hive-mind with no free will of their own.  Most rational people would see a vast assortment of individuals who happen to reside within a set of arbitrary borders, each with their own thoughts, opinions and goals.  But no, you think China is effectively 'the Borg' from Star Trek.  "Resistance is futile", right? 

Apparently, around 1,400,000,000 people located in this one region are all just mindless drones and do whatever their Hive Queen instructs them to.  Thank you for pointing it out to us.  I'm shocked no one had noticed until now.  Unless, of course, that's not remotely true and you're just a fucking imbecile.  I wonder which is more likely?   

We don't care if you're a bit of a racist and have no concept of people in other countries being able to think for themselves.  You might be surprised to find most of them are better at it than you are.

[btc-room101]

today CHINA-CCP controls +67% of mining ( block-chain/tranaction-approval), and produces 99% of ALL BTC ASIC HW on earth. China-CCP can re-deploy BTC anytime they wish, even if they haven't already.

I see, so you're one of those mentally challenged individuals who perceive an entire nation of people as some sort of collective hive-mind with no free will of their own.

Yes, that's how it works with BITCOIN, if somebody control +51% of the mining software, then they decide the consensus. The consensus decide which transactions go into the block-chain.

Now that you mention it, in China, when the CCP says "Jump" 1.4B do jump, or they perish, besides its a co-operative society unlike the USA where everybody is at each others throats.

Bitcoinista's think the entire free world is without freedom, that they must HODL on demand, as HRC says "What difference does it make"??

CCP owns the Miners, they own the software that run's on the miners, they own the HW that runs  the mining software. The CCP owns the mining-pools. When CCP issues a dictum you do or die, been this way 50+ years, many generations and nobody disputes the system, cuz its made everybody rich, funny just like BITCOIN so long as you make 'them rich', they'll follow you anywhere.

I can remember 40 years ago the streets of Shanghai were were of dirt, and all the eye could see is bicycles. Today world class subway, and the streets are clean and rather empty. During the same time not a nickel has been spent on infrastructure in the USA. In the US people defecate on the streets without a second thought, unheard of in ASIA.

why Satoshi decided to quit the project without ever returning

He didn't quit, the email trail says that one of his beta-testers had been called to the CIA for a meet-up, and that was the last ever heard of NakamotaSAtoshi.


[moderator's note: consecutive posts merged]

[BlackHatCoiner]

Yes, that's how it works with BITCOIN, if somebody control +51% of the mining software, then they decide the consensus. The consensus decide which transactions go into the block-chain.

You never stop spread FUD, don't you? That is wrong, dear readers. To correct the above propagandist:  If some authority controls the majority of the computational power and wants to harm the network it can by reversing transactions or by generating empty blocks. The consensus has nothing to do with that authority since it's a general agreement. The miners don't vote for changing the consensus rules, you should have read this on a forum quote.

He didn't quit, the email trail says that one of his beta-testers had been called to the CIA for a meet-up, and that was the last ever heard of NakamotaSAtoshi.

That is also not true. The last confirmed message of Satoshi was on Sat, Apr 23, 2011 when he replied to Mike Hearn that he had moved on to other things.

[ReiMomo]

why Satoshi decided to quit the project without ever returning

He didn't quit, the email trail says that one of his beta-testers had been called to the CIA for a meet-up, and that was the last ever heard of NakamotaSAtoshi.

I don’t think Satoshi did quit founding the bitcoin. It’s more of keep his identity as a secret and living a simple and happy life somewhere. I imagine him hanging out with normal people at the beach and being the kindest and most generous person you will ever meet.

Obviously, this guy is a sigma male, in that personality, they would prefer to stay private and still able to lead big time. They prefer to have their lives alone from the people but still able to cope up with reality and this guy really is a great one, I admire him establishing a very impossible project in the world of finance. Kudos to him for that!

[Joel_Jantsen]

Recently, I read an article that made me wonder why Satoshi decided to quit the project without ever returning, and secondly, what could be so significant that he could leave such a large project as Bitcoin. Another thing is that technology has progressed a lot so why no one has been able to track him down.

"Technology has progressed a lot" - is an overstatement. There are a lot more problems technology needs to solve before able to find Satoshi. For instance, child trafficking, poaching animals, etc.

These questions were probably answered in the past, but I couldn't find any believable answers.

There are no believable answers, you're free to believe whatever you want if you can't create your own theory.

[Billak]

I think he quitted because he wants to do something else, maybe a Bitcoin v2.0.
In my opinion his job is done regarding BTC...  

[Nhazwrath]

today CHINA-CCP controls +67% of mining ( block-chain/tranaction-approval), and produces 99% of ALL BTC ASIC HW on earth. China-CCP can re-deploy BTC anytime they wish, even if they haven't already.

I see, so you're one of those mentally challenged individuals who perceive an entire nation of people as some sort of collective hive-mind with no free will of their own. 

Yes, that's how it works with BITCOIN, if somebody control +51% of the mining software, then they decide the consensus. The consensus decide which transactions go into the block-chain.

Now that you mention it, in China, when the CCP says "Jump" 1.4B do jump, or they perish, besides its a co-operative society unlike the USA where everybody is at each others throats.

Bitcoinista's think the entire free world is without freedom, that they must HODL on demand, as HRC says "What difference does it make"??

CCP owns the Miners, they own the software that run's on the miners, they own the HW that runs  the mining software. The CCP owns the mining-pools. When CCP issues a dictum you do or die, been this way 50+ years, many generations and nobody disputes the system, cuz its made everybody rich, funny just like BITCOIN so long as you make 'them rich', they'll follow you anywhere.

I can remember 40 years ago the streets of Shanghai were were of dirt, and all the eye could see is bicycles. Today world class subway, and the streets are clean and rather empty. During the same time not a nickel has been spent on infrastructure in the USA. In the US people defecate on the streets without a second thought, unheard of in ASIA.

How DO you keep it all straight?  Or make it fit with what ever the hell you made the hell up yesterday?

[SaShiRaJaVu]

These questions were probably answered in the past, but I couldn't find any believable answers.

If you are looking for believable answers then you wont get those because you can only get that from satoshi, the rest can only speculate on the reasons why he left the project all of a sudden. The reasons are many, WikiLeaks accepting Bitcoin as donation, Gavin Andresen meeting the CIA and these are the factors that are known that forced Satoshi to leave.

[chaoscoinz]

Recently, I read an article that made me wonder why Satoshi decided to quit the project without ever returning, and secondly, what could be so significant that he could leave such a large project as Bitcoin. Another thing is that technology has progressed a lot so why no one has been able to track him down. These questions were probably answered in the past, but I couldn't find any believable answers.

Article
https://mycryptoparadise.com/satoshi-announced-his-departure-from-bitcoin-10-years-ago/

Thanks for your answers in advanceh

Who is to really say that Satoshi Nakamoto really ever existed at all in the first place? The only context clues Satoshi left was a style of writing that may have lead to him being an English chap (cheers!) but that was about it. It could be a whole team of people, who really knows for sure? What about that conspiracy, about Satoshi going quantum? After he completed his mission here on Earth he turned into condensed light and dematerialized, Beam me up Scotty, another pint!
 All joking aside, they say that Satoshi, is most likely a quantum computer, because his past & present behavior was/is too altruistic , I mean for gods sake, He hasn't spent one coin from his purse since inception.

[BrewMaster]

I think he quitted because he wants to do something else, maybe a Bitcoin v2.0.
In my opinion his job is done regarding BTC... 

people who have bags of shitcoin have been dreaming about this for as long as bitcoin has been around, thinking there is such a thing as bitcoin 2.0 that is replacing bitcoin. there is even a meme called "flippening" which comes along every now and then during the shitcoin pumps and disappears as soon as they start dumping.

[famososMuertos]

The bitcoin project itself is great, innovative but the "orange" genius of all this lies, in your very question ... it needs to be like that, in essence satoshi's anonymity is the soul of bitcoin and it is intrinsic in what it represents in its identity.

[acener]

Base on how I see it Satoshi leaves when he sees that the project is already in good hands or it is already a success for him and left it to some people he trust.
We don't know the main reason just like the price or movement of Bitcoin we could only speculate or guess,
And for me Satoshi only wants to create it to give us financial freedom and when he sees that it is already a success he decided to leave it and move to another project.
But I think the better question here is did Satoshi really leaves the cryptocurrency ?
Maybe he just wants to lay low and we don't know if he is still with us now.