Identify of Satoshi Required for Bitcoin Currency?

[worldtraveller321]

Thoughts on this. In order to have Bitcoin achieve better credibility to be used more mainstream as a world money system,
Do you think it is important to find the final answer on who Satoshi is actually or was?
Would this bring more confidence to majority of the population in order to want to use BTC as the mainstream money system?

Do you think if we find out the identity of Satoshi that it would increase value? or would it decrease?

why or why not?

[LFC_Bitcoin]

I don’t want to know who Satoshi is or was. I don’t think it would be of any great benefit to know, it would be a security risk to him and it would create loads of FUD.

He walked away, he doesn’t want to be found. Decentralisation and the anonymity of Satoshi is a positive.

[Oshosondy]

Bitcoin is a unique cryptocurrency today because it is not like other coins that is centralized or having the influence of its creator. Satoshi unknown and its disappearance from online posting has been the reason bitcoin is very unique. He does not have any influence on bitcoin price and which is a very good thing.

[Ambatman]

Identify of Satoshi Required for Bitcoin Currency?

His absence is what's required.

I doubt you understand what Bitcoin MO is not to mention it's decentralization became better because there's no face to attribute it to.
So we don't really care who Satoshi is and Frankly I lean with deadpool when he said
Don't meet your idols.

Do you think if we find out the identity of Satoshi that it would increase value? or would it decrease?

I believe you might have forgotten that he's believed to own millions of coins
How would people react Lol.

[PrivacyG]

Imagine Satoshi was a REALLY smart person no one even thought may have been the inventor of Bitcoin.  Now that their identity has been exposed all over the World, they have no choice other than now having a public life, having journalists press them for obvious reasons and possibly even having them dead considering Bitcoin IS the kind of project politicians with hunger of power definitely see as a giant enemy.

Now imagine the other side of the story where Satoshi was actually Epstein who during his free time on the island worked on it.  Now Bitcoin has a pedophile inventor and even if it really is a genius idea, people will run away as it quickly gains the 'Epstein' reputation.  See how even a simple rumor affected how some people see it.

How do you see this as having any benefit to Bitcoin?  Either Bitcoin suffers or the person or group who invented it.  In both cases, it is not worth it.

[Jegileman]

Thoughts on this. In order to have Bitcoin achieve better credibility to be used more mainstream as a world money system,
Do you think it is important to find the final answer on who Satoshi is actually or was?

His hidden identity is what made the word decentralized completes its meaning and functions as far as the bitcoin ecosystem is concerned. Knowing Satoshi is like tempering with decentralization and moving to a centralized system which is not what we want.

Would this bring more confidence to majority of the population in order to want to use BTC as the mainstream money system?

It will only sabotage the effort of Satoshi more if ever he reveals himself. Mainstream money system use will happen gradually, this is not something that will happen overnight.

Do you think if we find out the identity of Satoshi that it would increase value? or would it decrease?

why or why not?

I think if he’s find out, then maybe the downfall or obstruction of normal functioning of bitcoin will begin to be felt. Himself may not have the total control but knowing him only can cause a lot of problems in the normal functioning of the bitcoin network, most especially in terms of price. He’s better off not known for bitcoin to continue to excel gradually like we’re experiencing now.

[ColdLava40]

why or why not?

It's easy to imagine what will happen when Satoshi is finally revealed.

One thing that comes to my mind is just not an increase in value of Bitcoin but an increase in the fear index. What do you think the government will do when they finally have Satoshi at hand?

If course they will not hesitate to try what they haven't been able to do years ago. Though even Satoshi cannot make changes to Bitcoin without the community agreeing to any. But think of it as something that Satoshi never wanted to happen that's why he left.

[lionheart78]

Thoughts on this. In order to have Bitcoin achieve better credibility to be used more mainstream as a world money system,
Do you think it is important to find the final answer on who Satoshi is actually or was?

Looking at Bitcoin history, Bitcoin proliferate not because Satoshi is known, it became popular because of the Bitcoin feature itself, having a trustless system makes it more trustworthy, aside from that the security and permissionless access makes it easier to access without having to worry about the security of the transactions.

So, I do not think that there is a need to know the real Satoshi for Bitcoin to be used in mainstream transactions.

Would this bring more confidence to majority of the population in order to want to use BTC as the mainstream money system?

No, because Bitcoin had been thriving even without knowing the real person behind the invention.

Do you think if we find out the identity of Satoshi that it would increase value? or would it decrease?

No, finding the identity of Satoshi will just be an historical event, I do not think it will affect the market except if some group or person intends to do some of their propaganda during this event.

[macson]

In order to have Bitcoin achieve better credibility to be used more mainstream as a world money system,
Do you think it is important to find the final answer on who Satoshi is actually or was?

No. Bitcoin has done very well so far without any interference from Satoshi. So his absence is actually a good thing for Bitcoin.

There's no need to try to find out who Satoshi is anymore. He's gone, and Bitcoin is now in the hands of the developers and the community. That's what matters most.

[GeorgeJohn]

Do you think it is important to find the final answer on who Satoshi is actually or was?

This kind of question has been treated here so many times, and i don't think that it deserves attention..before you asked this question you would have a search button to cross if other people who are in the forum have created a similar thread....Even though you found out who satoshi is now, many people will not believe you, because few years back many people were curious to know who is satoshi , and the answer wasn't available, knowing and not knowing satoshi, it will not stop the awareness bitcoin has created without knowing satoshi...

[Alvin_talk]

Do you think if we find out the identity of Satoshi that it would increase value?

No, I believe that will be the dooms day for bitcoin. If  the identity of Satoshi was unmasked today, then Bitcoin will eventually be forced into becoming a centralised financial system by the government. Remember that most or all government are against the idea of decentralisation because they try by all means to protect their fraudulent schemes, so if Satoshi is known, he/she might be forced to act according to the government bidding.

Another thing, imagine if Satoshi’s identity is revealed and it is discovered that he is from China, do you think America and its allies will be investing in such project? Ofcourse No. And do you think if he/she is from America, China and its allies will invest? Same answer, No. Generally, knowing the true identity will do bitcoin more harm than good IMO.

[Cookdata]

Thoughts on this. In order to have Bitcoin achieve better credibility to be used more mainstream as a world money system,
Do you think it is important to find the final answer on who Satoshi is actually or was?
Would this bring more confidence to majority of the population in order to want to use BTC as the mainstream money system?

Do you think if we find out the identity of Satoshi that it would increase value? or would it decrease?

why or why not?

It never matter before and it wouldn't matter even now. Why do you even need the face of Satoshi in the first place. The way you asked this question in the forum and people gave you answer, does it make sense to ask for their image? I don't think so. If Satoshi have appearance through a pseudonym in any platform, it doesn't change anything. He has done his part to introduced you to Bitcoin, what you need is Bitcoin, his appearance is the least thing you need.

Why do you even need a face to convince people to buy Bitcoin, the famous people with projects that took money from investors? Did everyone invested in them? There nothing needed to convince people to buy Bitcoin. Satoshi himself said it that it you don't believe him then he does not have time to convince you. Come to think of it, I'm not sure if it's going to happen but if Satoshi should come back, it doesn't change anything about Bitcoin because Bitcoin is not Satoshi, it's now the community.

[PrivacyG]

No, I believe that will be the dooms day for bitcoin. If  the identity of Satoshi was unmasked today, then Bitcoin will eventually be forced into becoming a centralised financial system by the government. Remember that most or all government are against the idea of decentralisation because they try by all means to protect their fraudulent schemes, so if Satoshi is known, he/she might be forced to act according to the government bidding.

I would really like to know how in your opinion Satoshi can be 'tied down' by a Government and forced to make Bitcoin centralized.  Satoshi coming back and proposing a centralization of Bitcoin would only work against his favors.  It is not like he is the God of Bitcoin who can snap a finger and change it.  As of now.  The only way he can influence Bitcoin is by proposing and the rest of the community accepting and adopting that proposal.

[rbynxx]

Thoughts on this. In order to have Bitcoin achieve better credibility to be used more mainstream as a world money system,
Do you think it is important to find the final answer on who Satoshi is actually or was?
Would this bring more confidence to majority of the population in order to want to use BTC as the mainstream money system?

Do you think if we find out the identity of Satoshi that it would increase value? or would it decrease?

why or why not?

I think revelation on who Satoshi is will just create some chaos, besides, it works without the identity and the people trusted Bitcoin because of the code that use to run in it and still updated by the developers, some changes need node operators or miners. That level is way trustable than having Satoshi known in the public eye. It could bring confidence if the person/s is respected in its field but to be honest that's not needed in this era, let it run like this without revealing Satoshi.

[Alvin_talk]

I would really like to know how in your opinion Satoshi can be 'tied down' by a Government and forced to make Bitcoin centralized.  Satoshi coming back and proposing a centralization of Bitcoin would only work against his favors.  It is not like he is the God of Bitcoin who can snap a finger and change it.  As of now.  The only way he can influence Bitcoin is by proposing and the rest of the community accepting and adopting that proposal.

Look at it from this perspective, Satoshi is a very influential name amongst the Bitcoin community as the creator and many even view him as a demy god. I know he can not change the bitcoin protocol all by himself but with his influence, other developers and community at large are likely to support his decision. This is somewhat similar to how some developers are following the lead of Luke jnr  and supporting him blindly in his crippled and centralised BIP 110 proposal because of his past glories.

Ofcourse we know governments play dirty games and so long as you are against their motives, they look for every means possible to buy you in or eliminate you. Lets say Satoshi compromises due to the  pressure subjected on him by the government, he could bring up a proposal that disguises its true nature just like BIP 110 just to meet the bid of the government and he will likely pull more developers and miners to his side because of his influence. In this sense, I think Bitcoin originality and protocol can be centralised in a way, I stand to be corrected though.

[Alphakilo]

Thoughts on this. In order to have Bitcoin achieve better credibility to be used more mainstream as a world money system,
Do you think it is important to find the final answer on who Satoshi is actually or was?
Would this bring more confidence to majority of the population in order to want to use BTC as the mainstream money system?

Do you think if we find out the identity of Satoshi that it would increase value? or would it decrease?

why or why not?

If Satoshi were to appear today, an sure he would be arrested on the spot and those questions you want him to answer for you would come in form of lawsuits that he may be overwhelmed by.
For now though, his identity is safe and that's why Bitcoin is safe and evolving even if it is slightly different from the original white paper intent, it is still on the Blockchain and maintains the proof of work consensus that makes it valuable.

[Slow death]

Living people are findable, no matter how skilled someone is at concealing their identity, the authorities always find a way to locate them. So it's time to start thinking that the guy probably died shortly after creating Bitcoin. If he were really alive, his identity and whereabouts would have already been revealed, and he would have used the coins he possesses. It wouldn't make much sense for him to hide nowadays, since the technology is widely accepted and people wouldn't care much about what he was doing with his life. The market is already very large, and he wouldn't change that.

[bitbollo]

As human beings, we are (more or less) all curious to know more about this name and who/what there is behind
as mentioned in the past, even a signed message couldn't be enough to claim the identity on line.
you will never know who is Satoshi unless he/she/they would prove with an extra effort.
any effort that I have seen in the past has just been delusional.
even if he would be in any case "the loudest voice" in this space, you cannot trust a decentralized protocol otherwise if we still to rely on the same entity that creates it.

[tbct_mt2]

Do you think if we find out the identity of Satoshi that it would increase value? or would it decrease?

why or why not?

Bitcoin is a decentralized project from its code (open source), developments (decentralized Bitcoin developers as well as any protocol upgrade needs a community consensus), network (in hashrate distribution and Bitcoin node distribution), no censorship and with all these things, I really don't see any mandatory need of finding and knowing identify of the founder, Satoshi Nakamoto.

What people need is reading the Bitcoin white paper, educational resources about Bitcoin, and Satoshi's lesson.
Satoshi's lesson.
Bitcoin information & resources.
Learnmeabitcoin.com
Getting started with Bitcoin.

[TastyChillySauce00]

Thoughts on this. In order to have Bitcoin achieve better credibility to be used more mainstream as a world money system

This logic is flawed in my honest opinion, bitcoin can get this far because it's decentralized and knowing who Satoshi is will bring more problem than benefit and Satoshi staying anonymous means he wants it that way. As the saying goes, don't fix something that isn't broken and bitcoin is already running on its own very well and being accepted to wide scale of audiences.

I also hardly find it believable to say if Satoshi was known, bitcoin could achieve better credibility. The fact that bitcoin is decentralized is already the best credibility there is compared to centralized alternative even if the inventor real identity wasn't known mainly because bitcoin runs autonomously.