All of us are more important to Bitcoin than Satoshi!

Vincom

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Quote from: kryptqnick on March 21, 2024, 10:30:50 AM

I've missed the news that the ruling on whether Craig Wright is Satoshi was already made, so I thank op for bringing that to attention. Of course, I never believed that Wright was Satoshi, but the burden of proof was on COPA's side this time, so I was a bit worried about them.
I agree with the op that Satoshi deserves anonymity, and it's great that Craig won't be able to hinder Bitcoin development in the future by claiming that it's his creation, and he's the one who gets a get where it should be going.

I believe that even if Craig Wright is declared to be Satoshi, the Bitcoin community will not believe it is true until he has sufficient evidence related to the Bitcoin WhitePaper or ownership of the Genesis address. In other words, Craig Wright does not have enough credibility to make the community believe his claims. If he is capable enough, he should contribute to the development of Bitcoin instead of engaging in lawsuits that have no benefit to BTC. BSV is a joke of this market, I am surprised that it still exists and people are still trading BSV.

Anyway, we are still using Bitcoin every day, we are contributing to maintaining the liquidity and value of BTC in the financial revolution that Satoshi started, which is more important than all the lawsuits related to Satoshi's identity.

Medusah

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Quote from: Darker45 on March 23, 2024, 01:59:13 AM

Silk Road is not an online drug store. It is a free marketplace. As in free. And because it's a free marketplace, anything could be sold and bought. That may include illegal drugs.

And the pirate bay isn't an illegal site of pirated movies, games and music. It is "an online index of digital content of entertainment media and software". And anything may be indexed, including pirated movies, games and music. Be that as it may, that does not cruel it is lawfully not related with pirated content, since it permits it.

I agree that access to such sites should not be prohibited, but there is indeed a reason their operators are arrested. Their operation is illegal.

Darker45

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Quote from: Medusah on March 22, 2024, 06:02:31 PM

Quote from: Darker45 on March 20, 2024, 06:24:25 PM

Ross Ulbricht, Arthur Hayes, Alexey Pertsev, for example, were arrested in the US and the Netherlands, countries that are in the top as far as the quality of democracy is concerned.

I am not aware of Arthur and Alexey, but Ross Ulbricht was running Silk Road, an online drug store. That is just illegal. Where is the problem?

Silk Road is not an online drug store. It is a free marketplace. As in free. And because it's a free marketplace, anything could be sold and bought. That may include illegal drugs.

Bitcoin is a free money as well. And because it is a free money, nobody can control how you use it. You could use it to buy legal and illegal goods and services. Surely, it shouldn't be stopped simply because some crooks are using it for the wrong reasons, just as fiat isn't stopped because it is used in all kinds of evil things.

Medusah

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Quote from: coolcoinz on March 20, 2024, 01:56:07 PM

That's right. Satoshi won the lottery here. I bet he had some other bitcoin than the ones we all know about and if alive isn't poor or troubled by the existence of the genesis block coins.

There are thousands of bitcoins from 2009 and 2010 which may well be his. We don't know which are his, let alone which aren't. Satoshi having 1M coins is just one big speculation.

Quote from: Darker45 on March 20, 2024, 06:24:25 PM

Ross Ulbricht, Arthur Hayes, Alexey Pertsev, for example, were arrested in the US and the Netherlands, countries that are in the top as far as the quality of democracy is concerned.

I am not aware of Arthur and Alexey, but Ross Ulbricht was running Silk Road, an online drug store. That is just illegal. Where is the problem?

beerlover

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Quote from: Zigabel on March 20, 2024, 07:03:12 AM

It's a normal occurrence when have seen around the world with people trying to claim identify for great innovations such as this probably to get credits and fame aswell so all these around the main identity of statoshi isn't new especially with the fact that he's been anonymous, it will further be a reason why they would want to claim his identity and going to court to justify that actually looks extreme to me because what if the actual person comes up and proves beyond reasonable doubt he's identity, the impostor will definitely have to face a jail term.

The price of Bitcoin so far has been thriving so we'll regardless of the identity of the creator been made known or not but of at all it's going to be affected it will be that there's a different approach he would have wanted that hasn't been effected, that way bringing such to the knowledge of other users nd the rest will definitely help probably add to the value or usability of Bitcoin.

I feel like the most important thing is that satoshi realized that his existence is not helping and actually hurting us, and that is why he removed himself from the calculation right away when he realized it was going higher. I think it was 2014 or something last we heard of him, when he said he wasn't a person the people thought he was, just said "I am not him" or something like that, and that's it, that's all he did.

I think it is quite important to remember that since he left, we took it higher and higher, he never touched a dime he had. This allowed bitcoin to be a lot bigger and we should be considering this as one of the most helpful things he could have done. Imagine if he existed, that would have been a lot worse.

Easteregg69

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Ï think. If you don't die. You can always come back and spend your bitcoins.

Fact I am around tells a lot. Next big think is you reposition on the stand of the meaning of "immutable".

Cheers.

kryptqnick

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I've missed the news that the ruling on whether Craig Wright is Satoshi was already made, so I thank op for bringing that to attention. Of course, I never believed that Wright was Satoshi, but the burden of proof was on COPA's side this time, so I was a bit worried about them.
I agree with the op that Satoshi deserves anonymity, and it's great that Craig won't be able to hinder Bitcoin development in the future by claiming that it's his creation, and he's the one who gets a get where it should be going.

Darker45

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Quote from: Medusah on March 20, 2024, 10:03:31 AM

Quote from: Darker45 on March 19, 2024, 07:02:14 PM

More often than not, the government reacts in an exaggerated manner. Being unreasonable isn't surprising as to how they conduct themselves. In the relatively short history of crypto, we've already seen a number of arrests. Somebody who made a free marketplace was arrested.

I can envision authoritarian regimes behaving irrationally against him. His attacks on their financial system might possibly result in the death sentence being applied to him. Just one more defense of his obscurity.

You don't have to envision or imagine of an authoritarian regime for unreasonable actions to be committed by the government itself. Ross Ulbricht, Arthur Hayes, Alexey Pertsev, for example, were arrested in the US and the Netherlands, countries that are in the top as far as the quality of democracy is concerned. These are countries where freedom is supposed to be enjoyed, promoted, and protected. But look what they do to innovators.

So I don't dismiss the possibility that Satoshi would have also been arrested if identified. Or, as governments often impose death sentence to anybody outside the courts of law, it is also a possibility, albeit remote, that Satoshi has already been identified and punished accordingly.

coolcoinz

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Quote from: Medusah on March 20, 2024, 10:03:31 AM

Being infamous and rich is preferable to being famous and rich; by the way, we are talking about billions of dollars in cash here, not just a few million dollars sitting in the stock market. Instead, just live a calm, debt-free life without considering anything like that.

That's right. Satoshi won the lottery here. I bet he had some other bitcoin than the ones we all know about and if alive isn't poor or troubled by the existence of the genesis block coins.

Why did he won the lottery? Because successful entrepreneurs are always public people. They run companies, issue stocks, invent things, but Satoshi was anonymous and despite global success of his invention remained this way.

He had a one in a million chance and won money and success without losing freedom. Why would we want to destroy that? Why would he?

Medusah

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Quote from: Darker45 on March 19, 2024, 07:02:14 PM

More often than not, the government reacts in an exaggerated manner. Being unreasonable isn't surprising as to how they conduct themselves. In the relatively short history of crypto, we've already seen a number of arrests. Somebody who made a free marketplace was arrested.

I can envision authoritarian regimes behaving irrationally against him. His attacks on their financial system might possibly result in the death sentence being applied to him. Just one more defense of his obscurity.

Quote from: Jawhead999 on March 20, 2024, 02:04:32 AM

He can built a very private house, hire many body guards, install many CCTVs, own self guard and any other thing that can strengthen his security, just like other billionaires.

Being infamous and rich is preferable to being famous and rich; by the way, we are talking about billions of dollars in cash here, not just a few million dollars sitting in the stock market. Instead, just live a calm, debt-free life without considering anything like that.

Zigabel

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It's a normal occurrence when have seen around the world with people trying to claim identify for great innovations such as this probably to get credits and fame aswell so all these around the main identity of statoshi isn't new especially with the fact that he's been anonymous, it will further be a reason why they would want to claim his identity and going to court to justify that actually looks extreme to me because what if the actual person comes up and proves beyond reasonable doubt he's identity, the impostor will definitely have to face a jail term.

The price of Bitcoin so far has been thriving so we'll regardless of the identity of the creator been made known or not but of at all it's going to be affected it will be that there's a different approach he would have wanted that hasn't been effected, that way bringing such to the knowledge of other users nd the rest will definitely help probably add to the value or usability of Bitcoin.

Jawhead999

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Quote from: Medusah on March 19, 2024, 06:32:59 PM

Even if he had not mined more than a couple of thousands of bitcoins, he would be the number one target for $5 wrench attacks. Nobody would believe him if he told he owned no bitcoins.

He can built a very private house, hire many body guards, install many CCTVs, own self guard and any other thing that can strengthen his security, just like other billionaires.

Quote from: Darker45 on March 19, 2024, 07:02:14 PM

Satoshi could have easily been accused of developing a currency for criminals and get arrested too.

Yep, even though it's not make sense Satoshi would be in jail, but if someone can be a threat for government, the government will shut him down.

Quote from: kotajikikox on March 20, 2024, 12:26:01 AM

So why do most people still want to get to know satoshi? maybe for tips and tricks maybe some people think he holds the exact times when to buy or sell but I think is that satoshi has no control of the market despite being the one who have made it so for me as much as i would love to have a conversation with satoshi, his identity or rather the lack of it shouldn’t affect my decisions and opinions regarding bitcoin

He able to manipulate the price, just like many stupid people rely their Bitcoin investment in Elon Musk's tweet. Even though we're know Bitcoin is completely decentralized, unfortunately many people choose to follow the popular person.

davis196

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Quote

I'd like to hear your views on this issue:
Will the outcome of the lawsuit involving Faketoshi Craig Wright affect the value of BTC?
Does Satoshi's true identity matter to your BTC investment?
When will the community stop searching for Satoshi's identity?

1.No.
2.No. It doesn't matter.
3.No. The mystery around Satoshi's identity will continue forever(or until someone finds verified info about Satoshi).
We all know that Craig Wright isn't Satoshi, but around 1000 forum threads were made about this subject. Can't we just stop giving free attention to Faketoshi? The Bitcoin community is living it's own life without Satoshi or another "father figure" and that will never change.
However, I kinda disagree with your statement that "all of us are more important than Satoshi". Satoshi is the main creator of Bitcoin. Without him, there wouldn't be any Bitcoin community. Do you really believe that some random guy, who bought 0.01 BTC is more important to Bitcoin than Satoshi himself?

kotajikikox

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satoshi nakamoto is an incredibly important character in the field of crypto

cryptocurrency is such a breakthrough that not knowing who actually created it tends to make investors feel nervous and maybe even a little regretful. From my point of view, satoshi nakamoto disappearing sends a message that the coin is not credible however years after it is still functioning well and thriving even

So why do most people still want to get to know satoshi? maybe for tips and tricks maybe some people think he holds the exact times when to buy or sell but I think is that satoshi has no control of the market despite being the one who have made it so for me as much as i would love to have a conversation with satoshi, his identity or rather the lack of it shouldn’t affect my decisions and opinions regarding bitcoin

Churchillvv

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The concept of this thread almost made me lose interest in reading it, but the truth remains the truth. Perhaps I would agree with op partially, we are very important to bitcoin and satoshi is as important as we the masses. Intact I could say we work Viz vice, which means both satoshi and we the community are equally important, non is higher than the other from my perspective. Without Satoshi there will be no bitcoin, and without the community there will be no bitcoin, they both compliment each other.

1. I don't really know but I at the same time I don't think so, perhaps it might have an effect for some little period but it will definitely not last if it eventually has an effect but I believe that lawsuits has absolutely nothing to do with bitcoin value.

2. Just as you have said, there are lot of things that we use without knowing the real identity behind the invention yet we use and also invest in it, so it's applied to bitcoin as far as bitcoin has lasted for this long I don't really care or should I say it doesn't matter to me not my investment as long as it will yield the expected profit then it's okay by me.

3. It's indefinite, as long as newbies exist there will still be people asking and searching to know who Satoshi is.

bluebit25

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1. IMO, it's just an event that may or may not have a direct/indirect impact on bitcoin.

2. I'm not sure I have the same thoughts, but the way I understand Satoshi, as a representation that includes everything like bitcoin, blockchain, crypto, and us... so it's not so important that it's an object specific object and there is no question that Satoshi's identity affects your investment with bitcoin.

3. Curiosity never ends, people seek it out and realize there are many things they are interested in and are led to as information. And over time, they will have more confidence and will not care much, but the process of accepting new people will continue to bring curiosity.

Darker45

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Quote from: Medusah on March 19, 2024, 06:32:59 PM

Quote from: Dr.Bitcoin_Strange on March 19, 2024, 05:18:22 PM

If Satoshi had not also disappeared and become anonymous, he probably would have been in jail by now for not agreeing with government terms.

Very exaggerated. Why would he be in jail? How would that benefit the government? Satoshi clearly disappeared for the sake of his own privacy (and maybe for the community). Even if he had not mined more than a couple of thousands of bitcoins, he would be the number one target for $5 wrench attacks. Nobody would believe him if he told he owned no bitcoins.

More often than not, the government reacts in an exaggerated manner. Being unreasonable isn't surprising as to how they conduct themselves. In the relatively short history of crypto, we've already seen a number of arrests. Somebody who made a free marketplace was arrested. Somebody who merely wrote codes and made it available for the public was also arrested. Somebody who ran a registered exchange was also arrested. Satoshi could have easily been accused of developing a currency for criminals and get arrested too.

Anyway, I feel embarrassed to claim that we are more important than Satoshi. It might make a little sense, though.

Medusah

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Quote from: Dr.Bitcoin_Strange on March 19, 2024, 05:18:22 PM

If Satoshi had not also disappeared and become anonymous, he probably would have been in jail by now for not agreeing with government terms.

Very exaggerated. Why would he be in jail? How would that benefit the government? Satoshi clearly disappeared for the sake of his own privacy (and maybe for the community). Even if he had not mined more than a couple of thousands of bitcoins, he would be the number one target for $5 wrench attacks. Nobody would believe him if he told he owned no bitcoins.

Quote from: Rruchi man on March 19, 2024, 05:28:33 PM

Maybe there was a time where the identity of Satoshi mattered to me but right now I do not care because I'm more focused on investing than trying to find out the identity of Satoshi. I came to realize that there is a reason why Satoshi has decided to keep his identity a secret and since he decided to keep it a secret there is no need for me bothering myself to uncover that secret when I know that it would not even affect my plans of investing.

Waste of time, really. All the evidence of satoshi is presented years now. We move on and respect his wish to remain anonymous. I just hope he is healthy and reading the Bitcoin forum once in a while.

Rruchi man

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Quote from: Vincom on March 17, 2024, 08:30:43 PM

Does Satoshi's true identity matter to your BTC investment?

Maybe there was a time where the identity of Satoshi mattered to me but right now I do not care because I'm more focused on investing than trying to find out the identity of Satoshi. I came to realize that there is a reason why Satoshi has decided to keep his identity a secret and since he decided to keep it a secret there is no need for me bothering myself to uncover that secret when I know that it would not even affect my plans of investing.

Quote from: Vincom on March 17, 2024, 08:30:43 PM

When will the community stop searching for Satoshi's identity?

Old members have stopped, new members still find the topic of his identity an interest.

Dr.Bitcoin_Strange

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Quote from: Vincom on March 17, 2024, 08:30:43 PM

My belief in BTC's value as a store of wealth stems from its potential, not the identity of Satoshi Nakamoto.

Satoshi's anonymity could be interpreted as an empowering act. It places the focus on us, the users, rather than a single individual. This suggests that Satoshi might view the Bitcoin community, the people who use and promote it, as the true driving force behind the Bitcoin, even more important than the creator.

I'd like to hear your views on this issue:

Will the outcome of the lawsuit involving Faketoshi Craig Wright affect the value of BTC?
Does Satoshi's true identity matter to your BTC investment?
When will the community stop searching for Satoshi's identity?

According to science, there cannot be a cell with a parent cell, and if we relate this to reality and the Bitcoin community, everyone in the community is very important; there should be no segregation of who is more important and who is less important. Without Satoshi's idea, there will be nothing like Bitcoin. If Satoshi had not also disappeared and become anonymous, he probably would have been in jail by now for not agreeing with government terms. Satoshi is very important in the community because his absence and anonymity always remind me (I don't know about others) every day about the importance of privacy, laying low and staying anonymous, and the importance of security.

The Bitcoin technology has formed a network of billions, if not trillions of people who are transacting 24/7 on a daily basis on the Bitcoin network. Miners are also active in confirming and verifying transactions at all times. Investors are also busy buying and selling the fraction they can afford, while traders are also busy in their trading of Bitcoin. Everyone is very important in the Bitcoin network, and from my opinion, I don't think there should be segregation. We are all important.

Topic: All of us are more important to Bitcoin than Satoshi! (Read 430 times)