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

member
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₿itcoin maximalist
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.
sr. member
Activity: 364
Merit: 298
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.
legendary
Activity: 2576
Merit: 1860
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.
sr. member
Activity: 364
Merit: 298
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.

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?
legendary
Activity: 3052
Merit: 1188
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.
sr. member
Activity: 1572
Merit: 267
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.
legendary
Activity: 3248
Merit: 1402
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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.
legendary
Activity: 2576
Merit: 1860
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.
legendary
Activity: 2814
Merit: 1192
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?
sr. member
Activity: 364
Merit: 298
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.

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.
full member
Activity: 434
Merit: 202
Duelbits.com
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.
legendary
Activity: 1820
Merit: 1207

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.

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.

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.
hero member
Activity: 3150
Merit: 937
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?
full member
Activity: 2548
Merit: 217
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
member
Activity: 66
Merit: 5
Eloncoin.org - Mars, here we come!
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.
sr. member
Activity: 1708
Merit: 295
https://bitlist.co
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.
legendary
Activity: 2576
Merit: 1860
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.
sr. member
Activity: 364
Merit: 298
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.

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.
legendary
Activity: 1456
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Use chips.gg
  • 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.

  • 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.
hero member
Activity: 770
Merit: 538
Leading Crypto Sports Betting & Casino Platform

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. 
sr. member
Activity: 644
Merit: 262
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. Just like every other news that have affected bitcoin price , had it been the law suit ruling was in favour of Wright many hodlers of bitcoin today would have sold especially a lot of whales. For it's the anonymity of Satoshi that has been the pillar behind the trust bitcoin holders has on the decentralized network and a change in the status quo will  for real affect bitcoin price value.

2.I heard of bitcoin after a much time forward before knowing about Satoshi and that's when I read about bitcoin white paper. And just like many owners of the traditional banks we have our money's starched there yet don't even know the owners name that's how it all feels for me with my bitcoin investment. So wether satoshi's identify or not it is just the strength of the  bitcoin network to deliver on its decentralization and privacy character am mostly concerned about.

3. So long as bitcoin keep existing and growing Satoshi will continually become a concern to not just the bitcoin community  alone but to the government to sees bitcoin as a threat to their financial regulatory powers.
sr. member
Activity: 588
Merit: 338

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?


Craig Wright, is just looking for cheap popularity, atleast if it's not for him impersonating Satoshi Nakamoto, I probably won't have heard about him from a faraway continent in Africa, and as far as I'm concerned whether he wins or loses in the lawsuit, it'll have little or no impact on Bitcoin. I also believe that Bitcoin has probably surpassed what Satoshi, envisioned when he created it, and it's doing just fine without his presence, so Craig Wright, saga won't affect Bitcoin.

As it is today, Satoshi, is better off staying anonymous, and his anonymity signifies the privacy that makes Bitcoin to be decentralized, with all due respect to him, I don't think that his presence can significantly change anything about Bitcoin now.

Satoshi Nakamoto, has become a myth in Bitcoin story, so modern day explorers will keep digging dip to unravel his identity, and I really don't mind it, because it'll make us not to forget the exceptional genius that created this valuable asset that is impacting lives positively.[/list]
donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
Although it is a bit ridiculous to think any of us are anywhere near the importance of satoshi historically, your comment isn't so far off from reality today.  The truth is that satoshi has been dead for around a decade now, so obviously he isn't the one moving forward Bitcoin today.  However, he did create it and his words should act as a guide for the future.  Unfortunately some bad actors got control and wanted to push their own scaling solutions for their own greed and ego, but the community is solving those issues by taking advantage of their loopholes with things like Ordinals.  I have faith we'll get back on the right path again eventually. 
full member
Activity: 952
Merit: 232




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?


No one or government saw BTC or the advent of digital money/cryptocurrencies coming, because what they thought started as a joke is now being investigated on a daily basis, and regulated so as to gain legal acceptance in the broader society.
The idea that was created by the real Satoshi will continue to flourish with it being much a currency of choice for payments across borders and platforms without as high the fees as a normal bank would charge and without nosey management or agencies catching a wind to get a cut. It also offers a good store of value and could be to some as a good hedge against inflation.

Fortunately Satoshi being alive or not does not stop the existence of BTC because it is a process already set in motion till it gets to 21million BTC. Fake Satoshi or not, BTC already has dedicated investors that have a better understanding of how to trade and make profits and know that the system already functional as it is,  will continue to innovate to meet the demands of the future advancement in science, technology and economics.
legendary
Activity: 1050
Merit: 1100
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?

i. Although the lawsuit was important to silence this impersonator it will not affect the price of Bitcoin. The Bitcoin system is decentralized making it very difficult for anyone to claim leadership. He might only be able to claim authorship of the Bitcoin Whitepaper which might make him claim it as his intellectual property. Currently, even Satoshi might not be able to control the Bitcoin ecosystem.

ii. Somebody said Bitcoin is the greatest gift Satoshi gave to humanity and the second wonderful gift is his disappearance. The Bitcoin system can run independently without any OG or creator because it is designed to last forever. Therefore, I don't care about the identity of Satoshi because the system is reliable and transparent making me to have confidence in it.

iii. The search for Satoshi will never come to an end.  Just like the study of science people will always try to seek for the unknown. I even suspect that more Faketoshis like Craig Wright might reappear in the future.
full member
Activity: 420
Merit: 120
1. Faketoshi already lost the case, Judge James Mellor already said that Wright isn't Satoshi and we hope it brings an end to all of this drama, though with the kind of person that Faketoshi is, this is unlikely. COPA also wants to put an end to the incessant suing and harassment of BTC developers and crypto institutions by Wright, they also want to find out if Faketoshi is guilty for perjury in all of this. I don't think this verdict will have any effect on the value of BTC, bitcoiners already know what a conman Faketoshi is.
There might be more Faketoshi people in future but by looking at Craig Wright and COPA, they will know that there are many people in Bitcoin community are ready to stand up and contribute to fight against Faketoshi.

Chances for new Faketoshi people to succeed will be smaller and their chances to successfully make noise and uncertainty like Craig Wright will be smaller too.

This COPA is a good milestone for Bitcoin community, not bad.
hero member
Activity: 994
Merit: 1089
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. Faketoshi already lost the case, Judge James Mellor already said that Wright isn't Satoshi and we hope it brings an end to all of this drama, though with the kind of person that Faketoshi is, this is unlikely. COPA also wants to put an end to the incessant suing and harassment of BTC developers and crypto institutions by Wright, they also want to find out if Faketoshi is guilty for perjury in all of this. I don't think this verdict will have any effect on the value of BTC, bitcoiners already know what a conman Faketoshi is.

2. No!

3. In my honest opinion, i think people need to stop looking into who Satoshi is, if Satoshi never wanted to remain anonymous, they would have revealed their identity to the community. Satoshi never wanted their identity to be known, so i think every true bitcoiner should respect that and stop looking to unravel anything.
legendary
Activity: 3472
Merit: 10611
BSV is a token built on a foundation of false promises.
You are using the term "token" wrong in all your topics.
Although the definition between a token and a coin is sometimes blurred in the community but we should try to be precise. BSV is a coin not a token, even though it is a shitcoin but it still a coin.
Tokens are referred to the things built inside a token creation platform and depend on that platform like anything built inside ethereum network.

Quote
  • Will the outcome of the lawsuit involving Faketoshi Craig Wright affect the value of BTC?
A centralized authority making any statement about any aspect of Bitcoin should never matte at all and should never have any significant effect on Bitcoin or its value (or even its price). Least of which is courts, since the legal system in a lot of countries can easily be manipulated. We already have the case in UK against the owner of bitcoin.org where the system was manipulated by the scammer known as Craig Wright and court ruled in favor of the scammer.

Quote
  • Does Satoshi's true identity matter to your BTC investment?
  • When will the community stop searching for Satoshi's identity?
I haven't acquired Bitcoin because of Satoshi, I did it because I liked this open source decentralized money that nobody including Satoshi can control.
The community, or rather the media, will always use the identity of Satoshi as story to run with. That's just cool to read and nothing more.
hero member
Activity: 2044
Merit: 784
Leading Crypto Sports Betting & Casino Platform
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.
It actually places the focus in Bitcoin itself, and not on individuals involved in the process, being them the creator or the adopters, although every elements on this equation are equally important for Bitcoin's success. There isn't someone more important than another. Bitcoin wouldn't exist without its creator, and adoption wouldn't exist without Bitcoin. We are all interconnected. The point is that Satoshi helps its creation thriving by remaining anonymous.

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?
Maybe some short term speculation is possible, but nothing significant on long run.

  • Does Satoshi's true identity matter to your BTC investment?
Yes, the real identity of Satoshi would have a heavy impact over Bitcoin's price, therefore affecting my personal investments. So, it does matter for me.

  • When will the community stop searching for Satoshi's identity?
There will be always people seeking for Satoshi's real identity. Misteries and charades have always fascinated human beings, so that is a subject that never stops being hyped. Even though it's dangerous for crypto adopters to find out who Satoshi really is, due to affecting the value of their personal investments, it seems they are still up to take the risks of doing so, just for a matter of curiosity.

It's like the Biblical story of Lot's wife who couldn't resist looking back the destruction Sodom's city, and was turned into a pillar of salt as consequence. People keep doing things which will prejudice them, even aware they shouldn't be doing that...
legendary
Activity: 3948
Merit: 3191
Leave no FUD unchallenged
Removing sentimentality and historical importance from the equation, network effects dictate that the more users a network has, the more useful it becomes.  Inactive users are no longer providing any utility.  So in a way, yes.  Today's users are the ones contributing to the overall utility of the network and are therefore more important to Bitcoin's longevity.  Whoever satoshi was, or wasn't, is largely inconsequential.  Bitcoin belongs to the people now (as I suspect was always the intention).
sr. member
Activity: 1736
Merit: 306
Without us, the Bitcoin that Satoshi created wouldn't have reached success. But without Satoshi, there wouldn't have been a Bitcoin that we are
all supporting right now. So in this sense I think we are all equally important Satoshi and us.

I think it's just a play of perspectives, but in general we can't really say we are more important than Satoshi. In the same sense that we can't also say that Satoshi is more important than us. As far as Bitcoin is concerned Satoshi and Bitcoin's supporters are all equally important.

Interesting,it all a matter of collective efforts from both parties like you've clearly mentioned it here.We both have roles to play,and so far,we've literally deposited so much support,attention and interest for bitcoin.

In one way or the other,we're seemingly meeting up to the standards and level of importance that satoshi has worked for all these years and I don't think anyone would want to disembark from attaining or achieving more from bitcoin.On behalf of bitcoin,let's all increase the support and forge ahead for more successes with bitcoin.

Its indeed worth the time,effort,stress and energy.
legendary
Activity: 3024
Merit: 2148

Bitcoin's value isn't tied to its creator, but rather to its robust features: a massive, decentralized network (over 50,000 nodes strong!), a highly secure proof-of-work protocol, freedom from financial institutions, and broad popularity among internet users. As long as these advantages persist, Bitcoin will remain valuable.


This is true as long as status quo remains - Satoshi is inactive and his coins are considered as lost. If that would change then suddenly Bitcoin's price would be very dependent on the Satoshi factor. It doesn't even matter if it fundamentally changes nothing, because the price is driven by speculators who look for the slightest reason to make a move.
sr. member
Activity: 1680
Merit: 288
Eloncoin.org - Mars, here we come!
1. IDK
2. No, it doesn’t. And I don’t think it should matter because Bitcoin isn’t about the creator but the creation. We don’t know if Satoshi is dead or alive but Bitcoin still lives on despite their whereabouts. But this doesn’t mean that his reappearance will not impact Bitcoin. If he comes back to claim it, it could cause price increase. But imagine he comes back in a negative way or the government taints his image, the market will likely move along.
3. Never. People won’t stop looking to know who they are/were. But maybe that’s the storyline and we should just accept it.
sr. member
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And what if the court rules in Wright's favor? Will it affect how we hold, use, or trade Bitcoin? The answer remains the same: No.

It would not affect the Bitcoin network, but it would be noticeably damaging.  Suing the Bitcoin Core developers and censoring places like bitcoin.org, or even taking control of it would give value to his shitcoin by manipulating newbies.  The experienced of us know that he is one big scam, but if the court said that he is satoshi then things could go seriously bad.
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The aim and objective of Bitcoin, it's not to supersede order currencies but what is meant for is to help for buying and the selling goods and services and the people that is making use of it right away, is us not a satoshi nakamoto and his objective to create a bitcoin technology is for make something to be easier for us in terms of a change of goods and services across intercontinental countries, is satoshi did not introduce bitcoin because she want to benefit from it but it is a worldwide profit
legendary
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I agree with you in a way. It's really not that important who Satoshi was and I hope we'll never find out, mainly for his sake. I wouldn't want to see the man interrogated by CIA or extorted...
Even worse, they could make a pedophile or a rapist out of him, which is getting very common in the recent years with the me too movement and all that shit.
IMO bitcoin is doing much better with an anonymous founder that it would do with a well known one.


We are important because without us? bitcoin will never reach this top so in all?

What did I just read? Cheesy
Are you on something?
sr. member
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  • 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. How possible is it? Who knows Faketoshi to be the brain behind bitcoin? Since his name doesn't ring a bell in people's ears when bitcoin is called, neither he win nor lose the lawsuit against him, it won't in any way affect the price of bitcoin since he lacks credible proof of signing a message with Satoshi bitcoin address.
2. It doesn't since we can trade our Bitcoin anonymously without knowing anyone's true identity. Everyone is accumulating bitcoin the way they can and not focusing on other people's identity because that doesn't matter in the pursuit of financial freedom.
3. Any community or group of people searching for Satoshi is just wasting their time and resources to do that. Satoshi is an anonymous being, anonymous will he continue to be.
hero member
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I'd add we're important than Satoshi because the future of Bitcoin are in our hands.

If we, as a Bitcoin holder let our coins moved to centralized exchanges, ETFs or any centralized entity, Bitcoin will be less decentralized since most of the coins are recorded with KYC. Imagine if 99% Bitcoins are linked to centralization, the government will know which person send the coins to which person and so on.
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Eloncoin.org - Mars, here we come!

    • Does Satoshi's true identity matter to your BTC investment?
    • When will the community stop searching for Satoshi's identity?

    Personally, it doesn’t matter to me. No matter how fascinating it might be, I don’t need to know satoshi’s real identity in order to appreciate the value of bitcoin. For some, however, they might feel as though they could trust bitcoin more when there is someone they can point their fingers to. If something goes the wrong turn, they can blame satoshi. Maybe having a real person behind all of it makes them feel that bitcoin is indeed real.

    I don’t think there will be a time where the community doesn’t keep looking for satoshi. He has created something so great and helpful that his identity will remain an amusement to others.
    full member
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    Heres what I think. The outcome of Craig Wright's lawsuit might cause a stir in the short run, possibly shaking up Bitcoin's value a bit. But in the grand scheme, Bitcoin's worth is more about its tech and how many folks are using it, not who created it. While knowing Satoshi's true identity is intriguing, it won't change much for my BTC investments. As for when the community will stop the hunt for Satoshi? Hard to say, but as Bitcoin's practical use grows, the fascination might taper off over time
    legendary
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    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. I think not, because this lawsuit (and the outcome of it) was an insignificant factor influencing the current price of bitcoin.
    2. It doesn't matter at all. I would say that I feel the opposite effect - while Satoshi is not there and nothing is known about him, I believe in the future (decentralization and freedom) of the project.
    3. Never. It's like a riddle that you want to solve and doesn't give you peace.

    Satoshi fulfilled his role and retired. Now each of the bitcoin users is a key figure (not individually, as a peer, but as part of a set of peers and a link in the chain of decentralization). If Satoshi is left in the past, then the future is in us (BTC-users).
     
    hero member
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    We know Craig have always being putting up a show, and many of us already know that he was going to lose the court case even though he put up all manner of show and tried to manipulate the Justment in so many ways but at the end he lost the case, Satoshi was trying to avoid such controversy of over control of the project that is why he chose to remain anonymous to protect the secrecy and freedom of Bitcoin in the long run.
    Anyways Craig should have been slammed a big fine to pay for trying to mislead the public by claiming to be Satoshi whereas he is far from being Bitcoin Creator and even going as far as appearing in Court, I think also that Satoshi knows better that there is going to be a lot of crisis of identity where many bad actors we attempt to take the project from him and at the end killing the project because of their gred and love for control will undermine Bitcoin, but at this point, Bitcoin is free from all form of attempt manipulation now that Craig case hoce been completely strick out of the court.
    hero member
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    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?

    References:
    [1] UK court rules Craig Wright not Nakamoto, ending long-standing drama
    [2] Satoshi’s Vision down 17% against Bitcoin after Craig Wright verdict
    [3] Satoshi - Sirius emails 2009-2011

    1. I think no, we've seen the evidence to date. Moreover, look today, many crypto users have understood what they think is true and Craig Wright is just seizing the moment for his benefit.
    2. Never. The Bitcoin community is becoming more important than fraudsters.
    3. Maybe if Satoshi showed up, with strong and true evidence. But I don't think Satoshi will ever appear at any time. But as far as I know Bitcoin, I am not curious about who it is and where. I have been very grateful for the technology, let him remain Anonymous.
    legendary
    Activity: 2506
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    • 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. If there is manipulation, yes, some will use this issue. If all nature, then no.
    2. For me now, Satoshi Nakamoto created Bitcoin to not be controlled by anyone not even the government.
    3. For me it will never stop, because it is by nature to study the core of every thing especially Bitcoin, it is already in history and will always be learned by someone. Because if you want to invest in some thing, then for sure you need first to identify the history of it.
    sr. member
    Activity: 2618
    Merit: 439
    Is  it really need to distinguish or compare people from satoshi nakamoto?


    Satoshi only created Bitcoin to help the world against the government about Financial freedom so this sounds not good to make this an issue.

    Satoshi is More Important because without His Creation there will never be Bitcoin that we are treasuring now.

    We are important because without us? bitcoin will never reach this top so in all? both are important the Users and the creator.
    sr. member
    Activity: 2380
    Merit: 366
    Without us, the Bitcoin that Satoshi created wouldn't have reached success. But without Satoshi, there wouldn't have been a Bitcoin that we are
    all supporting right now. So in this sense I think we are all equally important Satoshi and us.

    I think it's just a play of perspectives, but in general we can't really say we are more important than Satoshi. In the same sense that we can't also say that Satoshi is more important than us. As far as Bitcoin is concerned Satoshi and Bitcoin's supporters are all equally important.
    legendary
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    I saw the title and I thought it was going to be the typical stupid thread that we usually see in this section, but it is not bad. I would qualify that today we are the important ones, and not Satoshi, but from the historical point of view we owe the Bitcoin to him and in that sense he is the most important, not only for having created and launched the Bitcoin for all mankind, but for getting out of the way.
    member
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    ₿itcoin maximalist
    Despite Bitcoin's global popularity, the creator behind the pseudonym Satoshi Nakamoto remains shrouded in secrecy. Many have been captivated by this ongoing mystery. One individual, Australian computer scientist Craig Wright, has repeatedly claimed to be Satoshi Nakamoto since 2016. However, these claims have lacked any substantial evidence. In a recent lawsuit brought by the Crypto Open Patent Alliance (COPA) against Wright, a judge ultimately ruled that Wright failed to present any credible proof to support his assertions [1].

    The court ruling aimed to resolve the controversy between the Bitcoin community and Craig Wright. Following the ruling, the price of Bitcoin Satoshi Vision (BSV) fell by 17% [2]. Some argue this drop reflects a belief that Satoshi Nakamoto, the creator of Bitcoin, envisioned a greater future for the Bitcoin than what the Bitcoin whitepaper outlines. This view is supported by recently revealed emails between Satoshi and Sirius [3]. BSV is a token built on a foundation of false promises.

    There's another point to consider. Craig Wright's claims of being Satoshi Nakamoto have been around for a few years now. Has this impacted Bitcoin's value? No. And what if the court rules in Wright's favor? Will it affect how we hold, use, or trade Bitcoin? The answer remains the same: No.

    As a huge Bitcoin enthusiast and admirer of Satoshi Nakamoto, I firmly believe Satoshi deserves anonymity. It's clear Satoshi intended this to safeguard Bitcoin's decentralized nature. Craig Wright's constant efforts to prove his identity go against this core principle. True potential Satoshi candidates like Dorian Nakamoto, Hal Finney, and Nick Szabo have consistently denied the claims, while those seeking notoriety resort to such impersonations.

    Bitcoin's value isn't tied to its creator, but rather to its robust features: a massive, decentralized network (over 50,000 nodes strong!), a highly secure proof-of-work protocol, freedom from financial institutions, and broad popularity among internet users. As long as these advantages persist, Bitcoin will remain valuable.

    Think about it -  we use Google without knowing its founders, smartphones without knowing their inventors, and electricity without remembering its pioneer. These technologies thrived because they addressed real needs, not because of a single person. Bitcoin is no different. 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?

    References:
    [1] UK court rules Craig Wright not Nakamoto, ending long-standing drama
    [2] Satoshi’s Vision down 17% against Bitcoin after Craig Wright verdict
    [3] Satoshi - Sirius emails 2009-2011
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