Topic: If Satoshi reveals himself, what would be of Bitcoin? - page 7. (Read 19683 times)
I think if satoshi revealed himself the bitcoin will still be the same because maybe the government wouldn't bother that satoshi the one who created bitcoin and why would the government will put satoshi in jail ? if he didn't do anything wrong. Am i right ?
If he reveals himself? I think satoshi would not do that act because he started this all and he can be put into jail with that or pay tax for what he done, but no one knows what the government will act in that situation. But for me satoshi will not do that act.
Put on jail for starting a revolution that saved thousands of people from fiat slavery? I hardly think so. Just think of the altcoin developers. A lot of them have their faces uploaded online. They even post selfies of the conference/seminar regarding the cryptocurrency that they are making. Those people and Satoshi did the same thing. It's only that Satoshi did it first. But if such action is illegal, all altcoin team would never show their faces. They would never conduct any meetups to fully explain the project.
He is not going to pay tax at all because he didn't sign up a contract with the government. The government is simply not in the picture here
I'm curious which contract you refer to here
Regarding paying taxes, the government is always in the picture even if you think they are not (whether you like or not). If he starts selling his bitcoins, he will book profits and the tax agency of the country where he is found to reside may start asking questions. It is one thing when you go for tax evasion in the amount of a few hundred dollars and a completely different one when the question is about a few million dollars
If he reveals himself? I think satoshi would not do that act because he started this all and he can be put into jail with that or pay tax for what he done, but no one knows what the government will act in that situation. But for me satoshi will not do that act.
Put on jail for starting a revolution that saved thousands of people from fiat slavery? I hardly think so. Just think of the altcoin developers. A lot of them have their faces uploaded online. They even post selfies of the conference/seminar regarding the cryptocurrency that they are making. Those people and Satoshi did the same thing. It's only that Satoshi did it first. But if such action is illegal, all altcoin team would never show their faces. They would never conduct any meetups to fully explain the project.
He is not going to pay tax at all because he didn't sign up a contract with the government. The government is simply not in the picture here.
What do you think that will happen once the real Satoshi reveals himself (and proves that he created Bitcoin)? Will Bitcoin ever be the same? Will governments try to pursue Satoshi and put him in jail?
This will be something interesting to know, once it happens (if it ever does) sometime in the future. Please feel free to share your thoughts here.
What would give any government on earth the right to chase down Satoshi and put him in jail?This will be something interesting to know, once it happens (if it ever does) sometime in the future. Please feel free to share your thoughts here.
I know most governments probably aren't too happy with what he has created but it is harming nobody at all and a great asset and an alternative to the current debt ridden system
Governments don't need such a right being granted to them
I'm surprised that there are still folks in post-Snowden era who are astonished at the very thought that a powerful enough government could simply put someone in jail if they ever wanted to. As Snowden himself said, he expected to be assassinated by the CIA if he had not been granted an asylum in a country where CIA is just an irrelevant abbreviation. I think he certainly knows what he is talking about. We don't know what happened to Satoshi, maybe, he just turned up in the wrong place at the wrong time and voila! Gone with the wind and never seen again
What do you think that will happen once the real Satoshi reveals himself (and proves that he created Bitcoin)? Will Bitcoin ever be the same? Will governments try to pursue Satoshi and put him in jail?
This will be something interesting to know, once it happens (if it ever does) sometime in the future. Please feel free to share your thoughts here.
What would give any government on earth the right to chase down Satoshi and put him in jail?This will be something interesting to know, once it happens (if it ever does) sometime in the future. Please feel free to share your thoughts here.
I know most governments probably aren't too happy with what he has created but it is harming nobody at all and a great asset and an alternative to the current debt ridden system.
I am really not sure on the impact of bitcoin price if Satoshi revels himself in the public. But I’m sure he will immediately become the most wanted person and enforcements agencies will try to put him in jail. Because Satoshi has violated one big rule and allowed normal people to have financial freedom which no government will alllow their citizens to have.
Government want to have the power to control the wealth of its citizen and bitcoin actually allowed the people to earn money without the control of the government.
That is very true, its a very important aspect of bitcoin, one of the most significant differences from the regular, fiat currency- goverment can't control it.Government want to have the power to control the wealth of its citizen and bitcoin actually allowed the people to earn money without the control of the government.
For sure, many people would hunt Satoshi Nakamoto just for profits, it is kind of obvious that the quantity of BTC owned by Satoshi is incredibly huge. Im pretty sure that also, many politics and law enforcement representatives would want him in their control.
You should bear in mind that Satoshi Nakamoto has to be very smart person, with good programmer skills.
He made his cryptocurrency (BTC obviously) anonymous, im sure that he knows how many people would like to get him in his own hands.
I think he will cause a big influence to the Bitcoin world in particular and to the cryptocurrency in general. More people will start using bitcoin after his appearance and I do believe that the prices will increase about 1.5 times. Trust me. but I never think he will show up
Why is it hard to believe that Satoshi Nakamoto never existed?
Is it because everyone else believe in such person that everyone continue to follow along with the herd mentality?
If so, then it is not because there is a person named Satoshi Nakamoto that you believe in him, but because everyone else is believing in him that you are just tagging along with such belief.
Let me say this: There is NO Satoshi Nakamoto. He is just a fictional character.
If I invented a fictional character named "Mr. Sohai" and spend millions promoting such character as real, I bet a lot of people would believe such a figure existed and discuss about him.
It is not hard to control the mindset of the general population.
It just take some very primitive "magic" tricks and almost everyone will fall in line.
Is it because everyone else believe in such person that everyone continue to follow along with the herd mentality?
If so, then it is not because there is a person named Satoshi Nakamoto that you believe in him, but because everyone else is believing in him that you are just tagging along with such belief.
Let me say this: There is NO Satoshi Nakamoto. He is just a fictional character.
If I invented a fictional character named "Mr. Sohai" and spend millions promoting such character as real, I bet a lot of people would believe such a figure existed and discuss about him.
It is not hard to control the mindset of the general population.
It just take some very primitive "magic" tricks and almost everyone will fall in line.
If satoshi reveals himself, it will be great for bitcoin because it will show some transparency for bitcoin which is a plus points for the potential big investors for bitcoin because they will get comfortable that bitcoin is a legit and trusted investment since they will know the person behind it and they will just go all in with their money.
if satoshi reveal himself then there will be no impact in the bitcoin community but many countries and people will try to get hands on him and treat him as a hostile.they will torture him to get the result and what the base technology behind the invention of bitcoins.
i think its better that satoshi never reveal himself.
i think its better that satoshi never reveal himself.
He would be much more underwhelming than what anyone believes. Meeting your idol is always underwhelming and it often shows that someone is flawed. IMO I hope satoshi is dead or never reveals himself. Lets keep the myth of the man in the way we all want him to be.
If satoshi reveals himself, it would be a big news for bitcoin community though and i'm sure many online news will make an article about that and when people read that it will attract more people to use bitcoin. For the bitcoin itself, i think it will affect the price of bitcoin.
Satoshi is NSA or at worse a group of people. The deep multi discipline knowledge to create bitcoin doesn't come in one package very often if ever.
Or.one genius who spent.his entire life on the subjects 
Satoshi is NSA or at worse a group of people. The deep multi discipline knowledge to create bitcoin doesn't come in one package very often if ever.
If he reveals himself? I think satoshi would not do that act because he started this all and he can be put into jail with that or pay tax for what he done, but no one knows what the government will act in that situation. But for me satoshi will not do that act.
I'm sure that if satoshi decides to come up with some ideas, majority of people would agree with him and could make this current debate which has bring tension among bitcoin users come to an end.
it looks like that satoshi is the messiah of bitcoin but that's the fact due to he's the one who has invented bitcoin.
it looks like that satoshi is the messiah of bitcoin but that's the fact due to he's the one who has invented bitcoin.
Yeah. The minute that Satoshi reveals himself to the public, everyone in the Bitcoin world would follow him, and possibly do whatever he says. It will bring unanimity once more to the Bitcoin community and put an end to the scalability issue.
Perhaps, Nakamoto would devise new ways for Bitcoin to scale at a better rate than any of the proposed solutions, or maybe he would go towards supporting Bitcoin Core, as it is not very flawed unlike Bitcoin Unlimited which had some bugs that took nearly half of its nodes.
Overall, the Bitcoin world would be a better place with the help of Satoshi, just like in its early days. I'm confident that Bitcoin's issues will be solved, and make it great again towards reaching mainstream status. Just my opinion.
too bad hes not around anymore in this life(nash).. as otherwise im certain he would have already chimed in on newsgroups.
I'm sure that if satoshi decides to come up with some ideas, majority of people would agree with him and could make this current debate which has bring tension among bitcoin users come to an end.
it looks like that satoshi is the messiah of bitcoin but that's the fact due to he's the one who has invented bitcoin.
it looks like that satoshi is the messiah of bitcoin but that's the fact due to he's the one who has invented bitcoin.
Yeah. The minute that Satoshi reveals himself to the public, everyone in the Bitcoin world would follow him, and possibly do whatever he says. It will bring unanimity once more to the Bitcoin community and put an end to the scalability issue.
Perhaps, Nakamoto would devise new ways for Bitcoin to scale at a better rate than any of the proposed solutions, or maybe he would go towards supporting Bitcoin Core, as it is not very flawed unlike Bitcoin Unlimited which had some bugs that took nearly half of its nodes.
Overall, the Bitcoin world would be a better place with the help of Satoshi, just like in its early days. I'm confident that Bitcoin's issues will be solved, and make it great again towards reaching mainstream status. Just my opinion.
This will be an advanced course that is extraordinary news. people will know who the creator of bitcoin. I think if satoshi is a trusted person bitcoin then the price will increase. while when satoshi is a person who has a bad image, then the price will decline. there will be negative and the positive impact that can not be avoided.
As at today, nobody cares who Satoshi is to the best of my knowledge and we dont even know if he already among us by changing his username so his personal character wont change anything because only few people can know whether he is a good individual or a bad one. And if he decides to show under his real real and people believes he is the real Satoshi, then I believe he will be able to put rest to controversy surrounding bitcoin in recent times...
I am really not sure on the impact of bitcoin price if Satoshi revels himself in the public. But I’m sure he will immediately become the most wanted person and enforcements agencies will try to put him in jail. Because Satoshi has violated one big rule and allowed normal people to have financial freedom which no government will alllow their citizens to have.
Government want to have the power to control the wealth of its citizen and bitcoin actually allowed the people to earn money without the control of the government.
Your analysis is wrong. 100% wrong. Most of the government knows who Satoshi is. Satoshi has not violated the legal rule of any Nation-State government. No government is after Satoshi Nakamoto. Satoshi Nakamoto have been in prison for inventing Bitcoin. He was in prison for 9 days. Not because he did some thing wrong by inventing Bitcoin and Blockchain but he was put in prison by the greedy cypherpunks with a false domestic accusation in order to hijack the Bitcoin project from him. Now Governments is formed by the people for the people. The governments around the world are scapegoat under the plutocratic disorder. Satoshi Nakamoto has come with Bitcoin and Blockchain to liberate the governments from corrupted plutocratic disorder by empowering government with New Justifiable Digital Economic System to work for the people who have voted to form the government to serve the people. Government want to have the power to control the wealth of its citizen and bitcoin actually allowed the people to earn money without the control of the government.
there are some people argue if no satoshi certainly no bitcoin, and of course satoshi have a role in the discovery of bitcoin, but it seems a fact witness is not conducive to a statement about the discovery by Satoshi bitcoin.
for now I think the recognition satoshi about bitcoin, will not have much impact on the development ber bitcoin
for now I think the recognition satoshi about bitcoin, will not have much impact on the development ber bitcoin
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