Topic: The real enemy of bitcoin - page 5. (Read 2251 times)

Very well said and thus is why the reasons for anonymity is beneficial as it protects the privacy  of Bitcoin, like they say over curiosity killed the cats so anyone making an attempt to reveal or wanting to know the real face of Satoshi's is a reputable decisions because instead of tarnishing the image of Bitcoin it'll definitely rise above dip and make everyone to see it's main usage and importance so the real enemy of Bitcoin is not Satoshi or the fact that he's anonymous.

A man wanted an alternative, and he created it. For everybody else to use, too.
And with it, he created a full-blown-up space. Truly, a legend of legends 

Bitcoin's privacy has nothing to do with Satoshi's identity. Because, we all know Bitcoin is decentralized so it has no head or center. Satoshi's identity will not change the price or position of Bitcoin. However, trying to find Satoshi is something many people have been doing for years. Because, people are naturally curious about who created this technology. Some people will say that Satoshi hid his identity because he secretly wanted to control Bitcoin. But I want to say that nothing in the world is created by itself. Someone's hand is behind it. But the one we know as Satoshi disappeared somewhere after 2011. He is believed to have passed on to the afterlife. After 2011, today is 2024, more than 1 era, Bitcoin comes into circulation among all of us. And whose man is increasing day by day.

However, does Satoshi have any enemies?
We think that his main enemies are the banks and the government. But not so. He created Bitcoin as an alternative, not a replacement for fiat and banks, so it cannot be said that he sees banks and governments as enemies. Maybe he is not happy to depend on them too much and Bitcoin was created to reduce the dependence on them, I believe he has no desire to go against the banks and the government. (Dude, I totally agree with what you say)

He created bitcoin as an alternative, not a replacement to fiat and banks, so it cannot be said that he sees banks and governments as enemies. Maybe he is not happy to depend too much on them and bitcoin was created to reduce the dependence on them, I believe he has no intention of going against banks and governments.


He didn't want to reveal his identity from the beginning and he certainly had his own reasons. But I don't think revealing his identity will have any impact on bitcoin because bitcoin is designed differently from the rest of the market. He intentionally designed bitcoin to be decentralized and not dependent on anyone, including himself. As we can see, Bitcoin has survived and thrived without him for the past 15 years, so even if his identity is revealed, it won't change anything.

Why wouldn't Satoshi have enemies? Of course he does. His main enemies are banks and governments. It's the reason why he created Bitcoin in the first place. If Satoshi was fine with the current monetary system, do you think he would've invented a cryptocurrency of his own? Of course not!

For the sake of the project, it's best to leave Satoshi's identity a mystery. The lad is probably dead since 2011. After all, that's the last year when he was active. If other crypto founders copied his model, crypto land would've been a better place. Unfortunately, most cryptocurrencies have publicly-known developers/founders, making it easier for governments to hunt them down whenever they want to. Imagine what would happen with a coin like ETH if Vitalik is out of the picture. Or if Vitalik gets compromised in the long run. Market prices (and credibility) will go all the way down the drain in an instant.

Let's all focus on what matters most. And that is scaling Bitcoin to the masses. As long as decentralization is preserved, there should be nothing to worry about.

Satoshi knows the reason why is silent and he doesn't want anyone to know his way about, I believe that Satoshi that when Satoshi launched bitcoin in 2009 their was attacked by government that makes he to be in secret, if government notice the formular of bitcoin, I think they will destroy bitcoin, and if government seems Satoshi they will get him arrested and that's why Satoshi lives in secret so that he will not face any trial by the government, because from the day1 bitcoin was launched many nations kicked against bitcoin because they taught that bitcoin will be use for money laundering and their own currencies will not be valid since bitcoin is existing

But only one of them has 1 million coins 

Jeez, how many times do I have to repeat myself? I am satoshi, we all are satoshi.

Satoshi can be anyone you want them to be. It is a concept and you can give importance to it and waste your time or not give importance to it and think about methods to increase your stash of bitcoin for the next bull run. The choice is yours.

Watching a few documentary witch hunts will waste your time, but working on your future skills will not. Hence focus on the important things in life and not chase a ghost.

Satoshi Nakamoto is a legend, but that legend created something that lives and breathes on its own - BTC.
Nevertheless, we still can and will appreciate his views and thoughts, even though we may never know who he is (because, truly, we don't need to know to use and appreciate BTC).

Even though curiosity has lead a lot in to making such findings of who truly Satoshi Nakamoto is, but that could only be a total waste of time, it is best focus we maximize on how  best to increase our financial status as regards to increasing our Bitcoin size, after ensuring that our other needs are taking care of, and as well as building a good and reasonable provision for an emergency funds while considering holding for as long as necessary since Bitcoin is best when viewed and justifiably good for long term,  getting to know who truly Satoshi Nakamoto will never change what bitcoin stands for, bitcoin stands for so many potentials, and we can't characterize those attenting to make such findings as the real enemy of Bitcoin just as the op implies because a Bitcoin enthusiast can do that.

Knowing who Satoshi has nothing to do with enemy of bitcoin, I think people are just interested to know who the final of bitcoin is and I know this is how it would always be like, even in the future people will try their best to make findings of Satoshi. Satoshi not known is one of the things that makes bitcoin to be interesting to me,  it proves decentralization. Just imagine Satoshi is known, you know how people always find what to say, they would say bitcoin is controlled by him, all sort of nonsense. I really fancy the privacy of Satosh.

No governments did not banned bitcoins from their countries because they thought it would overtake their fiat and people would start using BTC for day-to-day expenses and the value of fiat would decrease, which is also one of the many factors, but this is not the only one there is more to it like a government might not control the crypto frauds and scams happening if they allow it and they lack knowledge and dedication to adopt to new technology or their politics is now being controlled by other tier 1 countries due to the loans they took and now these developing countries have to comply with their policies.

Speaking of many governments that have banned crypto, I wouldn't say there are many because there are 195 countries and according to CGC 56 countries have not allowed crypto and out of 56, only 22 have imposed strict rules, so there are not so many. Centralization and regulations is the real enemy of BTC because they want centralized not possible so they are finding alternative ways like ETFs and shares etc.

For me I don't see such people as enemy of bitcoin. If you ask me I would say the real enermy of bitcoin are those who use bitcoin for iligal activities like defrauding people online thereby making most people see bitcoin as a tool used to scam people online. Another enermy of bitcoin is any group of people that speculate wrongly about bitcoin and corrupt the minds of people who would have participated in bitcoin investment, But rather chose not to because of wrong speculation. Shitcoins are enermy of bitcoin  because it's has distracted most people to pull out their fund to gamble and creating competition in the market and tactically slowing bitcoin growth. In summary bitcoin need more people to invest in it so anything that distract people from investing in bitcoin to me is an enemy of bitcoin including government.

Real bitcoiners are people who leverage on bitcoin volatility by accumulating more and HODLing against the future not thinking about who Satoshi really is.

Even if you reveal Satoshi identity bitcoin will still remain decentralized because is works on nodes, harsh and blocks which makes it a blockchain technology which centralised system can never and will never be.

As well? But he is actually saying or he just said that they are the enemy of Bitcoin. Though I agree with you that many are not an enemy but maybe they are only curious to see the face behind BTC. As you can see, I said "many" there, because I think there are still a few who really hates the founder/s. You know, in the past, there are talks that Satoshi is/are receiving or will going to receive a death threat and will be in great danger once they revealed theirselves.

And how can you say that nobody will know who Satoshi is/are? I don't think you have some kind of a special power to know this but maybe it is possible for them to know the truth as long as they won't stop and do their very best on hunting.

The effect on the price when Satoshi is/are found won't only depend on the sentiments of the investors but also depends on Satoshi, like if he/she/they will dump his/her/their BTC, that can also crash the market. If not then it will only bring positive impressions which can then pump the price of the coin. BTC is still going to be BTC of course, no matter what price it gets.

Yes of course you are now a real Bitcoiner but you are lazy if you think like that, that you can't gain something once you revealed who Satoshi is/are. But if you believe it gives you a temporary popularity, then that is still considered as one (gain). Actually not only that but someone or those who are very eager to find Satoshi, might also give you a recognition and other rewards like money.

Exactly, he cannot change anything about bitcoin learning about Satoshi is similar to discovering who he is, because when you hear his name everywhere, your mind will naturally move to the web to learn more about him. Knowing someone better is beneficial, and you cannot argue that he is an opponent of bitcoin. Someone who contributed to the creation of bitcoin cannot be an enemy of what he built; instead, we should focus on our long-term investment in bitcoin and reap greater profits. We should stop talking about things we are not sure about, because we will never know the real truth since bitcoin is working fine, and he didn't bring anything weak that will stop not working well. By knowing bitcoin definitely you will think about the creators how did he come and people started trading and investing on it.

Anything you are doing, you need to get knowledge or ideas about what you are doing so that someone can come and challenge you about it, everyone will be happy about Satoshi because without them, we will not get what we are getting now on bitcoin, they change people's lives from weak to strong, and everyday people are engaging in crypto investment, because they see how it works and people are getting something out of it, so let us continue investing in bitcoin and one day we will say that What we are waiting for because since bitcoin is volatile definitely the price can't stop increasing.

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.

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.

And even if we knew who he is, it wouldn't change things for us in the slightest.
Thus, why bother?  Just learn about crypto, BTC, and what you are passionate about and keep moving on.

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.

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.