Topic: The Founder of Bitcoin - page 11. (Read 1605 times)
There is no need for Satoshi to reveal his Identity, as many factors may play against him but not the bitcoin, as to why he invented something that is beyond the control of the government and a threat to a centralized system. As we write, bitcoin has gone beyond Satoshi himself. There is certainly nothing he can do about the bitcoin network now, as the control of the entirely network is not resting on any sole body or person. So staying anonymous is okay. Lets stop and think for a moment: "The name Satoshi Nakamota is more of a mystery than one could easily decode". It's just like the author of "The Mafia Manager" called the V, who is reputed to keeping a several residence, and whose present residence is a guided secret.
On the other hand, I think it would be better if the founder of Bitcoin will reveal his identity since many countries recognized the essence of this cryptocurrency.
If this might happen, it will contribute for more development of digital currency and regulations in Bitcoin procedures. Also, the acknowledgement must be given for the person who invented the most efficient digital currency in our society.
What are your thoughts?
You're only looking at the bright side, you have to look at the cons too when someone like Satoshi suddenly reveals his/her/their identity. If Satoshi decides to show up, his life will be more riskier than usual knowing that he has a lot of Bitcoin in his wallet. This would put more pressure on Bitcoin now that people knows he's out there. Some could even hunt him down like the government and force him to do things that would destroy Bitcoin. It's best for him to not reveal his identity and if he wants to develop Bitcoin he could just use a different alias. If this might happen, it will contribute for more development of digital currency and regulations in Bitcoin procedures. Also, the acknowledgement must be given for the person who invented the most efficient digital currency in our society.
What are your thoughts?
Many believed that the inventor of Bitcoin wants to remain anonymous to avoid legal consequences as what happened during 2007 about E-Gold, one of the first digital money (Bernard, 2017). On the other hand, I think it would be better if the founder of Bitcoin will reveal his identity since many countries recognized the essence of this cryptocurrency.
If this might happen, it will contribute for more development of digital currency and regulations in Bitcoin procedures. Also, the acknowledgement must be given for the person who invented the most efficient digital currency in our society.
What are your thoughts?
If this might happen, it will contribute for more development of digital currency and regulations in Bitcoin procedures. Also, the acknowledgement must be given for the person who invented the most efficient digital currency in our society.
What are your thoughts?
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