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Author Topic: Satoshi's anonymity, Bitcoin's greatest strength.  (Read 651 times)
Jegileman
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February 25, 2025, 08:27:41 PM
 #41

1. Even if Satoshi becomes known, it won't turn Bitcoin into a centralized system.
The only thing that he may influence for sometime is price.
Bitcoin is decentralized because it was built that way not because Satoshi is anonymous.
Bitcoin has no head just a creator.

Whether directly or indirectly, Satoshi’s stance on bitcoin and his disappearance really have great impact to what bitcoin is today. We need to know that bitcoin is anonymously and decentralized but that may not have been fully achievable by now if Satoshi is known because government will be on his trail. In one way or the other, they may have forced him to make some changes to the system which will definitely affect the overall working conditions of bitcoin.

When the creator of bitcoin is forced, he may compromised and leak out some confidentiality that are good for the development of bitcoin. If bitcoin would have succeeded this far without him going into hiding, then by now i feel he should be known. He knows best why he went into hiding and I respect his opinion as it has brought development to Bitcoin and have made it come this far in the global financial market.











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Churchillvv
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February 25, 2025, 10:56:23 PM
 #42

With these points of mine, I hope I've succeeded to convince you why Satoshi Nakamoto is very likely to remain anonymous till the end of time.
Sounds like a debate between you and you trying to convince yourself you said something valid enough.

Anyways in the first few years of bitcoin it was best to remain anonymous just as Satoshi did because if he had revealed himself back then he would have faced a lot of attacks just the way bitcoin was attacked by governments in the first few years but recently it doesn't matter anymore who created bitcoin because it's decentralised and no one has autonomous power or ownership of it rather the masses makes the decision of what happens and what does happen.

Today those who would have prosecuted Satoshi are now buying bitcoin for their economy so it's what it is.

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February 25, 2025, 11:30:05 PM
 #43

This is what I've been trying to preach for years.  This was all planned out from day 1, I know this for a fact.  I wont say how, but I do.  Satoshi knew that having a "central figure head" behind bitcoin would ruin it.  This is one of the main reasons bitcoin is the best cryptocurrency coin and likely always will be.  It was ESSENTIAL to it becoming what it has today and one of the reason why say my bud Charlie Lee sold his LTC off as he knew the importance of not having so much "skin in the game".
Bitcoin creation was not a coincidence, it was a well thought out project. Before the first code of bitcoin was everly written, Satoshi had planned his anonymity and that is why he hasn't been revealed till now. Assuming he remembered the privacy when he must have been some miles into the bitcoin journey, it would have been difficult for him to seal his path of identity. And that decision of his to remain anonymous is the strongest advantage of bitcoin.

This tells you just how way beyond time and space the creator of Bitcoin was. Some would have sort out the trends and popularity that comes with having to create this revolutionary currency and maybe benefit from what comes after the popularity of it but nope, all these the creator gifted to the network. Let the theories come, let the claims come and let it be proven wrong every time but Bitcoin remains the one thing that stays true and the immortalized and unbodied nature of its creator Satoshi Nakamoto.

R


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February 26, 2025, 01:45:19 AM
 #44

This is what I've been trying to preach for years.  This was all planned out from day 1, I know this for a fact.  I wont say how, but I do.  Satoshi knew that having a "central figure head" behind bitcoin would ruin it.  This is one of the main reasons bitcoin is the best cryptocurrency coin and likely always will be.  It was ESSENTIAL to it becoming what it has today and one of the reason why say my bud Charlie Lee sold his LTC off as he knew the importance of not having so much "skin in the game".
It was very well-planned before the launch of project and Bitcoin Genesis Block. There are two most important contributors for this success. The great mind of Bitcoin founder, Satoshi Nakamoto, is key. However there is another important contributor, from many predecessors before Bitcoin. They are failed projects but actually began some technical innovative movements and laid some foundations for Bitcoin development and successful launch years later.

Those projects are documented in Bitcoin Prehistory.

R


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February 26, 2025, 10:48:07 AM
 #45

Reading through the thread, I have not changed my original assumption.

What was the point of this thread? It seems as though you created it in the hope of receiving merits, you did not enlighten with anything new.

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.Duelbits PREDICT..
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.WHERE EVERYTHING IS A MARKET..
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Will Bitcoin hit $200,000
before January 1st 2027?

    No @1.15         Yes @6.00    
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