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Topic: The Founder of Bitcoin - page 5. (Read 1592 times)

member
Activity: 294
Merit: 11
October 05, 2018, 06:59:54 AM
The fact that the founder of Bitcoin appears there is common sense. Then people will learn the history of its creation and increase confidence.
full member
Activity: 560
Merit: 108
October 05, 2018, 06:52:58 AM
As my thought, the founder of bitcoin shouldn't be revealed because it will make he/she/their life is dangerous with the huge bitcoin he/she/they have. Just stay anonymous and don't show up and the bitcoin is still growing up day by day.
sr. member
Activity: 1092
Merit: 284
October 05, 2018, 06:43:58 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?
Without knowing the identity of the inventor of Bitcoin, Bitcoin can grow rapidly even able to survive until now. will become dangerous if Shatoshi reveals his identity, because surely there will be people who do not want this technology to be present and intend to hunt satoshi. And some countries can catch it to reduce bitcoin and crypto markets as a whole.
full member
Activity: 406
Merit: 100
October 05, 2018, 06:51:10 AM
I think that after all it is not one person, but the whole team which is behind this pseudonym. And in general frankly speaking, me in general вe it is equal who and if he wishes to remain an unknown, this his right.
legendary
Activity: 3514
Merit: 1548
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October 05, 2018, 06:35:03 AM
Yes, if the founder of Bitcoin will reveal his identity, it might turn out that such a solution would be good for this market, but this is not true. First of all, revealing his identity, a person is at risk of death, he would become a target for all who wanted to make a profit. which would bring great turmoil to the whole market.
legendary
Activity: 1232
Merit: 1195
October 05, 2018, 06:19:10 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.

He probably does or did want to remain anonymous due to the spotlight that would inevitably be shined on him and all the pressures that come along with that. E-Gold is completely different though. That was a centralized service. Bitcoin is the opposite. Even if Satoshi's identity was known, it's not like they could go after him and try get him to shut bitcoin down because it's just not possible (but maybe he didn't want the stress and hassle of the government even trying). Bitcoin is out there now and I think satoshi just wanted it to become its own thing naturally without any further intervention needed from him.

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 disagree. What's the logic behind him being publicly known helping the development of bitcoin or regulation thereof? I don't see how it would make a difference whether he was known or not, but I can't really see anything positive coming from it. People would attack his character and background, and also probably rely on his opinion too much and who's to say he's even happy with the direction bitcoin has gone in? He may want to steer bitcoin in a direction some are unhappy with, or the state could try put pressure on him to try push it in a way that they favor. I think it's best he just remains as he is as bitcoin is doing okay without him and that's probably how it should be.
newbie
Activity: 27
Merit: 0
October 05, 2018, 06:05:41 AM
One of the biggest mysteries in the technology world is the identity of Satoshi Nakamoto, the computer programmer who invented the digital currency bitcoin.
Experts agree that uncovering Nakamoto's identity could have an immense impact on bitcoin's economics and internal politics.
Nakamoto is believed to possess about five percent of the entire cryptocurrency. Today, that stash is worth over $5 billion.
jr. member
Activity: 434
Merit: 1
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October 05, 2018, 05:34:27 AM
In my opinion, this will not improve the greater development of the cryptocurrency world!  Why?  Because the banal persecution of this person or a group of people will begin. Smiley
full member
Activity: 420
Merit: 100
October 05, 2018, 05:31:43 AM
Yes, bitcoin has the right to life. Exchangers working with the bitcoin for a long time. But to make money on Russian sites is very difficult. Payment is scanty and it is not worth the time spent.
copper member
Activity: 434
Merit: 0
October 05, 2018, 05:28:28 AM
If Satoshi Nakamoto show his identity at that time, than today he might have had to face many kinds of problems.
I think,today many rules would be put on him or he used to make it to the wrong people to use it according to his use. Whether it was prepared or a country could use it all at the same time as its own private property. Then might be direct impact fell on the bitcoin or perhaps it would have ended or its price would have been completely drowned.
On the other hand, if they knows Bitcoin and Blockchain would become so famous in the coming year. And the whole world follow it to adopt this technology, then may be he show his identity and patent this system. Then he could take royalty for whole life and also for his family.
newbie
Activity: 84
Merit: 0
October 05, 2018, 01:48:50 AM
"Satoshi Nakamoto" and the results will lead you straight to image after image of an elderly Asian man. This is Dorian S. Nakamoto, named "Satoshi Nakamoto" at birth. He is almost 70 years old, lives in Los Angeles with his mother, and, as he has reminded people hundreds of times, is not the creator of Bitcoin.
jr. member
Activity: 66
Merit: 1
October 01, 2018, 02:32:27 AM
there's no need of doing anything like that. all that the person wanted was to create a technology that could solve the double spending problem and bring the digital assets dream come true for everyone. if he/she needed fame, it would have happened by now. many ppl love what they do, and this person did the same. what we can learn is that its imp to keep doing things that can support the society and rest everything comes after.
member
Activity: 261
Merit: 10
October 01, 2018, 02:25:50 AM
BTC is a unique digital no Founder or exactly what it is we don't know who is he. Shatoshi Nakamoto is considered the father of the BTC, but that is just the nickname to refer to the creation of the BTC system and Blockchain, but no one knows exactly who he is, in any country. And very difficult to he can reveal his identity because that could be dangerous for him.
jr. member
Activity: 154
Merit: 1
October 01, 2018, 01:36:20 AM
Although the inventor of bitcoin, which is often referred to as Satoshi Nakamoto, has never shown his identity, but I am very grateful to him. People who have contributed to us all, especially fans of bitcoin. Thank you, Mr. Satoshi Nakamoto !!
He has done a lot! it sad that people create fake accounts and try to scam people with his name. The good part is that others who know more about bitcoin , don't fall for scams like that and let others know, especially newbies about the scam! we are a great community.
full member
Activity: 392
Merit: 100
October 01, 2018, 01:05:11 AM
It's true that your opinion should be the identity of someone who found bitcoin to be able to display their identity so that bitcoin will be increasingly known in the eyes of the world.
in my opinion there is no need to reveal the identity of the founder of bitcoin, only to make bitcoin increasingly popular, because with anonymity the founder of bitcoin bitcoin has become very popular and has more and more users.
member
Activity: 673
Merit: 10
October 01, 2018, 12:54:17 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?

I really agree with this, bitcoin must be accounted for at this time because this has become the largest and most influential virtual currency in the world. So this group of companies must be truly organized and regulated by the world. the world and benefits from use of bitcoin anywhere.
sr. member
Activity: 1512
Merit: 316
October 01, 2018, 12:05:59 AM
All we know that the founder of bitcoin is Satoshi Nakamoto but it is still unknown to us that he is trully the first person who discovered bitcoin or there is other person that has been adopted through his believe but actually not .

Now it seems that it will always be hidden identity and no one will know who is Satoshi. Whether a male or female or a organization etc. This will remain the mystery itself. But whoever it may be has bought the new revolution in the crypto currency .
newbie
Activity: 26
Merit: 1
October 01, 2018, 12:02:54 AM
Founding the founder will not be good for his life and for the existence of bitcoin. I believe that Satoshi Nakamoto is always interested in every bitcoin development and he will consistently not admit that he is a bitcoin maker at all.
full member
Activity: 364
Merit: 100
September 29, 2018, 11:11:09 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?
I think Satoshi Nakamoto is the name of the inventor of Bitcoin, but he didn't make it himself, I'm sure he has a great team that doesn't want his identity known. In my opinion, it's better to remain Anonymous. because many will hunt down the system and will become individual property if satoshi is found. if it has become an individual property it will be very expensive to be able to have Crypto.
sr. member
Activity: 644
Merit: 259
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September 29, 2018, 11:03:27 AM
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.
I bet that should he reveal himself, the country which he resides in would want to claim a lot of money from him because of taxation since he most definitely have a lot of Bitcoins in his wallet.
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