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Author Topic: What could have Satoshi faced if he made himself known from the beginning  (Read 985 times)
Rockstarguy
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November 25, 2022, 05:40:16 PM
 #41

If satoshi had made himself known to the public it would have cause more harm to him and I don't think if the existence of bitcoin can continue up till this time. If he was known the government would have frustrated him and we won't have anything like cryptocurrency,  their    wont be any opportunities to invest bitcoin .  I don't think if their would be any  advantage for satoshi to make him self know to the public,  and people would not have believed in bitcoin as a reliable currency.

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November 25, 2022, 06:33:17 PM
Merited by The Sceptical Chymist (3)
 #42

Satoshi's product is built on the international space and I really don't think he needs to be answerable to anyone, besides how is this generation going to leave a mark like the Newtons of this world, the Alexander Bell and everyone else Huh

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What could have Satoshi faced if he made himself known
Am pretty sure different governments would have tried to make him hit the killswitch as this directly competes with real life money systems and the alike. But crypto being decentralized its too late to stop it now, this bird has taken flight Smiley

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November 28, 2022, 08:52:11 AM
 #43

Interrogation, death or imprisonment and ultimately Bitcoin's death by pulling the plant straight from the roots.  They would have made Bitcoin seem like it comes out of a criminal background.  I am not so documented on the Ulbricht case, but I imagine it would have ended similarly.  I do not think it is hard for a government to plant false evidence and turn your entire life upside down.  Mainstream media has a great history of whirling up stories and causing panic.

At that point, anything would have become a target and an issue.  Is Nakamoto a Republican or Democrat?  Has Nakamoto ever had ANY kind of history tied to Russia or ever showed the slightest sign of supporting and appreciating them?  Since he is anonymous, nobody can care.  You can not hate on him because you know nothing about him besides that he is a rebel.

They would also easily spin up any word he would have publicly said.  It is easy to mess up a public speech or say something that easily gets misunderstood or taken out of context.  Long story short.  Bitcoin would of stood zero chance if Nakamoto was a public figure.
This is a whole lot from you PrivacyG, and I support your view completely. Although, no one knows what would have really happened, yet I am sure that some of what you had narrated might be meted to him so that he would not be able to alter the economic scope of the world, particularly in the country it would start from.

He'll be taken quickly by the FBI or any syndicate that see his worth about his creation and the wealth, money that he has made.

But since he's a genius, he doesn't want to compromise his safety and identity in the public because he probably have foreseen these bad things might happen to him.

He can be abducted, kidnapped or anything that he can imagine of being done to him just for those bad people to take advantage of him.
He knew the risk, so he was smart, which is the right thing a wise person would do. This has revolutionised the world's payment system, it would not have been easy to say the truth, he must have been harassed, if not killed or imprisoned for an unjust course.

On a negative note, I think Satoshi is already dead, silenced by the authority thinking that Bitcoin will somehow stop propagating once Satoshi is killed. 
I am with you on this and the country it started from matters. There are countries that are not democratic, and once they see him as a threat, they might eliminate him before people start knowing what Bitcoin is. We only appreciate it today because it overcame all hurdles, and if Satoshi is seen now, nothing would be done to him again, but he must beware of the countries where crypto is banned.

This might be answered by past history where american politicians and others have requested big tech corporations like apple to change encryption standards on iphones to make it easier for law enforcement to gain access to locked phones of suspects under investigation.

Had Satoshi been known, he would have been visited by intelligence agencies of the world.
The world government, especially the US knows how to kill ambition before it thrives. They might see it as a threat and would have stopped it with all their mights before becoming what we see today.

Bitcoin is a threat to the monetary system and the government itself. If from the beginning he just shows himself up, Bitcoin wouldn't grow. BTC will die just like the previous projects before Bitcoin such as the Digital Cash of David Chaum in the 90s. It will be shut down by powerful individuals collaborating with the government or will have no supporters as BTC will not be recognized.

Satoshi leaving and making it opensource I think was the key but also allows developers to create altcoins. If BTC is recognized by the community while Satoshi is around, he'd face serious threats. He wouldn't last a year.
Of course, the threat of Bitcoin to the monetary system would have been the point of trial by the government. They might link it to aiding illegality and others, and the media would buy the idea to further frustrate him and his project. But I am glad that he outsmarted the system, the government cannot harass millions of adopters now, BTC has come to stay.

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December 04, 2022, 01:40:19 PM
 #44

My personal opinion is that if you ask me, if I were you, I would never trust an asset that is under the control of someone or some government, and there is a risk that this person might get murdered or arrested if this happens. Because of this, a lot of people are starting to trust bitcoin because disclosing Satushi's true identity could have a negative impact on it, and if Satushi had faced himself at the very beginning, the demand for bitcoin would have been much smaller.

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December 04, 2022, 03:16:14 PM
 #45

If Satoshi have revealed his identity in the beginning, people could've understood his innovation in a different way. In specific they could've thought his innovation as a way to make himself rich and this doesn't have anything better than the traditional system that is being followed around the world.

As he kept the identity hidden, people understood the technology in the right way. Just through the word of mouth spreading it have reached millions of people. Now this even have got accepted as legal tender in a country. These level of growth could've never happened in the short time period.
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December 04, 2022, 04:00:12 PM
 #46

The fate of satoshi would have been that bitcoin would depend on him. Because of this bitcoin could never be decentralized, since it would be centralized around him. Because he did not reveal his identity he can be still around in the bitcoin sphere but without people knowing that it is him.
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December 05, 2022, 07:05:09 AM
 #47

I must say that I'm now a Bitcoin addict and an ardent fan/supporter of Satoshi Nakamoto and the good initiative Bitcoin technology has brought to the world. But there are these questions that have been ringing in my head day and night as I continue to be curious about this man/men that brought this revolution to the financial space.

I would like people to furnish me with their views even though I personally believe that he would have been haunted by the world governments at the initial stage.

What could have been his fate if he made himself known from the beginning? And later after Bitcoin is recognized?

There is a version that Satoshi Nakamoto worked for the NSA, he was a first-class specialist in the field of cryptography. 

At the same time, he was very worried about the ability of the NSA to carry out surveillance and control over ordinary people, he was against such a practice.  This is what motivated him to create and develop Bitcoin.  For Satoshi Nakamoto, the creation of Bitcoin was a kind of atonement for his work in an organization that carried out projects to limit the rights and freedoms of citizens.  Deanonymization of Satoshi Nakamoto.  would potentially jeopardize both the implementation of the Bitcoin project and the security of Satoshi Nakamoto himself. 

Probably, at some point, Satoshi Nakamoto was nevertheless deanonymized and killed (because he suddenly disappeared and no one knows anything about his future fate). 

This is just one of the theories about the life and death of the legendary Satoshi Nakamoto!

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December 10, 2022, 10:10:29 AM
 #48


I think he may be a mechanical engineer of DNA sequencing (DNA coding),
and Bitcoin is just one part of a larger plan on a global scale.
Of course, a plan that would be implemented by an organization larger than national government etc.
It has something to do with human evolution.??
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December 10, 2022, 10:46:13 PM
 #49

I must say that I'm now a Bitcoin addict and an ardent fan/supporter of Satoshi Nakamoto and the good initiative Bitcoin technology has brought to the world. But there are these questions that have been ringing in my head day and night as I continue to be curious about this man/men that brought this revolution to the financial space.

I would like people to furnish me with their views even though I personally believe that he would have been haunted by the world governments at the initial stage.

What could have been his fate if he made himself known from the beginning? And later after Bitcoin is recognized?
For one, critics of bitcoin would have a face to antagonize and berate against, interpol as well as other countries that banned the usage and proliferation of bitcoin in their respective countries will have a person to blame, and even us people who support bitcoin may find ourselves hating on him/her when things go south. They would also be followed 24/7 by secret organizations powered by governments and will be under surveillance for the rest of their lives. I don't think them outing themselves would do any good for bitcoin, and would instead just put them in the hotseat, so opting to keep their identity is a smart move on Satoshi's part.
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December 11, 2022, 03:12:49 PM
Last edit: December 11, 2022, 03:27:27 PM by famososMuertos
 #50

First of all... know of a individual(s) really matters in the functional fact of bitcoin, which is prioritized as a technological, social, economic and even cultural benefit, it is not bad for people like you to do that question, but the reality is that how does the success or failure of bitcoin change if its creator is "NolBherto SinFuentes DisCristo", nothing! Get over it and spend time on something else.

In any case topic fed up discussed in the forum!

I see that you have a thread where you confess that you didn't like bitcoin and now you love it...

...The present day of SN will be more powerful to the extent that we forget that dysmorphic persistence of knowing who Satoshi is... look in the mirror Satoshi Nakamoto is you... and that is the present of who he is today.


SN=NolBherto Sinfuentes Discristo

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January 09, 2023, 05:28:10 PM
 #51

If Satoshi have revealed his identity in the beginning, people could've understood his innovation in a different way.
I agree with you, and this different way would have been such that the global law enforcers would not allow seeing the light of the say. It's so good that he/she maintains anonymity, it would have possibly been a project that would raise too much criticism even before people knows the benefits. And the world government might not let it see the light of day by forcing him to undo what he had done.

The fate of satoshi would have been that bitcoin would depend on him. Because of this bitcoin could never be decentralized, since it would be centralized around him. Because he did not reveal his identity he can be still around in the bitcoin sphere but without people knowing that it is him.
I don't believe you, there is no correlation between decentralization and not revealing himself/herself, Bitcoin could still depend on him as anonymous as he/she is if want to. The purpose of his/her creating Bitcoin in the first place is for privacy and anonymity, and revealing himself/herself would have nothing challenging that purpose. It can only put him/her in danger of the world government and law enforcers in my opinion.

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January 10, 2023, 02:23:56 PM
 #52


What could have been his fate if he made himself known from the beginning? And later after Bitcoin is recognized?

For Satoshi to be able to hide his identity right from the beginning of the creation of Bitcoin made me to understand that the project called bitcoin is a well-calculated and well conceived idea.
It is not a product of coincidence or a product of a hungry investor, he must have envisaged the disadvantages of revealing his identity even before creating bitcoin.

[...]
This could be indeed the case, possibly Satoshi fully understood the impact of his tech before even implementing it into code and thus was super-cautious from the start on regarding privacy. Maybe even realizing the value one Bitcoin could reach within a few years and decades.
OR he always was this "paranoid"* figure, protecting his identity from early on, possibly many many years before the development of Bitcoin. I find this as plausible as the other suggestion, since I am not sure you could fully grasp the impact an invention (such as the Bitcoin protocol) could truely have in the future - even if you are a highly intelligent individual such as SN.

*in quotes, because you can make an argument that it is not paranoia, instead it is just what everyone would feel if they understood the value and possible attack vectors from big corp and governments

Get educated about Bitcoin. Check out Andreas Antonopoulos on Youtube. An old but gold talk: https://www.youtube.com/watch?v=rc744Z9IjhY

Daniel Schmachtenberger on The Meta-Crisis: https://www.youtube.com/watch?v=4kBoLVvoqVY&t=288s One of the most important talks about the current state of this planet. Go check it out.
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January 12, 2023, 01:43:25 AM
 #53

a man who had the foresight to create bitcoin, I'm sure he must have calculated what would happen to him if his plan succeeded. the truth is that he would be under tremendous pressure from all sides, the state, the mafia, some organizations... it would make him very uncomfortable and I don't think a man like satoshi would ever want such a life, but I don't think he would be killed because the people who were stronger than him would already get what they wanted from him anyway. who would benefit from a dead satoshi?
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January 12, 2023, 05:00:37 AM
 #54

One thing is for sure, he could get alot of pussies for free, imagine him as a celebrity roaming the earth with a band of bodyguards and girls dying to give him the pussies.🤣🤣
What else did you expect?
Can we compare him with now known and recognized devs? Like Vitalik the shitcoiner? Not a chance, so we don't exactly know the answer but we can guess as I did above.

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January 12, 2023, 09:23:27 AM
 #55

I must say that I'm now a Bitcoin addict and an ardent fan/supporter of Satoshi Nakamoto and the good initiative Bitcoin technology has brought to the world. But there are these questions that have been ringing in my head day and night as I continue to be curious about this man/men that brought this revolution to the financial space.

I would like people to furnish me with their views even though I personally believe that he would have been haunted by the world governments at the initial stage.

What could have been his fate if he made himself known from the beginning? And later after Bitcoin is recognized?
The true identity of Satoshi Nakamoto, the pseudonym used by the creator of Bitcoin, remains a mystery. Some people believe that he is a single individual, while others believe that it could be a group of people. If Satoshi had revealed himself from the beginning, it is likely that his fate would have been heavily influenced by the reaction of governments and financial institutions to the creation of Bitcoin.

If Bitcoin had been recognized as a legitimate form of currency and financial system from the beginning, it is possible that Satoshi would have been hailed as a visionary and potentially even become a billionaire from his early mining of bitcoins. However, if governments and financial institutions had seen Bitcoin as a threat to their power and control, it is possible that Satoshi would have faced legal repercussions, including arrest and prosecution.

After Bitcoin was recognized, it is likely that his fate would depend on the legal and regulatory environment in the country he lived. If the government had a positive attitude towards Bitcoin, he would have been seen as a pioneer and a hero, his net worth would have been more than enough and he would have had more freedom to continue developing the technology. On the other hand, if the government had a negative attitude towards Bitcoin, it's possible that he would have faced legal repercussions and his net worth would have been frozen or confiscated.

It's important to note that this is all speculation, as the true identity of Satoshi Nakamoto remains unknown and it's impossible to know for sure what his fate would have been.
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January 12, 2023, 01:16:10 PM
 #56

a man who had the foresight to create bitcoin, I'm sure he must have calculated what would happen to him if his plan succeeded. the truth is that he would be under tremendous pressure from all sides, the state, the mafia, some organizations... it would make him very uncomfortable and I don't think a man like satoshi would ever want such a life, but I don't think he would be killed because the people who were stronger than him would already get what they wanted from him anyway. who would benefit from a dead satoshi?
Your opinion is good and that's why the creator of Bitcoin has disguised his real name and hidden his real existence and face.
I am sure that almost no one in the cryotocurency industry knows where Satoshi is or what he is like.
Yes, even though someone might already know Satoshi and really know about him and even his existence, only a few people and they will always hide this information.
All of this was done not only as if it was for Satoshi's safety but for the good and the ongoing development of the cryptocurrency industry.

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January 12, 2023, 05:42:10 PM
 #57

a man who had the foresight to create bitcoin, I'm sure he must have calculated what would happen to him if his plan succeeded. the truth is that he would be under tremendous pressure from all sides, the state, the mafia, some organizations... it would make him very uncomfortable and I don't think a man like satoshi would ever want such a life, but I don't think he would be killed because the people who were stronger than him would already get what they wanted from him anyway. who would benefit from a dead satoshi?
Your opinion is good and that's why the creator of Bitcoin has disguised his real name and hidden his real existence and face.
I am sure that almost no one in the cryotocurency industry knows where Satoshi is or what he is like.
Yes, even though someone might already know Satoshi and really know about him and even his existence, only a few people and they will always hide this information.
All of this was done not only as if it was for Satoshi's safety but for the good and the ongoing development of the cryptocurrency industry.
I agree. he did it not only for his own sake, but also for the sake of the cryptocurrency industry that he helped create
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January 12, 2023, 06:21:35 PM
 #58

a man who had the foresight to create bitcoin, I'm sure he must have calculated what would happen to him if his plan succeeded. the truth is that he would be under tremendous pressure from all sides, the state, the mafia, some organizations... it would make him very uncomfortable and I don't think a man like satoshi would ever want such a life, but I don't think he would be killed because the people who were stronger than him would already get what they wanted from him anyway. who would benefit from a dead satoshi?
Your opinion is good and that's why the creator of Bitcoin has disguised his real name and hidden his real existence and face.
I am sure that almost no one in the cryotocurency industry knows where Satoshi is or what he is like.
Yes, even though someone might already know Satoshi and really know about him and even his existence, only a few people and they will always hide this information.
All of this was done not only as if it was for Satoshi's safety but for the good and the ongoing development of the cryptocurrency industry.
I agree. he did it not only for his own sake, but also for the sake of the cryptocurrency industry that he helped create
Yes, otherwise bitcoin might not be the success it has become along the years, because investors would see the digital currency as a mean Satoshi used to gain popularity, notoriety and become a global celebrity for personal financial and status purposes, similar to what Craig Wright attempted to do when revealed to be the real identity of Satoshi Nakamoto.

I think Satoshi knew that he being known would be detrimental to bitcoin and the whole cryptocurrencies' ecosystem, so he remained anonymous. He made sure his acts would sound louder than the weight of the person behind them. And this strategy worked nicely.

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January 12, 2023, 06:24:14 PM
 #59

What could have been his fate if he made himself known from the beginning? And later after Bitcoin is recognized?
If Satoshi had revealed himself, he would be among the world's most influential and wealthy individuals. holding 5% of the entire supply of bitcoin. He would have enormous political sway and absolute control over all of the developments that have affected bitcoin since his absence. One of the founding concepts of bitcoin, as stated in its white paper, will be broken if Satoshi reappears. The decentralized nature of the currency would be threatened if the creator's identity was revealed. So, it is highly likely that Satoshi will stay under the radar unless he intentionally wishes to destroy his own project.

https://www.investopedia.com/terms/s/satoshi-nakamoto.asp
https://bitcoin.org/bitcoin.pdf
https://www.investopedia.com/terms/s/satoshi-nakamoto.asp#:~:text=Given%20that%20the%20maximum%20possible,definitively%20proven%20to%20be%20Nakamoto.
https://africa.businessinsider.com/finance/coinbase-says-the-entire-crypto-market-could-be-destabilized-if-bitcoins-anonymous/vhxq0ym

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January 12, 2023, 06:29:46 PM
 #60

maybe there will be many threats that will be received by Satoshi Nakamoto, because it is undeniable that there are some parties who don't really like bitcoin.
the steps that Satoshi Nakamoto is taking now are the right steps, with no satoshi appearing on the surface, it must be difficult for some people who will destroy bitcoin.
and satoshi will definitely come under a lot of pressure from many parties, or from countries that don't really like bitcoin.

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