Topic: Are We Need Satoshi? (Read 766 times)

Even if you say that and others may share the sentiment including me, you and everyone that shared that sentiment can't still help with the fact that there are curious people that wants to uncover the identity behind the legendary Satoshi Nakamoto, as much as we are tired of them and their antics of how to find the identity we just have to bear with their actions as long as it doesn't hurt bitcoin or they hurt any people with their investigation then good for them. Regarding the legal reasons for the uncovering of the identity, I think that even if we stop the online sleuths, there's probably an agency in the government that's doing the same investigation because they want to charge Satoshi or have Satoshi face criminal charges. Those people that claim Satoshi is actually a good thing because that would mean that investigations will be slowed down because they have to confirm this claims and imagine the idea that with all this charlatan claiming to be the founder, Satoshi revealed himself and people would probably dismiss him as someone just claiming to be one.

Satoshi Nakamoto created Bitcoin, initiated Bitcoin blockchain by mining the Genesis block and developed Bitcoin in early months.

Now 14 years after the Bitcoin Genesis Block, Bitcoin is no longer a baby and it can continue its life, survive without Satoshi Nakamoto. Bitcoin network is decentralized, it has open source code and there are massive developer communities to support and continue developments for Bitcoin. In 2023, there are more Bitcoin developers than in 2008, 2009 or 2010 so why do we have to need Satoshi Nakamoto in 2023 and in future?

Bitcoin developer list https://bitcoindevlist.com/

Satoshi has created it and it is running as it should be.
So, like what deviser created in the past, Even they no longer exist, their creations are still ongoing until today like lamps, electrical, televisions, cars, etc.
This means, we don't need Satoshi anymore, because we can develop itself without his direction.
Bitcoin development has become increasingly rapid without satoshi. The Bitcoin networks are getting better after satoshi leave, this mean the bitcoin team is always work in line with what satoshi expected.

For those who don't hope for Satoshi's return, that's not to disrespect his masterpiece. The legacy left by Satohoshi must be maintained from generation to generation.
The way to honor Satoshi for his creation of Bitcoin which is a solution to a pretty good system is to convey to everyone about the advantages and uses of Bitcoin that are worth conveying.

I agree with the pool that they don't expect Satoshi to return because for me let Satoshi be a figure that no one knows so that he becomes the person who contributed most to the greatness of the Bitcoin system in modern financial technology.

The appearance of fake Satohosi in various rooms made me panic because I was still very young here, but I didn't easily believe that he was the hero.

The disappearance of Satoshi Nakamoto, in my opinion, helps Bitcoin development more smoothly. I think if Satoshi Nakamoto is still here, Bitcoin community including Bitcoin Core developers will continue to have some dependence on Satoshi Nakamoto's vision and opinion so that it will affect Bitcoin technical developments a lot.

Without Satoshi Nakamoto engagement, Bitcoin communities are more freely to drive Bitcoin developments to direction they think is best in a more decentralized way for Protocol upgrade.

Rather than discover Satoshi Nakamoto, it is advisable to focus on Bitcoin adaptation. Bitcoin has been running smoothly without Satoshi, so it's unnecessary to find him. Revealing himself would be harmful for him; legal action would be taken against him due to various reasons. So it will be very harmful for the whole cryptocurrency industry. Satoshi is brilliant since he is the creator of Bitcoin. So he is doing everything smartly. I just ignore whoever claims to be Satoshi; they all want to become public figures.

I agree with you, the possibility of Satoshi coming back to us is very low because he will face more dangers than he will receive great welcomes or benefits.  but if bitcoin is recognized by the government and becomes legal worldwide, and then he shows up, I think that's not too surprising. maybe he's decided never to show up again or maybe he's waiting for the right moment to show up.  the moment all governments accept bitcoin and people will freely use bitcoin is probably the perfect time for him to appear.  everything is possible, nothing is impossible.

We need Satoshi.
He made big invention in digital age and brought Bitcoin who is revolutionary invention.
It is like Tesla or Newton and will be remember by everyone very much later.

I vote yes.

That's right, because the main idea of bitcoin was that blockchain technology was spreading like a virus (in a good way) and increasing the number of its users. And all this despite the fact that it is independent, does not have a primary owner. That's why I'm still enjoying this idea. No one can control the blockchain. And to fight with him is to fight with torrents. If at least someone has torrents in the world, then they cannot be calculated, but they can continue to distribute the desired file.This is freedom in the digital space.

It's not that we don't need him, we owe a lot to him but this is the worst time for him to come out the mainstream media will go frenzy they will go after him whenever he goes and it will harm his family and privacy, he instantly becomes the target.

We are better off without him in the spotlight, if he can communicate to us in a way that he cannot be traced and at the same time he can give us proof that it is really him then that will be okay we can ask him questions that baffle us all these years.
But wherever he is we hope he is good, he deserves great things for bringing us Bitcoin that revolutionizes the modern generation

I also see a lot of people being scared if Satoshi appears and I really don't understand why. As for me, whether he appears or not doesn't change anything, bitcoin doesn't belong to him, it has become an asset controlled by the community. And even if he sells his bitcoin, I don't believe it will have any major impact on bitcoin in the long term. It's even better for us because the bitcoins are divided equally among everyone instead of just focusing on one person and having everyone always scared about it.

If someone who has been missing for a long time suddenly appears there must be something, then surely the return of satoshi will have an impact on the price of bitcoin. The bitcoin community will speculate that if satoshis return, they may have more faith in bitcoin or vice versa, but it is still best as it is now without satoshis.

Satoshi is a legend, he must have had calculations for what he did, including his decision to disappear from the public. Honestly, I'm not afraid if he comes back, but whatever happens to him, I hope he gets the best place wherever he is.

it was not real satoshi, he was just an imposist who claimed to be real satoshi. and why are people afraid when "real satoshi" appears? what needs to be feared? are people afraid that he will sell all his assets? or what? there is nothing to fear when he appears because if he is smart enough to create bitcoin then he is not stupid to sell all his assets.

and especially he is a creator of bitcoin, there is no reason for us not to need it, even a reason for us to scare him. but with his absence now, it is still the best for the development of bitcoin.

There are a couple of possibilities.

1. They're probably just lying. They simply want to hype Bitcoin, emphasize its limited supply, cause a FOMO, urge people to buy, and so on simply because they want the price to rise and make money out of it. So, don't believe them because if Bitcoin drops to $5,000 tomorrow, many of these same people will panic sell instead of buy.

2. They're not necessarily contradicting themselves. Their selfish fears are completely reasonable. If Satoshi appeared and moved his/her/their coins presumably for liquidation, it's probably just right that they sell immediately and buy back at a price they consider the bottom.

We are always confident that no one can kill bitcoin and bitcoin will exist forever, but why are you pessimistic if Satoshi sells all his bitcoin? That sounds too pessimistic and unreasonable. Even if he sells those 1 million bitcoins, I don't think that will cause bitcoin to die, the bitcoin supply is 21 million bitcoins, not just 1 or 2 million bitcoins. There would definitely be a huge panic if he woke up and sold all his bitcoins but that wouldn't kill bitcoin, I bet you that. Bitcoin does not depend on anyone, not even Satoshi or any other shark in the market.

If they are afraid that Satoshi selling bitcoin will reduce the value of bitcoin then that is the opposite of what they say every day. I see many people always claiming that they will sell all assets or buy as much as possible. if bitcoin drops to $5k or $1k, then they will buy regardless. They see this as an opportunity to buy bitcoin because they missed that opportunity before. Those claims were all over social media and even on our forums during last year's bear season if you were paying attention. So if what you say is true then aren't they contradicting their previous statements?

Because of questions like this, many fake satoshis have appeared on social media platforms claiming to be Satoshi, but the truth is they are not. And the others maintain that they are really Satoshi Nakamoto, but they are not.

That's right, Satoshi has given us a financial solution to our money problems. Even if he doesn't identify himself, he knows he will be popular, and it happened that he became popular without showing his true identity.

I understand the fear of some people of the possibility of Satoshi's emergence. It's probably not about Satoshi tearing down the blockchain or changing the source code. It's more selfish than that. I guess the main reason for their fear is the possibility of Satoshi selling his/her/their coins. And they only fear such possibility because Satoshi has more than a million, that's worth tens of billions of USD, and that it certainly means that their small amounts of Bitcoin will surely lose a lot of value.

In other words, their fear is that their investment would lose rather than gain. That's basically there is to it.

It is clearly Faketoshi, Craig Wright who is controlled the Satoshi twitter.
Real Satoshi won't do something ridiculous. If we learned what he posted when he was still active in this forum, he always posted something valuable.

Indeed. Satoshi will be always Satoshi, no one can replace him. He will remain the only person who created Bitcoin forever.

However, Bitcoin is owned by many people now. And Bitcoin keep growing although Satoshi has disappeared. That makes people think that we don't need Satoshi anymore. It is not about the legacy of Bitcoin or the creator status of Bitcoin, but it is about the role of Satoshi to keep the existence of Bitcoin. People think without Satoshi, Bitcoin has no problem to survive and to keep growing.

I think if satoshi appears again then something will definitely happen with bitcoin, maybe the price will go up or maybe even go down because satoshi has a lot of bitcoin and makes people afraid that satoshi will sell bitcoin. Even though the possibility is very small, the fear is still there and will influence the market

I agree that conditions like now are the best. Bitcoin became very independent without Satoshi and let Satoshi become a legend and history will record him with a very extraordinary record

Honestly, we really don't know if Satoshi this day is still alive and one thing for sure that they really care about the price of Bitcoin. He is a very smart person and I know that if he puts his Bitcoin in one wallet, it will get a negative impact to Bitcoin's price. So it's wise if he spread his Bitcoin to many wallets. We don't know if Satoshi have sold his Bitcoin at ATH because for me that's not what he aiming for. And if ever he do, he only sold some of Bitcoin because selling all their Bitcoin at one time will make Bitcoin die.

Whales and institutions are the cause of the impulsive movement of prices, maybe one of those whales was Satoshi — we never know.

As the creator of Bitcoin, of course, people will continue to be curious about who Satoshi is! they also want to continue to worship Satoshi and make satoshi like one of the great people of all time, but Satoshi doesn't seem to want that, he/she/them is very aware that the danger he/she/them will receive is far greater than the reward will receive, so we must be able to respect the decision he/she/them made ^{(took not to show his/her identity to the public)}, that was a choice and consideration he/she/them made.

Satoshi has his own right, so if he wanted to come back he can anytime.  The Bitcoin community might throw a welcoming and acknowledgment party for him as the creator of Bitcoin but I do not think that the Bitcoin industry is in need of him now.  As you stated Bitcoin had been running for more than a decade without Satoshi, so this mean Bitcoin thrive even if Satoshi is not around.


I think most of the community will accept the person as Satoshi if he is able to sign a message to the known address owned by the real Satoshi.

I doubt that Satoshi will ever comeback, he knows better than anyone that if he did showed up then he will be under heavy surveillance and at some point his real identity will be revealed, and in that case it would not surprise me if several governments accused him of several crimes and sent him to prison, while at the same time they began a campaign against him in order to discredit the idea behind bitcoin, so coming back only has disadvantages for Satoshi if you think about it.

It is true that bitcoin has existed and developed for many years without Satoshi so it is not wrong to say that we no longer need him. But if he comes back, will we still not welcome and need him? At least he is the creator of bitcoin, if we need ideas to help bitcoin scale or fix some problems, I believe he will still have better ideas than the current developers. I still think he's one level smarter than us because otherwise, why would he have the idea to create bitcoin and not you or anyone else?

It is true that Satoshi held a significant amount of bitcoin but why are we afraid of that? The total supply of bitcoin is 21 million while he holds 1 million bitcoin, so even if he sells it, it won't cause bitcoin to collapse, why are so many people afraid of that? Furthermore, most people want to buy bitcoin cheaply, so why don't we see it as an opportunity but as fear?
I will support him in selling them because it is a worthy reward he received for creating bitcoins and being able to keep it until now. One more thing, if he does that it will help bitcoin become even more decentralized as it doesn't belong to anyone too much. It's actually not as scary as many people think.

yes, many people will be happy, but when we look at a statement from Sergio Demian Lerner about how many bitcoins Satoshi have, we have to worry about it. We have to think if that 1.1 M BTC sold it on the market right now, is the market crash? As we know, Satoshi never spent his Bitcoin since he disappeared. Therefore we need to be alert if it really happens in the future, the ban wave market will come immediately.

Need him for what?  We pay respect to him, are thankful to him, and acknowledge him as the one who created Bitcoin.  But I do not think that the Bitcoin community needs him for Bitcoin development.  There are already capable people who are working for the Bitcoin development.  It would be great if he appeared, but the need for him for Bitcoin survival, I do not think so.  He has been gone for a long time now despite that, Bitcoin is doing great.

But in my opinion, whatever his status is, it will not matter, Satoshi may have had a plan to hide his identity from the beginning because he did not want to be intimidated by the government and let Bitcoin remain decentralized.

Look at some of the current altcoin creators like ETH, making the transition from decentralization to centralization.
Such a thing is not the goal of Bitcoin because Bitcoin is fully decentralized.

No one can replace him, Satoshi is Satoshi.
He will remain anonymous and any disclosure cannot be found.

It is better to be anonymous and keep developing bitcoin.
Those who try to be fake satoshis will only get criticized, as CSW has done so far His efforts will be in vain.

Yes, we owe him a huge thank you for creating bitcoin for us, but honestly, I didn't expect him to show up again either. Not only could that harm him, but it would also have a negative impact on bitcoin because bitcoin would be perfect without a founder and would require community consensus. I pray he has the life of his dreams but I don't expect him to go back to bitcoin. Everything is perfect, I don't want to change anything.

Well I have been talking about this alot so lately. And I do think it is now a topic we are all talking about is cause of the recent 'satoshi' spotting on twitter.

But if we are being honest here then no I do not think we satoshi. He has already been a honorable man for what he did for Bitcoin. And this is not something that any one can ever take away from him or his legacy.

Frankly, it's clear that bitcoin could have run smoothly for the past 14 years without Satoshi's help, so it's understandable that most people would never care about or need Satoshi's presence. But as I said, we all need to be grateful to him because without him, there would be no bitcoin for us to use. So if he wants to come back to bitcoin then everyone will always welcome him.

As for who is real and who is fake, it is beyond the scope of this topic so we do not need to discuss it. If the real Satoshi appears, he will always have a way to prove he is real.

I understand. It's natural to be curious about what Satoshi Nakamoto, the creator of Bitcoin, thinks about the cryptocurrency's development and current state. However, I agree that it would be a net negative for the entire space if Satoshi were to publicly share their opinions.

One reason for this is that people would be too biased to side with whatever Satoshi's opinions are. Satoshi is a revered figure in the Bitcoin community, and their opinions would carry a lot of weight. As a result, people would be more likely to accept Satoshi's opinions as fact, even if they are not. This could lead to a less informed and more divided community.

Another reason why it would be a net negative for Satoshi to share their opinions is that it could stifle innovation. If people are too focused on what Satoshi thinks, they may be less likely to explore new ideas or challenge the status quo. This could slow down the development of Bitcoin and other cryptocurrencies.

Of course, there are also some potential benefits to Satoshi sharing their opinions. For example, it could help to clarify the original vision for Bitcoin and provide guidance to the community. However, I believe that the risks outweigh the potential benefits.

Overall, I think it's best for Satoshi to remain anonymous and let Bitcoin develop on its own terms.

Satoshi Nakamoto left Bitcoin many years ago and I am sure he got a big reason for what he had done. I am sure that if one day he will surfaced then it can be a huge news for the crypto industry and can certainly put to rest who is the real guy so as to stop fake claimants to the throne to be sidelined...and I know that there are now a lot of questions and concerns that only the real Satoshi can deal with. But, considering everything that transpired in the crypto industry, I agree that it would be better for all of us that he remained where he is. We can never be sure if he is still alive or what...as nobody can really be certain what his real name is.

Yeah, I was thinking also if Satoshi was married and had a family (wife and children), If he was single like (another creator altcoin), maybe he still exists until today.

Actually, this is just my curiosity if there are still some people who want Satoshi to come back for several reasons.

His ideas for creating Bitcoin were quite brilliant for me, which means he/she/they (Satoshi) gave me advice it is definitely very useful to face the market.

That's a stretch generalization with the 7 votes you got out of the many members of this forum. Seriously, what's the honest point of this post? Also, on your original post you were already claiming that you don't want Satoshi to reveal themselves because you believe Bitcoin can continuously grow with or without Satoshi and now you're saying that you it could've been idea for them to reveal themselves and be active again so they can give advice? Make up your mind.

I am going to also say that we don't need satoshi at this current point. The revolution he created is already running successfully in the market. That revolution or system was created primarily to protect privacy and economic freedom. I think his purpose is now taking shape and that is his success. So here I think since he made it to be anonymous it's also important for him to be anonymous.  Also, even if Satoshi does reveal himself, I don't think we can get past the controversy of who the real Satoshi is.

It's a yes or no choice, but both choices have their own answers.
The majority of Bitcoin users will certainly be enthusiastic about Satoshi because he is the creator of Bitcoin and does not know who the figure behind the name Satoshi is.

It has to be like that, not without certain reasons why Satoshi doesn't want him to be known.
because for the sake of his own safety and that of his family.

Appearing or not appearing to the public is not a problem, but behind the scenes, he may still be developing Bitcoin.
As I mentioned earlier, He may use another identity so that no one suspects him.

and speaking of someone who hates Bitcoin and its developers, this will be a serious threat when they know who Satoshi is then there will be many threats that come.
Bitcoin keeps growing with an anonymous satoshi, it's stronger.

Right. We don't need Satoshi, because bitcoin technology is completely automated, and it doesn't need changes, and we also don't need 2 bitcoins, as the experience with bitcoin cash has shown. It's just amazing to know that there is this person somewhere, but I, like 1000 other cryptocurrency enthusiasts, am sure that he will never show himself again.

No
We don't need Satoshi Nakamoto, the founder of Bitcoin, to make Bitcoin work. Bitcoin is a decentralized currency,

which means that it's not controlled by any one person or organization. Satoshi Nakamoto disappeared over a decade ago, and Bitcoin has continued to grow and thrive without him.

He not involved to bitcoin since 2010

So, while Satoshi Nakamoto is a legendary figure in the cryptocurrency world, we don't need him to keep Bitcoin going. The Bitcoin community is strong and vibrant, and we're all working together to make Bitcoin the best currency it can be.

There are 7 total voters with have 5 agree and 2 disagreeing.

That are still many people who are enthusiastic about Satoshi even if they don't care whether he was there or not.

Actually, we are here as people who like Bitcoin really love him, we would certainly be happy if he were present again and gave advice to us. But, some moments make us think if he would be better if he didn't appear in the world. because there are definitely who hate Bitcoin indirectly hate Satoshi also. We certainly don't want anything happen to him, so better let him rest and enjoy his life. For me, Just simple like that.

So, If someone out there always mentions Satoshi, and always disrupts his life, it is certain that he is a Bitcoin hater, and doesn't want Bitcoin to be bigger.

Now, we know who doesn't want Bitcoin to grow rapidly which only benefits for himself.

I agree with your statement.

I mean, it is really peak curiosity on what Satoshi thinks of the current situation of bitcoin is. Hearing his thoughts, developments, and other information would definitely be interesting but other than that it would be irrelevant.

Somehow, I am confused on why lots of people are claiming to be Satoshi; like doesn't it give a threat to your own security? I mean, he still has yet to dispose his current BTCs as they are left on his wallet. If a person claims to be Satoshi, then they would definitely be targeted and flagged by people, ultimately compromising his safety.

If people will come up with this crazy thoughts, then I think it's even too early to begin to think this way, because how about the great hight that Bitcoin is yet to accomplish, like for intance Bitcoin hits $500k or $1 million any day in the future, then what will people be saying by then? I think a very topic like this was also created before and the OP's idea in that thread was that Satoshi might be somewhere living on his own far from family and friends, and doesn't use any cell phone or computer device and have access to some of his Bitcoin. I don't know if Satoshi is yet alive or dead, but what ever it is, Satoshi himself knows that if he appears today, then it really will affect the success of what he has already exterblish and I don't believe he will surface after all.

It can be said to be a dilemma.
It does not require Satoshi to appear and remain anonymous, but on the other hand requires his contribution to develop Bitcoin using a pseudonym that is not detected by anyone that it is Satoshi.

I'm sure Satoshi won't just let Bitcoin go without his contribution.
The future of Bitcoin will continue and now it is still the beginning that makes the world recognize Bitcoin as a revolutionary digital asset.

People must have certain purpose. They may want attract people and they get an advantage. When they published news about Satoshi, people must be curious to read it. It increases the popularity of the media because there are many visitors. So, it is about the advantage got by the media. Meanwhile for someone like Craig Wright, he did it to make people believe in him.

Regarding Satoshi, we may not need him anymore for the existence of Bitcoin. It is because Bitcoin is owned by everyone now. But we can't avoid that we still needs his thought for the development of Bitcoin. He may be among the Bitcoin developers, even we don't know his contribution now. Bitcoin is his masterpiece, Satoshi is the only one who knows better about Bitcoin.

Right now, I don't think Satoshi will play any significant role in Bitcoin development going forward. Making him active again would even be risky for them and probably Bitcoin too, their identity will be hunted to be revealed, and when that happened and the world found that Satoshi is not a perfect person, we will start make connection between Bitcoin and Satoshi's flaw, and people will not have objective views anymore towards Bitcoin.

Satoshi has created such a sophisticated invention so let them rest.

Even if we need Satoshi, the majority of people in the crypto space won't exactly accept anyone who comes out and claims to be Satoshi until he can sign a message with his bitcoin wallet to let everyone know that he is the actual Satoshi.

The person will be doing so in this manner since we have had news of people impersonating to be real Satoshi. 

Back to the question, I don't think Satoshi's existence or whereabouts are important to the crypto community. They desire that he maintain his anonymity.

Honestly, if Satoshi is still around and there's a demand for him to come out - he won't be out. And that's simply to prove how Bitcoin that he's made was successful in its roots and attributes of what it is. That scare about him going out and selling that million of Bitcoin is for real because it can be an actual thing. And that guy who has that Twitter(X) account, came out with that tweet then he should have sold already if he's for real but he's not. He's a fake one and that's why he just wanna make buzz and I think with that it's good publicity for Bitcoin despite that he's got ill intention of promoting something else other than Bitcoin. And we're all agreeing that wherever he is right now, he surely is happy with what Bitcoin has reached this time.

There's already been a lot of topics regarding this, do we really need another one? If you want to share your opinion or stand on what has happened with the Twitter fiasco about someone (possibly Craig Wright or honestly one of the many Faketoshis out there) there are already a few topics about that, there's seriously no need to start a new just to ask such a question. After reading your post I can say that you could've just replied to any of those threads with this, are you perhaps just fishing for merits?

Anyway, to humor you, the answer is no one knows. No one knows what can happen if Satoshi miraculously decides to reveal themself so there's no conclusive answer cause no one knows what they can change and can do to the current system.

Lastly, it's "Do we need Satoshi?"

If satoshi were still around and publicly confirmed, he would be an attack vector for Bitcoin. His entire life would be dissected and any political affiliations or personal opinions would be used to discredit Bitcoin and try to splinter the community. Him being gone was the best thing that ever happened to Bitcoin and I think had he not disappeared, Bitcoin would not be as successful as it is.

Faketoshis are showing up everywhere on the internet for several reasons best known to them. I like to think that in the Bitcoin community we have moved past the phase of wanting or needing satoshi. Right now he's of no functional used to us even if he shows up.


Satoshi will not do anything to bitcoin source code if he shows up today and even if he tries to, he cannot because he has to go through the consensus to effect any change and that is not an easy process.


Satoshi is more concerned about living a quiet life right now and not wanting to do anything that would upset the natural growth of Bitcoin. If he shows up right now there's going to be a bounty on his head from several governments that is what I like to think that could happen to him.

Satoshi shorecrest we do not need him we right now I taken the lead and pushing this project forward to its maximum potential.

Bitcoin is not centralized system, doesn't depend on a single person to function. Satoshi having sole power over it will be contrary to its principle of decentralization. He is bounded by the Bitcoin principles/rules like everyone else and can't single-handedly alter anything public without the consent of the general community.
He will only be needed for his experience, knowledge or guidance, and this can't still be contrary to Bitcoin else it's rejected.

Holding strongly to the good foundational principles Bitcoin is built on protects the system from attack or hostile takeover. Afterall, Bitcoin global nodes always run checks on the system to ensure that the principles (the deflationary principles for example) are adhere to.



Huge Bitcoin stashes will quickly lose value if someone decides to sell to hurt the system.

Let those running after being Satoshi Nakamoto continue in their race while we also continue with bitcoin we have adopted and see who succeed with time, there's a standard for knowing whom Satoshi is, they need to sign a message, but instead of them holding onto bitcoin which is the ultimate solution, they are running after fame and recognition thinking if they claim to be Satoshi, all power will be vested on them, nothing is in it all than wasting of time, bitcoin is what everyone wants and not the person behind it, you can see the community is less concerned about the numbers of those doing same.

Of course we need Satoshi since he was the inventor of Bitcoin, if he was not born, we will not know about Bitcoin until now.

But do we need Satoshi after he invented Bitcoin? not really, either he show up in this forum or anywhere, it doesn't change Bitcoin is decentralized and will always being used by people who trust in Bitcoin.

Interesting perspective on Satoshi and the waves he may cause, right? Lets consider: Satoshi Nakamoto's mystique shrouds the crypto world. However, doesnt Satoshi's anonymity protect, or perhaps enhance, Bitcoin's democratic and decentralized spirit? The pseudo-problem is determining if anonymity promotes stability or secretly stirs up investor and enthusiast uncertainty.

As the blockchain is decentralized and public, concerns about Satoshi modifying the source code or destroying Bitcoin's value by selling his supposed stash seem unwarranted. Your admiration for Satoshi—considering them for a Nobel Prize despite their physical appearance or identity—shows appreciation and detachment.

We are all grateful to him for creating bitcoin for us, but you're right, we really don't need him anymore. His decision to leave bitcoin is the best thing for bitcoin and for us because bitcoin truly won't have to depend on anyone. If we want to change or improve something, we need the consensus of the entire community. That makes the bitcoin network more fair and transparent because no individual can make independent decisions.

Honestly, I have a lot of respect and gratitude for Satoshi, but I hope he never comes back, it would be so much better for us.

I do ask of the essence of needing satoshi and if satoshi review itself today what is going to caused him is a damage by the government, because government will be after satoshi, bitcoin is still existing so I don't know the reason why we need satoshi again or is it any other thing we need from the development of bitcoin satoshi has no release, the currency has already being introduced and it has also exploit to certain point but the issues is that Bitcoin nobody knows the time durability, if it's what people needed in satoshi they should stipulate it

I'd bet my entire house that there's nothing to worry about - Satoshi will always stay anonymous. I mean, the guy is probably out there, living it up, enjoying his wealth, traveling the world, and soaking in the good life. Why would he choose to step out of that peaceful and abundant existence? Being anonymous has given him the freedom to savor life to the fullest. Satoshi is like the crypto god– we can't see him, but we sure do believe in him. It's better if things stay that way.

You can "respect" Satoshi, but at the same time still think that Bitcoin doesn't need him. If anything, Satoshi contributing under the same pseudonym would be detrimental to Bitcoin. If he wanted to continue to contribute, I'm pretty sure he'll do it under a different pseudonym.

Haha, are we talking about another Craig Steven Wright here? LOL!

Honestly, I don't think it's necessary for him to reveal his true identity. What would it even change in the market? He'd have to go through a lot of proofing, and it might just land him in hot water. Plus, his life would be at risk since he's supposedly holding the most bitcoins. As for the rumors about Satoshi being revealed, they seem pretty baseless, so let's not get too carried away with that speculation.

I did read your post, and what I saw was, you used the word "HE" 5 times.
My question is, are you sure that he's a male? Why are you using the word "HE" where in fact you don't even know if Satoshi's a male.

Anyway to answer your question coming from a newbie, with how Bitcoin is right now, and how it works, I don't think that we need Satoshi anymore although it will be a good thing if Satoshi comes back, but what are the chances for it to happen? Close to zero. I know that you asked this OP because you're curious, and I have this type of question in my mind for a very long time as well, but I guess let's just assume that Satoshi will never come out, and help the developers anymore. I guess Satoshi is happy right now with what's happening with Bitcoin even though not many people sees it as a currency, but rather an asset.

Next time, don't use he if you are pertaining to Satoshi.

Exactly this.
I've always said that one of the best things that happened to Bitcoin was that Satoshi went away. You see, people like to make "gods" out of people. They like to look at what certain entity says and follow that. If Satoshi were around, many would have looked to what he says and what side he stays on in any argument about any matter (like the block size war). And that goes against the spirit of a decentralized network.

In other words Bitcoin is more decentralized without Satoshi Nakamoto around.

This is quite hilarious, because of how different opinions and publications as caused unnecessary confusions among the masses.
Someone claimed to be Satoshi, how does that even concerns us, when we know very well that some of those people at the top are against decentralization, so what makes you think that Satoshi would reveal him/herself.

And lastly, every information we've gathered today was clearly written by someone who thinks but literally had no concrete evidence. Satoshi Nakamoto is a mysterious person... Ooh no... They are group of hackers. Satoshi doesn't use twitter... Ooh no... That twitter account is operated by Craig Wright. He is just somewhere, living among us, maybe using the same popular social medias, but we can't literally tell because he/she/they are mysterious.

Of course Bitcoin is public but it is not owned by anyone, but Satoshi .if Satoshi  is the inventor of Bitcoin and he has its source code, then after he returns he can do anything.There is no evidence that he  owns a large amount of Bitcoin but there is also no evidence that he does not own any Bitcoin.

Maybe Satoshi has a true understanding of Bitcoin value, and is thinking much further than selling at $65,000.If we can believe in Bitcoin, which he invented, then we have to believe in Satoshi,because there is still no evidence of who Satoshi was.Was it a person or a group, and where did he go after inventing Bitcoin,There is no evidence of his death, so the fear of his appearance will continue to exist among people.

Are you referring to Satoshi on twitter? That’s not really him it’s Craig Wright. He ended up purchasing that account and as far as I know the real satoshi never used twitter.

A few days back he posted some message which was pretty much written backwards. Very easy to decipher. No idea why. However with activity like this I am fairly sure it’s not the real satoshi.

Bitcoin technology is perfect, Satoshi will not make any changes to the Bitcoin blockchain because this action will be known to the public as his interference in the changes that occur. So far, Bitcoin has grown, developed, been recognized for its existence and has been adopted in parts of the world as a medium of exchange. Satoshi will not make any moves that would reveal his whereabouts, his name has become a legend among crypto lovers. It is hoped that his existence will only eliminate public curiosity about the figure who has changed world transactions with his creation, but he will still keep his identity safe by allowing Bitcoin to continue according to the original plan when it was first created.

I even hope this happens because someone holding too much of the bitcoin supply is not a good thing for the market. If he shows up and sells all those bitcoin holdings, it will be a great opportunity for us to buy them back at a low price. But I believe that even if he were alive and still owned that 1 million bitcoins, he would not sell it at this time. Looking at the development of bitcoin, we can easily see that the value of bitcoin will increase much higher in the future. So he wouldn't be stupid enough to sell it now or at a low price.

If he not give any benefit to me e.g. send some Bitcoins or share any secret thing, why I need to care? it's same like Elon Musk, Jeff Bezos etc, they inventing a new thing, but I don't care with them. I as one of their consumer obviosly say thanks for their invention that can give me productivity or something like that, but it's only that and no more.

I think most people are want to pray for Bitcoin or Satoshi like a God lol.

We can only speculate as what will happen to bitcoin if Satoshi suddenly appears or shows himself. A lot of question needs to be answer and obviously, the amount of bitcoin he supposedly have in his wallet is worth billions of dollars already.

However, I don't think he will surface for the money though, I mean he could have seen it from the background, if he is still alive and yet would choose to be anonymous as what his project preaches.

Media interaction where the person is famous and everyone talks about him. It is not the first time that people claim to be Satoshi, and almost every year someone tries to gain fame from this claim. About two years ago, someone was able to access Satoshi’s account in one of the forums, which Satoshi used when he published the code for the first time, and he was able to access that account via The email used by Satoshi.
All these people know that no one believes they are Satoshi, but they get enough attention to continue this lie.

We still need him if he really wants to return to the bitcoin community and continue to grow it. He is the one who created bitcoin, we should respect him, and never say we don't need him. Without him, there would be no bitcoin and we wouldn't be here today. But if he decides he doesn't want to come back or show up anymore, we can continue to exist and thrive without his help. Because he created bitcoin for everyone, not for any individual.

I'd want to hear Satoshi's opinions on past Bitcoin development and Bitcoin's current state in general solely due to curiosity, but it will be a net negative for the entire space. Why? People will be too biased to side with whatever Satoshi's opinions are.

Yeah, Bitcoin becomes the most unique blockchain because it’s founder not active anymore while his holdings is never touched since he leave despite the price pump happened on Bitcoin. Litecoin is the best example on why having the founder a round is bullshit because he sold his holdings at most during the bullrun while he still promoting LTC around.

Bitcoin becomes a total decentralized blockchain because no one is leading the development but rather community decides on what to do next by approving proposals. I believe the decision will always be bias with Satoshi proposal if he is active around.

Satoshi's first tweet since 2018?
October 02, 2023, 06:00:58 PM

... also; "etc! and etc?

The point is; you use "!" either "?" and then include satoshi, in the relative topic nothing changes the objective of the proposed context, asking or asserting something that already has previous discussions, they all come to the same conjectures, it is a #TBT type topic repetitive ad nauseam.

I am very surprised by someone who has an activity +1400 (e.g.), them that should represent experience on the subject, but fall into the trend...

Are We Need Satoshi?
No.

Edit:1
Are We Need Satoshi?
No!.

Edit:2
Are We Need Satoshi?
eh! ...No?

 

There is a lot of controversy about the emergence of satoshi on social media and other websites. I still don't know, what the purpose of someone creating this idiot riot on the internet is. Because for me, I don't need Satoshi anymore, bitcoin still exists (even bigger) with or without Satoshi.

Many people are afraid if Satoshi shows up today, he will change the source code and tear down Bitcoin blockchain. that is the stupidest thinking I ever hear. Because bitcoin is a public, and have community that cannot be changed by just one person.

Many people are afraid if Satoshi shows up today, he will be sold his (million bitcoin, there is no evidence yet) he has.
So, what is he waiting for not having sold it on ATH before?.

we don't need Satoshi, let him become a legend for his name, we have to thank to him for making the greatest thing in this century. I will be the 1st person agree if he gets the Nobel Prize. But, for emergence today, I'm the first person who doesn't believe it.