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Author Topic: Who can destroy Bitcoin?  (Read 1731 times)
johnnyyash
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March 10, 2026, 08:45:15 AM
 #201

I don't think bitcoin can be destroy
..its a digital currency known as a source of a payment system and a means of savings of currency and security wise ......bitcoin is known globally and used as a source of exchange of goods and services, and millions has individual accounts and bitcoin stored managed and used....bitcoin can't be destroy!!!
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March 10, 2026, 08:53:34 AM
 #202

I don't think bitcoin can be destroy
..its a digital currency known as a source of a payment system and a means of savings of currency and security wise ......bitcoin is known globally and used as a source of exchange of goods and services, and millions has individual accounts and bitcoin stored managed and used....bitcoin can't be destroy!!!

If the country wants to outlaw BTC for its citizens.. They can try. But they would only hurt themselves in the long run, imo.

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March 10, 2026, 11:55:26 AM
 #203

Most people believe in and invest in Bitcoin because they recognize its potential. Because it is a decentralized asset, its supply is scarce, and it is a great alternative to the outdated traditional financial system. In other word, they invest in bitcoin because they see the economic opportunities it can offer. They did not invest in it because of the creator identity, or because Satoshi held 5% of the supply and had no intention of selling.

Therefore, even if Satoshi were to sell his bitcoin, it would not cause many people to lose faith in bitcoin. And he could not destroy it because he had no control over it.
Bcoin is not like the tokens or those shitcoins, Satoshi didn't allocate 5% of total supply to himself rather he mined them and that just struck with him forever and people didn't really thought that bitcoin will become something but nerds thought this is interesting concept and why not join hands and around 2 decades later here we are, bitcoin entered the top 10 market cap of all assets combined. So yeah people invested in bitcoin because of the idea or simply they thought it is going to moon but whatever the reason if Satoshi comes now and moved those funds that is not going to be a good day for sure in terms of price.

I agree with you that if Satoshi comes now and move those bitcoin, it would certainly cause panic in the market. Many people will sell but not because they have lost faith in bitcoin. Some simply want to avoid risk or take advantage of short term market volatility. And that is something we frequently see whenever large whales sell Bitcoin, not just when Satoshi sells it.

Satoshi selling Bitcoin is similar to when large whales or institutions sell their Bitcoin. The impact on the market is inevitable, but it will all be temporary, and it would not be due to a loss of confidence but rather a reaction to the supply shock and short term uncertainty.

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March 10, 2026, 03:18:26 PM
 #204



I agree with your opinion here. Satoshi would be the last person to think of destroying his invention. I also doubt if he would think of selling his holdings because if he does that, people would lose interest in the innovation and there would likely be a decline in the price of Bitcoin which would definitely affect the crypto market entirely. Selling his Bitcoin holdings might also put him at risk of the government coming for him.

Bitcoin could fall and the market could become chaotic if he decides to sell all his bitcoins. But I do not think people will lose interest in bitcoin just because its creator is selling it. Bitcoin is attractive and has potential because it possesses unique characteristics and is a distinct asset class compared to others. We invest in Bitcoin because of those outstanding characteristics, not because it was created by Satoshi or for any other reason.

I do not know what you think, but I would not sell my Bitcoin just because Satoshi sells it.

However, I agree that he would face risks and the government could come after him if he decided to sell his bitcoins. Therefore, the likelihood that he will show up or sell his bitcoin is very low.

True, there could possibly be a decline in the price value of bitcoin if Satoshi sells his bitcoin, and that would raise or cast doubt in the system, and there would be a big dump, which would affect the crypto market entirely, with a big liquidation, which would wreck the economy.

Doing this alone could attract attention to himself, so I believe that would be the least he would be thinking of right now, because I know he would not want to expose himself or put himself at risk of being attacked by both the government and criminals. He is very thoughtful, so I do not believe that he would act childishly by coming out publicly to act funny or to sell his bitcoin holdings.



Pablo-wood
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March 10, 2026, 04:09:20 PM
 #205

In my opinion, whether Satoshi selling his Bitcoin would trigger market panic and cause a sharp drop in price will depend on several factor.

We all know that prices only fall when liquidity is weak and demand is insufficient to absorb the selling pressure. This means that even if Satoshi sell all of his bitcoin, but if the market had deep liquidity and strong demand from institution or governments. The impact may be absorbed more quickly and be less severe than many people fear.

It can be said that the impact of Satoshi selling bitcoin on the market will depend on the timing, the method of selling, and the market liquidity at that time.
The percentage of Bitcoin in Satoshi's possession will also decide if the market will respond or not. If I am not mistaken Nakamoto owns approximately 1.1m  BTC during Bitcoin's early days (2009–2010) and has at March 2026 20m Bitcoin have been mined which means if Satoshi is still alive he/she should have added more coin to their portfolio maybe through a different wallet address. If the fellow eventually sells liquidity will obviously drop, demand will decline and panic will force many others to sell which eventually drops the value of Bitcoin as an asset.

If Satoshi own's 5% of total bitcoin mined and sells all it will obviously send panic and we all know the effect of panic it stirs up FUD and the doubt that comes with it will trigger selling attack and price will be pushed down to its lowest possible value before it begins to gradually recover momentum.

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Cossyblack
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March 10, 2026, 09:08:30 PM
 #206

What could destroy Bitcoin nobody knows, some has said that it's only Satoshi that can destroy Bitcoin but no body knows who is Satoshi of he is still even alive or dead, i don't also think that the creator of Bitcoin will want to destroy it, Bitcoin has changed the lives of many Bitcoin is also still in existence we should focus on accumulating Bitcoin, though nobody really knows what will happen to Bitcoin in future in a safe way we can invest with your discretionary income.
Satoshi is the creator of bitcoin so he should know a way to destroy but why would he want to destroy his creation. In my opinion Satoshi wouldn't want it destroy,which is why he chose to remain anonymous to protect bitcoin. If Satoshi hadn't hide his real identity from the world, people could have tracked him and forced him to destroy bitcoin. Bitcoin has many enemies because it cannot control especially the government who want it destroys because they can't control it. If they had their way, they could either have control it or destroy it.
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March 10, 2026, 10:54:38 PM
 #207

Honestly, it's a fun thought experiment, but I don't think Bitcoin can truly be "destroyed" at this point. The whole idea of decentralization means that there isn't a single point of failure. Satoshi, if they even exist as one person, could try to wreck it by dumping all their coins, sure, but that would just cause a massive crash, and then it would likely just bounce back as people pick up the pieces.

Bitcoin’s value and credibility are driven by the community, not just by a single person or a group. Sure, centralization is a problem, but even with the major players involved, the whole system is still running on the blockchain, which is incredibly hard to take down. Plus, we’ve seen governments, regulators, and other power players try to kill it, and yet Bitcoin keeps going strong. It adapts, it evolves, and that’s part of why it’s survived.

If Satoshi wanted to "nuke" Bitcoin, it wouldn't be as easy as it sounds. The real power in Bitcoin lies in its network and the people who support it. Satoshi might have created it, but now it's bigger than just them.

So, in short, Bitcoin won’t be destroyed by a single person, even if that person has a lot of coins. It’s about the system as a whole.
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March 10, 2026, 11:22:59 PM
 #208

I don't think bitcoin can be destroy
..its a digital currency known as a source of a payment system and a means of savings of currency and security wise ......bitcoin is known globally and used as a source of exchange of goods and services, and millions has individual accounts and bitcoin stored managed and used....bitcoin can't be destroy!!!
All human creations can be destroyed. It includes Bitcoin. We must admit it. However, since Bitcoin is owned by many people around the world, Bitcoin is likely to last a long time and won't easily be destroyed due to its role in human life nowadays. But having a crucial role for human life doesn't mean it becomes indestructible.  Wink

Satoshi is the creator of bitcoin so he should know a way to destroy but why would he want to destroy his creation. In my opinion Satoshi wouldn't want it destroy,which is why he chose to remain anonymous to protect bitcoin.
Of course, it doesn't make sense that Satoshi will destroy his own creation. Moreover, Satoshi has made huge sacrifice to keep Bitcoin around. If wants to destroy it, he must do it in the past. And he doesn't need to disappear and keep a lot of Bitcoin in his wallets. Everything he has done, all of them indicated that Satoshi wants Bitcoin to last a long time. There is no single sing that he probably destroys in the future.


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Rustam Meraj
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March 11, 2026, 02:41:01 AM
 #209

Satoshi is the creator of bitcoin so he should know a way to destroy but why would he want to destroy his creation. In my opinion Satoshi wouldn't want it destroy,which is why he chose to remain anonymous to protect bitcoin. If Satoshi hadn't hide his real identity from the world, people could have tracked him and forced him to destroy bitcoin. Bitcoin has many enemies because it cannot control especially the government who want it destroys because they can't control it. If they had their way, they could either have control it or destroy it.
There is no off switch. Actually, Satoshi themselves took their control out of system early. I believe that Satoshi disappearing made Bitcoin fair natural item such as gold that no one owns and reason that we now see large governments giving up efforts to stop it in favor of setting up Plan Bitcoin Savings so that they can stay in race. Although I agree with you that this is real reason to be worried with government force, I must add that even, as of today, Satoshi would not be able to ruin system with their hands because code is free to see and it is kept in thousands of computers all over the world. So best security part of Bitcoin is that name of maker is not known, and government can do nothing with so-called boss.

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March 11, 2026, 09:50:47 AM
 #210


Satoshi is the creator of bitcoin so he should know a way to destroy but why would he want to destroy his creation. In my opinion Satoshi wouldn't want it destroy,which is why he chose to remain anonymous to protect bitcoin. If Satoshi hadn't hide his real identity from the world, people could have tracked him and forced him to destroy bitcoin. Bitcoin has many enemies because it cannot control especially the government who want it destroys because they can't control it. If they had their way, they could either have control it or destroy it.

Incorrect. If Bitcoin could be destroyed by a single individual, even its creator, then it wouldnt be called decentralized.
Remember that Bitcoin has no off switch and Satoshi doesnt have any special power. So he cant destroy it, and nobody can.

Furthermore, his withdrawal from the project and anonymity was for self protection and to avoid legal trouble, not just to protect Bitcoin.
Bitcoin has no off switch, no leader and operates based on consensus. Therefore, destroying it is almost impossible at the present time.

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March 11, 2026, 12:51:47 PM
 #211


Satoshi is the creator of bitcoin so he should know a way to destroy but why would he want to destroy his creation. In my opinion Satoshi wouldn't want it destroy,which is why he chose to remain anonymous to protect bitcoin. If Satoshi hadn't hide his real identity from the world, people could have tracked him and forced him to destroy bitcoin. Bitcoin has many enemies because it cannot control especially the government who want it destroys because they can't control it. If they had their way, they could either have control it or destroy it.

Incorrect. If Bitcoin could be destroyed by a single individual, even its creator, then it wouldnt be called decentralized.
Remember that Bitcoin has no off switch and Satoshi doesnt have any special power. So he cant destroy it, and nobody can.

Furthermore, his withdrawal from the project and anonymity was for self protection and to avoid legal trouble, not just to protect Bitcoin.
Bitcoin has no off switch, no leader and operates based on consensus. Therefore, destroying it is almost impossible at the present time.

I also believe that the creators made sure that Bitcoin could not be destroyed as a phenomenon. The only thing that could truly destroy bitcoin would be the total absence of electricity, a permanent global blackout. No electricity means no access to digital products. But how realistic is such a scenario? In my opinion, it’s absolutely unrealistic.

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March 11, 2026, 02:13:13 PM
 #212

If the country wants to outlaw BTC for its citizens.. They can try. But they would only hurt themselves in the long run, imo.

Is it true? How about China? They used to be a Bitcoin mining hub, but the country banned it. Even now, the regulations are still in effect and have become stricter. Crypto transactions are considered illegal, and even the issuance of stablecoins for companies requires approvals that are not easy to obtain. But so far, in its development, China has not had significant problems for the country; so far they are trying to compete with the United States.

Source: https://www.coindesk.com/id/policy/2026/02/06/china-expands-crypto-crackdown-to-stablecoins-asset-tokenization

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March 12, 2026, 01:50:07 AM
 #213

Is it true? How about China? They used to be a Bitcoin mining hub, but the country banned it. Even now, the regulations are still in effect and have become stricter. Crypto transactions are considered illegal, and even the issuance of stablecoins for companies requires approvals that are not easy to obtain. But so far, in its development, China has not had significant problems for the country; so far they are trying to compete with the United States.

Source: https://www.coindesk.com/id/policy/2026/02/06/china-expands-crypto-crackdown-to-stablecoins-asset-tokenization

It's their loss. I mean, not only China but other countries that are against Bitcoin. They're "shooting themselves in the foot", as they'll be missing the huge taxation benefits BTC provides. It makes sense to make BTC legal by regulating it. Governments get to keep their taxes, and people get to buy/sell Bitcoin without worries. A win-win situation for both sides.

Since most of the world's countries aren't able to agree on common things, they'll never be able to destroy Bitcoin. The core Blockchain network is decentralized with many nodes and miners distributed worldwide. A country closing its doors to Bitcoin, will simply force nodes and miners to move to other friendly areas. I wouldn't envision Bitcoin's "death" for a long, long time.

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March 12, 2026, 02:02:00 AM
 #214


Is it true? How about China? They used to be a Bitcoin mining hub, but the country banned it. Even now, the regulations are still in effect and have become stricter. Crypto transactions are considered illegal, and even the issuance of stablecoins for companies requires approvals that are not easy to obtain. But so far, in its development, China has not had significant problems for the country; so far they are trying to compete with the United States.

Source: https://www.coindesk.com/id/policy/2026/02/06/china-expands-crypto-crackdown-to-stablecoins-asset-tokenization
They are pretty much falling behind in the crypto sector though, there is rarely innovation coming from there and the US is dominating crypto sector almost completely while China got nothing going on.

Such thing is because they decided to ban crypto effectively removing everyone that wants to innovate in that sector in their country with the process.

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March 12, 2026, 03:13:44 AM
 #215


Is it true? How about China? They used to be a Bitcoin mining hub, but the country banned it. Even now, the regulations are still in effect and have become stricter. Crypto transactions are considered illegal, and even the issuance of stablecoins for companies requires approvals that are not easy to obtain. But so far, in its development, China has not had significant problems for the country; so far they are trying to compete with the United States.

Source: https://www.coindesk.com/id/policy/2026/02/06/china-expands-crypto-crackdown-to-stablecoins-asset-tokenization
They are pretty much falling behind in the crypto sector though, there is rarely innovation coming from there and the US is dominating crypto sector almost completely while China got nothing going on.

Such thing is because they decided to ban crypto effectively removing everyone that wants to innovate in that sector in their country with the process.

China is lagging behind the United States in the field of cryptocurrency. However, we need to acknowledge the reality that crypto is still a relatively small industry, with a total market capitalization that has not yet reached $3 trillion. Its impact on the economy remains relatively limited

I think that's why China is not in a hurry and does not need to compete with the US in the cryptocurrency field at this stage.

As we can see, the Chinese economy remains very strong despite its limited involvement in the cryptocurrency sector.

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March 12, 2026, 02:24:03 PM
 #216

Many have already tried and many have already claimed Bitcoin was going to be destroyed at some moment, but it has never happened for real.

Then the question arises, who have the ability to destroy Bitcoin? Ironically, the answer may be only the person who created it: Satoshi.

It's curious to think about the scenario where the creation goes too far away from the initial purposes of the creator, so he ends deciding to nuke this.

And how can this thought be understood and applied to reality? Of course Bitcoin won't cease existing, but as things go more and more centralized each new day, empowering and giving control to the groups who have been ruling this world since always, Satoshi can compromise Bitcoin's credibility, by for an example, dumping all his coins on the market at once.

Do you think Satoshi will do something against Bitcoin that is bad for Bitcoin, if so, then you can think that Satoshi is not chosen. Satoshi will never do anything bad about Bitcoin, because even if the plan he made for the future is not fully implemented, he will still not do bad things about Bitcoin. Because the popularity of Bitcoin is increasing at the present time and its popularity will increase even more in the future. As a result, Bitcoin will move towards the future at its own pace, no one will stand in the way.

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March 12, 2026, 02:50:17 PM
 #217

Even if Satoshi suddenly sold all his coins, I don’t think that would destroy Bitcoin. It might cause a big price crash for a while, but the network itself would still keep running. Bitcoin doesn’t depend on one person anymore.  Cheesy
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March 12, 2026, 06:35:36 PM
 #218

What could destroy Bitcoin nobody knows, some has said that it's only Satoshi that can destroy Bitcoin but no body knows who is Satoshi of he is still even alive or dead, i don't also think that the creator of Bitcoin will want to destroy it, Bitcoin has changed the lives of many Bitcoin is also still in existence we should focus on accumulating Bitcoin, though nobody really knows what will happen to Bitcoin in future in a safe way we can invest with your discretionary income.
Satoshi is the creator of bitcoin so he should know a way to destroy but why would he want to destroy his creation. In my opinion Satoshi wouldn't want it destroy,which is why he chose to remain anonymous to protect bitcoin. If Satoshi hadn't hide his real identity from the world, people could have tracked him and forced him to destroy bitcoin. Bitcoin has many enemies because it cannot control especially the government who want it destroys because they can't control it. If they had their way, they could either have control it or destroy it.
This makes sense. Satoshi couldn't possibly destroy something he had created so sophisticatedly and then destroy it himself. In fact, he created Bitcoin to counter the increasingly deteriorating fiat system at the time. With Bitcoin people can achieve financial freedom and it makes it easier to store assets to protect value.

Since Bitcoin inception, many have wanted to destroy it, but so far no one has succeeded. In fact, Bitcoin has continued to grow, and many want to adopt it. The wisdom of Bitcoin remaining anonymous to this day may be true, as you say. If Sotashi knew who he was his life would likely be in danger at any time. So, my conclusion is that no one can destroy Bitcoin because it has become a highly sought-after asset.

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March 12, 2026, 08:19:55 PM
 #219

Special thing about Bitcoin is that it was started in fair way where its maker, Satoshi Nakamoto, had to mine each and every coin himself other than getting free part as many of makers of new bad like modern coins do. Bitcoin has grown to be one of 10 highest priced items in world with market value of above $1 trillion in the past year. But at same time, Satoshi still has about 1.1 million Bitcoins which have not moved at all and in case such coins are ever put into market, it will start huge fall in prices and panic. Since coins have stayed still for more than 15 years, most investors think of them as having been lost or out of use, which helps steadiness of Bitcoin price and its rarity being true.
This has a chance of exactly 0 of destroying Bitcoin, and the chance of all these coins being put into the market in a rate that would make it dangerous to Bitcoin is also 0.

In my opinion, whether Satoshi selling his Bitcoin would trigger market panic and cause a sharp drop in price will depend on several factor.
Whether there is going to be a panic drop in such an event or not has nothing to do with the topic at hand, as price fluctuations are unable to destroy Bitcoin. Bitcoin goes through periods of extreme drops in price between its cycles, it means nothing for the topic that is being discussed here.

I don't think bitcoin can be destroy
..its a digital currency known as a source of a payment system and a means of savings of currency and security wise ......bitcoin is known globally and used as a source of exchange of goods and services, and millions has individual accounts and bitcoin stored managed and used....bitcoin can't be destroy!!!
If the country wants to outlaw BTC for its citizens.. They can try. But they would only hurt themselves in the long run, imo.
It would not accomplish anything at all, the same way that outlawing drugs did not accomplish anything at all. Given that Bitcoin is significantly easier to access and hide than drugs, we'd have the same results just amplified by a huge factor.

All human creations can be destroyed. It includes Bitcoin. We must admit it. However, since Bitcoin is owned by many people around the world, Bitcoin is likely to last a long time and won't easily be destroyed due to its role in human life nowadays. But having a crucial role for human life doesn't mean it becomes indestructible.  Wink
Being owned by many people and having many roles in human life does not increase the indestructibility of something, it actually has no relevance to it at all. Something could be used by many people and be very fragile, something could be used by practically nobody and it could be near indestructible.

Even if Satoshi suddenly sold all his coins, I don’t think that would destroy Bitcoin. It might cause a big price crash for a while, but the network itself would still keep running. Bitcoin doesn’t depend on one person anymore.  Cheesy
This has nothing to do with the topic here and has a zero chance of destroying Bitcoin. The reason why other users keep bringing it up is because they are not reading any replies and are just spamming the same nonsense over and over again.

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March 12, 2026, 09:27:40 PM
 #220

Do you think Satoshi will do something against Bitcoin that is bad for Bitcoin, if so, then you can think that Satoshi is not chosen. Satoshi will never do anything bad about Bitcoin, because even if the plan he made for the future is not fully implemented, he will still not do bad things about Bitcoin. Because the popularity of Bitcoin is increasing at the present time and its popularity will increase even more in the future. As a result, Bitcoin will move towards the future at its own pace, no one will stand in the way.

Almost twenty year Satoshi not any decision yet to destroy bitcoin exactly when bitcoin hitting new ATH price, I don't think the founder of bitcoin will destroy what they have build up and seeing the transaction bitcoin wallet from Satoshi keep inactive yet until right now. Now bitcoin hold by many people and not dominance by one person only its difficult to destroy bitcoin, learning how altcoin become scam by owning one person only with holding by developer more than 70% easily for developer to destroy altcoin but its can't happening for bitcoin have many holder right now and not dominance by single holder.

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