What if Satoshi is eventually ID by the government

[Crypt jnr]

A friend of mine was of the opinion that the government cannot put an end to Bitcoin because it unfortunately cannot be traced to a particular person or organization which could be sued for bringing about the currency or Blockchain.
If this is true does it mean that the identification of Satoshi as a person or organization will pose a treat to the existence of Bitcoin or otherwise

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[Zaguru12]

It will definitely pose a threat not only to bitcoin existence but to his own life or their lives. When satoshi chose anonymity it was definitely for decentralization and also to stay away from government troubles. With the way the government is trying by all means to ban bitcoin I think they would have either place satoshi on prosecutions or would have offered him somewhat of a deal to regulate bitcoin.

Also there will be many bitcoiners that would doubt the decentralization of bitcoin because some will feel that he might compromise the whole system someday.

[_act_]

If this is true does it mean that the identification of Satoshi as a person or organization will pose a treat to the existence of Bitcoin or otherwise

Bitcoin will still continue to exist, but it will not make any sense if Satoshi is known because its unknown is what bitcoin community like and proud about, that Satoshi does not interfere with anything and that as it is not known, it makes bitcoin to be decentralized and looks natural from the beginning when it was created.

[Stalker22]

A friend of mine was of the opinion that the government cannot put an end to Bitcoin because it unfortunately cannot be traced to a particular person or organization which could be sued for bringing about the currency or Blockchain.
If this is true does it mean that the identification of Satoshi as a person or organization will pose a treat to the existence of Bitcoin or otherwise

Well, you are mistaken in thinking that governments are actively trying to shut down Bitcoin. In fact, many governments are exploring ways to regulate and incorporate digital currencies and blockchain technology into their existing financial systems. And to be honest, even if they found out who Satoshi really is, it wouldn't be that big of a deal. Why would they even sue him? After all, Bitcoin is simply a software protocol, and there is no evidence to suggest that Satoshi had any malicious intent or acted illegally.

[qwertyup23]

A friend of mine was of the opinion that the government cannot put an end to Bitcoin because it unfortunately cannot be traced to a particular person or organization which could be sued for bringing about the currency or Blockchain.
If this is true does it mean that the identification of Satoshi as a person or organization will pose a treat to the existence of Bitcoin or otherwise

Well if I were Satoshi, the threat to the BTC would be the least of my concern as everyone would know about my identity. This implies that my safety is now compromised as anyone could actually break into my location and I would definitely receive countless of death threats which could harm my situation.

Maybe this is also the reason on why Satoshi never disclosed himself to the public. Sure, there may be clues gathered by forum users here on how he wrote or composed his messages but we should probably just leave him alone and thank him for giving us this godsent of a technology that made some of us millionaires or even billionaires at some point.

[Dr.Bitcoin_Strange]

Bitcoin is king in the entire crypto market and also stands as hope for people investing in cryptocurrency; if Satoshi's identity is exposed, it will be a treat for cryptocurrency. No one knows the future though, but I don't think Satoshi can't be revealed.

[Gallar]

A friend of mine was of the opinion that the government cannot put an end to Bitcoin because it unfortunately cannot be traced to a particular person or organization which could be sued for bringing about the currency or Blockchain.
If this is true does it mean that the identification of Satoshi as a person or organization will pose a treat to the existence of Bitcoin or otherwise

In my personal opinion, the government will definitely be more tolerant and will not punish if Satoshi Nakamoto is found (for example), because Satoshi Nakamoto does not have any faults, even satoshi can be said to be a savior for many people, because it has found bitcoin which is very popular at the time. This. So of course the government will also really appreciate the discovery and knowledge, although for sure, not all governments in all countries will agree and support it, but I'm sure the majority of countries will support it. So in my opinion, if Satoshi Nakamoto is found, it won't have too serious an impact let alone be labeled a criminal by the government.

but in my opinion, what is more feared and must be watched out for is not from the government, but from certain parties who intend to rob or force satoshis for their personal gain. So indeed Satoshi's decision to remain anonymous is the right decision, because if Satoshi had revealed his identity from the beginning, I'm sure the path to bitcoin would have been a little different.

[glendall]

there will be a to satoshi threat if his identity is known, I don't know what the government will do with him and for btc itself I think it will still be there
but one thing is impossible if satoshi is that easy to find because so far I can't guess who satoshi actually can be me too

[dothebeats]

They were 13 years too late, I guess. At this point, bitcoin has become big - so big that it no longer concerns Satoshi anymore, nor his current involvement to this project still that relevant that could potentially stop everything. He's made the right decision to leave everything behind to the community a decade ago, and it grew bigger and bigger until there are a lot of different players doing things independent of one another.

Even if they get Satoshi right now, it will not affect bitcoin negatively in a huge way that makes the whole thing crumble. There will be a lot of negative price movements, but not to the point that it breaks things.

[Smartvirus]

If this is true does it mean that the identification of Satoshi as a person or organization will pose a treat to the existence of Bitcoin or otherwise

For the record Satoshi Nakamoto has done a good job in staying anonymous up to the hour that no one can tell if Satoshi Nakamoto is even a human [gender; Male/Female] or a group of like mind developers and what good job they all must have done in ensuring the secrecy of there identity.

Still, i don't think it would even break a nail to the blockchain or crypto innovation should there identities be revealed some day. For the very list, they committed no cream and just created some freewill currency to exist over the web and web alone. Its an idea to help humanity and they should adorn the idea.

[BitDane]

A friend of mine was of the opinion that the government cannot put an end to Bitcoin because it unfortunately cannot be traced to a particular person or organization which could be sued for bringing about the currency or Blockchain.

I agree that the government cannot put an end to Bitcoin not because of the untraceable person/group of person behind the Bitcoin creation but because Bitcoin is decentralized.  If you happen to know about torrents or decentralized file sharing, the government had been trying their best to stop such kind of file sharing, even catching people behind these torrent sites but still failed to put an end to this kind of activity. 

If this is true does it mean that the identification of Satoshi as a person or organization will pose a treat to the existence of Bitcoin or otherwise

I don't think that the identification of Satoshi will pose a treat to the Bitcoin industry.  Bitcoin had been independent for years now, and had been booming even after the original creator had hid himself or does not publicly participate in the development of Bitcoin after his disappearance.  Even with Satoshi surfacing, I do not think that the authority have the reason to apprehend him because of creating Bitcoin. 

[nullama]

A friend of mine was of the opinion that the government cannot put an end to Bitcoin because it unfortunately cannot be traced to a particular person or organization which could be sued for bringing about the currency or Blockchain.
If this is true does it mean that the identification of Satoshi as a person or organization will pose a treat to the existence of Bitcoin or otherwise

Bitcoin is decentralized, this means that there's no single leader, organization, or person that is ultimately responsible for it.

You can put in prison or kill all the people that were involved in Bitcoin in 2009 and Bitcoin will continue to issue bitcoins with each new found block in 10 minutes on average.

[aryana42]

It will definitely pose a threat not only to bitcoin existence but to his own life or their lives. When satoshi chose anonymity it was definitely for decentralization and also to stay away from government troubles. With the way the government is trying by all means to ban bitcoin I think they would have either place satoshi on prosecutions or would have offered him somewhat of a deal to regulate bitcoin.

Also there will be many bitcoiners that would doubt the decentralization of bitcoin because some will feel that he might compromise the whole system someday.

Bitcoin is open source, I wonder if Satoshi can tweak and modify bitcoins? I don't think he'll make it, even though he's the one who made it. If Satoshi gets caught, he will probably be in danger, bitcoin will be negatively affected by that news, but it won't be modifiable, or someone will control it if Satoshi gets caught.

[BlackBoss_]

A friend of mine was of the opinion that the government cannot put an end to Bitcoin because it unfortunately cannot be traced to a particular person or organization which could be sued for bringing about the currency or Blockchain.
If this is true does it mean that the identification of Satoshi as a person or organization will pose a treat to the existence of Bitcoin or otherwise

No, your friend is right.

Bitcoin network can not be shut down by arresting a single person, shutting down a single mining farm, cracking down mining industry in a single nation. Bitcoin network is very decentralized and its hash rate comes from many countries globally. So no single law enforcement (even it is right or wrong) at a single local area can pose a threat to shut down the entire Bitcoin network. It will never happen.

Bitcoin network can not be shut down if Satoshi Nakamoto is arrested as Satoshi does not have a nuke button to nuke the Bitcoin network.

[Yaunfitda]

A friend of mine was of the opinion that the government cannot put an end to Bitcoin because it unfortunately cannot be traced to a particular person or organization which could be sued for bringing about the currency or Blockchain.
If this is true does it mean that the identification of Satoshi as a person or organization will pose a treat to the existence of Bitcoin or otherwise

Bitcoin is too big to fall, at this point is is slowly growing and for sure next year when we had this bull run, maybe are going to be joining the bandwagon. As far as the identify of Satoshi, I'm not sure if government are willing to pursue it, might take some huge budget on their side that is not going to be worth in the end. Besides, Satoshi chooses to be hidden, he did a lot of misdirection that even today, we don't know if he is still exist, dead or a group of individuals creating Bitcoin. So let's put that argument to rest, Satoshi can't be identified.

[crunck]

A friend of mine was of the opinion that the government cannot put an end to Bitcoin because it unfortunately cannot be traced to a particular person or organization which could be sued for bringing about the currency or Blockchain.
If this is true does it mean that the identification of Satoshi as a person or organization will pose a treat to the existence of Bitcoin or otherwise

Bitcoin is managed by the whole community and not Satoshi, who controls it, so if he is found and arrested by the government, then bitcoins will be affected, but they still cannot stop or get rid of bitcoins. I believe he decided to remain anonymous for his own safety and has nothing to do with bitcoin, as no one manages it.

[Luzin]

Bitcoin grows because of community and trust. But I hope Satoshi remains an Anonymous. I feared that if he appeared his safety was threatened. While it's not about the life or death of Bitcoin, as the community stops believing and the state imposes severe penalties on every user, maybe it can happen. But all this time its development has not led to bad things. Although some countries have regulated, it is one proof that they can only regulate from outside.

[Helena Yu]

It will not pose a threat to the current Bitcoin existence, but it will cause a panic around the market because many people think Bitcoin is no longer decentralized. Such thinking is wrong because regardless Satoshi is caughted or not, it will not ruin the decentralization of Bitcoin. Even Satoshi want to change the protocol and the consensus, old Bitcoin generations will not accept it if Satoshi's proposal will make Bitcoin become less decentralized.

[Fesatmas]

A friend of mine was of the opinion that the government cannot put an end to Bitcoin because it unfortunately cannot be traced to a particular person or organization which could be sued for bringing about the currency or Blockchain.
If this is true does it mean that the identification of Satoshi as a person or organization will pose a treat to the existence of Bitcoin or otherwise

With the nature of bitcoin that we have is decentralization which makes people interested in bitcoin, of course when Shatosi is found it is possible that trust will be lost in bitcoin because Satoshi knows how to design bitcoin and the mechanism for making it and what might be even crazier is he will be intervened and punished intimidation by the world let alone bitcoin haters who rule the financial system surely they will not stay silent and let Satoshi roam their yards, that is the possibility that will happen if Satoshi is found.
but that's impossible if he/they (Satoshi was found) because to this day we are still questioning whether it was a group or not and other things there are still many questions about his identity.

[avikz]

A friend of mine was of the opinion that the government cannot put an end to Bitcoin because it unfortunately cannot be traced to a particular person or organization which could be sued for bringing about the currency or Blockchain.
If this is true does it mean that the identification of Satoshi as a person or organization will pose a treat to the existence of Bitcoin or otherwise

Identification of Satoshi will not pose threat to bitcoin ecosystem. It's decentralised for a reason. Bitcoin is not controlled by any central authority so the ecosystem cannot be destroyed by a government unless a global consensus is reached.

Identification of Satoshi will become a threat to his own life. I am sure Satoshi understands that very well and that's why he has successfully stayed out of the praying eyes of enforcement agencies.