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Topic: The real enemy of bitcoin - page 5. (Read 1977 times)

jr. member
Activity: 70
Merit: 1
October 22, 2024, 01:03:52 AM
#89
I see those who are desperate to know who Satoshi is and to reveal his identity as the real enemy of bitcoin. Real bitcoiners don't have that time to go for a search to know who Satoshi is. Bitcoiner are much interested to invest bitcoin and they understand what privacy is all about. What will be the gain if you reveal who Satoshi is? It means you want the privacy of bitcoin to be reveal too.
Ever since I learned about Bitcoin, I know that Satoshi is the inventor of Bitcoin, he invented Bitcoin. But I have little interest in knowing about Satoshi, and I do not need to know whether he is the enemy of many. But I always think Satosh has no enemies. But he invented Bitcoin which I admire. As a result of his discovery, the world is going to benefit a lot today. Many attempts are being made to find Satoshi, which I don't know if it will ever be successful, but if it is possible to find Satoshi, the privacy of Bitcoin will not decrease, Bitcoin will continue at its own pace.

Enemies of Satoshi would be those who would try to discredit BTC by trying to conduct some kinds of interviews with him or just to find the "root" of the crypto to make something out from him/ to the point of something devious from the govs/ higher entities just to able to control "the face" of it all, the biggest and the greater of them all. That's how I see it.
sr. member
Activity: 364
Merit: 195
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October 22, 2024, 12:58:34 AM
#88
I see those who are desperate to know who Satoshi is and to reveal his identity as the real enemy of bitcoin. Real bitcoiners don't have that time to go for a search to know who Satoshi is. Bitcoiner are much interested to invest bitcoin and they understand what privacy is all about. What will be the gain if you reveal who Satoshi is? It means you want the privacy of bitcoin to be reveal too.
Ever since I learned about Bitcoin, I know that Satoshi is the inventor of Bitcoin, he invented Bitcoin. But I have little interest in knowing about Satoshi, and I do not need to know whether he is the enemy of many. But I always think Satosh has no enemies. But he invented Bitcoin which I admire. As a result of his discovery, the world is going to benefit a lot today. Many attempts are being made to find Satoshi, which I don't know if it will ever be successful, but if it is possible to find Satoshi, the privacy of Bitcoin will not decrease, Bitcoin will continue at its own pace.
copper member
Activity: 168
Merit: 4
October 22, 2024, 12:20:28 AM
#87
I see those who are desperate to know who Satoshi is and to reveal his identity as the real enemy of bitcoin. Real bitcoiners don't have that time to go for a search to know who Satoshi is. Bitcoiner are much interested to invest bitcoin and they understand what privacy is all about. What will be the gain if you reveal who Satoshi is? It means you want the privacy of bitcoin to be reveal too.

We call Satoshi as the father of bitcoin, but we don't know who is the original father of bitcoin, but the real father of bitcoin is drowned. So we will not think about it, we will mainly think about Bitcoin holding, how we will do Bitcoin holding and how to keep Bitcoin holding alive. 
Since we are Bitcoin holders, holdings are the most important thing for us to think about, so we don't have to worry about the origin of Bitcoin.

And even if we knew who he is, it wouldn't change things for us in the slightest.
Thus, why bother?  Roll Eyes Just learn about crypto, BTC, and what you are passionate about and keep moving on.
legendary
Activity: 1974
Merit: 1108
Free Free Palestine
October 22, 2024, 12:04:03 AM
#86

Yes you really will not make other bitcoin holders go bankrupt if he sells it, after all I think 1 million BTC is the right of him who can be considered a reward for his very great discovery, but for trade events will definitely panic, but I believe enough that he Will not sell it at once and will not enjoy it for his own life, charity and Bitcoin development will be much more noticed, and even then if he is still alive and will appear, yes I believe that he does not have access to control bitcoin even though he returns.

There is no guarantee that if he were alive he would not sell those bitcoins but does it matter? It's his bitcoin and he can do whatever he wants with it. I find it confusing that people own bitcoin and sell it when the price goes up but they are afraid of Satoshi or whales selling bitcoin. I think that is a bit selfish, IMO.

Agreed that if a large amount of bitcoins were sold into the market, the price would drop sharply but that's how the financial markets work. Is there any market that doesn't get dumped and panicked when whales dump large amounts of assets? If we truly believe in bitcoin, we know that it will absorb any selling pressure and recover over time, there is nothing too serious about whales selling their bitcoins even if it is satoshi's bitcoins.

Satoshi created bitcoin but he cannot modify bitcoin because he gave control of bitcoin to the community, so his presence will not change anything.
sr. member
Activity: 672
Merit: 337
October 21, 2024, 11:44:38 PM
#85
I see those who are desperate to know who Satoshi is and to reveal his identity as the real enemy of bitcoin. Real bitcoiners don't have that time to go for a search to know who Satoshi is. Bitcoiner are much interested to invest bitcoin and they understand what privacy is all about. What will be the gain if you reveal who Satoshi is? It means you want the privacy of bitcoin to be reveal too.

We call Satoshi as the father of bitcoin, but we don't know who is the original father of bitcoin, but the real father of bitcoin is drowned. So we will not think about it, we will mainly think about Bitcoin holding, how we will do Bitcoin holding and how to keep Bitcoin holding alive. 
Since we are Bitcoin holders, holdings are the most important thing for us to think about, so we don't have to worry about the origin of Bitcoin.
hero member
Activity: 1778
Merit: 746
October 21, 2024, 10:55:59 PM
#84
Yes you really will not make other bitcoin holders go bankrupt if he sells it, after all I think 1 million BTC is the right of him who can be considered a reward for his very great discovery, but for trade events will definitely panic, but I believe enough that he Will not sell it at once and will not enjoy it for his own life, charity and Bitcoin development will be much more noticed, and even then if he is still alive and will appear, yes I believe that he does not have access to control bitcoin even though he returns.
For market growth, it may have a slight effect on 1 million bitcoins being traded in the near future but it will not affect the long-term journey. Like the Pope who tries to play the market with the supply and demand process so that the price of bitcoin can go up or down. Maybe he will not trade the bitcoin he owns because he is no longer active and of course it will be a bitcoin asset that will be stored.

If other holders are said to be bankrupt, it would be quite strange because now we can see that there are many people or companies that hold large amounts of the bitcoin assets they own. But the fact is that this does not happen and in fact most people who hold bitcoin are growing in financial freedom.
legendary
Activity: 1204
Merit: 1005
October 21, 2024, 10:30:25 AM
#83
I see those who are desperate to know who Satoshi is and to reveal his identity as the real enemy of bitcoin. Real bitcoiners don't have that time to go for a search to know who Satoshi is. Bitcoiner are much interested to invest bitcoin and they understand what privacy is all about. What will be the gain if you reveal who Satoshi is? It means you want the privacy of bitcoin to be reveal too.
Bitcoin's privacy has nothing to do with Satoshi's privacy, so if Satoshi reveals himself I don't think it will be easy to find out how Bitcaoin will be known by its owner personally, the advantage for me knowing Satoshi is, knowing the form that has a revolutionary discovery of this P2P financial system, seeing the figure of the Blockchain inventor is a gift like we see scientific figures with their discoveries for human development, what is expected more than that?
sr. member
Activity: 672
Merit: 353
October 21, 2024, 10:03:47 AM
#82
I see those who are desperate to know who Satoshi is and to reveal his identity as the real enemy of bitcoin. Real bitcoiners don't have that time to go for a search to know who Satoshi is. Bitcoiner are much interested to invest bitcoin and they understand what privacy is all about. What will be the gain if you reveal who Satoshi is? It means you want the privacy of bitcoin to be reveal too.

Revealing the creator of this technology will not change anything about Bitcoin. Someone who is looking for a way to know the creator of bitcoin is not an enemy, and I can’t see that person as an enemy to bitcoin; to me, he’s just trying to know who created the currency he invested in or the currency he heard about, so that should not be the reason why we will see that person as an enemy to bitcoin. I don’t think there is anything bad with that. So, OP, don’t get it wrong. Someone who is trying to know the identity of Satoshi may be a lover of bitcoin more than you even think. The person is just trying to know Satoshi. 
member
Activity: 168
Merit: 24
OrangeFren.com
October 21, 2024, 07:14:14 AM
#81
I'm trying to know the identity of Satoshi, meaning I'm the enemy of bitcoin,  trying to find out someone identity mean you like the person or you want to know the original of the person for future purpose, if you view what Satoshi has done and the reason why he or she remain anonymous, you will not call those who are trying to know the identity of Satoshi enemy of bitcoin. Do you know many government has banned bitcoins from their countries? Yes, I have seen, they are the real enemies of bitcoin because they thought bitcoin will take over their fiat position which is not the reason Satoshi the founder of bitcoin created it.
hero member
Activity: 1400
Merit: 674
October 21, 2024, 05:55:36 AM
#80
Yes, something will definitely happen, just like Satoshi will get a Nobel Prize for inventing a new system that is very smart transparent and decentralized, of course it is a valuable discovery for all time.
But the jug fear will definitely happen, because he has a lot of bitcoins in his wallet that can even flatten bitcoin holders.
But is it the enemy of bitcoin is very silly to say the inventor of bitcoin is the real enemy of bitcoin? I will not say it, because even he returns he will not be able to do anything against the existing system on bitcoin other than selling coins he owns because it is completely decentralized.
That is the hope that might be given to Satoshi but can he keep himself safe after his identity is revealed. There is no need to worry about the 1 million bitcoins he has because even though it can affect the market, it will not make other bitcoin holders have to go bankrupt. Bitcoin holders are getting smarter and they understand the current state of bitcoin so whatever happens they will definitely benefit except for those who are new to bitcoin.

There are various narratives that people try to create including saying that the enemy of bitcoin is the person who created it. This is not in line with what he has done and even Satoshi himself does not have access to fully control bitcoin for the processes that occur in the market.
Yes you really will not make other bitcoin holders go bankrupt if he sells it, after all I think 1 million BTC is the right of him who can be considered a reward for his very great discovery, but for trade events will definitely panic, but I believe enough that he Will not sell it at once and will not enjoy it for his own life, charity and Bitcoin development will be much more noticed, and even then if he is still alive and will appear, yes I believe that he does not have access to control bitcoin even though he returns.
hero member
Activity: 2352
Merit: 905
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October 21, 2024, 04:38:47 AM
#79
I see those who are desperate to know who Satoshi is and to reveal his identity as the real enemy of bitcoin. Real bitcoiners don't have that time to go for a search to know who Satoshi is. Bitcoiner are much interested to invest bitcoin and they understand what privacy is all about. What will be the gain if you reveal who Satoshi is? It means you want the privacy of bitcoin to be reveal too.
Those, who want to know Satoshi's identity, aren't enemies of Bitcoin. This is natural, we want to know who Satoshi is, who created this masterpiece, and we want to see his face. Humans want to know who is behind the mask of a superhero.
The real enemies of Bitcoin are those who want to centralize the system. Those big mining corporations, that made mining a corporate business are the enemy of Bitcoin. Those centralized exchanges, that try to centralize the Bitcoin exchange system and fight against decentralized exchanges, are the real enemies of Bitcoin. People who try to make bitcoin non-fungible and try to make money from inscribing ordinals, are the real enemies of Bitcoin.
sr. member
Activity: 560
Merit: 432
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October 21, 2024, 03:57:31 AM
#78
I see those who are desperate to know who Satoshi is and to reveal his identity as the real enemy of bitcoin. Real bitcoiners don't have that time to go for a search to know who Satoshi is. Bitcoiner are much interested to invest bitcoin and they understand what privacy is all about. What will be the gain if you reveal who Satoshi is? It means you want the privacy of bitcoin to be reveal too.

We should not also consider those who are very curious to know who the figure of Satoshi is an enemy. Seminally the curiosity of curiosity who I have also asked as a form of admiration for his extraordinary work that has made a world financial system with full freedom.
The creation of Bitcoin provides freedom and privacy maintained even though not a few parties who do not like the Bitcoin system.

Bitcoin privacy will not be reduced when Satoshi's identity is revealed.
legendary
Activity: 3220
Merit: 1363
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October 21, 2024, 02:58:23 AM
#77
I see those who are desperate to know who Satoshi is and to reveal his identity as the real enemy of bitcoin. Real bitcoiners don't have that time to go for a search to know who Satoshi is. Bitcoiner are much interested to invest bitcoin and they understand what privacy is all about. What will be the gain if you reveal who Satoshi is? It means you want the privacy of bitcoin to be reveal too.

No, brother. The REAL enemy of Bitcoin is the government. They always come up with obstacles to prevent the masses from using it on top of Fiat. Even countries that opened their arms to it (eg: USA), are devising strict regulations to make our lives harder. They tax it and let you use it, but with limitations/restrictions. It's this reason why Bitcoin hasn't been able to "fix the world".

The public's perception of BTC has changed from being used as a currency to being hoarded as the next "digital Gold". All with the hopes of getting rich quick. Now institutional giants (Wall Street) like BlackRock and VanEck are deep in the game. There will be more centralization until CBDCs come in and make Bitcoin a thing of the past. Of course, BTC will survive because of its decentralized nature. But it will become a niche, used only by a few (libertarians, crypto/tech enthusiasts, academics, etc). At least, that's how I see it. Hope I'm wrong, and BTC manages to decentralize the economy after all. Smiley
sr. member
Activity: 574
Merit: 310
October 21, 2024, 12:59:06 AM
#76
I see those who are desperate to know who Satoshi is and to reveal his identity as the real enemy of bitcoin. Real bitcoiners don't have that time to go for a search to know who Satoshi is. Bitcoiner are much interested to invest bitcoin and they understand what privacy is all about. What will be the gain if you reveal who Satoshi is? It means you want the privacy of bitcoin to be reveal too.

People searching for the identity of Bitcoin founder are only doing that because it'll help their show become more popular, I think they're being sponsored amd since they realized that so many people are more interested in who Satoshi is hence they're trying to get the audience to tune into their shows and give them good ratings as they watch what they have to offer. No doubts that they're the enemies of the growth of Bitcoin but I don't think we should pay too many attention as this could be a distraction for people to sell their Bitcoin and the whales move in to buy all as we anticipated the bull market that's upon us. Fake Bitcoiners are the ones that care who the identity of the founder is but the Real Bitcoiners don't because they understand that the strength of Bitcoin is because it's a decentralized cryptocurrency and not a centralised one that can be controlled by the feds as fiats are.
hero member
Activity: 1148
Merit: 576
October 20, 2024, 11:49:21 PM
#75
I see those who are desperate to know who Satoshi is and to reveal his identity as the real enemy of bitcoin. Real bitcoiners don't have that time to go for a search to know who Satoshi is. Bitcoiner are much interested to invest bitcoin and they understand what privacy is all about. What will be the gain if you reveal who Satoshi is? It means you want the privacy of bitcoin to be reveal too.
Stop! What nonsense are you writing about investors not having time to look for information? How so? This is the main task when investing. Collecting and analyzing information to successfully choose a good entry point into a position. I don't think it takes that much time. There will definitely be time left to develop in other areas.

I don't really care who Satoshi is. I want to express my deep gratitude to this person or the project team for inventing and creating such a product that has proven itself all over the world.
hero member
Activity: 1778
Merit: 746
October 20, 2024, 10:55:24 PM
#74
Yes, something will definitely happen, just like Satoshi will get a Nobel Prize for inventing a new system that is very smart transparent and decentralized, of course it is a valuable discovery for all time.
But the jug fear will definitely happen, because he has a lot of bitcoins in his wallet that can even flatten bitcoin holders.
But is it the enemy of bitcoin is very silly to say the inventor of bitcoin is the real enemy of bitcoin? I will not say it, because even he returns he will not be able to do anything against the existing system on bitcoin other than selling coins he owns because it is completely decentralized.
That is the hope that might be given to Satoshi but can he keep himself safe after his identity is revealed. There is no need to worry about the 1 million bitcoins he has because even though it can affect the market, it will not make other bitcoin holders have to go bankrupt. Bitcoin holders are getting smarter and they understand the current state of bitcoin so whatever happens they will definitely benefit except for those who are new to bitcoin.

There are various narratives that people try to create including saying that the enemy of bitcoin is the person who created it. This is not in line with what he has done and even Satoshi himself does not have access to fully control bitcoin for the processes that occur in the market.
copper member
Activity: 2254
Merit: 608
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October 20, 2024, 09:57:35 PM
#73
No matter how we know that Satoshi identify is best unknown to the world we can't deny the fact that sometimes curiosity does sometimes make you ask that same question although thats just our curiosity playing on us. The reason we all in the crypto space or should Bitcoin users are okay with this unknown factor is because we all understand what's at stake although even if Satoshi identify is known now I believe the impact of change on would be less as Satoshi really can't do anything by himself that can literally affect the Bitcoin technology as it's decentralized nature makes it unique in this sense.
Even if he can't do anything to the technology as you believe, there are still some moves that his present can cause to the bitcoin market, such as moving his large amount of bitcoin that was mined in the early stages, which is about 1m+ BTC. That amount being moved alone and added back to the circulating supply, you know the amount of price drop it could cause. Aside from that, there are still unforeseen risks that could exist, starting from him being a major target by authorities.

If you're concerned that him selling his 1 million bitcoins would have a serious impact on the market, he's not the only one who could do that. According to the report, the number of bitcoins held by ETFs is about to surpass Satoshi and this number will increase many times if they maintain the current level of bitcoin purchases. If the ETFs dump bitcoin on the market en masse, the situation will be many times worse. So Satoshi selling 1 million bitcoins is not as scary as you describe.

Honestly, I don't see any negative impact if satoshi appears as long as he can't single handedly change the Bitcoin network. The only risk is that he could become a target of the authorities as you say and that is his own risk and has nothing to do with bitcoin.
sr. member
Activity: 658
Merit: 387
October 20, 2024, 05:46:12 PM
#72
No matter how we know that Satoshi identify is best unknown to the world we can't deny the fact that sometimes curiosity does sometimes make you ask that same question although thats just our curiosity playing on us. The reason we all in the crypto space or should Bitcoin users are okay with this unknown factor is because we all understand what's at stake although even if Satoshi identify is known now I believe the impact of change on would be less as Satoshi really can't do anything by himself that can literally affect the Bitcoin technology as it's decentralized nature makes it unique in this sense.
Even if he can't do anything to the technology as you believe, there are still some moves that his present can cause to the bitcoin market, such as moving his large amount of bitcoin that was mined in the early stages, which is about 1m+ BTC. That amount being moved alone and added back to the circulating supply, you know the amount of price drop it could cause. Aside from that, there are still unforeseen risks that could exist, starting from him being a major target by authorities.
sr. member
Activity: 420
Merit: 315
Top Crypto Casino
October 20, 2024, 04:44:53 PM
#71
Snip
I got a merit doesn't mean am correct
It meant the merit sender supported my view and no still believe it won't affect privacy.
Likewise you been an Hero member doesn't make you right.

Quote
If the owner of the project is identify then it becomes centralized
Bitcoin isn't Decentralized because the owner is unknown
Note this and this is all I can say.
hero member
Activity: 1400
Merit: 674
October 20, 2024, 04:35:04 PM
#70
Yes, something will definitely happen, just like Satoshi will get a Nobel Prize for inventing a new system that is very smart transparent and decentralized, of course it is a valuable discovery for all time.
But the jug fear will definitely happen, because he has a lot of bitcoins in his wallet that can even flatten bitcoin holders.
But is it the enemy of bitcoin is very silly to say the inventor of bitcoin is the real enemy of bitcoin? I will not say it, because even he returns he will not be able to do anything against the existing system on bitcoin other than selling coins he owns because it is completely decentralized.
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