Would Bitcoin be the same if Satoshi wasn't anonymous? - page 2.

Janation

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Quote from: haidil on March 30, 2019, 10:50:33 AM

i think if people know about satoshi nakamoto maybe this will be a booming and of course this won't be good either because it's better if the name satoshi nakamoto is kept secret

How will it be booming?

Can you give some supporting facts there? I mean Satoshi Nakamoto did a great job concealing himself on the internet since we all know how great the price of Bitcoin changed in the years. As other people said, it will be bad for Satoshi to be known not only because they will be harassing them but also there will be a government problem that might lead to a centralized cryptocurrency.

popolite11

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Quote from: trashman43 on March 26, 2019, 06:28:26 PM

I don't think that there would have been no different if Satoshi had added his or her identity to the whitepaper of Bitcoin, but I believe Satoshi wanted the world to accept the ideology behind the development and purpose of Blockchain and Bitcoin not the individual behind the creation. Also Satoshi being anonymous was the basic principle to confirm how users can be anonymous using this product.

I never thought about it before, but I am sure that Bitcoin would be the same and have also the greatest popularity if Satoshi Nakamoto would not be an anonymous person. This crypto is great.

BennyK

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If Satoshi's true identity was revealed, he/she/they would have been very much popular by now. The most important aspect is that Bitcoin would have gained additional attention as Satoshi will be available to answer most of the questions surrounding this unique yet complex technology.

BitBustah

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I think bitcoin would still be doing fine if Satoshi was public. Ethereum is still doing great as the 2nd place crypto. Vitalik is a great head figure for ETH and he helps give confidence to new investors. Its almost more of a problem he is anonymous because you never know if he will spend the 1 million bitcoins he mined someday.

jakezyrus

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Quote from: 949miner on March 30, 2019, 09:11:40 PM

If Satoshi wasn't anonymous, Bitcoin will still be same but the only thing that will change is people worrying him/her to make an upgrade on the Bitcoin Blockchain network to help increase the speed at which transactions are confirmed.

i dont think bitcoin will be the same . if satoshi reavell himself before i think bitcoin wont be really anonymous just like we are seeing today . and also , i think that bitcoin will become more popular because satoshi himself will be the one to promote it on the national televsion and other public sources .

Quote

but I don't think knowing the identity of Satoshi is really necessary or needed.

its important because satoshi is not just a normal person , we must find him so that we can thank him and we can honored him for his great inventions . and like what you said earlier . people will request for some adjustments onto bitcoin such as more speed and lesser fees . not really sure tho if satoshi n. is only the man that can do it .

949miner

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If Satoshi wasn't anonymous, Bitcoin will still be same but the only thing that will change is people worrying him/her to make an upgrade on the Bitcoin Blockchain network to help increase the speed at which transactions are confirmed. But I don't think knowing the identity of Satoshi is really necessary or needed.

Crypto24hrs

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The anonymity of Satoshi added more respect and dignity to Bitcoin, had his identity been revealed Bitcoin would have been killed by political sentiment and tribalism and Bitcoin would have been seeing as one man ideology and property, and who knows if government would have arrested and force him to destroy the platform. we are better with anonymity of Satoshi

haidil

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i think if people know about satoshi nakamoto maybe this will be a booming and of course this won't be good either because it's better if the name satoshi nakamoto is kept secret

Sithara007

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Quote from: The_Tick on November 18, 2018, 01:08:43 PM

How would the crypto arena be different if everyone knew who Satoshi was?

That depends on the identity of Satoshi. In case Satoshi is some internationally acclaimed mathematician or economist, then Bitcoin would be in a better state. On the other hand, if he is some controversial figure then it would just give more ammunition to the BTC haters.

The Cryptovator

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Quote from: The_Tick on November 18, 2018, 01:08:43 PM

How would the crypto arena be different if everyone knew who Satoshi was?

Satoshi anonymous that's why bitcoin anonymous coin and it has value. People's is too much interested about bitcoin, who create it, why created it, how created it and so on. If satoshi wasn't anonymous then bitcoin would not be Decentralized currency. People's would only depend on satoshi like others coin. But I believe satoshi is genius and that's why he had hide himself. In a result bitcoin become more popular due to anonymity.

Xenrise

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I don't think that Satoshi's identity affects the growth of bitcoin if the identity of him will be revealed as stated in the OP. I believe that we care more in the product of the person

Take this as an example: You are using Pocophone of Xiaomi. You're enjoying its features and its services, but you don't know the inventor of that brand.

cizatext

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Bitcoin could have not remain the same if santoshi not anonymous, because hard it been that everyone know santoshi and he is directly involved in the running of bitcoin the decentralized nature of bitcoin today could have not been the same and bitcoin could have been the same as all the other centralized cryptocurrency in the market today.

1BTC EQUALS 1CAR

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Quote from: The_Tick on November 18, 2018, 01:08:43 PM

How would the crypto arena be different if everyone knew who Satoshi was?

I think we 'll reach mass adoption much faster in my opinion. Because if you noticed, some group of fighting each other that bitcoin should be like or bitcoin should be like that and thus making many forks. If Satoshi was here, there is going to be only one btc. And I bet Satoshi will have the same status as what Zuckerburg has.

tunapa

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Yes I believe his identity will do more good for the crypto community and Bitcoin. Although people are used to his anonymity and also Bitcoin has seen some high price movement even without his presence known . So bitcoin is cool without him and everyone is cool without him. But his presence would have done a lot than the usual that is happening

ginobitcoiner

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surely he has a strong reason why he is hiding his true identity, but I am sure if it is opened to the public, then the bitcoin situation will probably get better, because bitcoin is indeed being told by real humans and not only currency created by imaginary humans.

TheCoinGrabber

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An anonymous "founder" worked great with decentralized currency. Had the community had a known figurehead he would have been a target for many defamation attacks.

Just look at all the pundits were saying against bitcoins. It would have been worse against Satoshi.

ASHLIUSZ

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If Satoshi wasn't anonymous some country could have taken him under control and could have made bitcoin centralized. When this goes centralized surely bitcoin might have not acquired the present market. Satoshi being anonymous makes the network grow independently in a decentralized manner.

sandra_x

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Satoshie wanted to divert all attention away from him, to allow bitcoin thrive on its own,he also removed the risk of failure that could arise from having an arrow head or founder(a possible point of failure), maybe bitcoin would not have been this nice if his identity were known. There would have been focus on him rather than a system being managed by all

trashman43

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I don't think that there would have been no different if Satoshi had added his or her identity to the whitepaper of Bitcoin, but I believe Satoshi wanted the world to accept the ideology behind the development and purpose of Blockchain and Bitcoin not the individual behind the creation. Also Satoshi being anonymous was the basic principle to confirm how users can be anonymous using this product.

Sum24

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Quote from: Xxmodded on March 26, 2019, 07:10:39 AM

Quote from: The_Tick on November 18, 2018, 01:08:43 PM

How would the crypto arena be different if everyone knew who Satoshi was?

none of the right answers. Why ?
because it doesn't really happen because this is just your own thinking. and in fact shatosi remains a mystery to this day, even though there are some who claim it.
so, I can't answer for sure because this is what makes bitcoin phenomenal and has a high price besides its functions and benefits.

No this is not gonna happen because crypto currency is based on the identity of satoshi, he invented bitcoin but no one till now got the opportunity to know who is he and where is he, as no one till now even claimed to be his friend or his relatives so I think his mysterious identity made bitcoin more valuable all over the world.

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