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Topic: Would Bitcoin be the same if Satoshi wasn't anonymous? - page 6. (Read 23288 times)

full member
Activity: 385
Merit: 100
I don't think that everybody will be happy that one guy is holdind billard of dollars in bitcoin. He can control the price and market at all. It would be crazy. So it's good that we don't know about Satoshi
full member
Activity: 234
Merit: 100
This may have a negative impact on the decentralization of the currency, but on the other hand, it will increase the trust of many people to bitcoin. Now it's just a technology, but when the name of its developer is known, people will be more willing to invest in it, I think.
hero member
Activity: 1098
Merit: 500
The uncertainty of the true name of the Creator of bitcoin gives him real independence. And if this name is still disclosed, it is likely to have a negative impact on bitcoin.
member
Activity: 322
Merit: 10
I think this would significantly affect the main distinguishing feature of bitcoin as a currency - decentralization, since the identity of the developer would bind bitcoin to a certain country.
copper member
Activity: 2968
Merit: 575
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I think that if he himself revealed his identity and made a statement about the further development of bitcoin then trust in bitcoin has grown many times, but it is possible that Satoshi Nakomoto will never get in touch and honestly I do not understand why he is hiding.
So you want changes based on his opinion only? Think straight and just open up your mind. Bitcoin is decentralized. There is no central authority or a central person who dictates how it works. But, if Satoshi has revealed himself, people would have considered him the "leader" and might have supported whatever he has to say blindly. It would no longer be completely decentralized if people started to worship him.
member
Activity: 364
Merit: 10
I think it's likely that crypto won't be able to reach the current price if for example Satoshi isn't anonymous anymore. Why ?
people of course will think twice to make other people richer. They are jealous, this has become a natural thing, a conspiracy and people will think bitcoin is just another MLM form. so it will be later
jr. member
Activity: 210
Merit: 1
A nexgen decentralized ride hailing
I think that if he himself revealed his identity and made a statement about the further development of bitcoin then trust in bitcoin has grown many times, but it is possible that Satoshi Nakomoto will never get in touch and honestly I do not understand why he is hiding.
jr. member
Activity: 308
Merit: 5
There will have difference if ever bitcoin was developed in centralized.
Possible the market now is full of regulations just to maintain everything under control.
hero member
Activity: 2828
Merit: 518
I think bitcoin will not become the same as today is satoshi the maker of it is visible, because I believe thatvis the maker of the bitcoin is open to public he can maybe answer our questions by then I believe that the trust factor will increase and it will make the bitcoin price boom or go to the moon.
Not really sure for that cause we don't even experience on it.  The publicity and it's unquestionable identity won't bring bitcoin into like these but it is the community bring it to the top.  People find bitcoin as a valuable stored value of existence and it make sense for them. Hence,  this a acceptable market today and they'll find benefits by then.
member
Activity: 949
Merit: 48
I think bitcoin will not become the same as today is satoshi the maker of it is visible, because I believe thatvis the maker of the bitcoin is open to public he can maybe answer our questions by then I believe that the trust factor will increase and it will make the bitcoin price boom or go to the moon.
hero member
Activity: 1820
Merit: 515
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People won't much cared about this coin if we know who he was,since his anonymous also made the bitcoin much popular with the dencentralization.But no one is ever going to find who is satoshi even if he exposes himself it will be considered as one more fake face.
full member
Activity: 242
Merit: 103
I think that every changed little detail in past could change everything what we know about cryptocurrency.
member
Activity: 616
Merit: 30
How would the crypto arena be different if everyone knew who Satoshi was?

Well knowing what satoshi wanted crypto be,for sure the decentralization will not be possible if he is not anonymous in anyways

Imagine that even the CIA or some illegal or criminal will find him and use this technology to favor their activities,thats a different thing from what we are having right now

Its a lot more different knowing the maker of the digital decentralized currency is not anonymous. The essense of this investment making investors unknown will be gone. If that so, i dont think crypto will be that decentralize anymore. Gladly it didnt and it way through what it would be today.

Yeag.everything sill favor the opposition if this happens,and maybe we cant reach this far if the cryptocurrency becomes centralized
sr. member
Activity: 2422
Merit: 357
Its a lot more different knowing the maker of the digital decentralized currency is not anonymous. The essense of this investment making investors unknown will be gone. If that so, i dont think crypto will be that decentralize anymore. Gladly it didnt and it way through what it would be today.
member
Activity: 308
Merit: 15
It will be different because the feature of cryptocurrency might be bend for there are some of it that is not really good for the system like the anonymity where it could be abusively used from other users. As we all know that government does not support this kind of feature and will not accept this kind of system because of this feature. This could also be mean like a threat to national security where it could be use for illegal transaction.
legendary
Activity: 2030
Merit: 1568
CLEAN non GPL infringing code made in Rust lang
How would the crypto arena be different if everyone knew who Satoshi was?

Depending on country, it wouldn't have been much different. But i can imagine the worldwide harassment... Some things are better left untouched.
Indeed many altcoin developers are widely know, some even live of it. A bit unfortunate side effect is that there are several wannabes that claim are the true one, because they want the fame and profit that would come from it...

Aside from angry banksters or gov officials, I can imagine the political toll of assuming leadership. Its annoying enough for prominent open source leaders such as Linux's Linus Torvalds (the recent code of conduct), or Python creator Guido Von Rossum (stepping down due to internal power struggles), among many others.

I respect his/her/their choice of remaining anonymous.

It is hard to say if bitcoin would have remained exactly the same, hopefully we will never know. Bitcoin is doing great 10 years later...
jr. member
Activity: 34
Merit: 8
satoshis identity isnt unknown its just in doubt

just pretend craig wright is true satoshi, what now?

he didnt created bitcoin alone
I would be disappointed if it were proven that Craig was the real Satoshi.
Craig would have to prove he has the keys to one of the first blocks, (like block #1) for most to be convinced,
and him touting he is, and not being able to move a single early satoshi or sign a message with one of those private keys means (to me) he is full ot sh*t.

Its been said by others that Satoshi gave us 2 great gifts. the first was Bitcoin, the second was disappearing.
sr. member
Activity: 1470
Merit: 325
satoshis identity isnt unknown its just in doubt

just pretend craig wright is true satoshi, what now?

he didnt created bitcoin alone
member
Activity: 658
Merit: 36
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I think Bitcoin would have been almost the same if Satoshi did not disappear, but if Satoshi reveals his true identity now, I think this will be bad for Bitcoin after all this fame and ambiguity!
full member
Activity: 1638
Merit: 122
If it was originally not anonymous, it seems to me that bitcoin would not be the same as it is now. After all, it initially positioned itself as a decentralized coin that can preserve the anonymity of the user. After all, mystery always attracts attention. But if Satoshi now revealed, I think that this will contribute to the growth of the price of bitcoin.


Quote
mystery always attracts attention. But if Satoshi now revealed, I think that this will contribute to the growth of the price of bitcoin.

you already said that mystery attracts but you also said that when satoshi showed up the bitcoin price can grow because it can also gain attention  .  both were fact but i think its better if satoshi wont reveal itself because it is dangerous .  many people hated bitcoin/crypto and they will divert their anger directly to satoshi  .

@op yes bitcoin will be the same if satoshi wont be anoymous . bitcoin will still be bitcoin and the value will still be unstable  .
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