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Topic: Why Satoshi hides his identity? - page 3. (Read 741 times)

copper member
Activity: 61
Merit: 4
crypto-development and marketing agency
November 30, 2019, 01:12:04 PM
#76
Given the popularity that Bitcoin has already gained and the popularity that will be in the future, it is simply not safe to remain a public person, personally for Satoshi as well as for the entire Bitcoin ecosystem.
full member
Activity: 438
Merit: 100
arcs-chain.com
November 30, 2019, 12:21:18 PM
#75
Creating an entirely new currency can have many legal consequences. Maybe Satoshi Nakamoto anonymously helped him avoid legal consequences, contributing to the success of the bitcoin.
sr. member
Activity: 728
Merit: 254
November 30, 2019, 12:01:33 PM
#74
Almost every day a new person comes up with the claim that he/she is the real Satoshi. The real satoshi surely does not want any kind of fame. If he/she/they want fame he could have disclosed his identity earlier. But what could be the possible reason that Satoshi still hides his identity? Does he have a big plan for the future?
Regardless on his reasons, let's just respect and accept his decision of hiding his real identity from the public... He is a smart and intelligent guy so I think he has his deep reason why he chose to be anonymous. He could now just enjoy watching us use it, he could be earning lot right now but hr didn't. What if he wanted to reveal himself but he just can't?
sr. member
Activity: 1638
Merit: 300
November 30, 2019, 11:59:41 AM
#73
Almost every day a new person comes up with the claim that he/she is the real Satoshi. The real satoshi surely does not want any kind of fame. If he/she/they want fame he could have disclosed his identity earlier. But what could be the possible reason that Satoshi still hides his identity? Does he have a big plan for the future?

I think this is a major thing, not just because he has a plan but because he wants it to take longer in this industry. If a lot of people know his identity, I think there are a lot of people that would also try to destroy it through using him. That would also mean, for example, he is a from country x, the government might join the debate and might try to centralize bitcoin.
sr. member
Activity: 1022
Merit: 276
★Bitvest.io★ Play Plinko or Invest!
November 30, 2019, 11:37:26 AM
#72
Almost every day a new person comes up with the claim that he/she is the real Satoshi. The real satoshi surely does not want any kind of fame. If he/she/they want fame he could have disclosed his identity earlier. But what could be the possible reason that Satoshi still hides his identity? Does he have a big plan for the future?
I think there are many reason that make Satoshi hides his identity. Privacy is an important feature of Bitcoin so he want to do the same to his identity. Now we can see that the governments want to shutdowns Bitcoin and imagine what will they do if they know its father.
Yes, there are so many possible things to happen if the real satoshi will identify himself. It can bring something bad since the brain behind bitcoin will be identified and taking over or controlling it will be possible if this will happen.
hero member
Activity: 1540
Merit: 508
November 30, 2019, 10:28:29 AM
#71
Almost every day a new person comes up with the claim that he/she is the real Satoshi. The real satoshi surely does not want any kind of fame. If he/she/they want fame he could have disclosed his identity earlier. But what could be the possible reason that Satoshi still hides his identity? Does he have a big plan for the future?
I think there are many reason that make Satoshi hides his identity. Privacy is an important feature of Bitcoin so he want to do the same to his identity. Now we can see that the governments want to shutdowns Bitcoin and imagine what will they do if they know its father.
sr. member
Activity: 1260
Merit: 315
www.Artemis.co
November 30, 2019, 08:24:34 AM
#70
It's simple,
When Satoshi Nakamoto reveals his true identity many people will take interest and find her and use his knowledge to control bitcoin secretly.

We do not even know if satoshi nakamoto is still alive or not.
Not only that we don't even know it's 1 person or a group of individuals.In any case, it would be better for the bitcoin and cryptocurrency community if we did not find out who Satoshi is. If everyone finds out who he / they are, then on the one hand everyone will admire them and on the other hand they can be punished and poured with dirt.

The main reason why satoshi didn't want to reveal his identity is because he is the main for the decentralization of bitcoin. He knows everything the code and how blockchain works. That's why if the FBI or Interpol catch him. He might force to take down bitcoin which he might be capable of. This is just my theory and I have no concrete proof about my claim.
Well, it has a point, where he created a decentralized coin, if ever the creator itself wasn't able to hide his own identity, then the decentralization he works hard to be made will nothing but a waste. Everything he created might be put in danger of shutting down or fall under control in the hand of someone.
copper member
Activity: 2800
Merit: 1179
Leading Crypto Sports Betting & Casino Platform
November 30, 2019, 06:40:02 AM
#69
It's simple,
When Satoshi Nakamoto reveals his true identity many people will take interest and find her and use his knowledge to control bitcoin secretly.

We do not even know if satoshi nakamoto is still alive or not.
Not only that we don't even know it's 1 person or a group of individuals.In any case, it would be better for the bitcoin and cryptocurrency community if we did not find out who Satoshi is. If everyone finds out who he / they are, then on the one hand everyone will admire them and on the other hand they can be punished and poured with dirt.

The main reason why satoshi didn't want to reveal his identity is because he is the main for the decentralization of bitcoin. He knows everything the code and how blockchain works. That's why if the FBI or Interpol catch him. He might force to take down bitcoin which he might be capable of. This is just my theory and I have no concrete proof about my claim.
hero member
Activity: 2534
Merit: 605
November 30, 2019, 06:21:42 AM
#68
Almost every day a new person comes up with the claim that he/she is the real Satoshi. The real satoshi surely does not want any kind of fame. If he/she/they want fame he could have disclosed his identity earlier. But what could be the possible reason that Satoshi still hides his identity? Does he have a big plan for the future?
I can't really tell why Satoshi Nakamoto is hiding, but I have always thought of the possible reasons that can cause him to remain anonymous and things that always comes to mind are – maybe he's hiding from the wrath of big banks?

Although I have seen some people claim that banks are not worried about cryptocurrency, I don't think that is true. Central banks are run by influential people, and I don't think any of these people would be happy seeing Bitcoin ruin their businesses for them. The next thing is the angry Wall Street, lol. People like Warren Buffet are seriously against the use and investing in Bitcoin, and that's another long story, you can search that up on Google.

Other things that also comes to my mind is that maybe he's someone that likes privacy or he's ...dead? Sad But in the other way round, if there's a risk in being Satoshi Nakamoto, then why are people still claiming to be him? Well, I'm just really confused anytime I think of this.
sr. member
Activity: 980
Merit: 252
November 29, 2019, 05:20:01 PM
#67
It's simple,
When Satoshi Nakamoto reveals his true identity many people will take interest and find her and use his knowledge to control bitcoin secretly.

We do not even know if satoshi nakamoto is still alive or not.
Not only that we don't even know it's 1 person or a group of individuals.In any case, it would be better for the bitcoin and cryptocurrency community if we did not find out who Satoshi is. If everyone finds out who he / they are, then on the one hand everyone will admire them and on the other hand they can be punished and poured with dirt.
legendary
Activity: 1638
Merit: 1033
November 29, 2019, 04:48:19 PM
#66
No one knows for sure why Satoshi hid his identity. And certainly the reason for not being known to people is a logical and best reason for him. Like bitcoin which is anonymous then why is the creator anonymous too. So we don't need to believe the statements of those who claim to be Satoshi, just prove it with his wallets.
copper member
Activity: 2968
Merit: 575
www.Crypto.Games: Multiple coins, multiple games
November 29, 2019, 04:03:30 PM
#65
Almost every day a new person comes up with the claim that he/she is the real Satoshi. The real satoshi surely does not want any kind of fame. If he/she/they want fame he could have disclosed his identity earlier. But what could be the possible reason that Satoshi still hides his identity? Does he have a big plan for the future?
This is the beauty of bitcoin. It is as if a single authority created the coin and then disappeared among the crowds so that the whole system remains truly "DECENTRALIZED". If people really knew who Satoshi was, then anything he said would have caused serious impact on the system. People would consider him as the single "leader" of bitcoin. But a true decentralized currency has no single leader and no single authority in charge.
sr. member
Activity: 1246
Merit: 255
Leading Crypto Sports Betting & Casino Platform
November 29, 2019, 03:36:41 PM
#64
1. Satoshi is dead. We have tsunamis hitting Asia in 2010, many people were considered lost and their bodies were never recovered. There are plane crashes and car accidents.
He simply died before ever having a chance to reveal himself.
^ This was also in my mind. He probably died and didn't even reveal himself as Satoshi Nakamoto. Probably if he still alive maybe there will be a sign that comes from to him but it seems nothing, it's like totally died. But in this case, we respect what he wants, hiding or just he was dead, respect of what he wants. Because this is what he wanted to be and probably even his family don't want to involve such as a controversial about Bitcoin and probably their lives will put endangered.
No one can stand against the nature, and there are chances that he might have died out of something. It can be of Tsunami, accidents or some other health problems. He preferred to stay hidden which also needs to be considered, because if he gets revealed it becomes the network going under his control. Another thing even if he's alive staying hidden is always good, because surely he'll receive threats from governments.
sr. member
Activity: 1680
Merit: 288
Eloncoin.org - Mars, here we come!
November 29, 2019, 03:21:06 PM
#63
There are plenty of reasons why somebody that designed a system that could literally crash would governments would want to hide.

Firstly, what happens if Satoshi built a backdoor into the system? Not saying he did, but he would not want his identity known since this would prefer him from exploiting the backdoor.

Secondly, cryptocurrencies are designed to be anti-government. If he was born in certain countries, simply creating Bitcoin could be considered an afront to the government and be punishable to some extent.

More realistically however, Satoshi is likely deceased. It has been a decade since he created it. Assuming he was 50 when he made it, that would make him 60 now.

Based on there being around a 20% chance of dying each decade between 50 and 60 years old, there's a good chance he simply kicked the bucket.
it is easier to suppress a system that is not wanted by the government, if the founder is known to exist.

I believe Satoshi will be ostracized in such a way and even worse than Julian Assange if he really appears. Regarding age and death, it would be very bad if the actual conditions were known in general, because the decentralized freedom system would also cause invalid claims and continue to emerge from false successors.
legendary
Activity: 2030
Merit: 1189
November 29, 2019, 02:39:29 PM
#62
There are plenty of reasons why somebody that designed a system that could literally crash would governments would want to hide.

Firstly, what happens if Satoshi built a backdoor into the system? Not saying he did, but he would not want his identity known since this would prefer him from exploiting the backdoor.

Secondly, cryptocurrencies are designed to be anti-government. If he was born in certain countries, simply creating Bitcoin could be considered an afront to the government and be punishable to some extent.

More realistically however, Satoshi is likely deceased. It has been a decade since he created it. Assuming he was 50 when he made it, that would make him 60 now.

Based on there being around a 20% chance of dying each decade between 50 and 60 years old, there's a good chance he simply kicked the bucket.
legendary
Activity: 2296
Merit: 1335
Don't let others control your BTC -> self custody
November 29, 2019, 02:33:03 PM
#61
Being in Satoshi's shoes I'd be hiding too. You have to always watch pros and cons of every decision and weigh them.
What could he gain from coming out? He'd be attacked just like Dorian Nakamoto was. His world would be in ruins. No family life, paparazzi everywhere, death threats maybe...
If he ever wants his name to be in history books he can leave it in his last will and skip all the drama.
hero member
Activity: 2590
Merit: 644
November 29, 2019, 02:15:38 PM
#60
1. Satoshi is dead. We have tsunamis hitting Asia in 2010, many people were considered lost and their bodies were never recovered. There are plane crashes and car accidents.
He simply died before ever having a chance to reveal himself.
^ This was also in my mind. He probably died and didn't even reveal himself as Satoshi Nakamoto. Probably if he still alive maybe there will be a sign that comes from to him but it seems nothing, it's like totally died. But in this case, we respect what he wants, hiding or just he was dead, respect of what he wants. Because this is what he wanted to be and probably even his family don't want to involve such as a controversial about Bitcoin and probably their lives will put endangered.
sr. member
Activity: 1400
Merit: 468
November 29, 2019, 01:48:17 PM
#59
Almost every day a new person comes up with the claim that he/she is the real Satoshi. The real satoshi surely does not want any kind of fame. If he/she/they want fame he could have disclosed his identity earlier. But what could be the possible reason that Satoshi still hides his identity? Does he have a big plan for the future?
Satoshi hid his identity because he needed to protect himself from outside threats, maybe some who liked bitcoin and some who didn't.
Especially now that bitcoin is very popular, of course many people who want to find out Satoshi's whereabouts then do things that are not supposed to. The main thing is his own safety.
Satoshi Nakamoto's popularity level became very large after bitcoin technology was increasingly used, and if he hid himself because he had a reason. from the beginning until now, his identity is unknown, I personally did not search in detail for Satoshi's identity.
sr. member
Activity: 868
Merit: 267
SecureShift.io | Crypto-Exchange
November 29, 2019, 01:16:10 PM
#58
Almost every day a new person comes up with the claim that he/she is the real Satoshi. The real satoshi surely does not want any kind of fame. If he/she/they want fame he could have disclosed his identity earlier. But what could be the possible reason that Satoshi still hides his identity? Does he have a big plan for the future?
Satoshi hid his identity because he needed to protect himself from outside threats, maybe some who liked bitcoin and some who didn't.
Especially now that bitcoin is very popular, of course many people who want to find out Satoshi's whereabouts then do things that are not supposed to. The main thing is his own safety.
legendary
Activity: 2744
Merit: 1174
November 29, 2019, 12:35:44 PM
#57
There are many theories but the two that seem the most probable to me are:

1. Satoshi is dead. We have tsunamis hitting Asia in 2010, many people were considered lost and their bodies were never recovered. There are plane crashes and car accidents.
He simply died before ever having a chance to reveal himself.
2. He's hiding because he doesn't want to endanger himself. US agencies would love to make someone like that work for them and you can't say no to these people.
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