Topic: WHY IS SATOSHI NAKAMOTO NOT HERE TALKING - page 2. (Read 660 times)

It's probably for safety purposes why he/she/they remains anonymous or there must be something that happened which we didn't know.

But saying that crypto is backed by nothing then why there were talks about how much electricity is being consumed by the bitcoin network and even compared to a consumption of a well-known country.

No one can explain you about this since over the past years there's no track of satoshi's been found and even the person who tells that they have information cannot validate it that's why there are so many clowns claim that they are the real satoshi.

Maybe he's off and people don't know on what happen on him maybe there's a time that he will show if he's still fit and kicking.

are you mean PI Network?, oh ma trap!

Yeah but why does 87% of bitcoins are owned by 1% of the network that seems more Centric

Yeah but gives people an alternative HOW average Joe cant afford it!!  LOL

Talk about wasteful Electricity as much as a small Country!! From Corporation Mining Fields doesn't sound like the average people but corporations

There's plenty of Gold and Silver You just mine it!!  
not every one has to have a thousand of ounces! it is very malleable you can mint it as thin as paper
Check ebay there are paper thin Gold/silver $100's that look like $100bills I have 1 they are rare,  others ones are 4ounces
You can still run governments with sound money.

Also Debt can be for given its called the year of Jubilee... happens throughout history many times!

Satoshi Nakamoto designed bitcoin to be fully decentralized and driven by a community, not controlled by a single individual. He never intended to be a currency where decisions will be dependent on him. His silence removed that single of failure. Bitcoin is community-driven

Crypto currencies like Bitcoin is not backed by nothing. A lot of electricity are used to create it and the demand for it comes from the needs of the people. It gives people a alternative to Fiat currencies that are controlled by governments.

There is not enough Gold & Silver and other precious metals to satisfy the debt driven global economy and the large expenditure that are done to keep these economies alive, so governments switched to a currency that they can manipulate to suit their agenda to have control over these economies.

So, Bitcoin is our alternative to break away from that broken system and to use a currency that are based on pure demand and transparent supply that are not controlled by any government.  

For me Satoshi decided to keep his/her life in private and doesn't want the spotlight.
I think Satoshi is just a normal citizen that is why he/she choose to stay hidden from all of us.

LOL!! ask any banker if Fiat or cryto are money!!  They will tell you NO! It is CREDIT..  
Money is always been Gold and silver... History proves it  thousands of years, than just what.... 10year old bitcoin credit

 Also i am more interested in the BLOCKCHAIN what it is built upon!!   everything can use blockchain

Do you really believe that? Are apples and oranges the same though they both are fruits? Are Snickers and Hersheys the same though they both are chocolates? The same analogy applies here.

Crypto and FIAT are sources of money, but they differ in many, many ways and are definitely not the same thing. If you prefer gold and silver over crypto, why are you interested in this forum? Its because you are interested in what crypto has to offer.

YES!
I do have the oldest alternative money coin on earth and right now it is the most undervalued coin on earth and is used in every electronic device even in your cellphone and solar panels, etc...   Its called Silver ounce coin!  it is dirt cheap I own a thousand been buying over the past 7 years on the lows.  YOU CAN ALSO MINE IT...
and its not as volatile as Bitcoin but can be at times look at what happened to silver back in 2008-2011.  Silver took off before bitcoin did.
I think Bitcoin was created as an allusion from the true real money coin silver.  To distract the masses!  
There are truly evil people in this world.  If everyone ran to physical gold/silver it would end the Federal Reserve over night.  But people don't they just trade the Fools Gold and Fools silver ticker GLD and SLV in stock market...  And its the same thing that is happening to Bitcoin people are not holding Bitcoins but just trade the Funds that track it in stock market..  
Is something wrong here??
also Pi Network  Shhh!

LOL there is no difference from fiat to cryptocurrency! it is exactly the same thing.   Just fiat is backed by governments and crypto is backed by nothing.  Once people loose faith in something it becomes worthless, and that what currencies DO overtime! happens throughout history.  Only money that never lost Faith is GOLD, SILVER  it is the oldest dated money thousands of years old.   and its not a currency but called true money
Silver used to be called peoples money and still is.  funny why crypto is called a coin... Crypto usually has a gold or silver look to it in pics  

So what is the alternative you propose? Except stable coins, all other cryptos are dynamic. Can you find a single crypto that is not volatile like bitcoin?

I agree that the price volatility is one of the major bottlenecks for bitcoin's mainstream adoption. But the same price volatility makes it a speculator's heaven. Do you still have an alternative?

Transparency is great in most cases, but in this case, it really doesn't matter. Donald Trump or Hillary Clinton would've been Satoshi and it wouldn't matter because what matters most is that the codebase is transparent.

Firstly no one , literally no one said that Bitcoins were supposed to be a stable Currency.

We already have Fiat for that and I do think nothing is looking forward to replace it .

Its volatility is what makes it more and more useful for the traders , they usually go around buying Bitcoins when it is low and afterwards they make huge profits and market stabilizes .

I do think you are just comparing it to something different , it is a new world currency one cannot just put a tag on it .
Nor does Mr. Satoshi owes us any explanation for him to be coming here and discussing .

He helped us a lot and let's leave it at that .

Same here I believe that and always have.  Not being transparent never is good in anything though.

Why do always scamming people type in capitals? Anyway, imagine a list with all the bitcointalk topics about satoshi nakamoto and who is he. It would not end 

I guess that Satoshi isn't real person. It's more likely group of the persons, who developed bitcoin blockchain

I support Cryptocurrency NO DOUBT!   But I believe Cryptocurrency should be cheap for everyone to use!  Stable to put in your wallet!
Not to buy Bitcoin then convert it to USD!    We are trying to get away from USD and government back money.  More towards just using Peoples money(cryptocurrency) to buy and sell NOT CONVERT! That makes no sense.  your treating it like a stock and not currency!

 All fiat money, yeah there are times government fiat can fluctuate wildly but still is average mostly stable.  
But all Fiat Money Direction is down to 0.00 once after created.(look at USD graph after took OFF gold standard) I don't understand why everyone thinks Bitcoin is going up forever!  Fiat don't work like that unless back by Gold.  Gold makes it stable but goes up against all other currencies cause gold never fluctuates ONLY fiat currencies do!
The average Joe can't afford a bitcoin and put his savings into that wildly fluctuates. So person can get off the Fake FED money or government back money.  That is the whole point of Crypto

Everybody I know doesn't own a single Bitcoin!!!  But just trades it Via GBTC, BTC(fund) that tracks it so they don't really own the coin itself.
Its like investing in (ETF) GLD  to buy GOLD but you will never own real gold that way(that also makes no sense)

So being said and about Bitcoins Idea when no one is actually holding the coins in wallets and buying stuff whats its meant for. (everyone I know just trades the Fund on stock market.  It makes no sense.

Thats why  SATOSHI NAKAMOTO   needs to come Out and Fix his/her,  whomever   the creator of Bitcoin  Problem and have it affordable not a Gamble.     SATOSHI NAKAMOTO should back Bitcoin by gold to stabilize it now

Average person cant even afford to mine 1 bitcoin so  SATOSHI NAKAMOTO  needs to fix that and stop hiding or come back from the DEAD!

It would be easier if you are just basing it on Bitcoins price and not having a fixed BTC price for an item.

For example, if you were selling the laptop for $500 USD at this time, the price of BTC is around $8700ish~, it would be 0.0576~ Once you receive the BTC, convert it immediately to fiat. If that's what you are worried about. If the price of BTC is $4000 it would be 0.125. It's still $500 but you have more BTC with it.

I think that's what's great with the volatility, it's somewhat going to be a gamble. If you support BTC, support it, if not, don't be a crybabygangsta .