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Author Topic: All of us are more important to Bitcoin than Satoshi!  (Read 413 times)
pooya87
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March 19, 2024, 02:05:28 PM
 #21

BSV is a token built on a foundation of false promises.
You are using the term "token" wrong in all your topics.
Although the definition between a token and a coin is sometimes blurred in the community but we should try to be precise. BSV is a coin not a token, even though it is a shitcoin but it still a coin.
Tokens are referred to the things built inside a token creation platform and depend on that platform like anything built inside ethereum network.

Quote
  • Will the outcome of the lawsuit involving Faketoshi Craig Wright affect the value of BTC?
A centralized authority making any statement about any aspect of Bitcoin should never matte at all and should never have any significant effect on Bitcoin or its value (or even its price). Least of which is courts, since the legal system in a lot of countries can easily be manipulated. We already have the case in UK against the owner of bitcoin.org where the system was manipulated by the scammer known as Craig Wright and court ruled in favor of the scammer.

Quote
  • Does Satoshi's true identity matter to your BTC investment?
  • When will the community stop searching for Satoshi's identity?
I haven't acquired Bitcoin because of Satoshi, I did it because I liked this open source decentralized money that nobody including Satoshi can control.
The community, or rather the media, will always use the identity of Satoshi as story to run with. That's just cool to read and nothing more.

.
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March 19, 2024, 02:29:29 PM
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 #22

I'd like to hear your views on this issue:
  • Will the outcome of the lawsuit involving Faketoshi Craig Wright affect the value of BTC?
  • Does Satoshi's true identity matter to your BTC investment?
  • When will the community stop searching for Satoshi's identity?
1. Faketoshi already lost the case, Judge James Mellor already said that Wright isn't Satoshi and we hope it brings an end to all of this drama, though with the kind of person that Faketoshi is, this is unlikely. COPA also wants to put an end to the incessant suing and harassment of BTC developers and crypto institutions by Wright, they also want to find out if Faketoshi is guilty for perjury in all of this. I don't think this verdict will have any effect on the value of BTC, bitcoiners already know what a conman Faketoshi is.

2. No!

3. In my honest opinion, i think people need to stop looking into who Satoshi is, if Satoshi never wanted to remain anonymous, they would have revealed their identity to the community. Satoshi never wanted their identity to be known, so i think every true bitcoiner should respect that and stop looking to unravel anything.

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March 19, 2024, 03:20:28 PM
 #23

1. Faketoshi already lost the case, Judge James Mellor already said that Wright isn't Satoshi and we hope it brings an end to all of this drama, though with the kind of person that Faketoshi is, this is unlikely. COPA also wants to put an end to the incessant suing and harassment of BTC developers and crypto institutions by Wright, they also want to find out if Faketoshi is guilty for perjury in all of this. I don't think this verdict will have any effect on the value of BTC, bitcoiners already know what a conman Faketoshi is.
There might be more Faketoshi people in future but by looking at Craig Wright and COPA, they will know that there are many people in Bitcoin community are ready to stand up and contribute to fight against Faketoshi.

Chances for new Faketoshi people to succeed will be smaller and their chances to successfully make noise and uncertainty like Craig Wright will be smaller too.

This COPA is a good milestone for Bitcoin community, not bad.

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March 19, 2024, 03:24:46 PM
 #24

I'd like to hear your views on this issue:
  • Will the outcome of the lawsuit involving Faketoshi Craig Wright affect the value of BTC?
  • Does Satoshi's true identity matter to your BTC investment?
  • When will the community stop searching for Satoshi's identity?

i. Although the lawsuit was important to silence this impersonator it will not affect the price of Bitcoin. The Bitcoin system is decentralized making it very difficult for anyone to claim leadership. He might only be able to claim authorship of the Bitcoin Whitepaper which might make him claim it as his intellectual property. Currently, even Satoshi might not be able to control the Bitcoin ecosystem.

ii. Somebody said Bitcoin is the greatest gift Satoshi gave to humanity and the second wonderful gift is his disappearance. The Bitcoin system can run independently without any OG or creator because it is designed to last forever. Therefore, I don't care about the identity of Satoshi because the system is reliable and transparent making me to have confidence in it.

iii. The search for Satoshi will never come to an end.  Just like the study of science people will always try to seek for the unknown. I even suspect that more Faketoshis like Craig Wright might reappear in the future.

R


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March 19, 2024, 05:18:27 PM
 #25





Satoshi's anonymity could be interpreted as an empowering act. It places the focus on us, the users, rather than a single individual. This suggests that Satoshi might view the Bitcoin community, the people who use and promote it, as the true driving force behind the Bitcoin, even more important than the creator.

I'd like to hear your views on this issue:
  • Will the outcome of the lawsuit involving Faketoshi Craig Wright affect the value of BTC?
  • Does Satoshi's true identity matter to your BTC investment?
  • When will the community stop searching for Satoshi's identity?


No one or government saw BTC or the advent of digital money/cryptocurrencies coming, because what they thought started as a joke is now being investigated on a daily basis, and regulated so as to gain legal acceptance in the broader society.
The idea that was created by the real Satoshi will continue to flourish with it being much a currency of choice for payments across borders and platforms without as high the fees as a normal bank would charge and without nosey management or agencies catching a wind to get a cut. It also offers a good store of value and could be to some as a good hedge against inflation.

Fortunately Satoshi being alive or not does not stop the existence of BTC because it is a process already set in motion till it gets to 21million BTC. Fake Satoshi or not, BTC already has dedicated investors that have a better understanding of how to trade and make profits and know that the system already functional as it is,  will continue to innovate to meet the demands of the future advancement in science, technology and economics.

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March 19, 2024, 05:21:34 PM
 #26

Although it is a bit ridiculous to think any of us are anywhere near the importance of satoshi historically, your comment isn't so far off from reality today.  The truth is that satoshi has been dead for around a decade now, so obviously he isn't the one moving forward Bitcoin today.  However, he did create it and his words should act as a guide for the future.  Unfortunately some bad actors got control and wanted to push their own scaling solutions for their own greed and ego, but the community is solving those issues by taking advantage of their loopholes with things like Ordinals.  I have faith we'll get back on the right path again eventually. 

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March 19, 2024, 05:46:18 PM
 #27


I'd like to hear your views on this issue:
  • Will the outcome of the lawsuit involving Faketoshi Craig Wright affect the value of BTC?
  • Does Satoshi's true identity matter to your BTC investment?
  • When will the community stop searching for Satoshi's identity?


Craig Wright, is just looking for cheap popularity, atleast if it's not for him impersonating Satoshi Nakamoto, I probably won't have heard about him from a faraway continent in Africa, and as far as I'm concerned whether he wins or loses in the lawsuit, it'll have little or no impact on Bitcoin. I also believe that Bitcoin has probably surpassed what Satoshi, envisioned when he created it, and it's doing just fine without his presence, so Craig Wright, saga won't affect Bitcoin.

As it is today, Satoshi, is better off staying anonymous, and his anonymity signifies the privacy that makes Bitcoin to be decentralized, with all due respect to him, I don't think that his presence can significantly change anything about Bitcoin now.

Satoshi Nakamoto, has become a myth in Bitcoin story, so modern day explorers will keep digging dip to unravel his identity, and I really don't mind it, because it'll make us not to forget the exceptional genius that created this valuable asset that is impacting lives positively.[/list]

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March 19, 2024, 09:05:05 PM
 #28

I'd like to hear your views on this issue:
  • Will the outcome of the lawsuit involving Faketoshi Craig Wright affect the value of BTC?
  • Does Satoshi's true identity matter to your BTC investment?
  • When will the community stop searching for Satoshi's identity?
1. Just like every other news that have affected bitcoin price , had it been the law suit ruling was in favour of Wright many hodlers of bitcoin today would have sold especially a lot of whales. For it's the anonymity of Satoshi that has been the pillar behind the trust bitcoin holders has on the decentralized network and a change in the status quo will  for real affect bitcoin price value.

2.I heard of bitcoin after a much time forward before knowing about Satoshi and that's when I read about bitcoin white paper. And just like many owners of the traditional banks we have our money's starched there yet don't even know the owners name that's how it all feels for me with my bitcoin investment. So wether satoshi's identify or not it is just the strength of the  bitcoin network to deliver on its decentralization and privacy character am mostly concerned about.

3. So long as bitcoin keep existing and growing Satoshi will continually become a concern to not just the bitcoin community  alone but to the government to sees bitcoin as a threat to their financial regulatory powers.
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March 19, 2024, 10:18:22 PM
 #29


My belief in BTC's value as a store of wealth stems from its potential, not the identity of Satoshi Nakamoto.

Satoshi's anonymity could be interpreted as an empowering act. It places the focus on us, the users, rather than a single individual. This suggests that Satoshi might view the Bitcoin community, the people who use and promote it, as the true driving force behind the Bitcoin, even more important than the creator.

I'd like to hear your views on this issue:
  • Will the outcome of the lawsuit involving Faketoshi Craig Wright affect the value of BTC?
  • Does Satoshi's true identity matter to your BTC investment?
  • When will the community stop searching for Satoshi's identity?


According to science, there cannot be a cell with a parent cell, and if we relate this to reality and the Bitcoin community, everyone in the community is very important; there should be no segregation of who is more important and who is less important. Without Satoshi's idea, there will be nothing like Bitcoin. If Satoshi had not also disappeared and become anonymous, he probably would have been in jail by now for not agreeing with government terms. Satoshi is very important in the community because his absence and anonymity always remind me (I don't know about others) every day about the importance of privacy, laying low and staying anonymous, and the importance of security. 

The Bitcoin technology has formed a network of billions, if not trillions of people who are transacting 24/7 on a daily basis on the Bitcoin network. Miners are also active in confirming and verifying transactions at all times. Investors are also busy buying and selling the fraction they can afford, while traders are also busy in their trading of Bitcoin. Everyone is very important in the Bitcoin network, and from my opinion, I don't think there should be segregation. We are all important. 
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March 19, 2024, 10:28:33 PM
 #30

  • Does Satoshi's true identity matter to your BTC investment?
Maybe there was a time where the identity of Satoshi mattered to me but right now I do not care because I'm more focused on investing than trying to find out the identity of Satoshi. I came to realize that there is a reason why Satoshi has decided to keep his identity a secret and since he decided to keep it a secret there is no need for me bothering myself to uncover that secret when I know that it would not even affect my plans of investing.

  • When will the community stop searching for Satoshi's identity?
Old members have stopped, new members still find the topic of his identity an interest.

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March 19, 2024, 11:32:59 PM
 #31

If Satoshi had not also disappeared and become anonymous, he probably would have been in jail by now for not agreeing with government terms.

Very exaggerated.  Why would he be in jail?  How would that benefit the government?  Satoshi clearly disappeared for the sake of his own privacy (and maybe for the community).  Even if he had not mined more than a couple of thousands of bitcoins, he would be the number one target for $5 wrench attacks.  Nobody would believe him if he told he owned no bitcoins.

Maybe there was a time where the identity of Satoshi mattered to me but right now I do not care because I'm more focused on investing than trying to find out the identity of Satoshi. I came to realize that there is a reason why Satoshi has decided to keep his identity a secret and since he decided to keep it a secret there is no need for me bothering myself to uncover that secret when I know that it would not even affect my plans of investing.

Waste of time, really.  All the evidence of satoshi is presented years now.  We move on and respect his wish to remain anonymous.  I just hope he is healthy and reading the Bitcoin forum once in a while.

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Darker45
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March 20, 2024, 12:02:14 AM
Merited by Medusah (1)
 #32

If Satoshi had not also disappeared and become anonymous, he probably would have been in jail by now for not agreeing with government terms.

Very exaggerated.  Why would he be in jail?  How would that benefit the government?  Satoshi clearly disappeared for the sake of his own privacy (and maybe for the community).  Even if he had not mined more than a couple of thousands of bitcoins, he would be the number one target for $5 wrench attacks.  Nobody would believe him if he told he owned no bitcoins.

More often than not, the government reacts in an exaggerated manner. Being unreasonable isn't surprising as to how they conduct themselves. In the relatively short history of crypto, we've already seen a number of arrests. Somebody who made a free marketplace was arrested. Somebody who merely wrote codes and made it available for the public was also arrested. Somebody who ran a registered exchange was also arrested. Satoshi could have easily been accused of developing a currency for criminals and get arrested too.

Anyway, I feel embarrassed to claim that we are more important than Satoshi. It might make a little sense, though.

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March 20, 2024, 12:40:59 AM
 #33

1. IMO, it's just an event that may or may not have a direct/indirect impact on bitcoin.

2. I'm not sure I have the same thoughts, but the way I understand Satoshi, as a representation that includes everything like bitcoin, blockchain, crypto, and us... so it's not so important that it's an object specific object and there is no question that Satoshi's identity affects your investment with bitcoin.

3. Curiosity never ends, people seek it out and realize there are many things they are interested in and are led to as information. And over time, they will have more confidence and will not care much, but the process of accepting new people will continue to bring curiosity.









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March 20, 2024, 01:10:27 AM
 #34

The concept of this thread almost made me lose interest in reading it, but the truth remains the truth. Perhaps I would agree with op partially, we are very important to bitcoin and satoshi is as important as we the masses. Intact I could say we work Viz vice, which means both satoshi and we the community are equally important, non is higher than the other from my perspective. Without Satoshi there will be no bitcoin, and without the community there will be no bitcoin, they both compliment each other.

1. I don't really know but I at the same time I don't think so, perhaps it might have an effect for some little period but it will definitely not last if it eventually has an effect but I believe that lawsuits has absolutely nothing to do with bitcoin value.

2. Just as you have said, there are lot of things that we use without knowing the real identity behind the invention yet we use and also invest in it, so it's applied to bitcoin as far as bitcoin has lasted for this long I don't really care or should I say it doesn't matter to me not my investment as long as it will yield the expected profit then it's okay by me.

3. It's indefinite, as long as newbies exist there will still be people asking and searching to know who Satoshi is.

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March 20, 2024, 05:26:01 AM
 #35

satoshi nakamoto is an incredibly important character in the field of crypto

cryptocurrency is such a breakthrough that not knowing who actually created it tends to make investors feel nervous and maybe even a little regretful. From my point of view, satoshi nakamoto disappearing sends a message that the coin is not credible however years after it is still functioning well and thriving even

So why do most people still want to get to know satoshi? maybe for tips and tricks maybe some people think he holds the exact times when to buy or sell but I think is that satoshi has no control of the market despite being the one who have made it so for me as much as i would love to have a conversation with satoshi, his identity or rather the lack of it shouldn’t affect my decisions and opinions regarding bitcoin

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March 20, 2024, 07:02:57 AM
 #36

Quote
I'd like to hear your views on this issue:
Will the outcome of the lawsuit involving Faketoshi Craig Wright affect the value of BTC?
Does Satoshi's true identity matter to your BTC investment?
When will the community stop searching for Satoshi's identity?

1.No.
2.No. It doesn't matter.
3.No. The mystery around Satoshi's identity will continue forever(or until someone finds verified info about Satoshi).
We all know that Craig Wright isn't Satoshi, but around 1000 forum threads were made about this subject. Can't we just stop giving free attention to Faketoshi? The Bitcoin community is living it's own life without Satoshi or another "father figure" and that will never change.
However, I kinda disagree with your statement that "all of us are more important than Satoshi". Satoshi is the main creator of Bitcoin. Without him, there wouldn't be any Bitcoin community. Do you really believe that some random guy, who bought 0.01 BTC is more important to Bitcoin than Satoshi himself?

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March 20, 2024, 07:04:32 AM
 #37


Even if he had not mined more than a couple of thousands of bitcoins, he would be the number one target for $5 wrench attacks.  Nobody would believe him if he told he owned no bitcoins.
He can built a very private house, hire many body guards, install many CCTVs, own self guard and any other thing that can strengthen his security, just like other billionaires.

Satoshi could have easily been accused of developing a currency for criminals and get arrested too.
Yep, even though it's not make sense Satoshi would be in jail, but if someone can be a threat for government, the government will shut him down.

So why do most people still want to get to know satoshi? maybe for tips and tricks maybe some people think he holds the exact times when to buy or sell but I think is that satoshi has no control of the market despite being the one who have made it so for me as much as i would love to have a conversation with satoshi, his identity or rather the lack of it shouldn’t affect my decisions and opinions regarding bitcoin
He able to manipulate the price, just like many stupid people rely their Bitcoin investment in Elon Musk's tweet. Even though we're know Bitcoin is completely decentralized, unfortunately many people choose to follow the popular person.

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March 20, 2024, 12:03:12 PM
 #38

It's a normal occurrence when have seen around the world with people trying to claim identify for great innovations such as this probably to get credits and fame aswell so all these around the main identity of statoshi isn't new especially with the fact that he's been anonymous, it will further be a reason why they would want to claim his identity and going to court to justify that actually looks extreme to me because what if the actual person comes up and proves beyond reasonable doubt he's identity, the impostor will definitely have to face a jail term.

The price of Bitcoin so far has been thriving so we'll regardless of the identity of the creator been made known or not but of at all it's going to be affected it will be that there's a different approach he would have wanted that hasn't been effected, that way bringing such to the knowledge of other users nd the rest will definitely help probably add to the value or usability of Bitcoin.

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March 20, 2024, 03:03:31 PM
 #39

More often than not, the government reacts in an exaggerated manner. Being unreasonable isn't surprising as to how they conduct themselves. In the relatively short history of crypto, we've already seen a number of arrests. Somebody who made a free marketplace was arrested.

I can envision authoritarian regimes behaving irrationally against him.  His attacks on their financial system might possibly result in the death sentence being applied to him.  Just one more defense of his obscurity.

He can built a very private house, hire many body guards, install many CCTVs, own self guard and any other thing that can strengthen his security, just like other billionaires.

Being infamous and rich is preferable to being famous and rich; by the way, we are talking about billions of dollars in cash here, not just a few million dollars sitting in the stock market.  Instead, just live a calm, debt-free life without considering anything like that.

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March 20, 2024, 06:56:07 PM
 #40

Being infamous and rich is preferable to being famous and rich; by the way, we are talking about billions of dollars in cash here, not just a few million dollars sitting in the stock market.  Instead, just live a calm, debt-free life without considering anything like that.

That's right. Satoshi won the lottery here. I bet he had some other bitcoin than the ones we all know about and if alive isn't poor or troubled by the existence of the genesis block coins.

Why did he won the lottery? Because successful entrepreneurs are always public people. They run companies, issue stocks, invent things, but Satoshi was anonymous and despite global success of his invention remained this way.

He had a one in a million chance and won money and success without losing freedom. Why would we want to destroy that? Why would he?

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