The real enemy of bitcoin - page 9. | Bitcointalksearch.org

ancafe

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Quote from: Sobz on October 18, 2024, 03:37:32 PM

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.

Privacy is something that no one wants to know and is more secretive because people want to maintain certain security values, but whether or not Satoshi Nakamoto's identity is revealed has nothing to do with privacy in general. I think you are a little wrong in understanding privacy and bitcoin is not in the capacity of creating enemies but some people don't like it for some reason. Sometimes many people who invest in bitcoin also do not understand privacy issues, where they still use exchanges that require KYC and even more stupidly they store assets there.

If that is the case for certain people then what kind of privacy is meant and haven't we already shared personal identities with their securities. Awareness in maintaining privacy in the midst of increasingly developing technological conditions is very difficult, especially if someone does not understand the technology that has now been integrated.

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Quote from: Sobz on October 18, 2024, 03:37:32 PM

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What will be the gain if you reveal who Satoshi is? It means you want the privacy of bitcoin to be reveal too.

I don't think that they are the enemy because for sure some of them are just out of curiosity if you just think about it, what Satoshi Nakamoto created is unbelievable and it's a life-changing invention of all time, so some people just want to know who really Satoshi is.

The benefits of knowing Satoshi Nakamoto are none for me, Bitcoin will stay the same and whether Satoshi Nakamoto will found or not.

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Quote from: Sobz on October 18, 2024, 03:37:32 PM

What will be the gain if you reveal who Satoshi is? It means you want the privacy of bitcoin to be reveal too.

The privacy of Bitcoin has been revealed since beginning, anyone can track any address, the transaction history and how much the address own in Bitcoin explorer since the blockchain is completely transparent.

Revealing Satoshi identity won't reveal your privacy, but if you use centralized exchange to buy or sell Bitcoin, then you're the one who reveal your own identity. Wink

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Quote from: Sobz on October 18, 2024, 03:37:32 PM

I see those who are desperate to know who Satoshi is and to reveal his identity as the real enemy of bitcoin.

I'm not sure if we can call them real enemy though, maybe they just want to exposed who Satoshi is just like in the documentary. But I do not see it as a huge impact on the market negatively. We have been in this kind of situation since the height in 2017 bull run's and so far no one has proven anything. To the point that a Faketoshi comes forward but obviously we know that this guy is full of lies.

Quote from: Sobz on October 18, 2024, 03:37:32 PM

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 already have come to the conclusion that Satoshi is not going to resurface and we really don't know what happen to him. So for us Bitcoiners, we have accepted that fact, and as you can see, his invention continue to flourish every 4 year as it is the cycle. Maybe in the next 4 years, we will another claim by someone or some media outlet as who is Satoshi. But the fact remains that we really don't care.

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Quote from: Sobz on October 18, 2024, 03:37:32 PM

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.

TBH, I don't see them as Satoshi's enemy as well. I mean they can investigate, dig deeper in the past, and make documentaries anytime they wanted to, but the reality is, nobody will ever know who Satoshi is.

Okay let's have a situation where for some reasons, Satoshi's identity has been revealed and it's confirmed that it's Satoshi. So what? We might see either a big dip or a big dump depending on the sentiments of the investors at that time, but nothing will change. Bitcoin will remain as Bitcoin, and even though the identity of Satoshi has been revealed, nothing will change... or at least we will not see a significant change on what Bitcoin is right now. It's decentralized and I don't think there's any reason for Satoshi to come back or worse, reveal his/her/their identity.

I'm into Bitcoin for years already. Can I call myself a "real Bitcoiner" already, but I'm not lazy. Cheesy

As for the gain of revealing Satoshi's identity, nothing. Not even the one who will reveal who Satoshi is has something to gain. Temporary popularity I guess.

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Quote from: Sobz on October 18, 2024, 03:37:32 PM

I see those who are desperate to know who Satoshi is and to reveal his identity as the real enemy of bitcoin.

Bitcoin was created by Satoshi Nakamoto and in early days, months the Bitcoin founder is a core developer for Bitcoin. Fortunately, the founder designed Bitcoin protocol to be open-sourced and to be decentralized from development contributions to network operations, block findings and transaction confirmations. With this genius ultimate design for Bitcoin protocol, with time, more developers joined, more people run Bitcoin full nodes, more Bitcoin miners set up their mining rigs to increase hashrates. Together they make Bitcoin project more decentralized and more secured so that in 2024, identity of Satoshi Nakamoto is actually no longer important for Bitcoin existence, development and security.

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Real bitcoiners don't have that time to go for a search to know who Satoshi is.

I disagree. As true Bitcoiners, people must do their due diligent research on Bitcoin, including the Bitcoin founder, before making their important decisions to say No with fiat currencies and choose Bitcoin. If they don't have time for searching, they are not true Bitcoiners.

Bitcoin is not for lazy people and people who are blindly believing without own research for fact checks. People who are like this are more matched with scam altcoins.

The complete Satoshi from Satoshi Nakamoto Institute.

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Quote from: Perfectbaby on October 18, 2024, 05:13:11 PM

Hey sir, with all respect don't you think it would hamper the overall growth of Bitcoin, maybe after which the identity is reveal it would be under threat of government to have a general control over bitcoin to make it remains centralized instead of decentralized. The solidity of bitcoin was the result of anonymousness of Satoshi, with that people develop much more interest to invest in bitcoin.

And Yes people should be worried where and how their money is going because it's a thing of concerned sinking money into an ocean we don't know about depths, still even as that they do not mind to know about him and yet they solidly rely on it.

Satoshi is the creator of bitcoin but he cannot control bitcoin, bitcoin is not centralized and depends on a single individual. He created bitcoin and gave control to the community, any changes to bitcoin require the consensus of the entire community, no individual can decide on behalf of the entire community. If he wants to change anything related to bitcoin, he needs to propose it and it needs a community vote, so his reappearance won't change what's going on. People are afraid of his identity being revealed, mostly out of concern for his safety rather than fear that bitcoin will be in trouble if his identity is revealed. Or many people want to know his identity out of curiosity as EFS said.

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Quote from: Sobz on October 18, 2024, 03:37:32 PM

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.

I don't think the privacy of Bitcoin is solely tied to the revealing of satoshi
And I won't go as far as saying real Bitcoiners are not searching for him
As a matter of fact most of the people searching for him are die hard fans of Bitcoin
And even it he's found today Bitcoin will still retain its number 1 spot it has already established the footing its need

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Quote from: ? on October 18, 2024, 04:29:47 PM

I want the mystery to be solved and I´m not afraid it will hurt Bitcoin. If, for an example, Adam Back is Satoshi and he dumps his 1 million or whatever coins the price will nosedive but I will buy the dip. I´m a long term investor and the price will climb back up and I´ll be rich when I retire.

And what is stopping him from dumbing the one milli now or a few years back since he is still anonymous and no one still know's his real identity?
I will tell you why... because no of the pretenders or potential satoshi wannabes has access to any of the private keys Grin

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There is no real enemy of Bitcoin but if there is, then that's the government that keeps on giving hard time for legislation to pass on law about being supportive or neutral about Bitcoin. And those that are trying to unveil the identity of satoshi, this only means that this is a free market and no one will stop them and so as how Bitcoin will continue to make rounds globally and even the governments can't do anything with it.

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Quote from: Perfectbaby on October 18, 2024, 05:13:11 PM

Hey sir, with all respect don't you think it would hamper the overall growth of Bitcoin, maybe after which the identity is reveal it would be under threat of government to have a general control over bitcoin to make it remains centralized instead of decentralized. The solidity of bitcoin was the result of anonymousness of Satoshi, with that people develop much more interest to invest in bitcoin.

If the government cannot control BTC now that we don't know who Satoshi is, they wouldn't still be able to control the network even if Satoshi's identity is revealed. BTC is not centralized and there is no kind of control that Satoshi has over the network, so it would be impossible to control the network through him. The price will dump though, as people will panic about what he will do with all the coins he mined.

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Quote from: Sobz on October 18, 2024, 03:37:32 PM

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.

Maybe you are doing too much calling people who are just interested in the identity of Satoshi enemies; some of them do not have any bad motive but are just curious. This curiosity is not only exclusive to newbies to Bitcoin but also some people who have been investing in bitcoin for a very long time.

Quote from: Sobz on October 18, 2024, 03:37:32 PM

It means you want the privacy of bitcoin to be reveal too.

This does not make sense, OP.

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Quote from: Sobz on October 18, 2024, 03:37:32 PM

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.

It's okay if they have a lot of time spending trying to find out who's satoshi is. And with that spending of time they do for finding out the real one, they're just wasting their time for it.

While everyone who has seen these videos, you shouldn't patronize them and not support them to their cost because you have nothing to gain with those.

But only them.

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Quote from: Perfectbaby on October 18, 2024, 05:13:11 PM

Hey sir, with all respect don't you think it would hamper the overall growth of Bitcoin, maybe after which the identity is reveal it would be under threat of government to have a general control over bitcoin to make it remains centralized instead of decentralized. The solidity of bitcoin was the result of anonymousness of Satoshi, with that people develop much more interest to invest in bitcoin.

And Yes people should be worried where and how their money is going because it's a thing of concerned sinking money into an ocean we don't know about depths, still even as that they do not mind to know about him and yet they solidly rely on it.

Just as EFS said it is mostly for curiosity and nothing to be afraid of if they actually get to find out who satoshi he is. Bitcoin decentralization has nothing to be scared of if Satoshi is reveal today because he himself cannot control the the entire network again. Bitcoin is build on consensus proof of work where multiple nodes would have to agree to Make a change to the network and not only Satoshi would make decisions Like this, so even if he is revealed and wants to make a change the node runners or developers which is everyone doing that will have to get a consensus for that to be implemented

The only thing i would say Satoshi appearance would cause is if he decides to move the millions of bitcoin he locked then it will affect the Market price same way if he Makes a public statement of either buying or selling this will shape the market condition as many will follow the trend, aside this he can’t definitely have a change on the network like other Altcoins does

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Quote from: Z-tight on October 18, 2024, 04:54:41 PM

Quote from: Sobz on October 18, 2024, 03:37:32 PM

What will be the gain if you reveal who Satoshi is? It means you want the privacy of bitcoin to be reveal too.

What do you mean by 'the privacy of BTC', BTC is not a privacy coin, it is an open source project with a transparent blockchain, if Satoshi's identity is ever revealed, it will only affect the price of BTC, the network will function just fine. However, i agree with you that it is crazy if bitcoiners are trying to deanonymize another bitcoiner, Satoshi.

Quote from: ? on October 18, 2024, 04:29:47 PM

I want the mystery to be solved and I´m not afraid it will hurt Bitcoin. If, for an example, Adam Back is Satoshi and he dumps his 1 million or whatever coins the price will nosedive but I will buy the dip. I´m a long term investor and the price will climb back up and I´ll be rich when I retire.

I'm sorry but the mystery will not be solved, you can still buy BTC now or wait until this current cycle is over and buy BTC when we are in a bear market.

Yeah I hold 50% BTC and 50% USDC so I trade back and forth to keep it 50/50. BTC nosediving 90% would be awesome but sadly the mystery solving and dumping of the Satoshi tokens will probably not happen.

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Quote from: EFS on October 18, 2024, 04:59:36 PM

I don't think Bitcoin has an enemy, and I don't think creating imaginary enemies helps anyone.
Trying to find Satoshi is what a lot of people have been doing for years because people are naturally curious about who created this technology. I don't think it will be proven who Satoshi is. Even if it was known, it wouldn't change anything.

Hey sir, with all respect don't you think it would hamper the overall growth of Bitcoin, maybe after which the identity is reveal it would be under threat of government to have a general control over bitcoin to make it remains centralized instead of decentralized. The solidity of bitcoin was the result of anonymousness of Satoshi, with that people develop much more interest to invest in bitcoin.

And Yes people should be worried where and how their money is going because it's a thing of concerned sinking money into an ocean we don't know about depths, still even as that they do not mind to know about him and yet they solidly rely on it.

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Quote from: Sobz on October 18, 2024, 03:37:32 PM

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.

I feel like if we knew who satoshi was it would do more harm than good and at this point it’s probably for the best that the group or individuals remain anonymous.

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I don't think Bitcoin has an enemy, and I don't think creating imaginary enemies helps anyone.
Trying to find Satoshi is what a lot of people have been doing for years because people are naturally curious about who created this technology. I don't think it will be proven who Satoshi is. Even if it was known, it wouldn't change anything.

Z-tight

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Quote from: Sobz on October 18, 2024, 03:37:32 PM

What will be the gain if you reveal who Satoshi is? It means you want the privacy of bitcoin to be reveal too.

What do you mean by 'the privacy of BTC', BTC is not a privacy coin, it is an open source project with a transparent blockchain, if Satoshi's identity is ever revealed, it will only affect the price of BTC, the network will function just fine. However, i agree with you that it is crazy if bitcoiners are trying to deanonymize another bitcoiner, Satoshi.

Quote from: ? on October 18, 2024, 04:29:47 PM

I want the mystery to be solved and I´m not afraid it will hurt Bitcoin. If, for an example, Adam Back is Satoshi and he dumps his 1 million or whatever coins the price will nosedive but I will buy the dip. I´m a long term investor and the price will climb back up and I´ll be rich when I retire.

I'm sorry but the mystery will not be solved, you can still buy BTC now or wait until this current cycle is over and buy BTC when we are in a bear market.

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I want the mystery to be solved and I´m not afraid it will hurt Bitcoin. If, for an example, Adam Back is Satoshi and he dumps his 1 million or whatever coins the price will nosedive but I will buy the dip. I´m a long term investor and the price will climb back up and I´ll be rich when I retire.

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