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Topic: What could have Satoshi faced if he made himself known from the beginning - page 5. (Read 1059 times)

sr. member
Activity: 2436
Merit: 455
He will eat death threats for his breakfast, lunch, dinner and might be dream of it when he sleeps at night, if he would fall asleep with those kind of stress he'll be having when he reveal himself in the public since the start. Greedy powerful individuals will be the top danger for him, because no one wants in the government for fiat to be overthrown by Bitcoin in the future.

I could never imagine Satoshi Nakamoto having a peaceful life if he did show himself in the public when he released Bitcoin.
hero member
Activity: 2366
Merit: 594
If Satoshi made himself to be known from the beginning, the first thing he will experience is a neighborhood attack, masses of crowd or anti-Bitcoin at his doorstep, support from BTC enthusiasts, and different levels of government lawsuit I believe Satoshi understand what will be at risk when he's planning to create BTC and for this, I admire him with the people that work with him on BTC.

The government lawsuit is most likely the one that will arrive at his door. The only thing that I can think of on the positive side is those bitcoin lovers who will be complementing him with his creation, and the others are negatives that can really affect him. It would be a disaster if we knew who Satoshi is for certain, and he has already predicted it, which is why he conceals his identity. Well, all of us here in the forum love him, and we thank him because of Bitcoin, which is very helpful to our finances and also our lives.
hero member
Activity: 2660
Merit: 651
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If Satoshi made himself to be known from the beginning, the first thing he will experience is a neighborhood attack, masses of crowd of anti-Bitcoin at his doorstep, support from BTC enthusiasts, and different levels of government lawsuit I believe Satoshi understand what will be at risk when he's planning to create BTC and for this, I admire him with the people that work with him on BTC.
legendary
Activity: 3080
Merit: 1500
What could have been his fate if he made himself known from the beginning? And later after Bitcoin is recognized?

He probably would have spent the rest of his life behind bars and was probably facing hundreds of lawsuits from various government enforcement agencies. That would have been his fate if he made himself known during the initial days of bitcoin. He can face such things even now. That's why I never wanted Satoshi to reveal himself.

I strongly feel that Craig Wright is a setup by FBI to lure actual Satoshi out which failed miserably! I am not sure if anyone else has similar thoughts!
sr. member
Activity: 1316
Merit: 422
If someone mentions Satoshi Nakamoto hid his identity for his own safety, I personally agree with that opinion.
The presence of Bitcoin has the potential to undermine the dominance of the banking industry because people can safely store their own money in Bitcoin. With Bitcoin people can send money around the world quickly and cheaply. Satoshi Nakamoto had predicted something bad would happen if his identity was revealed, he had read how cruel the business world was. Bad treatment often comes from those who are unable to compete, they will do anything to get rid of their competitors.

It is clear that Satoshi Nakamoto cannot face those who are hurt by the emergence of Bitcoin, because he wants his life to be safe, peaceful and peaceful, he chooses to hide his identity while smiling seeing Bitcoin technology being increasingly adopted in various countries.
full member
Activity: 1302
Merit: 129
Vaccinized.. immunity level is full.
I must say that I'm now a Bitcoin addict and an ardent fan/supporter of Satoshi Nakamoto and the good initiative Bitcoin technology has brought to the world. But there are these questions that have been ringing in my head day and night as I continue to be curious about this man/men that brought this revolution to the financial space.

I would like people to furnish me with their views even though I personally believe that he would have been haunted by the world governments at the initial stage.

What could have been his fate if he made himself known from the beginning? And later after Bitcoin is recognized?

Well, you can take Vitalik Buterin as an example since ETH is the next popular cryptocurrency in the Industry. 

So what happens to Vitalik Buterin?  Is he endangered?  Got kidnapped?  Got criticized by the government?  Or is he well-acknowledged? Respected? And has authority over the Ethereum network?   I bet if Satoshi Nakamoto made himself known from the beginning, he would have experienced the same thing that Vitalik Buterin has experienced.

There are lots of crypto developers that are already known to the public, I believe Satoshi Nakamoto will also face the same thing as the developer of Bitcoin. 

He'll be taken quickly by the FBI or any syndicate that see his worth about his creation and the wealth, money that he has made.

But since he's a genius, he doesn't want to compromise his safety and identity in the public because he probably have foreseen these bad things might happen to him.

He can be abducted, kidnapped or anything that he can imagine of being done to him just for those bad people to take advantage of him.

And why is another cryptocurrency developer such as Buterin isn't taken by the FBI or syndicate?  I think we exaggerated things, thinking too many nefarious things will happen to Satoshi if ever he revealed himself from the beginning.



On a negative note, I think Satoshi is already dead, silenced by the authority thinking that Bitcoin will somehow stop propagating once Satoshi is killed.  That was just my assumption and does not bear any concrete evidence. Though I hope he is still alive somewhere enjoying his riches from selling BTC.  The one that is saved on an address that is not public.

I completely agree with you on this, it's not as serious as people imagine, after all he is just an ordinary person like Vitalik Buterin. It is true that bitcoin is becoming the focus of financial markets but if we take a broader look, bitcoin is still not something that is so important or has a strong impact on the economy of a country or the world economy, what bitcoin is creating is only on a personal level. So he can't be a criminal or someone who endangers the government to the point of imprisoning him or trying to destroy him. But if he comes out like Vitalik Buterin, I think the government will find a way to make bitcoin centralized and control it like altcoins are today, he made the very right decision to remain completely anonymous.
hero member
Activity: 2800
Merit: 595
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This might be answered by past history where american politicians and others have requested big tech corporations like apple to change encryption standards on iphones to make it easier for law enforcement to gain access to locked phones of suspects under investigation.

Had Satoshi been known, he would have been visited by intelligence agencies of the world. Who would request that he code a backdoor into bitcoin. Or use an intelligence agency approved encryption cipher. I would guess the tone of the conversation would go something like that. Satoshi would either agree or decline. And who knows what would happen afterwards.

It is possible that the details of David Kleiman's unfortunate passing (R.I.P.) where his body was found in a wheelchair with a trail of blood stemming from illness and infection with a loaded pistol nearby. It might represent the way that the real Satoshi left this world.

Tragic end for someone who won't give in to the government. RIP. This is the most possible way and it's why Greenpeace was requesting to change the code of BTC. Stories like these have been happening even in the time of Nichola Tesla who has a different view of the world to distributing electricity for free.

Disappearing without a trace and losing businesses to mysterious death can happen to Satoshi and usually, the cover-up is far worse.
legendary
Activity: 2478
Merit: 1360
Don't let others control your BTC -> self custody
He'd have to quickly make himself unknown Cheesy

I've said it many times before. Satoshi's presence would be dangerous for himself and bad for bitcoin's image.
How would bitcoin users react if the news came out that he was arrested? How would they react if he was charged with assault, or if you were to learn that he was ill?
People would have all sorts of theories that he'd sell his coins to buy a lawyer, or that he's spending it on hospital bills. People would try to get favors from him, rob him, blackmail him. There would be people with cameras lurking around just to get some dirt on him, people going through his trash to find some personal things of his. He'd be a loved and hated like most celebrities.

It's good that he values his privacy. Good for us and for him.
legendary
Activity: 2282
Merit: 3014
The entire planet. I’m convinced that he had always planned to come and go just as he did because it doesn’t put a face behind bitcoin, doesn’t put a singular person “in charge” of it which is obviously a good thing for a number of reasons.  I’m not sure it would have ever stood a chance anyway else personally.
hero member
Activity: 2702
Merit: 672
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Bias on the project if his/her peers knew who they were I guess? It isn't something big (I think, but we'll never know) but I feel like Satoshi would've liked the start to have really started from 0, and spread from there slowly instead of using influence to market it out as something big. It may have brought about the likes of Craig in the picture, but it's still ultimately for the better that Satoshi let his name stay unknown. In the end, the only thing we can do right now is speculating but there's no hard evidence after all, which is imo best suits what he envisioned for Bitcoin.

I suppose there'd also be some negative aspects of it, such as threats with how Bitcoin grew, but I don't think he stayed anonymous with that in mind really, I think that mindset would've only appeared when Bitcoin grew to how big it was today (or even a few years ago).
legendary
Activity: 2576
Merit: 1860
I don't think Satoshi would be hunted by world governments had he/she/they made himself/herself/themselves known at the very beginning. This some kind of Satoshi hunting that is happening now is primarily because of curiosity. And this curiosity stems from Satoshi being completely anonymous and his/her/their decision to vanish. We badly want to unravel this mystery that is Satoshi Nakamoto. Another probable reason why Satoshi could be hunted down is his/her/their huge Bitcoin stash.

If we look at Bitcoin's predecessors like David Chaum's eCash, Adam Back's Hashcash, Nick Szabo's Bit Gold, Wei Dai's B-Money, they're simply being treated as modern technological innovations and their inventors or developers, although trying to disrupt the system, are not really hunted down by whatever government agency.

However, it is also a big factor that these early attempts are not as successful as Bitcoin. But I think a significant part of Bitcoin's success is owed to Satoshi Nakamoto deciding to leave.
staff
Activity: 3304
Merit: 4115
I'm not sure what they would've faced exactly. However, what Bitcoin would have faced is something it'd be associated with forever. Satoshi probably did right in disassociating himself from Bitcoin, because it further enhanced the decentralised feel. It wasn't connected to an identity that you could nitpick. Any dirt on Satoshi, would've automatically transferred to Bitcoin, and potentially tainting its reputation forever.

Without that association; you effectively have nothing. Everything can only be speculation, and that's not solid enough to effect the reputation of Bitcoin. Something which currently Bitcoin requires to build any sort of momentum. I don't think that'll always be the case to a certain extent, but at the moment any positive news usually gets users excited, and any negative news causes a little bit of a panic.

hero member
Activity: 882
Merit: 1873
Crypto Swap Exchange
Interrogation, death or imprisonment and ultimately Bitcoin's death by pulling the plant straight from the roots.  They would have made Bitcoin seem like it comes out of a criminal background.  I am not so documented on the Ulbricht case, but I imagine it would have ended similarly.  I do not think it is hard for a government to plant false evidence and turn your entire life upside down.  Mainstream media has a great history of whirling up stories and causing panic.

At that point, anything would have become a target and an issue.  Is Nakamoto a Republican or Democrat?  Has Nakamoto ever had ANY kind of history tied to Russia or ever showed the slightest sign of supporting and appreciating them?  Since he is anonymous, nobody can care.  You can not hate on him because you know nothing about him besides that he is a rebel.

They would also easily spin up any word he would have publicly said.  It is easy to mess up a public speech or say something that easily gets misunderstood or taken out of context.  Long story short.  Bitcoin would of stood zero chance if Nakamoto was a public figure.

-
Regards,
PrivacyG
hero member
Activity: 1232
Merit: 500
He could have been targeted by thieves, hell even government agents could have been trying to ‘suicide him.’
He would have been accosted by media, hangers on, he would have unwanted publicity. It works best for him & bitcoin in general that he remains anonymous. He may even be dead, I don’t think we’ll ever know & in my opinion it is best that way.
It is very true as you said that if Satoshi made himself famous earlier and showed himself in front of the public, Satoshi would definitely face a lot of trouble, he would become the target of the government, he would also receive threats from the government, and Satoshi would also be targeted by people. entrepreneurs who don't like bitcoin and their business is hampered because of bitcoin for sure Satoshi's life is threatened, bitcoin also would not have survived to this day if Satoshi made himself famous earlier.
legendary
Activity: 2562
Merit: 1441
This might be answered by past history where american politicians and others have requested big tech corporations like apple to change encryption standards on iphones to make it easier for law enforcement to gain access to locked phones of suspects under investigation.

Had Satoshi been known, he would have been visited by intelligence agencies of the world. Who would request that he code a backdoor into bitcoin. Or use an intelligence agency approved encryption cipher. I would guess the tone of the conversation would go something like that. Satoshi would either agree or decline. And who knows what would happen afterwards.

It is possible that the details of David Kleiman's unfortunate passing (R.I.P.) where his body was found in a wheelchair with a trail of blood stemming from illness and infection with a loaded pistol nearby. It might represent the way that the real Satoshi left this world.
hero member
Activity: 3150
Merit: 636
DGbet.fun - Crypto Sportsbook
He'll be taken quickly by the FBI or any syndicate that see his worth about his creation and the wealth, money that he has made.

But since he's a genius, he doesn't want to compromise his safety and identity in the public because he probably have foreseen these bad things might happen to him.

He can be abducted, kidnapped or anything that he can imagine of being done to him just for those bad people to take advantage of him.

And why is another cryptocurrency developer such as Buterin isn't taken by the FBI or syndicate?  I think we exaggerated things, thinking too many nefarious things will happen to Satoshi if ever he revealed himself from the beginning.
Good thought though.

I think it's because crypto is mainstream these days and when Vitalik has made Ethereum, there's already that idea that it's not that big at all so, FBI or any agency wasn't interested back then.

But you're right, I think I was just exaggerating things for that's what I've absorbed also with some opinions before but then at the end of the day we will never know who satoshi is.
legendary
Activity: 1288
Merit: 1081
Goodnight, o_e_l_e_o 🌹

What could have been his fate if he made himself known from the beginning? And later after Bitcoin is recognized?

For Satoshi to be able to hide his identity right from the beginning of the creation of Bitcoin made me to understand that the project called bitcoin is a well-calculated and well conceived idea.
It is not a product of coincidence or a product of a hungry investor, he must have envisaged the disadvantages of revealing his identity even before creating bitcoin.

Apart from his personal safety which might have made him died before his time, the safety of this bitcoin would also have been jeopardized. What would have triggered the much conflict is knowing that he is not from the United States.
But his anonymity has solved the whole problems that would have arose. That is a really good and genuine Legacy that is left by the wise discoverer for us to maintain.
legendary
Activity: 3010
Merit: 1280
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I must say that I'm now a Bitcoin addict and an ardent fan/supporter of Satoshi Nakamoto and the good initiative Bitcoin technology has brought to the world. But there are these questions that have been ringing in my head day and night as I continue to be curious about this man/men that brought this revolution to the financial space.

I would like people to furnish me with their views even though I personally believe that he would have been haunted by the world governments at the initial stage.

What could have been his fate if he made himself known from the beginning? And later after Bitcoin is recognized?

Well, you can take Vitalik Buterin as an example since ETH is the next popular cryptocurrency in the Industry. 

So what happens to Vitalik Buterin?  Is he endangered?  Got kidnapped?  Got criticized by the government?  Or is he well-acknowledged? Respected? And has authority over the Ethereum network?   I bet if Satoshi Nakamoto made himself known from the beginning, he would have experienced the same thing that Vitalik Buterin has experienced.

There are lots of crypto developers that are already known to the public, I believe Satoshi Nakamoto will also face the same thing as the developer of Bitcoin. 

He'll be taken quickly by the FBI or any syndicate that see his worth about his creation and the wealth, money that he has made.

But since he's a genius, he doesn't want to compromise his safety and identity in the public because he probably have foreseen these bad things might happen to him.

He can be abducted, kidnapped or anything that he can imagine of being done to him just for those bad people to take advantage of him.

And why is another cryptocurrency developer such as Buterin isn't taken by the FBI or syndicate?  I think we exaggerated things, thinking too many nefarious things will happen to Satoshi if ever he revealed himself from the beginning.



On a negative note, I think Satoshi is already dead, silenced by the authority thinking that Bitcoin will somehow stop propagating once Satoshi is killed.  That was just my assumption and does not bear any concrete evidence. Though I hope he is still alive somewhere enjoying his riches from selling BTC.  The one that is saved on an address that is not public.
hero member
Activity: 3150
Merit: 636
DGbet.fun - Crypto Sportsbook
He'll be taken quickly by the FBI or any syndicate that see his worth about his creation and the wealth, money that he has made.

But since he's a genius, he doesn't want to compromise his safety and identity in the public because he probably have foreseen these bad things might happen to him.

He can be abducted, kidnapped or anything that he can imagine of being done to him just for those bad people to take advantage of him.
legendary
Activity: 3304
Merit: 1617
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He could have been targeted by thieves, hell even government agents could have been trying to ‘suicide him.’
He would have been accosted by media, hangers on, he would have unwanted publicity. It works best for him & bitcoin in general that he remains anonymous. He may even be dead, I don’t think we’ll ever know & in my opinion it is best that way.
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