"if we know who created bitcoin it would go to zero"

[ultrloa]

Dan Pena was right when he said and I quote "if we know who created bitcoin it would go to zero".
If the US government was able to know and fine Satoshi Nakamoto they would have made sure that Bitcoin go to Zero, and doing it would have been very easy for them, because when they have satoshi Nakamoto in their custody, they will first of all make him send all his bitcoin to them, which is 1 million bitcoin, and when that happens, they will sell all the bitcoin and when they do that bitcoin will automatically go to Zero. And again Decentralization myth could weaken. The only reason Bitcoin is still existing and growing bigger and better is because the creator of bitcoin decided to make him self anonymous till date.

This is not provably how it works, since even if US government know the identity of real Satoshi Nakamoto for sure the value of Bitcoin will not automatically became zero.

The market didn't work like that. Even if Satoshi sold his Bitcoin for sure the downfall effect is temporary and I think that it can make Bitcoin more stronger since in that situation we can totally see that no one can fully control Bitcoin since everything is now been hand to the community. Bitcoin will remain famous since even right now it gather attention and demands.

Government cannot totally control or shut it down because it has been run by many independent investors around the world. Bitcoin is so strong asset than those myth you think about.

[Catenaccio]

This is not provably how it works, since even if US government know the identity of real Satoshi Nakamoto for sure the value of Bitcoin will not automatically became zero.

The market didn't work like that. Even if Satoshi sold his Bitcoin for sure the downfall effect is temporary and I think that it can make Bitcoin more stronger since in that situation we can totally see that no one can fully control Bitcoin since everything is now been hand to the community. Bitcoin will remain famous since even right now it gather attention and demands.

Government cannot totally control or shut it down because it has been run by many independent investors around the world. Bitcoin is so strong asset than those myth you think about.

To make Bitcoin price falling to $0, governments will have to do either owning all bitcoins and dumping it on the market to $0, it's impossible. It will be like serious fight between government and citizens, Bitcoin investors globally, but more important, it will be fight among many governments too. Not all governments want to ban or kill Bitcoin and with time and growth of Bitcoin, governments see more opportunities from Bitcoin than risk.

There is another way is owning enough Bitcoin blockchain hashrate to attack the chain to dead or to change the Bitcoin protocol to a useless and weak one, that is unrealistic too.

None of these possibilities are realistic for governments to do against Bitcoin blockchain and Bitcoin community, so Bitcoin price will fall to $0.

[Cookdata]

Dan Pena was right when he said and I quote "if we know who created bitcoin it would go to zero".
If the US government was able to know and fine Satoshi Nakamoto they would have made sure that Bitcoin go to Zero, and doing it would have been very easy for them, because when they have satoshi Nakamoto in their custody, they will first of all make him send all his bitcoin to them, which is 1 million bitcoin, and when that happens, they will sell all the bitcoin and when they do that bitcoin will automatically go to Zero. And again Decentralization myth could weaken. The only reason Bitcoin is still existing and growing bigger and better is because the creator of bitcoin decided to make him self anonymous till date.

What about Ethereum? That altcoin is the second largest by market cap. If not for the fact that therr has been serious allegations and concerns regarding their foundation selling ether all this while, the growth would have been massive even though I don't like the idea behind the coin. The founder has been walking anywhere he likes and he used to be Bitcoin developer before he found ether and there has never one day any concern about it going to zero. Let's stop this baseless talk of Bitcoin going to zero because it's will not.

Soketimes I don't know how we think. Let's even for one minute assume that Eipstein is Satoshi, what's going to happen? There are several bad people that has created something good for the world. Who dropped Bomb in Nagashaki that year? Was it not the same United state that dropped Bomb on their roof. Cut me some slack about this Satoshi talks. Until proven guilty, Satoshi is one of the greatest and most respected man, not for one day he did anything suspicious about Bitcoin, the price will not go to zero.

[betswift]

Dan Pena was right when he said and I quote "if we know who created bitcoin it would go to zero".
If the US government was able to know and fine Satoshi Nakamoto they would have made sure that Bitcoin go to Zero, and doing it would have been very easy for them, because when they have satoshi Nakamoto in their custody, they will first of all make him send all his bitcoin to them, which is 1 million bitcoin, and when that happens, they will sell all the bitcoin and when they do that bitcoin will automatically go to Zero. And again Decentralization myth could weaken. The only reason Bitcoin is still existing and growing bigger and better is because the creator of bitcoin decided to make him self anonymous till date.

What about Ethereum? That altcoin is the second largest by market cap. If not for the fact that therr has been serious allegations and concerns regarding their foundation selling ether all this while, the growth would have been massive even though I don't like the idea behind the coin. The founder has been walking anywhere he likes and he used to be Bitcoin developer before he found ether and there has never one day any concern about it going to zero. Let's stop this baseless talk of Bitcoin going to zero because it's will not.

Soketimes I don't know how we think. Let's even for one minute assume that Eipstein is Satoshi, what's going to happen? There are several bad people that has created something good for the world. Who dropped Bomb in Nagashaki that year? Was it not the same United state that dropped Bomb on their roof. Cut me some slack about this Satoshi talks. Until proven guilty, Satoshi is one of the greatest and most respected man, not for one day he did anything suspicious about Bitcoin, the price will not go to zero.

i would also add up about the creator himself and his creations - we must differentiate them, because, clearly... even a not-so-moral person can create something truly beautiful, and that thing, his invention, won't be telling you about the person himself much.

the same applies to this siutation.. it doesn't really matter who Satoshi is, because, BTC is his invention - and its beautiful no matter who he is.

[Smartprofit]

Dan Pena was right when he said and I quote "if we know who created bitcoin it would go to zero".
If the US government was able to know and fine Satoshi Nakamoto they would have made sure that Bitcoin go to Zero, and doing it would have been very easy for them, because when they have satoshi Nakamoto in their custody, they will first of all make him send all his bitcoin to them, which is 1 million bitcoin, and when that happens, they will sell all the bitcoin and when they do that bitcoin will automatically go to Zero. And again Decentralization myth could weaken. The only reason Bitcoin is still existing and growing bigger and better is because the creator of bitcoin decided to make him self anonymous till date.

It's entirely possible that Bitcoin's creator (Satoshi Nakamoto) is already dead. After all, 15 years have passed since his disappearance.🙋

It's also possible that he's in a US federal prison on some charge (though he hasn't disclosed his role in Bitcoin's creation).

In any case, I don't think Satoshi Nakamoto's identity being revealed could decimate Bitcoin's price. I believe the biggest danger to Bitcoin is institutional adoption, the creation of a large number of derivatives, and a decline in miners' motivation to mine. This, in my opinion, could destroy Bitcoin. And decimate its price.

And the revelation of Satoshi Nakamoto's identity... Half of humanity won't believe this information, and the other half won't care. 🤵

[henry_of_skalitz]

It's entirely possible that Bitcoin's creator (Satoshi Nakamoto) is already dead. After all, 15 years have passed since his disappearance.🙋

It's also possible that he's in a US federal prison on some charge (though he hasn't disclosed his role in Bitcoin's creation).

In any case, I don't think Satoshi Nakamoto's identity being revealed could decimate Bitcoin's price. I believe the biggest danger to Bitcoin is institutional adoption, the creation of a large number of derivatives, and a decline in miners' motivation to mine. This, in my opinion, could destroy Bitcoin. And decimate its price.

And the revelation of Satoshi Nakamoto's identity... Half of humanity won't believe this information, and the other half won't care. 🤵

it only makes flashy news tag lines from year to year.. or month to month, even.

i would just go around it and not trying to find the real identity of  Satoshi in the first place, simply because it won't change much.. and it's better that way for BTC, imo.

[Dunamisx]

If we happen to see satoshi today, maybe the first thing we should ask ourselves is whether if there's anything changed, what bitcoin network and it protocol once everything to remaining into the availability to make the value you always appreciate and not to reduce because everyone is having access to use Bitcoin and we needed it more, making it very difficult to go zero.

[FortuneFollower]

If we happen to see satoshi today, maybe the first thing we should ask ourselves is whether if there's anything changed, what bitcoin network and it protocol once everything to remaining into the availability to make the value you always appreciate and not to reduce because everyone is having access to use Bitcoin and we needed it more, making it very difficult to go zero.

Satoshi doesn't define the Protocol.

And it will be the same no matter who he is in fact.

People do. Those that use BTC and work toward it staying true to that protocol

[YOSHIE]

Dan Pena was right when he said and I quote "if we know who created bitcoin it would go to zero".

We know the creator of Ethereum and we know the creator of BNB as well as other types of crypto, international governments know the creator, but nothing happens. The price increase continues to happen.
What if the world covers up the creator of Bitcoin or instead the government itself creates it like they created the BRICS currency, then what happens...!

Several superpowers currently rule this planet earth, they can create anything with a specific purpose, nothing is revealed as long as they themselves are in it. I'm sure they know Satoshi and the creator of Bitcoin, in fact they know because the price of Bitcoin continues to rise, not the other way around returning to zero.

[Easteregg69]

I don't think bitcoin will go to zero. Realisticly.

You diversify.

[Z-tight]

i would just go around it and not trying to find the real identity of  Satoshi in the first place, simply because it won't change much.. and it's better that way for BTC, imo.

Isn't it crazy that after so many years on, people are still trying to uncover the mystery of Satoshi, how fascinating. However, i think it sucks when actual bitcoiners do it. I'm not trying to lecture people on what they choose to do, but i mean, we're here because we appreciate the freedom and pseudonymity BTC gives us. So on that note, i think it is only normal to allow Satoshi enjoy their anonymity, not that anyone can do anything to change it though.

You diversify.

Not a bad option at all. As long as it is not into shitcoins!

[Lida93]

These are speculations and imaginations that is highly not to occur. And I don't really believe all what Dan Pena said. Yet, what is created by Satoshi Nakamoto is good and beneficial to all who adopts it regardless of how bad a record he might be said to have earned himself in the books.

At this phase of bitcoin adoption I doubt it can go down zero even with Satoshi identity uncovered, it might create a short crash on the market due to panic and uncertainty that such scenario might create but yet bitcoin wouldn't go zero. Ethereum owner is well known, why hasn't it gone zero, is he that a saint?

[Kelward]

Well, I respect your belief but I do not think that what you said will likely happen.  Sure we can create diffrent scenario and argue about what wiuld really happen if this x and y scenario happen but we cannot deny the fact that what we are discussing is just an illusion and is not realistic because it did not happen.

You are correct, anything that anybody says about Satoshi if he were to show his face now are just their personal opinions and as long as he still remains anonymous we would never know what can truly happen to him. But thinking that he would be arrested is just exaggeration because he didn't commit any crime by creating Bitcoin, the worst that can happen is he will have enemies of decentralization. Anybody that is assuming that Bitcoin will crash or worse go to zero if Satoshi shows up should understand that Bitcoin has gone beyond Satoshi's presence or manipulation. Any discussions about Satoshi's disappearance still attracts so much traffic I guess in the next 10 years Satoshi Nakamoto, will just be a name, though iconic but unraveling his identify might not be a big deal again.

[SquirrelJulietGarden]

You diversify.

Not a bad option at all. As long as it is not into shitcoins!

In cryptocurrency market with only one Bitcoin, and many altcoin projects, diversifying your capital means picking more altcoins and increasing risk of choosing shitcoins. Most altcoins are useless, and many of them are shitcoins with high risk of deaths in a bear market.

How many cryptocurrencies have failed?
13.4M cryptocurrencies have failed since 2021 while 11.6M crypto tokens died in 2025. These figures can make you surprising and shocked but it reveals hidden fact about most of "potential altcoins" in this market.

They are actually potential in a way of sensitive to deaths.

[Furball808]

I don't think bitcoin will go to zero. Realisticly.

No matter how much institutions or individuals end up losing trust on bitcoin and pull out their money, there’ll still be those who will keep believing. That’s how strong the community bitcoin has already built.

You diversify.

Maximum trust in bitcoin doesn’t automatically mean we don’t diversify. Bitcoin’s not going to feel bad if you don’t put all your money into it.

[tygeade]

While it wouldn't go to zero, it would also never happen. I always feel shocked that people think it can be found, you think that governments haven't spent millions already on this? They have and they have tried to find who he is and probably have agencies (like fbi or kgb or mossad etc) who have people dedicated just to find who he is. You think they just ignore and not care?

You think they are not even trying? They have been trying for a decade or more and yet they have not found him so they are not going to find it later on. The guy who has built the decentralized currency that is unlike anything else we have seen so far, will not be stupid enough to get caught and would have tech knowledge to hide himself.

[BlackHatCoiner]

I lost a brain cell reading this post.

• Selling 1 million bitcoin would not make it go to 0. They already have a bunch of hundred of thousand lying around.
• Most heavily invested in bitcoin people wouldn't sell their bitcoin if Satoshi revealed himself. Selling them for what?
• There is no way that Satoshi revealing himself would harm the decentralization overtime.

[ejikeme24]

Why will the US government ask him to send the 1 millon Bitcoin when he didn't commit any offense?

No wonder Satoshi has chosen to remain anonymous because people are so envious of him for no reason, and I'm afraid that they could kill him if they find him because he would refuse sending them the 1 millon Bitcoin if they ask him to do so because he really suffered a lot before he could mine Bitcoin. Personally I have never dreamt of where the real identity of Satoshi was revealed so this makes me believe that his identity will remain unrevealed untill God knows when and I don't think the US government can even find him because he seems to be very cautious wherever he's.

[Z-tight]

In cryptocurrency market with only one Bitcoin, and many altcoin projects, diversifying your capital means picking more altcoins and increasing risk of choosing shitcoins. Most altcoins are useless, and many of them are shitcoins with high risk of deaths in a bear market.

I know all of this and what i meant was diversifying completely out of the cryptocurrency market and into stocks, bonds, real estate, precious metals, etc. It is smarter to continue accumulating BTC than to diversify into altcoins, because there is a 9 out 10 chance that you'd pick a shitcoin, and even if you must buy altcoins, then do so with a 'small' amount of money.

Why will the US government ask him to send the 1 millon Bitcoin when he didn't commit any offense?

Because they want it to form part of their BTC strategic reserve, lol