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Author Topic: What if Satoshi builds a bitcoin exchange and a hard wallet? Would we be safer?  (Read 369 times)
Churchillvv
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October 12, 2026, 10:40:53 PM
 #41

He have created the asset that revolutionized the financial market forever does not mean that is good in all the areas. A exchange is completely different. Demands management of people, security, technology, informations and taxes. Besides that, he would have to implement KYC, something that goes against the decentralized nature of which he is adept. Maybe a wallet would stay more in his area, by the knowledge that has in technology. Would be a good wallet? Yes, I would buy a wallet made by the own Satoshi.
Don’t also forget that we have something called DEX decentralized exchanges, so even if he created one it would have taken the nature of decentralization.

Moreover, I love the fact he stop where he did because he didn’t have to do all the jobs himself, created it or started it and let the world do the finishing and make whatever that will be required for much easier access.

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October 12, 2026, 10:41:23 PM
 #42

This is part of the reasons why he said he has moved on to other things so that nobody will start suspecting that he has a hidden agenda for creating bitcoin. If Satoshi had created his own exchange wallet don't you think that people will see it that he intends to do an exit scam in the future? Satoshi wants this bitcoin project to succeed that is why he was anonymous so that it wouldn't raise any suspicion of any kind. I think it's high time we stopped imagining things about Satoshi Nakamoto.
The very existence of intermediary body formed by the creator itself proves contradiction of the principle of decentralization right from the start. The presence of centralization of power over private deposits and transaction infrastructure has quite a possibility of causing doubt regarding the centralized motive behind making profits privately.

By resigning and keeping himself anonymous, the system is saved from the danger of being corrupted by any cult personality. By freeing the protocol from any kind of centralization, it has been ensured that it remains independent for further growth.


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Asuspawer09
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October 12, 2026, 11:58:16 PM
 #43

I mean, all wallets are not going to be 100% safe, so even if Satoshi makes something like a hardware wallet or any wallet it wouldn't going to be a safe wallet that was going to be better than the other crypto wallet.

We could say that I might be better to compared to other wallet because it was built by satoshi but if the user is the one who is going to make some kind of mistake it is just going to be the same thing, we just can't make it better because you are surely going to get drain whatsoever if you are making a lot of mistakes on your security. If the user is the one clicking the wrong link or carelessly giving away his private key then it wasn't like the wallets issue at all.


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famososMuertos
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Today at 12:14:04 AM
 #44

I know you want an analogy that primarily seeks to establish trust, but you don't need a figure like SN to make it feasible. The current situation is critical, but surely SN would tell you to use a cold paper wallet and a hardware wallet as a hot wallet.

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