Abiky
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October 03, 2022, 12:31:24 AM |
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To even make it more simple, if Satoshi should show up his identity that does not change any fact about bitcoin here, if we the users on the bitcoin forum understand the need for privacy and have it secured and the forum itself been built under serving you with privacy without requiring for any verification or kyc during the point of registration, I see no reason why Satoshi should reveal his privacyz for what? that we should all believe what we already have no doubt about or to help bitcoin global adoption, i still can't figure a genuine reason why his privacy should be revealed and don't think it will be ever done at later future.
Satoshi is probably dead, so people should carry on with other important things in life. It was a good thing the creator of Bitcoin decided to become an anonymous person, or it would've been targeted by mainstream governments already. He did it to help protect the project's decentralization and censorship-resistance. According to the whitepaper, Bitcoin was truly meant to be "Peer-to-Peer Electronic Cash". That means no middlemen or third parties whatsoever. Unfortunately, regulators ruined everything by requiring exchanges to comply with KYC/AML laws. This takes crypto one step back by introducing the middleman. It would be no different than the traditional banking system crypto/Blockchain tech was meant to avoid in the first place. There's nothing we can do now since Bitcoin has gone into the mainstream. While it's still possible to trade and use Bitcoin without KYC/AML, you won't get the same liquidity/convenience as you would through centralized exchanges or other centralized service providers. At least, we know Bitcoin won't be going anywhere because of the way it was designed. As long as the community keeps it decentralized/censorship-resistant, there should be nothing to worry about. Just my opinion
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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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AmoreJaz
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Leading Crypto Sports Betting & Casino Platform
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October 03, 2022, 04:15:48 AM |
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even though Satoshi Nakamoto has always told him his identity, I think bitcoin will still be victorious and be number one as it is now because bitcoin is the first digital money in the world, don't think if satoshi shows up and reveals his identity will make bitcoin unstable or down it's a big mistake in my opinion, even if Satoshi appears it will be phenomenal and attracts all especially for bitcoin progress.
To even make it more simple, if Satoshi should show up his identity that does not change any fact about bitcoin here, if we the users on the bitcoin forum understand the need for privacy and have it secured and the forum itself been built under serving you with privacy without requiring for any verification or kyc during the point of registration, I see no reason why Satoshi should reveal his privacyz for what? that we should all believe what we already have no doubt about or to help bitcoin global adoption, i still can't figure a genuine reason why his privacy should be revealed and don't think it will be ever done at later future. well, we don't need to search or investigate the identity of satoshi. as with more than a decade of btc existence, he still remained a mystery to all of us and prefer that way. i guess, that's one mystery in this crypto revolution, the creator of bitcoin. maybe, in time, it will be revealed but it will not be relevant at that time. we just need to be grateful that we have this technology today. it changed and continuously change the lives of people in some ways.
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Piesel
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October 04, 2022, 07:00:51 AM |
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even though Satoshi Nakamoto has always told him his identity, I think bitcoin will still be victorious and be number one as it is now because bitcoin is the first digital money in the world, don't think if satoshi shows up and reveals his identity will make bitcoin unstable or down it's a big mistake in my opinion, even if Satoshi appears it will be phenomenal and attracts all especially for bitcoin progress.
To even make it more simple, if Satoshi should show up his identity that does not change any fact about bitcoin here, if we the users on the bitcoin forum understand the need for privacy and have it secured and the forum itself been built under serving you with privacy without requiring for any verification or kyc during the point of registration, I see no reason why Satoshi should reveal his privacyz for what? that we should all believe what we already have no doubt about or to help bitcoin global adoption, i still can't figure a genuine reason why his privacy should be revealed and don't think it will be ever done at later future. Satoshi identity does not have any impact on Bitcoin but his large Bitcoin holding does have big impact on Bitcoin, despite the fact that the original concept of Bitcoin is generalization and privacy consciousness this is why bitcoins are p2p oriented for privacy sake. What I believe is Satoshi already had a well-planned road map of this and that is why he become anonymous immediately after the Bitcoins network became live and transactions were confirmed marking the first time stamp.
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8rch7
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October 04, 2022, 09:09:56 AM |
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Satoshi's identity is still unknown, until now we don't know where he came from, some say Satoshi is American, some say Satoshi is Japanese, some say Satoshi is one person and some say Satoshi is a group ,then they gave the name Satoshi, actually we don't need to dig about who Satoshi really is, we just enjoy what he has done for us and we are quite grateful to Satoshi who has worked hard to introduce crypto currency to us, because in the past we only know the FIAT currency which is controlled by the government, but after Satoshi introduced crypto currency, we can also be free from third parties to make transactions in any country we want. without government intervention.
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Minor Miner
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Be A Digital Miner
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October 04, 2022, 09:18:42 AM |
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even though Satoshi Nakamoto has always told him his identity, I think bitcoin will still be victorious and be number one as it is now because bitcoin is the first digital money in the world, don't think if satoshi shows up and reveals his identity will make bitcoin unstable or down it's a big mistake in my opinion, even if Satoshi appears it will be phenomenal and attracts all especially for bitcoin progress.
To even make it more simple, if Satoshi should show up his identity that does not change any fact about bitcoin here, if we the users on the bitcoin forum understand the need for privacy and have it secured and the forum itself been built under serving you with privacy without requiring for any verification or kyc during the point of registration, I see no reason why Satoshi should reveal his privacyz for what? that we should all believe what we already have no doubt about or to help bitcoin global adoption, i still can't figure a genuine reason why his privacy should be revealed and don't think it will be ever done at later future. Satoshi identity does not have any impact on Bitcoin but his large Bitcoin holding does have big impact on Bitcoin, despite the fact that the original concept of Bitcoin is generalization and privacy consciousness this is why bitcoins are p2p oriented for privacy sake. What I believe is Satoshi already had a well-planned road map of this and that is why he become anonymous immediately after the Bitcoins network became live and transactions were confirmed marking the first time stamp. I think the opposite, the identity of satoshi will have a huge impact on bitcoin. Assuming satoshi's identity is revealed and the government comes to him, he will surely be questioned about everything about bitcoin. The government will make him work for them and worse, they will make him change the algorithm and cause bitcoin to increase the supply or will help them control bitcoin in some way. I think he is the creator of bitcoin then he can also reverse some of the algorithms he created, otherwise they will find a way to destroy his identity and imprison him, which will certainly hurt bitcoin. These are my thoughts, correct me if I'm wrong.
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Abiky
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www.Crypto.Games: Multiple coins, multiple games
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October 05, 2022, 01:30:02 AM |
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I completely agree with you on this.. I belive it gave people a sense that Bitcoin is truly decentralised otherwise people would be pointing out Satoshi as the owner and would have blamed him for each falll. While making him change the Bitcoin algorithm or increase supply to meet public demand or authorities would have scuttled the project by personally targetting him.
I don't get why most projects these days have their team members' identities public. It gives governments the chance to prosecute the individuals behind crypto projects at will. There's a reason why Satoshi never disclosed his identity in the first place. If only Vitalik copied Satoshi's footsteps, the Ethereum project wouldn't had been a mess today. The sanctions against the Tornado.Cash mixer and the PoS upgrade on the ETH blockchain have greatly undermined people's privacy and freedom. I believe crypto/Blockchain tech needs to remain as decentralized and censorship-resistant as possible to help render governments' efforts worthless. It seems to me that only Bitcoin will remain decentralized because of its unknown creator. The rest will simply go all the way downhill in an instant. Kudos again to Satoshi for doing the right thing from the start. Just my thoughts
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Odusko
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October 08, 2022, 10:33:30 AM |
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The identity issue is a personal decision and since cryptocurrency is all about privacy and security I don't think Bitcoin developer Satoshi's identity should not be made public because if satoshi's identity becomes public it will lead to Bitcoin becoming more centralized as there will be some form of control over the network, but as it is right now, Bitcoin is highly decentralized and this is as a result of it developer being unknown and out of the scene for a long time now. Even some altcoins whose creators are known are becoming more centralized and controlled by both the creator and the regulators. So I think Bitcoin is ok the way it is and satoshi identity is not needed for Bitcoin safety or adoption.
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doomloop
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October 12, 2022, 08:18:25 AM |
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I don't get why most projects these days have their team members' identities public. It gives governments the chance to prosecute the individuals behind crypto projects at will. There's a reason why Satoshi never disclosed his identity in the first place. If only Vitalik copied Satoshi's footsteps, the Ethereum project wouldn't had been a mess today. The sanctions against the Tornado.Cash mixer and the PoS upgrade on the ETH blockchain have greatly undermined people's privacy and freedom. I believe crypto/Blockchain tech needs to remain as decentralized and censorship-resistant as possible to help render governments' efforts worthless. It seems to me that only Bitcoin will remain decentralized because of its unknown creator. The rest will simply go all the way downhill in an instant. Kudos again to Satoshi for doing the right thing from the start. Just my thoughts There could only be two options when creating a new project, and one of them is the main reason for it. If it happens like you said, if it is like satoshi, then you could create a project and have absolutely no connection left to it like satoshi did, if you can manage to build something new and leave it and never look like project creators are there, and give the responsibility to the people, it must be a good project to keep growing by those people. But unfortunately, not many projects prefer that, they create the project and the project creators are there to keep improving it, which means KYC would allow them to look more legit in the eyes of the investors.
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Abiky
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October 16, 2022, 01:30:10 AM |
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The identity issue is a personal decision and since cryptocurrency is all about privacy and security I don't think Bitcoin developer Satoshi's identity should not be made public because if satoshi's identity becomes public it will lead to Bitcoin becoming more centralized as there will be some form of control over the network, but as it is right now, Bitcoin is highly decentralized and this is as a result of it developer being unknown and out of the scene for a long time now. Even some altcoins whose creators are known are becoming more centralized and controlled by both the creator and the regulators. So I think Bitcoin is ok the way it is and satoshi identity is not needed for Bitcoin safety or adoption.
It's not in Bitcoin's best interests for Satoshi's identity to be revealed. Especially now when governments are taking harder measures against crypto/Blockchain tech. Ethereum, Cardano, and all of those other cryptocurrencies whose creators are known by the public would be nothing but doomed. They will be forced to "satisfy" the regulators or face serious consequences in the long run. With Bitcoin, this is not a problem because most developers' identities are unknown. This also applies to the creator/founder of the project (Satoshi). By not having someone whose identity is widely known to the public, governments will be forced to look elsewhere. I'm glad Bitcoin is the way it is for the good of decentralization and censorship-resistance. Just my opinion
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