Topic: The real enemy of bitcoin - page 2. (Read 1977 times)

It is not important to know the identity of Satoshi Nakamoto because we know that Bitcoin is a decentralized currency with no regulator. Moreover, Bitcoin is completely independent and does not require any privacy. But if someone makes a mistake in holding it is due to his personal mistake.

I think it has no enemies. If we lose Bitcoin due to our inadequacy of knowledge, we have no chance to call Bitcoin enemies but ourselves to blame. Bitcoin has no enemies. It runs independently. No one has seen or been able to identify Satoshi with certainty. If for some reason Satoshi's identity is revealed, then there is no problem with Bitcoin. In that case most provably Bitcoin price will be bearish for long time and that can effect on Bitcoin price only.

We might think that Satoshi is just a person but the world Satoshi might be a name for a group of programmers that initiated the establishment of blockchain and Bitcoin in particular. Those things we don't know is far bigger than what we know so we shouldn't just assume that the name "Satoshi  Nakamoto" is for a single person. If Satoshi Nakamoto is eventually exposed, this will affect the general crypto market include all the altcoins in the market because investors would have to sell all there assets because of the fear that the crypto market is going to collapse. There is more to what we already know about Satoshi which can never be disclosed to the general public.

Satoshi may not be someone we are thinking of him to be ,Even if we agree that the identity of Satoshi today to be revealed to the whole world, there's a possibility that it could be very dangerous for him or the Bitcoin privacy , there's stil a possibility that Satoshi has nothing to do with bitcoin security and privacy.

Privacy on the sense that you could be able to get a hold of your funds without needing any service or centralized platform on which this is really that totally that could be also considered to be anonymous too on which we know that addresses couldnt really be able to exposed on that owners identity but we do know that every transactions on chain could really be able to see on which this will really be that resulting on having that kind of tracing and on the moment or time that those coins been passed into any centralized platform and if it happens that the account is really that verified then this is the moment that it will really be that traced out on whose the owner of the said coin. This is where it is really that called pseudonymous because its not really that totally cant be tracked or simply being anonymous. There's really that fine line in between those words and thats why it cant be considered out completely. It will really be just that depending on a certain individual on how to deal up with things accordingly or according or depending on the need.
It will really be just that important that you should really be that knowing on how it works and on what are the potential exposure of your identity once you do touch up these centralized platforms.
ITs something inevitable on using up exchagers or any services that able to ask for some verification from converion of your crypto into fiat.

I think the intrest will even come before any other thing then after having intrest then you can start investing a lot of people don't bother when it comes to investing, the technology is exceptional and it looks pretty okay for people with zero business idea to invest in, has far as you can be patient enough then their is no issue, then you are okay and ready to invest because their is a lot of factor that is discouraging people from investing into bitcoin and that is because they don't have the right knowledge, when they have the right idea then they will be able to do the right thing.


Satoshi identity is not somthing that people are suppose to be worrying about because the main thing to focus on is not more than the investment it self but people are curious and I don't know why because, satoshi is not suppose to be their problem, and I love the fact that satoshi is unknown because their would have been a lot of problems by now actually.

I am not confusing anything. BTC is not a privacy coin, there is no privacy at the protocol level and privacy can only be achieved when you use privacy solutions and run your own node.

The feature you are talking about fits better with decentralization and censorship resistance, were you are your own bank and control your own funds without any help from a third party or central authority.

Bitcoin is private towards its arrangement. Why do we always make Bitcoin as priority in the space? Probably because it cause traffic in the space and have become an essential means of making down hugs gains for traders, investors that are well acquainted with the space. Cryptocurrency is the real picture of the world because it inculcate very important piece of information that would transform the world today. We've encountered top projects that are placed on stable features that will either drain us or makes us smile at the end. Bitcoin is important for an investor in the space because it's the top project available. It brings so much key values to portfolio because it's very tactical changes.

this is one of the things that get me confused about people who claim to be in satoshi nakamoto so if those people somebody address them as satoshi nakamoto what will be the benefit can them solve the problem of Bitcoin if everyone accept them as a satoshi who is the founder of Bitcoin so I don't know why some people always act strange even some people correctly want to be like Satoshi, I don't know what they have in mind to claim so, for me theirs no benefit to bear a name of someone you don't know and I have seen the reason why people want to know satoshi, so the disappearance of satoshi is what kept bitcoin valid

By using transactions normally, it will probably be public and easy to track.
But of course, by using the Mixer platform on Bitcoin transactions, it will better disguise transactions with thousands of random transactions so that it will not be easy to track, so that the anonymity of the Bitcoin owner can still be disguised. 

Yes, that's actually what is called Privacy, there is no interference from a third party over the management of the digital assets we have on Bitcoin.
A wallet that we make ourselves with the key that we hold without anyone but the owner of the key can open it.
Decentralized, Your Wallet is your coins and only you can manage it.

You are confusing privacy with anonymity.

Bitcoin indeed is a privacy coin. But that does not mean it is going to be an anonymity coin, since every transaction is public and traceable.

What privacy means is that you can hold Bitcoin in your own private wallet, without a third party having access or control over any part of it.

Even if we agree that the identity of Satoshi today be revealed to the world, that has nothing to do with bitcoin security and privacy, as long as the network works in consensus together with its protocols, no glitches and no regret because of the immutability found in bitcoin network with the use of the blockchain technology, bitcoin has all we want regarding privacy and this does not only include the financial economy we deals with, but how we have our own personal information being secured with the network.

Why can't real Bitcoiners have time to search for to know who Satoshi is? Does being a real Bitcoin mean that you are occupied 24/7? And how long is gonna search take? 1 year? It's one minute job.
The real enemies of Bitcoin are those who want to take away decentralization from it, those who want to censorship it.

Privacy is the core feature of Monero, not Bitcoin. Your privacy can be compromised if you use Bitcoin, blockchain analysis is way more advanced today than it was a decade ago. Bitcoin was created to offer P2P payment, without relying on 3rd parties. Bitcoin's core feature is also centralization.

What privacy? Bitcoin doesn't have any privacy features. Unless I'm missing something? Satoshi's identity is anonymous for a reason. He wanted to protect Bitcoin from the government. Exposing the identity of Bitcoin's creator would bring many risks to the longevity of the project. At least in the early days. If Satoshi was revealed back then, governments would've easily prosecuted him until they force him to shut down Bitcoin for good. Now that it's widespread enough around the world (distributed and decentralized), this would be nothing more than impossible.

At this point, I would assume Satoshi is nothing but dead. Let's just focus on what matters most. And that's helping scale Bitcoin towards millions of people worldwide. Tackling volatility and scaling issues should be the #1 priority of the community. Not uncovering Satoshi's identity. The media only wants to bring unwanted attention. We would be stupid enough to fall into this scheme. Unless Satoshi's identity is proven with a transaction on the Blockchain (or the signing of Satoshi's original Bitcoin addresses), everything else would be nothing but pure BS.

For the fact that Satoshi is unknown up till date shouldn't demonstrate or represent fear amongst Bitcoin users.Its clearly all over that Bitcoin doesn't need Satoshi's presence to function or normalize transactions.Bitcoin and Satoshi are two different things pertaining to Bitcoin already.However,the focus should be laid on initiating and promoting the real gains in Bitcoin.All of these things were mentioned beforehand there's also no need to Regret or harbor hatred against anyone.

Bitcoin privacy and Satoshi's identity are two different things. Bitcoin privacy itself is a core feature that is built into the protocol and it cannot be compromised, even if someone manages to crack Satoshi's identity (which is quite impossible). Moreover, people who want to try to crack Bitcoin's identity are not Bitcoin's enemies, because it is human nature to be curious about everything, but whether they succeed in cracking it or not is another matter, and it seems that it will only waste their time.

people will always ask a question like "who satoshi is?"? or "who own those bitcoin addresses?" in an attempt to fit bitcoin into the traditional models of ownership and control. But that's precisely the point- Bitcoin doesn't have a leader
or a central owner. It belongs to everyone and no one at the same time.
it's all started with the message that satoshi embedded in the very first block of bitcoin; "The times 03/jan/2009 chancellor on brink of second bailout for banks" this mighty a clue that central banks and government are the only enemy of bitcoin from starting who doesn't want to change the old traditional fiat system.

Exactly. Does it really matter getting to know the real identity of Bitcoin's creator? Like I've said before, there are other important things to focus on. At this point, I assume Satoshi is already dead. Why? Because it's been 13 years since his departure from the project, with no signs of activity on the Blockchain. His coins are dormant since the last time they were mined. With such high market prices, don't you think Satoshi would've cashed out by now? Or at least donate his holdings to a charity?

Even if Satoshi's identity is revealed, the only proof he's "the guy" would be signing off a message using one of his early BTC addresses. Craig failed to do it, telling us he's none other than a con artist. I'm afraid the media will keep guessing Satoshi's identity until Bitcoin is no longer a thing. What do we have to worry about?, anyways

What do they want to know Satoshi for? Anyone who wants to know more about Satoshi before believing Bitcoin is not ready to invest and can't be a member of those who know much about cryptocurrency, bitcoin is not just an investment, it is another way of planning your future, I don't think those who want to Reveal Satoshi identity are people who are interested in bitcoin, they just want the world to know about Satoshi so that some people won't trust Satoshi, the reason why I said that is because if some of us know who Satoshi is some of us will have be planning something bad that we did not even expect.

If anyone wants to see Satoshi before believing in Bitcoin means the person is not ready, when you trust what you are doing you will never worry about or doubt it, I know it is risky to believe who you have not seen before but what we need to know is that bitcoin has been introducing to the world now is more than 10 year's, something that is more than 10 year's and no one has complained about it how can't you trust it, is it not by force to invest in bitcoin, if you have a mind to buy bitcoin it is a choice.

I want to believe that everything is fine with this person (team). If so, then they are doing the right thing by not revealing themselves, as this will lead to sad consequences for the entire Bitcoin network. I have no doubt about that. There will always be bad people who will harm this technology. Let everything remain as it is at this point in time. Do we have the opportunity to discuss this? Yes, and thank you very much for that.

And it's also because just of how much he would be bombarded with different questions/accusations
Better yet to think that he is fine, well, and has a peaceful life after what he achieved.