Are We Need Satoshi?

[blue Snow]

because for the sake of his own safety and that of his family.

Yeah, I was thinking also if Satoshi was married and had a family (wife and children), If he was single like (another creator altcoin), maybe he still exists until today.

There are 7 total voters with have 5 agree and 2 disagreeing.

That's a stretch generalization with the 7 votes you got out of the many members of this forum. Seriously, what's the honest point of this post?

Actually, this is just my curiosity if there are still some people who want Satoshi to come back for several reasons.

Also, on your original post you were already claiming that you don't want Satoshi to reveal themselves because you believe Bitcoin can continuously grow with or without Satoshi and now you're saying that you it could've been idea for them to reveal themselves and be active again so they can give advice? Make up your mind.

His ideas for creating Bitcoin were quite brilliant for me, which means he/she/they (Satoshi) gave me advice it is definitely very useful to face the market.

[DapanasFruit]

Satoshi Nakamoto left Bitcoin many years ago and I am sure he got a big reason for what he had done. I am sure that if one day he will surfaced then it can be a huge news for the crypto industry and can certainly put to rest who is the real guy so as to stop fake claimants to the throne to be sidelined...and I know that there are now a lot of questions and concerns that only the real Satoshi can deal with. But, considering everything that transpired in the crypto industry, I agree that it would be better for all of us that he remained where he is. We can never be sure if he is still alive or what...as nobody can really be certain what his real name is.

[Isuru_]

I'd want to hear Satoshi's opinions on past Bitcoin development and Bitcoin's current state in general solely due to curiosity, but it will be a net negative for the entire space. Why? People will be too biased to side with whatever Satoshi's opinions are.

I understand. It's natural to be curious about what Satoshi Nakamoto, the creator of Bitcoin, thinks about the cryptocurrency's development and current state. However, I agree that it would be a net negative for the entire space if Satoshi were to publicly share their opinions.

One reason for this is that people would be too biased to side with whatever Satoshi's opinions are. Satoshi is a revered figure in the Bitcoin community, and their opinions would carry a lot of weight. As a result, people would be more likely to accept Satoshi's opinions as fact, even if they are not. This could lead to a less informed and more divided community.

Another reason why it would be a net negative for Satoshi to share their opinions is that it could stifle innovation. If people are too focused on what Satoshi thinks, they may be less likely to explore new ideas or challenge the status quo. This could slow down the development of Bitcoin and other cryptocurrencies.

Of course, there are also some potential benefits to Satoshi sharing their opinions. For example, it could help to clarify the original vision for Bitcoin and provide guidance to the community. However, I believe that the risks outweigh the potential benefits.

Overall, I think it's best for Satoshi to remain anonymous and let Bitcoin develop on its own terms.

[Iranus]

we don't need Satoshi,

We still need him if he really wants to return to the bitcoin community and continue to grow it. He is the one who created bitcoin, we should respect him, and never say we don't need him. Without him, there would be no bitcoin and we wouldn't be here today. But if he decides he doesn't want to come back or show up anymore, we can continue to exist and thrive without his help. Because he created bitcoin for everyone, not for any individual.

Even if we need Satoshi, the majority of people in the crypto space won't exactly accept anyone who comes out and claims to be Satoshi until he can sign a message with his bitcoin wallet to let everyone know that he is the actual Satoshi.

The person will be doing so in this manner since we have had news of people impersonating to be real Satoshi. 

Back to the question, I don't think Satoshi's existence or whereabouts are important to the crypto community. They desire that he maintain his anonymity.

Frankly, it's clear that bitcoin could have run smoothly for the past 14 years without Satoshi's help, so it's understandable that most people would never care about or need Satoshi's presence. But as I said, we all need to be grateful to him because without him, there would be no bitcoin for us to use. So if he wants to come back to bitcoin then everyone will always welcome him.

As for who is real and who is fake, it is beyond the scope of this topic so we do not need to discuss it. If the real Satoshi appears, he will always have a way to prove he is real.

[mich]

Well I have been talking about this alot so lately. And I do think it is now a topic we are all talking about is cause of the recent 'satoshi' spotting on twitter.

But if we are being honest here then no I do not think we satoshi. He has already been a honorable man for what he did for Bitcoin. And this is not something that any one can ever take away from him or his legacy.

[legendbtc]

There are 7 total voters with have 5 agree and 2 disagreeing.

That are still many people who are enthusiastic about Satoshi even if they don't care whether he was there or not.

Actually, we are here as people who like Bitcoin really love him, we would certainly be happy if he were present again and gave advice to us. But, some moments make us think if he would be better if he didn't appear in the world. because there are definitely who hate Bitcoin indirectly hate Satoshi also. We certainly don't want anything happen to him, so better let him rest and enjoy his life. For me, Just simple like that.

So, If someone out there always mentions Satoshi, and always disrupts his life, it is certain that he is a Bitcoin hater, and doesn't want Bitcoin to be bigger.

Now, we know who doesn't want Bitcoin to grow rapidly which only benefits for himself.

Yes, we owe him a huge thank you for creating bitcoin for us, but honestly, I didn't expect him to show up again either. Not only could that harm him, but it would also have a negative impact on bitcoin because bitcoin would be perfect without a founder and would require community consensus. I pray he has the life of his dreams but I don't expect him to go back to bitcoin. Everything is perfect, I don't want to change anything.

[taufik123]

-snip-
If he was single like (another creator altcoin), maybe he still exists until today.

But in my opinion, whatever his status is, it will not matter, Satoshi may have had a plan to hide his identity from the beginning because he did not want to be intimidated by the government and let Bitcoin remain decentralized.

Look at some of the current altcoin creators like ETH, making the transition from decentralization to centralization.
Such a thing is not the goal of Bitcoin because Bitcoin is fully decentralized.

-snip-
But if we are being honest here then no I do not think we satoshi. He has already been a honorable man for what he did for Bitcoin. And this is not something that any one can ever take away from him or his legacy.

No one can replace him, Satoshi is Satoshi.
He will remain anonymous and any disclosure cannot be found.

It is better to be anonymous and keep developing bitcoin.
Those who try to be fake satoshis will only get criticized, as CSW has done so far His efforts will be in vain.

[lionheart78]

we don't need Satoshi,

We still need him if he really wants to return to the bitcoin community and continue to grow it. He is the one who created bitcoin, we should respect him, and never say we don't need him. Without him, there would be no bitcoin and we wouldn't be here today. But if he decides he doesn't want to come back or show up anymore, we can continue to exist and thrive without his help. Because he created bitcoin for everyone, not for any individual.

Need him for what?  We pay respect to him, are thankful to him, and acknowledge him as the one who created Bitcoin.  But I do not think that the Bitcoin community needs him for Bitcoin development.  There are already capable people who are working for the Bitcoin development.  It would be great if he appeared, but the need for him for Bitcoin survival, I do not think so.  He has been gone for a long time now despite that, Bitcoin is doing great.

[blue Snow]

Need him for what?  We pay respect to him, are thankful to him, and acknowledge him as the one who created Bitcoin.  But I do not think that the Bitcoin community needs him for Bitcoin development.  There are already capable people who are working for the Bitcoin development.  It would be great if he appeared, but the need for him for Bitcoin survival, I do not think so.  He has been gone for a long time now despite that, Bitcoin is doing great.

yes, many people will be happy, but when we look at a statement from Sergio Demian Lerner about how many bitcoins Satoshi have, we have to worry about it. We have to think if that 1.1 M BTC sold it on the market right now, is the market crash? As we know, Satoshi never spent his Bitcoin since he disappeared. Therefore we need to be alert if it really happens in the future, the ban wave market will come immediately.

[Ayers]

Need him for what?  We pay respect to him, are thankful to him, and acknowledge him as the one who created Bitcoin.  But I do not think that the Bitcoin community needs him for Bitcoin development.  There are already capable people who are working for the Bitcoin development.  It would be great if he appeared, but the need for him for Bitcoin survival, I do not think so.  He has been gone for a long time now despite that, Bitcoin is doing great.

yes, many people will be happy, but when we look at a statement from Sergio Demian Lerner about how many bitcoins Satoshi have, we have to worry about it. We have to think if that 1.1 M BTC sold it on the market right now, is the market crash? As we know, Satoshi never spent his Bitcoin since he disappeared. Therefore we need to be alert if it really happens in the future, the ban wave market will come immediately.

It is true that Satoshi held a significant amount of bitcoin but why are we afraid of that? The total supply of bitcoin is 21 million while he holds 1 million bitcoin, so even if he sells it, it won't cause bitcoin to collapse, why are so many people afraid of that? Furthermore, most people want to buy bitcoin cheaply, so why don't we see it as an opportunity but as fear?
I will support him in selling them because it is a worthy reward he received for creating bitcoins and being able to keep it until now. One more thing, if he does that it will help bitcoin become even more decentralized as it doesn't belong to anyone too much. It's actually not as scary as many people think.

[Texac]

we don't need Satoshi,

We still need him if he really wants to return to the bitcoin community and continue to grow it. He is the one who created bitcoin, we should respect him, and never say we don't need him. Without him, there would be no bitcoin and we wouldn't be here today. But if he decides he doesn't want to come back or show up anymore, we can continue to exist and thrive without his help. Because he created bitcoin for everyone, not for any individual.

Need him for what?  We pay respect to him, are thankful to him, and acknowledge him as the one who created Bitcoin.  But I do not think that the Bitcoin community needs him for Bitcoin development.  There are already capable people who are working for the Bitcoin development.  It would be great if he appeared, but the need for him for Bitcoin survival, I do not think so.  He has been gone for a long time now despite that, Bitcoin is doing great.

It is true that bitcoin has existed and developed for many years without Satoshi so it is not wrong to say that we no longer need him. But if he comes back, will we still not welcome and need him? At least he is the creator of bitcoin, if we need ideas to help bitcoin scale or fix some problems, I believe he will still have better ideas than the current developers. I still think he's one level smarter than us because otherwise, why would he have the idea to create bitcoin and not you or anyone else?

[Silberman]

It is true that bitcoin has existed and developed for many years without Satoshi so it is not wrong to say that we no longer need him. But if he comes back, will we still not welcome and need him? At least he is the creator of bitcoin, if we need ideas to help bitcoin scale or fix some problems, I believe he will still have better ideas than the current developers. I still think he's one level smarter than us because otherwise, why would he have the idea to create bitcoin and not you or anyone else?

I doubt that Satoshi will ever comeback, he knows better than anyone that if he did showed up then he will be under heavy surveillance and at some point his real identity will be revealed, and in that case it would not surprise me if several governments accused him of several crimes and sent him to prison, while at the same time they began a campaign against him in order to discredit the idea behind bitcoin, so coming back only has disadvantages for Satoshi if you think about it.

[serjent05]

Frankly, it's clear that bitcoin could have run smoothly for the past 14 years without Satoshi's help, so it's understandable that most people would never care about or need Satoshi's presence. But as I said, we all need to be grateful to him because without him, there would be no bitcoin for us to use. So if he wants to come back to bitcoin then everyone will always welcome him.

Satoshi has his own right, so if he wanted to come back he can anytime.  The Bitcoin community might throw a welcoming and acknowledgment party for him as the creator of Bitcoin but I do not think that the Bitcoin industry is in need of him now.  As you stated Bitcoin had been running for more than a decade without Satoshi, so this mean Bitcoin thrive even if Satoshi is not around.

As for who is real and who is fake, it is beyond the scope of this topic so we do not need to discuss it. If the real Satoshi appears, he will always have a way to prove he is real.

I think most of the community will accept the person as Satoshi if he is able to sign a message to the known address owned by the real Satoshi.

[macson]

As the creator of Bitcoin, of course, people will continue to be curious about who Satoshi is! they also want to continue to worship Satoshi and make satoshi like one of the great people of all time, but Satoshi doesn't seem to want that, he/she/them is very aware that the danger he/she/them will receive is far greater than the reward will receive, so we must be able to respect the decision he/she/them made ^{(took not to show his/her identity to the public)}, that was a choice and consideration he/she/them made.

[jeraldskie11]

Many people are afraid if Satoshi shows up today, he will be sold his (million bitcoin, there is no evidence yet) he has.
So, what is he waiting for not having sold it on ATH before?.

Honestly, we really don't know if Satoshi this day is still alive and one thing for sure that they really care about the price of Bitcoin. He is a very smart person and I know that if he puts his Bitcoin in one wallet, it will get a negative impact to Bitcoin's price. So it's wise if he spread his Bitcoin to many wallets. We don't know if Satoshi have sold his Bitcoin at ATH because for me that's not what he aiming for. And if ever he do, he only sold some of Bitcoin because selling all their Bitcoin at one time will make Bitcoin die.

Whales and institutions are the cause of the impulsive movement of prices, maybe one of those whales was Satoshi — we never know.

[Tuturtinular]

Many people are afraid if Satoshi shows up today, he will be sold his (million bitcoin, there is no evidence yet) he has.
So, what is he waiting for not having sold it on ATH before?.

we don't need Satoshi, let him become a legend for his name, we have to thank to him for making the greatest thing in this century. I will be the 1st person agree if he gets the Nobel Prize. But, for emergence today, I'm the first person who doesn't believe it.

I think if satoshi appears again then something will definitely happen with bitcoin, maybe the price will go up or maybe even go down because satoshi has a lot of bitcoin and makes people afraid that satoshi will sell bitcoin. Even though the possibility is very small, the fear is still there and will influence the market

I agree that conditions like now are the best. Bitcoin became very independent without Satoshi and let Satoshi become a legend and history will record him with a very extraordinary record

[TelolettOm]

Well I have been talking about this alot so lately. And I do think it is now a topic we are all talking about is cause of the recent 'satoshi' spotting on twitter.

It is clearly Faketoshi, Craig Wright who is controlled the Satoshi twitter.
Real Satoshi won't do something ridiculous. If we learned what he posted when he was still active in this forum, he always posted something valuable.

But if we are being honest here then no I do not think we satoshi. He has already been a honorable man for what he did for Bitcoin. And this is not something that any one can ever take away from him or his legacy.

Indeed. Satoshi will be always Satoshi, no one can replace him. He will remain the only person who created Bitcoin forever.

However, Bitcoin is owned by many people now. And Bitcoin keep growing although Satoshi has disappeared. That makes people think that we don't need Satoshi anymore. It is not about the legacy of Bitcoin or the creator status of Bitcoin, but it is about the role of Satoshi to keep the existence of Bitcoin. People think without Satoshi, Bitcoin has no problem to survive and to keep growing.

[Darker45]

I understand the fear of some people of the possibility of Satoshi's emergence. It's probably not about Satoshi tearing down the blockchain or changing the source code. It's more selfish than that. I guess the main reason for their fear is the possibility of Satoshi selling his/her/their coins. And they only fear such possibility because Satoshi has more than a million, that's worth tens of billions of USD, and that it certainly means that their small amounts of Bitcoin will surely lose a lot of value.

In other words, their fear is that their investment would lose rather than gain. That's basically there is to it.

[bettercrypto]

There is a lot of controversy about the emergence of satoshi on social media and other websites. I still don't know, what the purpose of someone creating this idiot riot on the internet is. Because for me, I don't need Satoshi anymore, bitcoin still exists (even bigger) with or without Satoshi.

Many people are afraid if Satoshi shows up today, he will change the source code and tear down Bitcoin blockchain. that is the stupidest thinking I ever hear. Because bitcoin is a public, and have community that cannot be changed by just one person.

Many people are afraid if Satoshi shows up today, he will be sold his (million bitcoin, there is no evidence yet) he has.
So, what is he waiting for not having sold it on ATH before?.

we don't need Satoshi, let him become a legend for his name, we have to thank to him for making the greatest thing in this century. I will be the 1st person agree if he gets the Nobel Prize. But, for emergence today, I'm the first person who doesn't believe it.

Because of questions like this, many fake satoshis have appeared on social media platforms claiming to be Satoshi, but the truth is they are not. And the others maintain that they are really Satoshi Nakamoto, but they are not.

That's right, Satoshi has given us a financial solution to our money problems. Even if he doesn't identify himself, he knows he will be popular, and it happened that he became popular without showing his true identity.

[Smack That Ace]

I understand the fear of some people of the possibility of Satoshi's emergence. It's probably not about Satoshi tearing down the blockchain or changing the source code. It's more selfish than that. I guess the main reason for their fear is the possibility of Satoshi selling his/her/their coins. And they only fear such possibility because Satoshi has more than a million, that's worth tens of billions of USD, and that it certainly means that their small amounts of Bitcoin will surely lose a lot of value.

In other words, their fear is that their investment would lose rather than gain. That's basically there is to it.

If they are afraid that Satoshi selling bitcoin will reduce the value of bitcoin then that is the opposite of what they say every day. I see many people always claiming that they will sell all assets or buy as much as possible. if bitcoin drops to $5k or $1k, then they will buy regardless. They see this as an opportunity to buy bitcoin because they missed that opportunity before. Those claims were all over social media and even on our forums during last year's bear season if you were paying attention. So if what you say is true then aren't they contradicting their previous statements?