Who is the Founder of Bitcoin?! - page 6.

kik1977

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Wherever I may roam

Quote from: Snorek on June 10, 2016, 10:22:24 AM

Quote from: kik1977 on June 10, 2016, 04:22:13 AM

Good luck with the IRS if he's going public.

,
Interesting aspect, from what I know IRS classified bitcoin as a 'property' and not as 'currency'. In general the IRS is taking a cautious approach due to infancy of cryptocurrencies.
So I wonder whetehr IRS could tax BTC and if yes, then 'how' huge bitcoin stash could be taxed? We have to remember that law is not retroactive.

I said IRS assuming Satoshi is a US citizen. Although most likely he is/they are not, the same will apply to any country. Where I am from, I shouldn't declare bitcoins I have mined. However, when I am going to sell them, I should declare the income for taxation. Therefore, if I was to declare that I hold 1.000.000 btc, they will watch and monitor any step I make.

Snorek

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Quote from: kik1977 on June 10, 2016, 04:22:13 AM

Good luck with the IRS if he's going public.

,
Interesting aspect, from what I know IRS classified bitcoin as a 'property' and not as 'currency'. In general the IRS is taking a cautious approach due to infancy of cryptocurrencies.
So I wonder whetehr IRS could tax BTC and if yes, then 'how' huge bitcoin stash could be taxed? We have to remember that law is not retroactive.

marcuslong

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Is Satoshi Nakamoto really the founder of bitcoin?
Yup satoshi nakamoto is founder of bitcoin.
Then why he did not show in public?
I think he have a reason why. Because if he public his name Many rubbers or bad guys want to find him. And they do bad things like kidnap for bitcoin ransom.
What do you think the reason maybe?
Because if he shown up many things that will happen bad things and good things but i think he have a simple life that he wants
He might be a billionaire by now if he showed his true identity in public.
I think he is quite billionaire that his family only know how much money he have.

bitcoineverything

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InvestnTrade. Latest from the crypto space.

We can not even tell if Satoshi Nakamoto is an individual person or a group of people. He/she/they hide most probably beacuse of security reasons.

Betwrong

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Quote from: Daniel91 on June 10, 2016, 04:33:00 AM

And here we are again

Nobody can answer this question.
It can be even group of people or organization behind this name, we don't know.
For me personally, much more important question is what we can do with Bitcoin?
Can Bitcoin change our lives?
How?
I'm sure that founder of Bitcoin have very good reasons to hide his identity.
So, let's focus on Bitcoin and more productive things.

You are right but still it's interesting to know who he is, well to me at least. I was watching with big interest that BBC guy the other day, thought it's him. Actually I still think it's him, but I know the majority of the community don't think so.

Daniel91

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And here we are again

Nobody can answer this question.
It can be even group of people or organization behind this name, we don't know.
For me personally, much more important question is what we can do with Bitcoin?
Can Bitcoin change our lives?
How?
I'm sure that founder of Bitcoin have very good reasons to hide his identity.
So, let's focus on Bitcoin and more productive things.

tonlong

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Quote from: delliaerd on June 10, 2016, 02:12:33 AM

Quote from: erickkyut on June 06, 2016, 09:49:44 AM

Is Satoshi Nakamoto really the founder of bitcoin? Then why he did not show in public? What do you think the reason maybe? He might be a billionaire by now if he showed his true identity in public.

Yes satoshi does, i don't have any objections with that.
But he should not show personal indentations on public because it will potentially give bad affect with satoshi real life mainly with assets safety or own life. So satoshi nakamoto have good decision to make her/his self keep anonymous.

When Satoshi initially set up the bitcoin network he was the only person running the software so he mined all of the first bitcoins, about a million of them. Those coins are still there, you can see them on the blockchain, they haven't moved in years and everyone knows that they are Satoshi's coins. For someone to prove that they are Satoshi all they have to do is spend some of those coins.

kik1977

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Wherever I may roam

Good luck with the IRS if he's going public.

bitcoinvestor

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Quote from: BombayChicken on June 06, 2016, 10:25:45 AM

There is no founder of the bitcoin and if hi where there he would aleady sad that he found the bitcoin. I dont think they called founders i think someone make the btitcoin

I agree with you that bitcoin is created not founded. SO there is no owner in bitcoin community

StarofBTC

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I am not sure Satoshi is the real founder of Bitcoin or not. but it doesn't matter, why should we waste our time to find founder of bitcoin when he himself want to be anonymous and don't publish his identify..
we believe on bitcoin and the current bitcoin rate, thats all for us.

If Satoshi was the real founder of bitcoin the he is probably no more.

yenxz

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Quote from: Lauda on June 06, 2016, 10:03:49 AM

Quote from: erickkyut on June 06, 2016, 09:49:44 AM

Is Satoshi Nakamoto really the founder of bitcoin?

Yes.

Quote from: erickkyut on June 06, 2016, 09:49:44 AM

Then why he did not show in public? What do you think the reason maybe?

Why would he? He would most likely be in life-threatening danger if he did.

Quote from: erickkyut on June 06, 2016, 09:49:44 AM

He might be a billionaire by now if he showed his true identity in public.

He doesn't have to show anything to the public. Anyhow, Bitcoin is not based on trust, nor any kind of authority. Who invented it does not matter at this point, nor does any know who Satoshi is.

Awesome,good answer mr. Lauda,yes agree with you,satoshi is the founder of bitcoin,and he should not show his self to public,its dangerous for him and people around him,and also i hear that dorian Nakamoto also suggest same thing,he ask Satoshi to keep hidung.. but i wonder untuk when?its foverever we can't see the real Satoshi??

BitMaxz

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BTC price road to $80k

Quote from: delliaerd on June 10, 2016, 02:12:33 AM

Quote from: erickkyut on June 06, 2016, 09:49:44 AM

Is Satoshi Nakamoto really the founder of bitcoin? Then why he did not show in public? What do you think the reason maybe? He might be a billionaire by now if he showed his true identity in public.

Yes satoshi does, i don't have any objections with that.
But he should not show personal indentations on public because it will potentially give bad affect with satoshi real life mainly with assets safety or own life. So satoshi nakamoto have good decision to make her/his self keep anonymous.

Yeah right and if you are looking some proof you can found it here he name account is satoshi nakamoto that you can see under his name found of bitcoin and this bitcoin forum. that's a proof that i know because of research here before..

delliaerd

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Quote from: erickkyut on June 06, 2016, 09:49:44 AM

Is Satoshi Nakamoto really the founder of bitcoin? Then why he did not show in public? What do you think the reason maybe? He might be a billionaire by now if he showed his true identity in public.

Yes satoshi does, i don't have any objections with that.
But he should not show personal indentations on public because it will potentially give bad affect with satoshi real life mainly with assets safety or own life. So satoshi nakamoto have good decision to make her/his self keep anonymous.

BTCLovingDude

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BTC to the moon is inevitable...

who cares about the founder of bitcoin!
bitcoin is an open source technology which means it belongs to everyone and since there are many developers working on it now they are the creators of the new bitcoin (i am talking about the new code and the changes)

ning_chang

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Quote from: erickkyut on June 06, 2016, 09:49:44 AM

Is Satoshi Nakamoto really the founder of bitcoin? Then why he did not show in public? What do you think the reason maybe? He might be a billionaire by now if he showed his true identity in public.

I think the reason why satoshi nakamoto is not showing his real profile is for his privacy and for his security purposes, He might be rob or kidnap

Decoded

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give me your cryptos

Everyone here who says that Satoshi sold reveal himself is most likely a kid. They don't understand the dangers of publicity, and even creating something like bitcoin. You could bring down companies and markets, and people you want knocking on your door.

You could be an assassination target.

MWesterweele

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You already said the reason why satoshi nakamoto dont show on public.Being a billionare isnt that easy your life is in risk everytime you go out and shown your identity in public.As owner of the most well known cryptocurrency coin he is already a millionaire and thats the reason why he keep his indentity in publicBevause im sure therr are threats to him

groll

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Quote from: erickkyut on June 06, 2016, 09:49:44 AM

Is Satoshi Nakamoto really the founder of bitcoin? Then why he did not show in public? What do you think the reason maybe? He might be a billionaire by now if he showed his true identity in public.

Yes satoshi Nakamoto created bitcoin, He just want to be anonymous, no one know him, he just want to hide himself from the public. I think for safety purposes. He might be kidnap or rob

wintermeasures

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Quote from: erickkyut on June 06, 2016, 09:49:44 AM

Is Satoshi Nakamoto really the founder of bitcoin? Then why he did not show in public? What do you think the reason maybe? He might be a billionaire by now if he showed his true identity in public.

Yes with all information and news that I read satoshi Nakamoto is the founder bitcoin. I think there are two reasons why he did not reveal himself in public.
First : as we know bitcoin currency is hated by many governments around the world, and as we know bitcoin is desetralisasi. So did not recognize satoshi Nakamoto I guess to avoid the intervention from the government.
Second : when bitcoin turned into a scam then satoshi Nakamoto will be safe and free from the law instead, but of course I did not expect this thing happen
thank you

sishendaoye

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Quote from: Jeremycoin on June 06, 2016, 10:31:17 AM

Bitcoin supposed to be anonymous, that's why even the founder won't show up because he/she knows what does it mean to be anonymous.

Indeed no one knows who the founder is because its anonymous and I also think this will always be like this.
Some people are saying they are the founder but there never been any good proof...

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