Pages:
Author

Topic: What possible reasons made Satoshi bow out from the crypto scene?? - page 2. (Read 269 times)

hero member
Activity: 3038
Merit: 617

Perhaps to solidify the trust in Bitcoin. While he disappears he also didn't sell anything from his genesis wallet.

Satoshi is also aware that creating a new currency that no one can control threatens the Dollar. Muammar Gaddafi paid in full when he tried to move away from Petrodollar. If a powerful man like Gaddafi can be stripped of his position to death because of it, Satoshi is no match if his identity is revealed.
hero member
Activity: 798
Merit: 702
I believe Satoshi's reason is what's keeping bitcoin and the entire crypto going up till now.
Had it been the creator's identity revealed, or in one way or another they know the people behind it, I believe we won't have gotten to this level that we are in the crypto space. Since Government has been looking for means to control bitcoin, all they could have done is go after the entity behind the technology and it will be a done deal.
copper member
Activity: 2856
Merit: 3071
https://bit.ly/387FXHi lightning theory
There's a good chance they didn't want to pass too much influence on bitcoin or that they expected bitcoin to be a prototype that lead on to further chains and perhaps extra features to drive usability (such as smart contracts or block intervals).

They might have considered themselves to be at risk too if they stayed in public scope or to be overwhelmed by enquiries for commercial or education related activities.

They might have found something else to focus on too, there's probably a lot of people that start and run projects for a few years and then move on from them once it looks like there's a strong enough team behind it.
legendary
Activity: 2534
Merit: 1233
He/she (or they) has a brilliant idea, and all his plan was successfully fulfilled that everything listed on the Bitcoin whitepaper.  As you can read the whitepaper title it said, (Bitcoin: A Peer-to-Peer Electronic Cash System) which is clearly what it means, it's an alternative to fiat that no one will control or a third party which is centralized organizations.  For sure it's financial freedom or privacy.
But people now start storing the value of Bitcoin or hoarding it, not using it as a payment system.

But hey, this isn't an appropriate board for this you can move this on the Bitcoin discussion board, scroll down below, and hit the "move topic".
newbie
Activity: 18
Merit: 4
What possible reasons made Satoshi bow out from the crypto scene?

Satoshi being an individual or a group is still uncertain whether he is a male or female none can tell. But at least there was a kind of communication with the public before Satoshi bowed out from the crypto scene, this action added to the identity controversy that was already existing. Now the question is what might have been the possible reasons for bowing out?

Some say i was for security reasons as Government might track him down as seen today how cryptos are being opposed.

What reason do you think might have really caused his action?
Pages:
Jump to: