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Author Topic: If you were Satoshi Nakamoto, what would you do?  (Read 415 times)
Vincom (OP)
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February 05, 2024, 08:06:06 PM
 #1

Satoshi Nakamoto is a famous figure in the crypto market, and perhaps worldwide at the moment, because he created Bitcoin - the first crypto and opened the blockchain & crypto era. There have been many searches for Satoshi's true identity but no one has been successful. There is someone claiming to be Satoshi Nakamoto but cannot prove it when he cannot move BTC from Satoshi Nakamoto's address[1].

For many people, Satoshi's anonymity is one of the most important assets of the Bitcoin blockchain because it keeps Bitcoin from being an asset managed by any individual[2]. However, today I think of a case when Satoshi Nakamoto reappeared and made the crypto community vibrant again in many ways: discuss on crypto forums, move a few satoshis from his address, send a message to the crypto community via Inscription...

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

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?

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February 05, 2024, 08:26:48 PM
 #2

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?
No.
Yes.
Yes.
Yes, but it can be done through an online meeting. But this defeats the idea of not appearing in public. Even if it will be an online meeting, that's still an appearance.
Yes.
Yes.

But all of these questions will be different if answered by Satoshi himself.



 

 

 

 

 

 


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February 05, 2024, 08:49:22 PM
 #3

Satoshi Nakamoto is a famous figure in the crypto market, and perhaps worldwide at the moment, because he created Bitcoin - the first crypto and opened the blockchain & crypto era. There have been many searches for Satoshi's true identity but no one has been successful. There is someone claiming to be Satoshi Nakamoto but cannot prove it when he cannot move BTC from Satoshi Nakamoto's address[1].

For many people, Satoshi's anonymity is one of the most important assets of the Bitcoin blockchain because it keeps Bitcoin from being an asset managed by any individual[2]. However, today I think of a case when Satoshi Nakamoto reappeared and made the crypto community vibrant again in many ways: discuss on crypto forums, move a few satoshis from his address, send a message to the crypto community via Inscription...

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

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?

If I were Satoshi Nakamoto I would stay behind the scenes with the Bitcoins I have I would not sell any of them I would share them with all the world in need I would not reveal my identity to anyone and would not accept invitations to any country or country. anyone and continue to support the development of blockchain so that the whole world uses this technology in the future and regardless of the name fiat, that's my view if I were Satoshi Nakamoto

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February 05, 2024, 09:24:04 PM
 #4

I have some questions for everyone: If you were Satoshi Nakamoto, what would you do?
  • Would you dare to appear in public?
No. I would be in too much danger and I can not risk being outside even if there were bodyguards around i know there would always be people trying to take me down or get my riches

Quote
  • Would you move 1M BTC and sell for USD?
Yes. Honestly i do not know how satoshi can live knowing he has much money and does not do anything about it. I would definitely take bitcoin and sell it maybe not all of it but a huge portion of it. If i created something that generates this much money, i would like to take my part of it

Quote
  • Would you participate in the development and upgrade process of Bitcoin blockchain?
If i knew how to make it better yes i would try to learn more about bitcoin and try to improve on its limitations behind the scenes but I probably would not get myself involved too much

Quote
  • Would you agree to accept the invitation to El Salvador?
No

Quote
  • Wouldl you continue to stay anonymous and observe the development of Bitcoin?
I can take profit without showing who I really am because of safety purposes as well

Quote
  • Would you reveal this secret to your children before you die?
Yes because i would want them to live comfortably

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February 05, 2024, 09:48:44 PM
Merited by ZAINmalik75 (2)
 #5

.......................................
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?
............

well lets assume that I am satoshi nakomata which I never want to be i would like to me and groom and make my own personality. As satoshi nakomata has done his best part for us with the most unique gift he has given us.

1. nope I would like not to appear in public places and I would love to stay anonymous.
2. Yes for sure I will sell them and enjoy my life. would you sell them or would like to enjoy your life? Hopefully answer will be the same from our side as well haha.
3. Yes I would love to participate in the development of this biggest project in the crypto space. But sadly stoshi nakomata is totally vanished from the world's eye. Maybe he has vanished due to some reasons or personal preference.
4. Yes it is the first time in the future that cryptocurrency is the legal asset for national reserves and anyone can own it without any hesitation. so why not i would like to accept it.
5. Yes Would still love to stay anonymous because privacy does matter.
6. All of mine should be used for something good so I would love to share my assets with children. would you share your digital assets with your children before you die?

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February 05, 2024, 09:59:26 PM
 #6

It's very hard to answer, but assuming,

Quote
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, I will stay anonymous.
2. No, because it will create a lot of noises and many individuals are going to look for me.
3. No, as I have said, before the I left it is with good hands
4. No,
5. Yes, I have stay hidden already. and I will just observed it from the background.
6. Yes, but I will not hand them my private keys, if I still have it.

.
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February 05, 2024, 11:27:27 PM
 #7

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
Then it would cause a major crash in the price of Bitcoin on the moment he executed the huge transaction to charity. Neither the charities, neither other investors would be benefited by Bitcoin anymore, as BTC's reputation would be completely destroyed from that moment on.

I have some questions for everyone: If you were Satoshi Nakamoto, what would you do?
Satoshi Nakamoto is right by acting the way he has been doing since the beginning. It's actually a good example on how every of us should act if we were on his shoes. If he wants his creation to work, he has to remain anonymous and outside of the cameras, otherwise Bitcoin would be heavily prejudiced and accused of being launched with the sole purpose of enriching its creator. Bitcoin works because there is an ideal behind it, which goes beyond wicked human's nature of being greedy and only acting on their own interest. Satoshi Nakamoto, on the other hand, looks loyal to what he believes and what he has created.

It must be a temptation to sell all his coins at anytime and conquer power and money immediately, but somehow he fights the wicked human's nature back, and remain noble to his initial purpose. I think the question is, would you be able to do the same, if you were him?

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February 05, 2024, 11:48:54 PM
 #8

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. 


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February 05, 2024, 11:59:40 PM
 #9

First, this discussion would suit the Bitcoin Discussion, you can move it there.

I didn't question Satoshi's decision to be anonymous and didn't dare to reveal it to the public which is good to respect.  

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
Good thing you aren't. Cheesy
If this happens, Bitcoin will be crushed due to a huge supply will sell.  Imagine, 1M Bitcoin in a total supply of Bitcoin might have an impact to the price.

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?
1. No!
2. No!
3. Yes, but to disguise as a developer.
4. No, to care about my anonymity.
5. Yes, of course.
6. No, for the sake of anonymity.

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February 06, 2024, 09:05:29 PM
 #10

-cut-
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?
-cut-
I would never appear in public. But i would probably cash in my 1M BTC, or at least part of it. But why would i participate to development? I already could do that. Anyone with skills can propose changes. Miners and community just have to agree with changes.

I wouldn't accept invitation to El Salvador. That would only reveal my identity. I wouldn't go there anonymously either. I would have probably revealed everything to my closest family already.

But to be totally honest, i wouldn't want to be Sathosi as Satoshi is most likely dead.


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February 06, 2024, 09:27:29 PM
 #11

If I'm a satoshi nakamoto I will not make myself to be known by anyone, because government is against existence of bitcoin and they are looking for all means to track bitcoin down, so if satoshi should appear in public government may get he arrested to review the secret of bitcoin technology, because it's understanding that bitcoin and the secret behind it development and adoption is be held by satoshi nakamoto and if he makes itself available to people to know that he is the founder of bitcoin it might put itself into problems.

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February 06, 2024, 09:32:11 PM
 #12

Satoshi Nakamoto is a famous figure in the crypto market, and perhaps worldwide at the moment, because he created Bitcoin - the first crypto and opened the blockchain & crypto era. There have been many searches for Satoshi's true identity but no one has been successful. There is someone claiming to be Satoshi Nakamoto but cannot prove it when he cannot move BTC from Satoshi Nakamoto's address[1].

For many people, Satoshi's anonymity is one of the most important assets of the Bitcoin blockchain because it keeps Bitcoin from being an asset managed by any individual[2]. However, today I think of a case when Satoshi Nakamoto reappeared and made the crypto community vibrant again in many ways: discuss on crypto forums, move a few satoshis from his address, send a message to the crypto community via Inscription...

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

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?
Your questions are basic and complex at the sametime. I'll attempt to answer all th questions.
No, I'll prefer to stay anonymous because that have kept Bitcoin going forward and popular in the universe.
What's the essence of moving 1M BTC and sell for USD when I can easily convert them to stable coin for future purpose?
Ofcourse I'll anticipates in the blockchain upgrade but I'll ensure my activities are discreetly triggered.
No, I will not honour the invitation to El Salvador for reasons best known to me.
Anonymous is the best style to stay for the purpose of good growth of bitcoin in the space.
Revealing the secret to my children before I cease to exists, I will expose everything that have made me who I'm today.


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February 07, 2024, 03:05:20 PM
 #13

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?

1. of course not, I will continue to protect my identity lol. too many bad people in this world. so I will remain anonymous forever.
2. since it is impossible to sell 1 million btc on just one exchange, I will spread it to 20 exchanges, and spend the liquidation all over the world. be thankful Satoshi is not me, you guys  Grin
3. I love technology being adopted worldwide, even if my answer contradicts number two, I'm willing to do it.
4. why not, I heard there they have beautiful views, beautiful women, and delicious food.
5.why not, I heard there they have beautiful views, beautiful women, and delicious food. Yes, provided the government protects my identity, of course.
6. Of course. Even if they tell the story at school that his father was Satoshi Nakamoto, no one believes it either. Grin

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February 07, 2024, 03:23:36 PM
 #14

IF I WERE SATOSHI NAKAMOTO.
then I would not go anywhere and would not show my identity to anyone, except my confidants.
because I think my presence out there will be a lot of people focused on me.
especially crime will also focus on me and will greatly threaten the peace of life.
And it will also threaten my life too.

but I think it's better to be anonymous than to live in the real world.
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February 07, 2024, 06:24:34 PM
 #15

If I were him I'll be ripping off some of those funds that I created or to say sell some. I think he deserved to live with good life and amazing lifestyle. He created something that every person in the world would be thankful with. Of course just dont sell it all cause the market might crash. But revealing himself would be chaos. Its better to stay hidden and acts like ome of the jabbawackees guys and talk tot he people in a unique way or blockchain messages.

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February 07, 2024, 09:13:11 PM
Merited by Huppercase (3)
 #16

So many questions about Satoshi Nakamoto, what if, what that? This is the talk on the crypto world about Satoshi whenever a discussion is being brought up about him. If I was Satoshi Nakamoto, I will assume I should have the same thinking as he does and will only follow the path which he is following currently to protect the development of bitcoin. Any of the questions you’ve asked above; if none of them will align with what will safeguard bitcoins existence, I will not allow any of that to happen.

The anonymous nature of Satoshi is what is keeping bitcoin alive today, and I so much believe that without it been so, a lot would have happened in the space that would be at a great disadvantage to bitcoin today. Being anonymous is this present age is the best especially when your identity will pose threat to you or an invention that you have control of the back end.

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February 07, 2024, 11:24:03 PM
 #17

I would probably prefer to remain anonymous. I wouldn't even want to touch my 1M Bitcoin back. Because that could create panic or something like that in the market. Because Satoshi definitely has another wallet that is not actually known to the public. He could have many wallets containing several BTC. So he can just sell from that many wallets and not have to touch his BTC Wallet which has millions of BTC at all.

Remaining anonymous means opting out of all questions. but to tell our kids maybe it will be done. Because in the end everything must be revealed at the right time or at the right moment.

.
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February 07, 2024, 11:55:00 PM
 #18

  • Would you dare to appear in public?
I will not anymore because, for me, Bitcoin is already in good condition right now, with or without Satoshi Nakamoto, Bitcoin will stay so it's fine. Bitcoin was built for decentralization, so we don't need Satoshi Nakamoto anymore.

Making Satoshi's identity public could cause attention to move from the technology to the founder, which would go gainst the original plan to create a decentralized currency. But overall, Bitcoin is already decentralized.

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February 09, 2024, 11:46:55 PM
 #19

If I were Satoshi Nakamoto, I would still be in the background watching the development of the crypto world. I would not show who I really am to anyone, nor my wife or children. Personally, with the coins I have, I would give them to people who need them and I would create a focused school. in cryptocurrency without knowing who I really am because I think that if my identity is revealed then there will be big problems if I am Satoshi Nakamoto

SUGAR
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February 10, 2024, 01:11:20 AM
 #20

If I were Satoshi Nakamoto, I'd probably want to stay out of the spotlight and watch Bitcoin grow from the sidelines, like a quiet protector keeping an eye on things.  I might give little hints here and there to help it stay on track with decentralization and giving power back to regular people and  maybe I'd anonymously chip in to support projects working toward that original goal, too. 

I wouldn't want attention on me specifically.  Id just be happy seeing this thing I created take on a life of its own and hopefully make finance more accessible and fair over time.  It'd be rewarding enough to see Bitcoin becoming a global phenomenon that empowers folks financially.  I'd stay mysterious in the background just keeping my creation on the right path when I could.

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