Pages:
Author

Topic: Will satoshi steal my coins? - page 2. (Read 284 times)

full member
Activity: 294
Merit: 103
August 02, 2018, 06:08:23 AM
#3
If he wanted to do that and actually could do it why would he do it now and not back in 2017 when Bitcoin was booming and on its ATH!
copper member
Activity: 630
Merit: 420
We are Bitcoin!
August 02, 2018, 04:50:20 AM
#2
~

He don't need to. The amount of Bitcoin he is holding is more than enough to survive his next of kins for few generations  Tongue

Dude you are forgetting that the whole bitcoin network is decentralized. The only way to destroy or harm the network is to shutdown the entire internet. The 51% attack will do as well but that's in theory and not possible at all.
newbie
Activity: 5
Merit: 0
August 02, 2018, 03:43:37 AM
#1
Hi,

when I discuss bitcoin the question about who created it often pops up.
People often seem to think that the unknown creator(s) have a backdoor where they can either create more BTC or steal from others.
The go-to argument then is that bitcoin is open source and desentralized, validated by thousands of people.

But then the last question comes... "Have YOU validated the data?" - checkmate  Huh

So apart from learning to actual read and validata computer code - what is the best way to know that there is no hidden backdoor into Bitcoin?


Thanks!
Pages:
Jump to: