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

[macson]

That would only be if the US government were able to capture Satoshi, but from then until now, they haven't even been able to reveal who Satoshi really is, so what's there to prove?

So I don't think it's necessary to say that if Satoshi were to be captured, it would be like this, because that's simply unrealistic, as Satoshi has already covered his tracks, and it would be impossible for anyone to prove who he really is.

[Cleanslate_]

That's not true for a man that has made a great impact in the history of mankind to help alleviate poverty and improve the standard of living of so many persons in the world.

I don't think it will be possible arresting Satoshi for creating bitcoin, instead he will be well recognized globally and Bitcoin will not go to zero but instead increase in price making people wanting to have more of it .

Bitcoins was made decentralized because even himself cannot have a full and total control of it, what about is group that all created Bitcoin, what if they have several roles and ideas to play in retrieving necessary codes to unlock Bitcoin and one out of them is already gone, of what use will Satoshi's arrest be to them .

[Kelvinid]

That's already too late, bitcoin is already well established and any group or entity will not have the power anymore to break bitcoin and shut it down.

In fact, they have been targeting Satoshi for so long but then again no one comes out, so maybe they have accepted the reality that Satoshi is already dead or probably the name Satoshi does not exist anymore, so the government will surely be struggling on this issue if they won't leave Satoshi for good.

Satoshi is known to be wise and brilliant, so what is happening today has already been foreseen by Satoshi, the reason why he stays anonymous all this time.

[TastyChillySauce00]

I don't think that's true. We got tons of altcoins and their founder is known, yet their altcoin that have minimal utility isn't going to zero.
Bitcoin is as decentralized as a digital currency can be, there is nobody to control but through consensus of miners, even if the creator of bitcoin is known, it has nothing to do with the creator anymore because the blockchain already runs on its own.

It's like any community takeover.

[Smartvirus]

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

I came across that clip on “X” formally tweeted and he was so positive and emphatically so on this view of Bitcoin. Well, we can’t blame him for his ideas and why he thinks it so given how Bitcoin has thrived on the pseudo character od Satoshi Nakamoto but, we must also acknowledge that the invention is greater than the founder as it is.

Who do i say that, Bitcoin in today thrives on the will of the people. Now this brings me to this, when the idea of having to flood the market with Bitcoin comes to mind;

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.

After they sell it, what do they think would be the stands of those that are buying? What would be the reason on having to buy? Would people be buying for the sake of throwing their money away..? I think not.

The idea of decentralization being weaken but, not destroyed and that’s because, when these coins get in the hands of other Bitcoin enthusiasts, it would be their legal property just as Satoshi Nakamoto’s Bitcoin hodlings remains their legal property and can’t be forced off them by any legal system.

[X-ray]

There are so many IFs coming from fudders and none of them become reality.

If the internet collapse, if electricity gone, if solar flare wipe magnetic data that causes the blockchain to be wiped from the storage drive. All of them is nothing but just a wishful thinking.

Even if everybody sell their bitcoin, the price would never go to zero in a literal sense, that's just not possible and no, if we know who is Satoshi Nakamoto, that doesn't really change the stance of the bitcoin holders on their conviction to hold bitcoin.

[virasisog]

Nope, I don't think that Bitcoin would be worthless if we knew who is the creator, there are other crypto that is doing well right now even though their creators intormation are shared or known to the public.
It might create some wave but it wouldn't turn Bitcoin price to zero.

[taufik123]

Nope, I don't think that Bitcoin would be worthless if we knew who is the creator, there are other crypto that is doing well right now even though their creators intormation are shared or known to the public.
It might create some wave but it wouldn't turn Bitcoin price to zero.

Those who say being Zero are only those who don't support Bitcoin or those who just want the price to really go back to the beginning.
If satoshi does appear there will be a lot of speculation going on and indeed the price will be completely unstable,
between those who still believe and those who want to sell because it will be very sensitive when the creators of Bitcoin appear.

Satoshi remains anonymous until now not without intention, but Satoshi wants Bitcoin to be known and developed not because of his real identity, but because Bitcoin is useful until now.

[Mahiyammahi]

you have some excellent thought about it OP but 2% of the supply of bitcoin doesn’t mean that it will cost to zero. we may see a short time huge volatile, which can make bitcoin goes lower than all time low. But it does not mean that it will go zero just cause of one person.

I would say that if that amount circulated in market, a lot of people will have the opportunity to buy those bitcoin in cheap price. So I think rather than being afraid of this, you should consider this lifetime chance.