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Topic: Why does "Satoshi" remain anonymous? - page 4. (Read 5126 times)

sr. member
Activity: 469
Merit: 250
J
November 23, 2014, 09:20:13 AM
#31
she don't love me
sr. member
Activity: 378
Merit: 250
November 23, 2014, 09:18:16 AM
#30
It would be dangerous for both him & his family to reveal his identity.

Any smart man would do the same.

Why? Because someone could steal his Bitcoins?
That & exploiting information potentially harmful to Bitcoin (as we already know the success of BTC equals the downfall of modern banking).
legendary
Activity: 1960
Merit: 1062
One coin to rule them all
November 23, 2014, 08:44:00 AM
#29
Actually, the speculators would piss themselves in fear if the satoshi btc has moved.

Are not Satoshis bitcoin adresses unknown (except the first days when Satoshi was likely the only minner)  Huh

Even the first days is a significant amount.
He was mining 7200 BTC per day in the beginning.
sr. member
Activity: 434
Merit: 250
November 23, 2014, 08:23:51 AM
#28
Why does Satoshi remain anonymous?

I think because he has trillion dollars worth bitcoin and on which he don't wanna pay tax..  Wink

Actually, the speculators would piss themselves in fear if the satoshi btc has moved. I think he knows very well that it would be the biggest crash if he touched those coins.

If he was motivated by making money, I think he would have cashed out already a long time ago.

Obviously there's a chance that he/she will move it, but I highly doubt that.

actually, if he moves the coins off-market, it probably wouldn't even be a huge crash. there would be a whirlwind of speculation and the price would probably go down a bit, but that's probably about it.
sr. member
Activity: 375
Merit: 250
November 23, 2014, 05:30:57 AM
#27
Actually, the speculators would piss themselves in fear if the satoshi btc has moved.

Are not Satoshis bitcoin adresses unknown (except the first days when Satoshi was likely the only minner)  Huh
hero member
Activity: 886
Merit: 1013
November 23, 2014, 05:21:54 AM
#26
Why does Satoshi remain anonymous?

I think because he has trillion dollars worth bitcoin and on which he don't wanna pay tax..  Wink

Actually, the speculators would piss themselves in fear if the satoshi btc has moved. I think he knows very well that it would be the biggest crash if he touched those coins.

If he was motivated by making money, I think he would have cashed out already a long time ago.

Obviously there's a chance that he/she will move it, but I highly doubt that.
AGD
legendary
Activity: 2070
Merit: 1164
Keeper of the Private Key
November 23, 2014, 05:16:16 AM
#25
It would be dangerous for both him & his family to reveal his identity.

Any smart man would do the same.

Why? Because someone could steal his Bitcoins?
sr. member
Activity: 378
Merit: 250
November 23, 2014, 04:32:36 AM
#24
It would be dangerous for both him & his family to reveal his identity.

Any smart man would do the same.
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
November 23, 2014, 03:37:25 AM
#23
there he is:

AGD
legendary
Activity: 2070
Merit: 1164
Keeper of the Private Key
November 23, 2014, 02:31:00 AM
#22
Why does Satoshi remain anonymous?

Because he is dead. Otherwise he would have been spending at least some of his 1000000 BTC since his disappearance.
legendary
Activity: 3038
Merit: 1032
RIP Mommy
November 22, 2014, 11:44:17 PM
#21
Satoshi is waiting for people like me to change their names to Satoshi so they can be Spartacus.
sr. member
Activity: 434
Merit: 250
November 22, 2014, 11:38:51 PM
#20
the guy is worth billions of dollars and kidnappers could easily take him hostage while ransoming him. plus all the media attention would suck, not to mention government agencies that would contact him.
newbie
Activity: 27
Merit: 0
November 22, 2014, 11:17:48 PM
#19
The first credit to Bitcoin in the white paper was a citation for Wei Dai’s “bmoney”.

The first paragraph of “bmoney”:

“I am fascinated by Tim May’s crypto-anarchy. Unlike the communities traditionally associated with the word “anarchy”, in a crypto-anarchy the government is not temporarily destroyed but permanently forbidden and permanently unnecessary. It’s a community where the threat of violence is impotent because violence is impossible, and violence is impossible because its participants cannot be linked to their true names or physical locations”. ~Wei Dai

*Below is a Tim May quote which explains why a system like Bitcoin would have to be created and launched open-sourced and anonymously:(THIS IS THE REASON)

Tim May: “Anyone contemplating building such a system, or entity, or cybercorporation, should think long and hard about the wisdom of ever having an identifiable nexus of attack. Money must be collected in untraceable ways. This is what I meant about it being time to rethink the theory of the corporation.”

"Where once a corporation existed to both protect the rights of shareholders (against lawsuits and partners having to pay for losses) and to enable the group participation of many workers, corporations for the things Cypherpunks think are interesting is just a bad idea. And given the growing trend toward trying to prosecute the V.P of Yahoo-Europe because some bit of Nazi history was sold to some German citizen, etc., corporations are becoming a liability in cyberspace”.

"The answer is to vanish into cyberspace. Not an easy task, maybe, given the state of today’s tools, but the long term trend".

Note: You can't give the government someone to accuse of being crazy or accuse of having connections to anti-government or terrorist groups.

^ Good Post, Here's more of Tim C. May on the subject....

Tim C. May: "This makes Yahoo, Amazon, EBay the easy targets for lawsuits by foreign governments, lawsuits by PC groups in America, boycotts(which are OK, of course), and even direct actions against corporate officers. How long will it be before corporate offices at EBay are  bombed because birth control stuff is sold on EBay? How long before the President of Amazon is assassinated one night for "allowing" books like "The Satanic Verses" be sold on his system?"

"These three companies are representative of the trend toward a corporation, readily traceable to a physical location, acting as the "marketplace" location. Even more abstractly, Napster only distributed an _indexing_ application and then provided a forum for indices to be published. And yet what has happened with Napster is and was predictable. (If you set up a music pirating system, as seen by others, and paint your name and address on your back, you _will_ be sued. A bunch of us pointed this out at a CP physical meeting in early 2000, when Napster was just starting to become known.)"

"There's a better solution to this "big targets problem": peer-to-peer, a la Gnutella, Mojo, etc. No identifiable nexus of corporate control. Online clearing. Reputation intermediaries. Digital cash (not strictly needed, if N (number of sellers and buyers) is large enough and there is no central clearinghouse which can be sued.)"

"Making the agora disappear into cyberspace, whether by sheer numbers of sellers and buyers (peer-to-peer) or by robust encryption (a la BlackNet) is an important goal."

"The Theory of the Corporation" needs revisiting."

"So, what's the solution?"

"The solution is that the technology clearly exists to allow entities to reside in cyberspace. What is lacking, as always, is the means to collect untraceable digital cash..clearly a bidirectionally untraceable system, "true" digital cash, is needed." ~Tim C. May
newbie
Activity: 25
Merit: 0
November 22, 2014, 10:31:12 PM
#18
The first credit to Bitcoin in the white paper was a citation for Wei Dai’s “bmoney”.

The first paragraph of “bmoney”:

“I am fascinated by Tim May’s crypto-anarchy. Unlike the communities traditionally associated with the word “anarchy”, in a crypto-anarchy the government is not temporarily destroyed but permanently forbidden and permanently unnecessary. It’s a community where the threat of violence is impotent because violence is impossible, and violence is impossible because its participants cannot be linked to their true names or physical locations”. ~Wei Dai

*Below is a Tim May quote which explains why a system like Bitcoin would have to be created and launched open-sourced and anonymously:(THIS IS THE REASON)

Tim May: “Anyone contemplating building such a system, or entity, or cybercorporation, should think long and hard about the wisdom of ever having an identifiable nexus of attack. Money must be collected in untraceable ways. This is what I meant about it being time to rethink the theory of the corporation.”

"Where once a corporation existed to both protect the rights of shareholders (against lawsuits and partners having to pay for losses) and to enable the group participation of many workers, corporations for the things Cypherpunks think are interesting is just a bad idea. And given the growing trend toward trying to prosecute the V.P of Yahoo-Europe because some bit of Nazi history was sold to some German citizen, etc., corporations are becoming a liability in cyberspace”.

"The answer is to vanish into cyberspace. Not an easy task, maybe, given the state of today’s tools, but the long term trend".

Note: You can't give the government someone to accuse of being crazy or accuse of having connections to anti-government or terrorist groups.
legendary
Activity: 1064
Merit: 1000
November 22, 2014, 09:35:59 PM
#17
What if satoshi is a really really smart minor, whos wants to stay anonymous because well, he's underage. As soon as he gets of age, he will reveal himself to the public.

Just a theory lol, probably not true
hero member
Activity: 1190
Merit: 534
November 22, 2014, 09:34:48 PM
#16
Why does Satoshi remain anonymous?

I think because he has trillion dollars worth bitcoin and on which he don't wanna pay tax..  Wink
legendary
Activity: 812
Merit: 1002
November 22, 2014, 09:32:06 PM
#15
Why does Satoshi remain anonymous?

He'll be a dead famous guy pretty quickly if it's out in the open. You cannot personally praise, nor target someone that doesn't have a identity.
legendary
Activity: 2506
Merit: 1030
Twitter @realmicroguy
November 22, 2014, 08:27:32 PM
#14
Why does Satoshi remain anonymous?

Because he vanished with over one million Bitcoins that he mined while controlling the lion's share of the network hashrate. He's super intelligent and would prefer to spend his fortune one day without the risk of taxation or prosecution. FYI: I have spoken to him once. Cheesy
hero member
Activity: 714
Merit: 503
November 22, 2014, 07:48:30 PM
#13
his life would be in danger if he weren't anonymous
newbie
Activity: 56
Merit: 0
November 22, 2014, 07:41:55 PM
#12
He's what they call a legend, a made up persona for an intelligence org.

Come on

Nakamoto means Central in Japanese

Satoshi is connected to wisdom or Intelligence in Japanese

So CENTRAL INTELLIGENCE is his legend (fake name) which means it's not the CIA

That's why he got turned off when the CIA threat manifested a while back

The NSA or MI6 or Mossad or whatever intelligence org created the white paper shut down the legend Satoshi

If he was real he would have been outed by now
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