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Topic: Does finding out who created Bitcoin matter? - page 3. (Read 2012 times)

sr. member
Activity: 420
Merit: 250
It does not matter to me at least why would it matter to me? The reason I am here is still going to remain the same. For me the creator of Bitcoin can be a dog and I would still make use of it.
newbie
Activity: 7
Merit: 0
It shouldn't matter, but unfortunately it does since humans are hard wired to follow leaders, so they want to know who is the guy that started it all, and im sure they would listen to him a lot about how to make Bitcoin look like in the future, that's why we have a lot of people with interests to pass as Satoshi (the Craig hoax is a clear example)

That's a really interesting point about humans being hardwired to follow leaders, and I don't think Bitcoin (or any currency) would be best served by being shaped by any one individual.

On a separate note, how come everyone is so sure that there is no guy called Satoshi Nakamoto? How do we know he never existed, and - if he didn't - who are the photos allegedly of Satoshi actually of?
legendary
Activity: 1610
Merit: 1183
It shouldn't matter, but unfortunately it does since humans are hard wired to follow leaders, so they want to know who is the guy that started it all, and im sure they would listen to him a lot about how to make Bitcoin look like in the future, that's why we have a lot of people with interests to pass as Satoshi (the Craig hoax is a clear example)
newbie
Activity: 7
Merit: 0
This whole incident was contradicting to begin with. Why would a guy who wants to live a normal life and avoid being noticed, come out to say "I am bitcoin creator, and I can proof it!" It just seems that he wants to create some commotion in the news in hope to spike up bitcoins price.

Would it really create a price spike though? Surely it's just as likely to create a dip?
legendary
Activity: 2870
Merit: 7490
Crypto Swap Exchange
It doesn't matter at all because bitcoin is open source and bitcoin devs can upgrade/improve bitcoin without it's creator.
Satoshi Nakamoto wants to stay anonymous as well and if his/her/their identity is exposed, i think bad things would happen.
hero member
Activity: 756
Merit: 500
No it does not matter if we find out who created bitcoin.  They have no intention of being found as it would distract from the technology. 
full member
Activity: 168
Merit: 100
This whole incident was contradicting to begin with. Why would a guy who wants to live a normal life and avoid being noticed, come out to say "I am bitcoin creator, and I can proof it!" It just seems that he wants to create some commotion in the news in hope to spike up bitcoins price.
newbie
Activity: 7
Merit: 0
several countries will try to put  him into the jail as they dont wanna bitcoin on their countries and people are giving it a bad use

Could he/she really go to jail? Surely creating Bitcoin itself is not illegal, and they can't be held responsible if it is being used illegally?
full member
Activity: 167
Merit: 100
 Bitcoin is open source and it works why would the identity of satoshi matter at all in their decision to buy or sell bitcoin?
hero member
Activity: 560
Merit: 500
Well the person behind bitcoin the creator wanna and till the moment still anonymous it would be good for all know who made bitcoin,but be sure that several countries will try to put  him into the jail as they dont wanna bitcoin on their countries and people are giving it a bad use soo in the end i hope he or her dont show off,the other big concern is the ammount of coins in possion that can hit the market easy.
legendary
Activity: 1666
Merit: 1001
It depends, for user that played small part of bitcoin, it doesnt matter as long as it is usable and the price is good, but for investor and developer it is quite important to know who is the creator to develop the bitcoin further
newbie
Activity: 7
Merit: 0
I agree but there's an argument to be made that not knowing (or having conflicting reports) draws attention to Bitcoin's lack of transparency and the extremely complicated, hard-to-understand way in which it is mined/generated.
sr. member
Activity: 364
Merit: 250
That depends per person I think, for me it does not matter who the creator of Bitcoin is. I did not come and use Bitcoin because I like the creator but because I wanted to make money.
So I just do not care I only care about making money and the price. 
newbie
Activity: 7
Merit: 0
Beyond the fact that the founder has 5% of all of Bitcoins in existence in his possession (in which case it doesn't really matter WHO has them, just that there is too high a concentration of the currency in one place), what difference does it make who created Bitcoin?

This article argues that all of the recent coverage creates an air of uncertainty that could undermine confidence in the currency (and highlights uncertainty in currency markets in general, but I'm not sure I agree: http://freemarketfx.com/bitcoin-reminder-uncertainty-currency-markets/

Thoughts?
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