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Author Topic: If you were Satoshi Nakamoto, what would you do?  (Read 538 times)
Wexnident
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February 10, 2024, 01:22:50 AM
 #21

~
1. Nope. I see no need to and I don't really think fame would get me anywhere. In fact it'd only be a bother really. I'd rather let the status quo remain.
2. It depends? I mean if I'm in need of money why not. Not all of a sudden or all at once though. I'd much rather do it slowly really. Said BTC ain't going anywhere anyway and no matter the price change, it'd still be a sizeable amount no matter what.
3. Definitely.
4. No. That goes against what I said with 1.
5. Yes.
6. Nope. Maybe at my will, but I see no reason why I should reveal it willingly really. Maybe if they were able to trace it somehow, then sure why not.

Revealing himself seems just a recipe for disaster or chaos really. Just the fact that he owns thousands of Bitcoin is enough of a factor really.

R


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February 10, 2024, 07:14:34 AM
 #22


I have some questions for everyone: If you were Satoshi Nakamoto, what would you do?
  • Would you dare to appear in public?
  • Would you move 1M BTC and sell for USD?
  • Would you participate in the development and upgrade process of Bitcoin blockchain?
  • Would you agree to accept the invitation to El Salvador?
  • Wouldl you continue to stay anonymous and observe the development of Bitcoin?
  • Would you reveal this secret to your children before you die?

References:
[1] Who Is Satoshi Nakamoto?
[2] Why has Satoshi Nakamoto remained anonymous?
1. Yes. If I were alone in life, with neither family nor friends, I would still choose to do this in my final hours. I would confirm it by sending a small amount of satoshis from my wallet to prove my identity as Satoshi.

2. No.

3. Yes.

4. No.

5. Yes.

6. No.

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February 10, 2024, 07:48:06 AM
 #23


  • Would you dare to appear in public?
  • Would you move 1M BTC and sell for USD?
  • Would you participate in the development and upgrade process of Bitcoin blockchain?
  • Would you agree to accept the invitation to El Salvador?
  • Wouldl you continue to stay anonymous and observe the development of Bitcoin?
  • Would you reveal this secret to your children before you die?

References:
[1] Who Is Satoshi Nakamoto?
[2] Why has Satoshi Nakamoto remained anonymous?


1. Definitely no
2. No, unless I wouldn't have money to survive.
3. If I'm anonymous I can't do that
4. Same
5. Most likely yes
6. Absolutely. Perhaps I would tell it to the whole world right before I die.
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February 10, 2024, 09:45:24 AM
 #24

If I were satoshi, I'd like to remain anonymous to outside world. I'd certainly cashout my riches time and again. But in a way not to expose me and my family early.
I might not be able to hold the secret and might tell it to my family and even devise a locker or a timed cryptographic message that reveals my identity with proof after I die or after some decades when I might have died. Satoshi Nakamoto would be considered one of the greatest developer in the future and I would not want to die and forgotten while my pseudonym remains popular. 

Satoshi been anonymous is better,  coming out may cause something about about bitcoin or Satoshi.  If Satoshi make himself known I don't think he will be safe because bitcoin have always been a threat to the government . Satoshi coming out to make himself known to the public can be an easy way to for the government to destroy bitcoin.

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February 10, 2024, 12:45:53 PM
 #25

I agree with the general consensus here, if I were Satoshi Nakamoto, I'll remain anonymous forever, as a true example and representation of the freedom and privacy that Bitcoin guarantees. Revealing his true identity to a few trusted family and friends can be risky for him, because you can never truly trust people to keep your secrets, but the most important thing for him is to keep inheritance for his family, despite him protecting his identity from his Bitcoin.

R


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February 10, 2024, 06:37:45 PM
 #26

If I were Satoshi Nakamoto, I would probably prefer to remain anonymous to avoid risking my personal safety. However, I would use my funds for charitable purposes to help those in need and thus leave a positive impact on the world without revealing my identity.Bitcoin has surpassed all initial expectations and its anonymity remains one of the most important assets.
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February 10, 2024, 06:50:13 PM
 #27

  • Would you dare to appear in public?
  • Would you move 1M BTC and sell for USD?
  • Would you participate in the development and upgrade process of Bitcoin blockchain?
  • Would you agree to accept the invitation to El Salvador?
  • Wouldl you continue to stay anonymous and observe the development of Bitcoin?
  • Would you reveal this secret to your children before you die?
1. No.
2. No. Selling one address (50 BTC) is enough to live comfortably without revealing yourself.
3. No.
4. No.
5. Yes. I'd stay in hiding.
6. I'll cross that bridge when I get there.

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one man can make a difference and you are going to be that man
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February 10, 2024, 07:07:09 PM
 #28

Satoshi was a wise man and he knew how dangerous it can be to go public if bitcoin becomes an asset class in the future. It is also possible that satoshi is just a made-up character to shadow the real person behind the creation of the bitcoin network. But who ever did that? They wanted to remain anonymous for a reason and i think every wise man would do the same. It is hard to tell what i would do if i were satoshi because creator has ambition, and his future plan have been built on that.









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February 10, 2024, 08:33:32 PM
 #29

If I was Satoshi I’d do nothing. I wouldn’t reveal who I was & I wouldn’t do anything to prove it. Satoshi created Bitcoin anonymously, he didn’t want publicity or fame for doing it. I’m sure he was solo mining & has many Bitcoin in ‘not known’ Satoshi addresses. He could spend them without raising suspicions, it’d just look like a real OG selling. Satoshi is either dead or going to live anonymously, that’s how he wanted it to be.

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February 10, 2024, 09:12:57 PM
 #30

Steer clear of the public that's for sure.  He is tied to around 1. Bitcoin.  Going public now could land him dead.  Moving that much bitcoin would probably shake up the world since those being pretty much lost is probably baked into the price.  There is no benefit at this point to go public.  Theor motive was not meant for personal gain as seen in the beginning when they didn't want to be known from the get go.

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February 10, 2024, 09:15:38 PM
 #31

If I’m Satoshi, I will still not reveal my true identity because I made Bitcoin for this purpose but now its slowly fading away because of the regulations and the KYC being implement by most of the projects. Satoshi wants us to be more secured and to transact anonymously at a cheaper rate and at a faster option, and I’d hope that Satoshi will remain anonymous because if he’s going to reveal his true identity, that can affect Bitcoin market especially if that person is one of the most hated person in many countries.

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February 11, 2024, 06:38:09 PM
 #32

Have you ever wondered that Satoshi Nakamoto could simply lose access to his wallet because his hard drive flew or his computer burned down. There are many ways to lose access to your wallet. Maybe he can't do anything with his bitcoins because he doesn't have access to them. And you wonder why he doesn't do anything with them.


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February 11, 2024, 07:07:24 PM
 #33

1. Would you dare to appear in public?

Not after everything that happened, it could be that after I reveal myself, you will find me dead the next day.

2. Would you move 1M BTC and sell for USD?

No, I will let it stay there forever, do you think Satoshi is that stupid to only have that 1M Bitcoin (BTC)?

3. Would you participate in the development and upgrade process of Bitcoin blockchain?

Times are getting more sophisticated over time, people might easily find me if I'm still involved in development, it's another matter if I participate in development without using my pseudonym.

4. Would you agree to accept the invitation to El Salvador?

Hey, I already said I don't want to reveal myself to the public, so the answer is "Not at all".

5. Wouldl you continue to stay anonymous and observe the development of Bitcoin?

Yes, like Satoshi doing now (probably).

6. Would you reveal this secret to your children before you die?

Here it has its pros and cons, but I would go to "I will tell my child that I'm Satoshi before I die". After I destroyed all the archives I had about Bitcoin (BTC), because maybe one day it would be dangerous for my child.

No discussion about Altcoins in this topic, so I think it would be better if you move it to Bitcoin Discussion. That will get you more answers from the best people on this forum.

R


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February 12, 2024, 05:23:38 AM
 #34

Cryptocurrencies are not physical coins they are held electronically, digital assets remain as data. What I did was say thank you to him for devoting his attention to the crypto world developing to this day and becoming increasingly popular and for the future, but he is still a hidden person and even if we do transactions in terms of fees, there are many choices and they are cheaper. rather than the traditional way of using a bank but Users still need to remain aware of its limitations and instability.

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February 12, 2024, 05:02:50 PM
 #35


If I were Satoshi Nakamoto, I would probably send the entire 1M BTC to charities around the world. I would not dare to appear and have my identity revealed for fear of endangering my life. Bitcoin has succeeded beyond all initial expectations  Grin
Why would you do that when everyone's eyes is on the Satoshi coins. If anything did happen to the coins, it will affect the bitcoin price. It will also be good if we see that bitcoin in the address as a bitcoin reserve. When people remember that one address has such amount of bitcoin, they might not think of manipulating the market.

  • Would you dare to appear in public?
There's no need appearing again while hiding for many years.

  • Would you move 1M BTC and sell for USD?
This is not necessary because bitcoin is continuous and not ending tomorrow

  • Would you participate in the development and upgrade process of Bitcoin blockchain?
Yes, because this is passion and wherever Satoshi might be, he is doing that already I guess.

  • Would you agree to accept the invitation to El Salvador?
Yes, maybe to create more fundamentals.

  • Would you continue to stay anonymous and observe the development of Bitcoin?
Yes, the best option

R


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February 12, 2024, 05:25:55 PM
 #36


          I have some questions for everyone: If you were Satoshi Nakamoto, what would you do?
          • Would you dare to appear in public?
          Nope, I won't. I don't think Satoshi would ever do that, that's if he/they're still alive. I would lose the tremendous respect I've got for that entity if he/they were ever to make any public appearance.

          Quote
          • Would you move 1M BTC and sell for USD?
          I would sell a part of it to get a grooving life and to give myself a pat on the back for all those slaving years in the lab, cooking up what's now a phenomenal innovation.

          Quote
          • Would you agree to accept the invitation to El Salvador?
          Nope, what for? I don't see the need for that.

          Quote
          • Wouldl you continue to stay anonymous and observe the development of Bitcoin?
          That's the best thing to do, continue to remain anonymous.

          Quote
          • Would you reveal this secret to your children before you die?
          Of course, yes.

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          February 12, 2024, 11:59:04 PM
           #37

          • Would you dare to appear in public?
          At this time no for security reasons and it will create disruptions and they might time they might target me for what I have created

          • Would you move 1M BTC and sell for USD?
          It's better not to it should stay that way to protect the market 1 million is such a huge amount


          • Would you participate in the development and upgrade process of Bitcoin blockchain?
          There are a lot of great developers in the ecosystem it will just create confusion


          • Would you agree to accept the invitation to El Salvador?
          No for security reasons


          • Wouldl you continue to stay anonymous and observe the development of Bitcoin?
          Yes definitely Bitcoin adoption is doing great why start confusion

          • Would you reveal this secret to your children before you die?
          No, it might disrupt their privacy it's better to keep everything like it is, as a father the privacy and security of the children are more important than any technology.
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          February 13, 2024, 08:19:21 AM
           #38

          Satoshi Nakamoto has solved problem in the world of financial services sector across the globe, in which have to hide his/her identity and until the world end, I don't think the person we review his self, Therefore, if I'm Satoshi Nakamoto I will not review my self to the world because of high risk involved, secondly review the secret to the children is still dangerous as well and the legacy has been created in the family and it only takes courage to keep the secret among the children.
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          February 14, 2024, 09:07:27 AM
           #39

          Well I were Saotshi I would be a very rich man. I would not want to come into public. I think there is too many people who want to talk to him and he does want his own privacy.

          I would not move any of my BTC. But instead I would just watch Bitcoin become what I expected it to become when I wrote the white paper. I would stay anonymous forever. To not get unwanted attention and maybe put my own life in a risk.

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          February 14, 2024, 10:23:22 PM
           #40

          No way, I would've planned my exit strategy before Bitcoin's popularity surged, ensuring no suspicion arose. Then, I'd move to a locale where I could live comfortably without needing a lot of money. The Philippines seems like a promising option, where I could start my own legitimate businesses and live on my own terms, free from financial limitations.
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