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Topic: The Founder of Bitcoin - page 2. (Read 1564 times)

hero member
Activity: 1358
Merit: 538
dont be greedy
November 04, 2018, 08:41:00 PM
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.

absolutely right, if someone named Satoshi Nakamoto publishes his identity with strong evidence that he is the creator of bitcoin, then I think this is actually a terrible threat to the existence of bitcoin itself
and also, all family members of Satoshi Nakamoto might be targeted by organizations planning something harmful
full member
Activity: 616
Merit: 100
November 04, 2018, 08:12:14 PM
from the beginning the founder of bitcoin is not give their full identity, the clue is his name is Satoshi Nakamoto, but nobody dont know about him, what is the essence of making bitcoin, what what is his main purpose
jr. member
Activity: 182
Merit: 1
EndChain - Complete Logistical Solution
November 04, 2018, 08:05:19 PM
surely this would greatly draw interest in Bitcoin from the media and we would see another influx of invsetors to the market. I personally think that this would have a very positive effect on the market.
sr. member
Activity: 1056
Merit: 251
November 04, 2018, 06:35:42 PM
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?

I think that as soon as this person reveals his identity, his life will change dramatically. And he certainly does not want to, if he used to work in a quiet atmosphere for the benefit of all mankind. Media interviews and government interventions will begin. That's not very pleasant. Plus, it seems to me that the developer is not alone - bitcoin certainly came up with a whole team of people. To do this in one person-you just need to be a genius.
sr. member
Activity: 2828
Merit: 357
Eloncoin.org - Mars, here we come!
November 02, 2018, 07:34:40 PM
I think it is fine for Satoshi to keep hid identity concealed. Bitcoin did well after a decade of us not knowing who he really is. His identity not being revealed did not hamper the development of bitcoin, we saw that bitcoin kept progressing even without the founder at sight. And the future of bitcoin ain't going bleak as well. So for me it is not necessary that Satoshi reveal his true identity.

I mean Satoshi disappearing added some "popularity" on bitcoin so I think its also one reason why its becoming a household name and even attracted a lot of media attentions. If you will search for his name in the web, you will find countless theories about the man. And just like you said, we have marched towards a decade without him, so its good if we will leave it just like that.
hero member
Activity: 924
Merit: 505
November 02, 2018, 07:28:13 PM
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?
I think its better to still anonymous who is the founder of bitcoin for his own protection. Bitcoin now are really good digital currency and its better to keep safe for his/ her own  good.
full member
Activity: 476
Merit: 100
November 02, 2018, 06:50:33 PM
If Satoshi is alive and free, he should remain hidden and safe. He can use his Bitcoins and live a wonderful life! There is no sense in making himself known to the public because it would be like suicide! The CIA, NBI, etc. will surely make their way to him once he goes public. Stay anonymous...it worked for a decade and it should work for more to come.
member
Activity: 209
Merit: 12
November 02, 2018, 06:02:56 PM

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.
I definitely agree with you. Satoshi thought of all of the possible cons and believed that in order to introduce a decentralized system, revealing his identity will not be very necessary. The unknown nature of the identity of Satoshi is the best decision made by him. His identity is not needed, people need to look at the idea behind the creation of bitcoin not the identity of the creator of the coin
sr. member
Activity: 1624
Merit: 315
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November 02, 2018, 04:07:45 PM
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?
Yes, you do have the point on that and many people also relies on the credibility of this type of currency depending on the people or person who have founded it if he is credible enough to put their trusts on or not. But on the part of the founder, maybe his main concern is not to totally reward or credit himself on doing such thing that is why he is keep his identity to be anonymous until this point of time. Sort of, privacy is his main concern for the fact thar whenever this type of currency goes into a sudden dump or a little bit of trouble due to blames on such cases like hacks or betrayals of anonymous people fooling other for their own sake, his quiet life might be put into danger and might be mess up due to a lots of questioning by many people around the world.
sr. member
Activity: 2002
Merit: 250
November 02, 2018, 04:00:46 PM
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?
Satoshi did this of course with consideration and good reasons, and not everyone can understand this mystery, but what is clear is that everything is done for the development of bitcoin itself so that it remains decentralized without the involvement of certain parties.
member
Activity: 196
Merit: 10
November 02, 2018, 03:01:38 PM
These last few months I've tried to read all the information I could about Satoshi, since his creation, bitcoin, seems to be simply amazing, and I think it will revolutionize the world, from what I've read, I think his reason for disappearing, was that the project was becoming very dependent on him, many collaborators saw him as a deity, and they didn't make any movement without his approval, so I think from their point of view, the project was centralizing, which was against their own philosophy.
sr. member
Activity: 644
Merit: 257
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November 02, 2018, 08:45:01 AM
I think it is too dangerous for Satoshi Nakamoto to reveal it's self.
I guess he/she is happy and contented with the life he/she have now,
Peaceful and quiet no media or anything to bother them including his/her family of course.
member
Activity: 574
Merit: 13
November 02, 2018, 06:22:21 AM
When the creator associated with Bitcoin discharge their Identification at the moment, might end up being in order to their drawback because federal government internationally with the global financial institution may police arrest him or her being a person developing a foreign currency with no authorization, plan as well as legislation permitting the actual development associated with this kind of foreign currency prior to this is often carried out, Personally I think this may be considered the main reason he's hibernating all of this many years.
newbie
Activity: 112
Merit: 0
November 02, 2018, 06:15:49 AM
I'm not sure how true it is but apparently, a certain Australian entrepreneur named Craig Wright had claimed in 2016 that he is Satoshi Nakamoto, the founder of Bitcoin. He had even shown evidences that he launched the currency back in 2009. https://www.bbc.com/news/av/uk-36185280/bitcoin-creator-reveals-his-identity
If it was indeed true, I don't think it made any difference anyway.
full member
Activity: 184
Merit: 100
Bitcoin FTW!
November 02, 2018, 12:06:03 AM
Many believed that the inventor of Bitcoin wants to remain anonymous to avoid legal consequences
many believes in reptalians and that elvis is still alive
noone knows who creator of bitcoin is, it could be NSA, it could be group of people or one individual, who cares? its technological revolution, that matters the most
member
Activity: 322
Merit: 10
╔►[FILIPINO Translator]◄╝
November 01, 2018, 09:44:57 PM
Claims about revealing their identities as Satoschi Nakamoto is already emerged a couple of times already. But i think it's irrelevant to know who Satoshi Nakamoto is. What's my concern is that the creator should do something new to improve bitcoin and its blockchain system.
full member
Activity: 518
Merit: 101
November 01, 2018, 09:11:47 PM
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 I were the creator of Bitcoin, I will surely remain unknown. Keeping my identity will be the best thing to do. I wouldn't want the authorities to be knockin' on my door every once in a while. I wouldn't want to carry to whole crypto space on my shoulder having thousands depending on me. I wouldn't want to put my life on the line! Exposing my identity to the public will be a life sentence on me and my loved ones for sure. These "men in black" will surely find a way to get hold of me and drag me into one of their bunkers. So, do you still think it would be wise for Satoshi to reveal himself to the public?
full member
Activity: 688
Merit: 106
November 01, 2018, 10:21:41 AM
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?
As of now the founder of bitcoin is still unknown and many people want to know who he/she is. Even Satoshi Nakamoto is still unknown many people already claim they are the creator of bitcoin. I think once Satoshi Nakamoto reveal himself it will have a good impact in bitcoin community and in bitcoin industry.
member
Activity: 252
Merit: 10
October 17, 2018, 10:22:08 PM
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?
The founder of bitcoin I think this is not good ice to know the founder of the bitcoin .every people have a private matter if it is a private no one dares to know his/her private life his/her private I to remain anonymous to everyone . we didn't know that what will happen if he/she reveal his/her identity .
sr. member
Activity: 882
Merit: 258
★Bitvest.io★ Play Plinko or Invest!
October 17, 2018, 07:39:26 PM
The founder of bitcoin is clever and genius that he make this awesome idea. I deeply think how he create bitcoin and now becomes popular of some countries. And about his identity, I am satisfied that I know his name thats it, no more arguements.Smiley
This is a huge mystery that has not been solved to this day about the existence of Satoshi Nakamoto the founder of Bitcoin. But in my opinion this is a super success in this century that is creating a Blockchain and Bitcoin technology to make it easier for everyone to transact. The existence of a bitcoin founder I prefer to always be anonymous, this shows that the founder of bitcoin really understands that he is better off hiding from the big heart.
I agree because as we know that every lives of those famous people are not slways safe because there will be threat on it. Satoshi Nakamoto made this bitcoin and unexpectedly become famous and  useful all over the world. It already helps so many people.
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