Topic: Identifying Satoshi Would Be a BAD Thing - page 2. (Read 514 times)

Big mistake if this happens, maybe our children's generation will read it. But it seems that history actually says that he is a fake sathosi. If anyone makes history books admit Craig is a satosi maybe he is a supporter or really doesn't know.
As for the story, maybe they can come up with something, but as long as the bitcoin.org site is independent and the bitcoin consensus continues to exist then I think it will continue to decline in the next generation. So I think we still have at least the next generation for the right info. So maybe now we should start spreading the truth to our newcomer friends.
Besides, if this site still exists, I think the discussion here will record the history of all of that development.

Given the increasing hostility from various governments towards cryptocurrency, I don't think that it will be a good idea for Satoshi to reveal himself. It will be risky for him as an individual, and for the cryptocurrency community as well. The best thing to do is to stay anonymous, until there is a financial revolution and Bitcoin becomes one of the widely accepted global currencies. And trust me, that day may not be far off. Given the inflated spending from the governments, fiat currency would soon become less worthy than the toilet paper.

Yes. His identification would not be good for bitcoin --- he took great care to stay anonymous, so he likely understood this. And by 'he' of course I mean 'he / she / they'. :-)

I get your point,but Satoshi Nakamoto is not Julian Assange or Edward Snowden.
He never revealed government secrets and he cannot be blamed for treason or some other bs.
Bitcoin didn't destroy the fiat money system.The BTC users are a small number,compared to all fiat money users and even the Bitcoin users are still using fiat money.
If it was so bad to be acclaimed as the creator of Bitcoin,then why Craig Wright is so desperate to be recognized as "the real Satoshi"?Is he stupid?Would the US government try to destroy Craig Wright,if he was the real Satoshi Nakamoto?I know that he isn't the real Satoshi,but that's an interesting hypothesis.

Not related. We are permanently checking the blocks for such moves, But none of Satoshi's coins heve been moved so far.

Is this
https://www.fxstreet.com/cryptocurrencies/news/is-satoshi-cashing-out-640-nine-year-old-bitcoin-on-the-move-202107131344
related to ur project?
Or is it some prophet inequality calculation of when, the perfect timing for, "I have to go now"?

There is a project to calculate Satoshi's coins and bring them back. https://bitcointalksearch.org/topic/calculating-satoshis-coins-5347791

As of today it is nearly impossible to calculate them, but if done, we will publish all his private keys after solving all coinbases. Even block 0 is in that pool, where you can't move the coins.

That will help Satoshi, as everyone will be able to sign a message with these keys thereafter.

Everyone should avoid M$ products as much as possible. So, so, many security holes. When shutting a computer of mine down a month ago, it spoke: "This phone is not connected to GSM". FFS, also, WTF? Even in linux, I'm not sure how I feel about systemd, but my netflix gets changed to spanish a lot less when I stick with linux.

But back to topic.

If Satoshi were to be found out, the problem would be much worse than even imagined here, for him personally.
He would be in eternal lawsuits over random bug codes, losses, and other funny things about blockchain. It would be never-ending.
I can imagine a timeline where the largest exchanges were attacked by incredibly sophisticated attackers (not just hackers), especially if bitcoin were to take off in much more value. I can imagine a timeline where wars would be fought to protect those exchanges. Perhaps that won't happen - let's hope so.

He would never be able to rest, and be in danger of  physical and press attacks, where every random bit of history was dug up about him. People would blame him for a market crash (or explosion if it results in other markets crashing), for loss of money if they invest at the wrong time. There are very few situations where this would work out well for him.

The market would survive, after a possible small crash. He wouldn't be able to sell quickly regardless. The market is not entirely dependent on him. If the Patoshi pattern is his, then that's a percentage of coin. A decent percentage, but not the controller of the market.

That said, only Satoshi, if such a person or group are still alive, can only answer the question about whether he/she/them reveal such an existence and why. One hopes that such persons would do so for wise reasons. There could be more than a few reasons as to why that might be done, for example, if such persons were discovered privately and had to worry about personal safety privately, versus becoming public and having to worry about other larger lawsuit/physical defence; or, if there were (a wisely considered) potential to help people that was greater than such persons convenience. Things go wrong and most of the world is unpredictable, so even such actions would not go as such persons plan, so such a reveal would be highly unwise.

I think that's the only way because the other options have been already foreseen and not any them are pretty good for the market. Plus it's a really good thing that he is anonymous because with the enigma behind the identity, people gets curious about the identity. Tor and VPN isn't enough to hide someone's identity, I think Satoshi is also a Linux User because he is pretty good with codes.

I think it is safe for the inventor of Bitcoin to remain anonymous, and Satoshi has done many things to remain anonymous and to preserve his privacy, he did not reveal the real name, and he chose a Japanese nickname and a pseudonym called "Satoshi Nakamoto". It is also believed that Satoshi was using a Virtual Private Network (VPN), or Tor. Nakamoto previously talked about Tor and told people that it is a good way to hide the origin of a Bitcoin transaction.

First of all, one cannot identify Satoshi without a proof of keys. And most probably, for proof of keys, he has to be... alive and willing to do so.

Indeed, if these conditions are met, when he steps up he will become the target for all kind of stuff, from digging up every stupid thing as kid or adult (true or not) to threats to his life or freedom (whether from agencies, mafia or "bounty hunters") - keep in mind that he's incredibly rich and the money can be stolen with minimal trace.

And then the FUD and the possibility that somebody spends so huge amounts of Bitcoin will take its heavy toll on Bitcoin itself.


So yeah, if he would be identified, it would be bad for both Bitcoin and himself.

I think, they lost their time because of that.  Who will identify themselves as Satoshi so that there may be risks.  Or existence, but hopefully Satoshi is alive and well.  Bitcoin is anonymous and decentralized, which is the most powerful feature that makes it alive and valuable in the sense of the market.  I don't expect any Fud impersonators to show up.
Better yet, the bitcoin wallet identified as Satoshi's remains intact.  Lol

Identifying Satoshi will only bring us trouble and problem .

And why not admit the situation that Satoshi will never comes out in the open .

and lets admit that Crypto world will continue without the creator being expose .

I think that everything rests not only on the story of Satoshi, cryptocurrency, blockchain are already meaningful things that will only further grow into our culture

Wright doesn't care whether Satoshi's real identity is known or not. What he is doing is creating chaos and trapping those involved in bitcoin in his web of lies as he games the justice system by exploiting its flaws.
If Satoshi was a known person then Satoshi would have been caught up in a court battle spending a lot of money and time proving the bullshit Craig Scammer Wright has told the court was a lie, and after proving one case Satoshi would have been caught up in another bullshit of his.

It's a good thing Satoshi won't ever be identified, but that also means that posers like Craig is going to pop up all over the world like the moles in the whack-a-mole machine continuously claim they're the real deal but get shunted down when asked to provide evidence. Also, I think if Satoshi wants to appear, it has to be now because the whitepaper is being targeted.

I doubt he is already identified. If he was, Craig Wright wouldn't need to pose as Satoshi anymore which I guess up to this day, they want to implant in the minds of the regular people that Craig is exactly who he was saying. But we all know he can't prove it. If satoshi wouldn't come out publicly, it will be Craig Wright that will be there in the History books which will be believed by the people.

Satoshi appearing back again will be bad for their narrative especially because they've already cracked down and taken down the whitepaper of Satoshi from other websites.

It's either he or she is already identified and it's not just news that is for everyone. We can all theorize on what could and couldn't happen with this theory but we all know that we cannot verify this and even if someone steps up to get the limelight, it's still not going to be possible to verify it unless you sign it with satoshi's address.

So I'm now thinking, why are there some people claiming to be him when it's not clearly him? Those possible allegations could have stopped imitators but they still get into the spotlight and want to be known for being "satoshi".

Lot of known analysts says so, that if we were to know the real identity behind the pseudonym Satoshi Nakamoto, things will be problematic for the market. I think almost everyone here agrees that it is bad, no matter how much we want to know the person behind the invention. Plus remember the saying about not meeting your heroes? I think that the saying applies to this one too.

I truly believe this! Identifying Satoshi would be a super bad thing for him and can be a danger to bitcoin as well. I am sure he doesn't deserve the nonsense in life when in fact he has shown the way to great wealth to many many people. I sometimes think that awarding the identity of Satoshi Nakamoto to Craig wright was a plan of US government to bring out Satoshi from his exile whih didn't work out. I am not sure how many of you though this way!

But if the true identity of Satoshi is revealed someday in future. He would probably live the rest of his life behind the bars for challenging the ideas of traditional finances.