Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: KryptoBull on March 18, 2024, 02:32:12 AM
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Bitcoin has become a global phenomenon, and the true identity of Satoshi Nakamoto remains a mystery that many people are eager to uncover. Perhaps those interested in Bitcoin are aware that Craig Wright, an Australian computer scientist, has been claiming to be Satoshi Nakamoto for many years without any evidence. Ultimately, the presiding judge in the case between Crypto Open Patent Alliance (COPA) and Craig Wright ruled that Wright had failed to provide any credible evidence to support his claim [1].
Not only did the ruling end the controversy between the Bitcoin community and Craig Wright, but it also caused the price of Bitcoin Satoshi Vision token (BSV) to drop 17% [2] because Satoshi's expectations for the future of Bitcoin were greater than what was mentioned in the Bitcoin Whitepaper. This is clearly shown in the recently revealed emails between Satoshi and Sirius [3]. Ultimately, BSV is just a token created on a platform of deception.
However, I think of something else: in recent years, when Craig Wright claimed to be Satoshi, has the value of BTC been affected? And suppose the Judge declares that Craig Wright is Satoshi, will our accumulation, storage and use of BTC be affected? My answer is always very clear: No!
First and foremost, I am a BTC lover and a Satoshi fan. I never believe Craig Wright is Satoshi. Satoshi chose to be anonymous to protect the decentralized value of Bitcoin. Satoshi would not suddenly come back and try to prove his identity in every way possible, as Craig Wright has tried to do. People who are suspected by the community to be Satoshi, such as Dorian Nakamoto, Hal Finney, and Nick Szabo, have always denied it, while scammers claim to be Satoshi in order to gain fame.
The value of BTC does not come from Satoshi's reputation but from the world's most decentralized network with about 50K nodes + extremely secure POW protocol + independence from all financial forces + wide acceptance in the internet user community. As long as these foundations exist, BTC will still have value for us.
We don't need to know exactly who created Google, we still use Google. We don't know who created the smartphone, we still use the smartphone. We don't remember the name of the person who invented electricity, we still use electricity every day... These technologies continue to exist and develop based on the real needs of society, not on a single individual. Bitcoin is the same, I use BTC to store assets because I believe in the value of BTC, not because Bitcoin was created by Satoshi.
To me, Satoshi's choice to remain anonymous can be seen as an act of empowerment for us, for all of us who still accept, use, and promote Bitcoin. In other words, it is possible that Satoshi believes that all of us are more important to Bitcoin than Satoshi!
I'd like to hear your views on this issue:
- Will the outcome of the lawsuit involving Faketoshi Craig Wright affect the value of BTC?
- Does Satoshi's true identity matter to your BTC investment?
- When will the community stop searching for Satoshi's identity?
References:
[1] UK court rules Craig Wright not Nakamoto, ending long-standing drama (https://cointelegraph.com/news/uk-court-craig-wright-bitcoin-satoshi-nakamoto)
[2] Satoshi’s Vision down 17% against Bitcoin after Craig Wright verdict (https://cryptoslate.com/insights/satoshis-vision-down-17-against-bitcoin-following-satoshis-verdict/)
[3] Satoshi - Sirius emails 2009-2011 (https://mmalmi.github.io/satoshi/)
Note:
- My opinion has been presented in a topic, on BitcoinTalk forum (https://bitcointalk.org/index.php?topic=5489311)
- This topic on AltcoinsTalks forum has included a minor change in the way my opinion is presented.
- This statement is to avoid accusations of plagiarism.
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Note:
- My opinion was posted first in that topic, on Bitcointalk (https://bitcointalk.org/index.php?topic=5489311)
- I leave the source link to avoid plagiarism accusation.
- I excluded/ included minor things from an original thread if necessary.
Before going to my discussion in this thread, let me say this.
That part above makes me like my alt account not my offense, just saying and to make sure you are not my alt. :)
I saw some of your threads and joined discussions too but forget to say you about this!
Now, about this topic, every person who uses bitcoin for transactions, run Bitcoin full nodes actually contributing to Bitcoin network, its decentralization and its adoption. If we own/ use bitcoins, we are components of Bitcoin community and important.
But to say we are more important than Satoshi Nakamoto, I disagree and there is no way to prove that we are more or less important than Satoshi Nakamoto. Just own, use Bitcoin network and bitcoins, and enjoy with this experience. Don't try to compare us with Satoshi Nakamoto.
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Yeah All of us combined is more important than satoshi because he have served His target and job here , so now we are calling being more important than the creator :D :D
but for me personally , Satoshi and all of us must join to help the world(hoping Satoshi is still here with us)
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I see this as relative. I think that to compare you have to use the same time frame, and trying to compare us now with Satoshi, who disappeared 14 years ago, is not a good way to do it. Although I suppose it is a way of encouraging us to continue supporting bitcoin and all that it entails.
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First and foremost, I am a BTC lover and a Satoshi fan. I never believe Craig Wright is Satoshi. Satoshi chose to be anonymous to protect the decentralized value of Bitcoin. Satoshi would not suddenly come back and try to prove his identity in every way possible, as Craig Wright has tried to do. People who are suspected by the community to be Satoshi, such as Dorian Nakamoto, Hal Finney, and Nick Szabo, have always denied it, while scammers claim to be Satoshi in order to gain fame.
I am 100% sure that Craig Wright is a big fraud as what he is doing is actually the very opposite of what Satoshi Nakamoto did which was to go underground and never to have resurfaced so far...now if ever there can come a time when the real Satoshi will finally reveal himself (this is assuming that he is a single person and not a group) I think he will be bringing with himself some solid, verifiable evidence so we can be sure we are dealing with the genuine one and not another faketoshi...again!
1. Will the outcome of the lawsuit involving Faketoshi Craig Wright affect the value of BTC?
In case there can be a negative outcome or a favorable one to Mr. Wright, this can never have any impact on Bitcoin but if the outcome will be against him then it would be greatly affecting his coin which is BSV. And this could be one of the biggest reasons why Wright is really doing all the things he can to make the final decision favorable to himself as it can crumble his own financial empire.
2. Does Satoshi's true identity matter to your BTC investment?
No. Ever since I got into BTC I already know the details on Satoshi Nakamoto and how he chose to left Bitcoin and remain hidden from the public so it does not matter who can be the real guy or if he will continue to be anonymous.
3. When will the community stop searching for Satoshi's identity?
This COPA vs Wright case will even result into more people looking for the real guy and mine details of the things he said and did...in fact I would say that there is now some sort of a "cult" on his personality which will never stop as long as there is Bitcoin in the market. The mystique of Satoshi will continue for many years to come and may even encourage some people to also claim to be the real person behind Bitcoin maybe just for publicity.
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- Will the outcome of the lawsuit involving Faketoshi Craig Wright affect the value of BTC?
No, that thing will not affect the value of Bitcoin at all. Every investor know that Craig is a fake person, he isn't Satoshi Nakamoto even if he tries his best to prove that he's Satoshi. If he was Satoshi then he may not have to prove anything to anyone.
Satoshi left the community and become uninvolved in success of Bitcoin because his main goal was to build a community that may nurture his creation. And when he saw that community then he disappeared for the good of Bitcoin.
- Does Satoshi's true identity matter to your BTC investment?
No, it doesn't matter that who Satoshi was, his identity won't impact Bitcoin investments.
- When will the community stop searching for Satoshi's identity?
This is a tough question to answer but still I believe I can answer this question. The answer is "never," the community will never stop serching for Satoshi's identity and that's a fact. They will always try to uncover the who Satoshi was and why he disappeared after seeing success of Bitcoin.
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Will the outcome of the lawsuit involving Faketoshi Craig Wright affect the value of BTC?
Craig Wright Faketoshi is a loser and bitcoin remain decentralized the extent it is decentralized unlike if Craig Wright Faketoshi won the case which might affect bitcoin or maybe not. But as he lost, no effect.
Does Satoshi's true identity matter to your BTC investment?
No. If you are part of what support the adoption, you are Satoshi.
When will the community stop searching for Satoshi's identity?
They should continue if they want. But they should know that they are Satoshi. If you hold bitcoin or telling people about bitcoin or mining bitcoin or running a full node or contributing to bitcoin adoption in one way or the other, you are Satoshi.
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Without Satoshi, Bitcoin could not exist, or at least in its current form. Therefore, his role is pivotal in the story and his discovery will inevitably affect the price, but it will not bring about fundamental changes. Otherwise, Bitcoin is not a decentralized network that does not depend on a single individual.
Craig Wright knows that he is not Satoshi, but the attention and follow-up this story has received makes him continue this lie, so do not help him spread it. If Satoshi returns, he will know how to prove himself.
Before going to my discussion in this thread, let me say this.
That part above makes me like my alt account not my offense, just saying and to make sure you are not my alt. :)
I saw some of your threads and joined discussions too but forget to say you about this!
I've seen the pattern of topics before and I thought you were the account holder. ;D ;D
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I'd like to hear your views on this issue:
- Will the outcome of the lawsuit involving Faketoshi Craig Wright affect the value of BTC?
First, I want to give you credit for such an amazing post. This is one of the best posts I have read in a long while.
From my observation so far on how the crypto market works, news and rumors have a great impact on the price of Bitcoin. The volatility of Bitcoin makes it very likely to fluctuate when there is an update about certain actions. I think the majority of Bitcoin enthusiasts don't seem to like this Craig guy due to his actions of impersonation. Which means, the outcome of the lawsuit has nothing to do with Bitcoin. In other words, I would say that it won't affect the price of Bitcoin.
- Does Satoshi's true identity matter to your BTC investment?
I wouldn't say so. My reason is that the Bitcoin community is thriving even in the absence of the true creator. Satoshi has done an excellent job of ensuring that Bitcoin runs on protocols that can't be altered as long as it is in use.
- When will the community stop searching for Satoshi's identity?
Although not everyone is interested in who is behind the Bitcoin project, there are many who will continue to show interest in finding out who he is.
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I've seen the pattern of topics before and I thought you were the account holder. ;D ;D
I know.
OP can take my idea but should spend some seconds to compose his own notes. Copy and paste like this looks very odds, and makes me fearful of being accused in future. :) ::)
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I'd like to hear your views on this issue:
- Will the outcome of the lawsuit involving Faketoshi Craig Wright affect the value of BTC?
- Does Satoshi's true identity matter to your BTC investment?
- When will the community stop searching for Satoshi's identity?
References:
[1] UK court rules Craig Wright not Nakamoto, ending long-standing drama (https://cointelegraph.com/news/uk-court-craig-wright-bitcoin-satoshi-nakamoto)
[2] Satoshi’s Vision down 17% against Bitcoin after Craig Wright verdict (https://cryptoslate.com/insights/satoshis-vision-down-17-against-bitcoin-following-satoshis-verdict/)
[3] Satoshi - Sirius emails 2009-2011 (https://mmalmi.github.io/satoshi/)
Note:
- My opinion was posted first in that topic, on Bitcointalk (https://bitcointalk.org/index.php?topic=5489311)
- I leave the source link to avoid plagiarism accusation.
- I excluded/ included minor things from an original thread if necessary.
Satoshi has little importance imo.
Of he revealed himself, I think this would be terrible for price specially in long term. Bitcoin would become centralized, just like Vitalik 's blockchain. It would be satoshi 's blockchain.
He could impose changes , or even be coerced to do so
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The value of BTC does not come from Satoshi's reputation but from the world's most decentralized network with about 50K nodes + extremely secure POW protocol + independence from all financial forces + wide acceptance in the internet user community. As long as these foundations exist, BTC will still have value for us.
To me, Satoshi's choice to remain anonymous can be seen as an act of empowerment for us, for all of us who still accept, use, and promote Bitcoin. In other words, it is possible that Satoshi believes that all of us are more important to Bitcoin than Satoshi!
I'd like to hear your views on this issue:
- Will the outcome of the lawsuit involving Faketoshi Craig Wright affect the value of BTC?
- Does Satoshi's true identity matter to your BTC investment?
- When will the community stop searching for Satoshi's identity?
Satoshi's withdrawal from the Bitcoin community has added value to BTC and allowed it to exist on its own foundations: people come to BTC for its benefits, not because of who created it.
1. I don't see any direct value from this lawsuit, but there could be indirect effects: this event helps BTC to appear in the media with a more attractive story, Satoshi's anonymity is mentioned again and attracts potential investors to the market.
2. Satoshi's identity is a fascinating topic, I'm also curious but don't think it has any effect on my BTC trading.
3. The community will continue to explore Satoshi's identity for many years to come, and the more successful and famous BTC becomes, the more people will be curious about it. I doubt we will have an accurate answer because Satoshi is really careful about being anonymous.
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3. The community will continue to explore Satoshi's identity for many years to come, and the more successful and famous BTC becomes, the more people will be curious about it. I doubt we will have an accurate answer because Satoshi is really careful about being anonymous.
I hope we never get an accurate answer and if we ever find out about Satoshi, it is because he decided to come out and reveal his identity and to prove it too. I cringe whenever bitcoiners are trying to unravel the mystery of Satoshi, when they wanted to stay anonymous, i believe everyone deserves the right to privacy and that also includes Satoshi, so there is no need going in search of his real identity.
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Will the outcome of the lawsuit involving Faketoshi Craig Wright affect the value of BTC?
I don't know how the outcome of the lawsuit, whatever it is, could have an impact on Bitcoin, considering that the person who claims to be Satoshi has proven beyond doubt in the last 8 years that he is a pathological liar who is funded by people with very bad intentions.
Does Satoshi's true identity matter to your BTC investment?
It never has nor will it have any impact on what I personally think about Bitcoin. It's the idea that matters, not the person who put that idea into action. Of course we are grateful to him for that, but he chose to go into the shadows and we should respect that.
When will the community stop searching for Satoshi's identity?
The answer is simple, it will never stop. But I would not agree that the whole community is looking for the real identity of Satoshi, some respect the right to anonymity of that person, and that means his personal safety. Even if I personally knew who it was, I would never share it with the public.
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I'd like to hear your views on this issue:
- Will the outcome of the lawsuit involving Faketoshi Craig Wright affect the value of BTC?
- Does Satoshi's true identity matter to your BTC investment?
- When will the community stop searching for Satoshi's identity?
You are right about the fact of how BTC value can't be affected by the reputation of satoshi but it might be affected by the BTC selling in the holding of Satoshi. If he chooses to sell them then the price will come down. And overall we should not mention the things that you have mentioned that back up the value of BTC because the price of BTC is driven by demand and supply.
1. No it won't affect the BTC price, I don't know why it affected the BSV's price but the BTC price won't be affected by it.
2. I have two possibilities for Satoshi, one he is dead, second he wants to remain in the shadows, just like many other powerful people who want to remain in the shadows, they don't want any fame, just want to live their lives peacefully.
3. I guess when we will be fed up by searching for him, or when his death will be confirmed.
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I hope we never get an accurate answer and if we ever find out about Satoshi, it is because he decided to come out and reveal his identity and to prove it too. I cringe whenever bitcoiners are trying to unravel the mystery of Satoshi, when they wanted to stay anonymous, i believe everyone deserves the right to privacy and that also includes Satoshi, so there is no need going in search of his real identity.
It's true that it would be better if Satoshi Nakamoto were allowed to disappear because if Satoshi Nakamoto is found, it will mean that the price of Bitcoin will not reach this high.
So as you said, it is better for Satoshi Nakamoto privacy to be well guarded and his presence is not really needed because the Bitcoin product he has is quite perfect.
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I'd like to hear your views on this issue:
- Will the outcome of the lawsuit involving Faketoshi Craig Wright affect the value of BTC?
- Does Satoshi's true identity matter to your BTC investment?
- When will the community stop searching for Satoshi's identity?
ow possible is it? Who knows Faketoshi to be the brain behind bitcoin? Since his name doesn't ring a bell in people's ears when bitcoin is called, neither he win nor lose the lawsuit against him, it won't in any way affect the price of bitcoin since he lacks credible proof of signing a message with Satoshi bitcoin address.
2. It doesn't since we can trade our Bitcoin anonymously without knowing anyone's true identity. Everyone is accumulating bitcoin the way they can and not focusing on other people's identity because that doesn't matter in the pursuit of financial freedom.
3. Any community or group of people searching for Satoshi is just wasting their time and resources to do that. Satoshi is an anonymous being, anonymous will he continue to be.
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Yeah All of us combined is more important than satoshi because he have served His target and job here , so now we are calling being more important than the creator :D :D
but for me personally , Satoshi and all of us must join to help the world(hoping Satoshi is still here with us)
I doubt that because the curiosity would have been too much for him also to bear, I mean who the fuck does that? But I don't know this for sure but what I know is that Satoshi really need an outstanding job and that's why everyone in the crypto space is eager to know the Satoshi himself.
But when it comes to the importance of this Satoshi and everyone in this crypto space , I believe every man plays one roll or the order to keep this dreaming soaring high.
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You are right about the fact of how BTC value can't be affected by the reputation of satoshi but it might be affected by the BTC selling in the holding of Satoshi. If he chooses to sell them then the price will come down. And overall we should not mention the things that you have mentioned that back up the value of BTC because the price of BTC is driven by demand and supply.
1M BTC is not necessarily a large enough number to cause the market to collapse, but the return of Satoshi could threaten the value of BTC: investors will feel that this market is created and led by someone who is cashing out the first BTC. Then the crypto market can become a financial game manipulated by someone and the fate of the market is decided by their actions. I can also be excited about the appearance of Satoshi but that will be when I have exited all BTC positions in my account. When I'm still holding BTC, I hope Satoshi will remain anonymous forever.
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1. Will the outcome of the lawsuit involving Faketoshi Craig Wright affect the value of BTC?
2. Does Satoshi's true identity matter to your BTC investment?
3. When will the community stop searching for Satoshi's identity?
1. No, it won't affect the value of Bitcoin.
2. No, because it is my money involve in my investment in Bitcoin. Satoshi himself don't even wanted to be disclosed his real identity since for me it is a suicide if he/they will do it.
3. Well, some people are on the hunt for Satoshi's identity but no one has succeeded on this and I think no one will if the legend himself won't give any clue of his whereabouts and identity.
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1. No, it won't affect the value of Bitcoin.
2. No, because it is my money involve in my investment in Bitcoin. Satoshi himself don't even wanted to be disclosed his real identity since for me it is a suicide if he/they will do it.
3. Well, some people are on the hunt for Satoshi's identity but no one has succeeded on this and I think no one will if the legend himself won't give any clue of his whereabouts and identity.
Human curiosity is limitless, especially when the success of BTC makes Satoshi's anonymity even more intriguing. I'm not sure if we'll ever know Satoshi's exact identity, but for now, that anonymity has become part of BTC's value.
Personally, I wouldn't give up my DCA and hold BTC strategy if I knew that Satoshi had passed away and the 1M BTC in the Genesis address would never be spent. In the opposite case, if Satoshi is a large individual or organization, I think my faith in the crypto market would be severely damaged even though I know the decentralization of the Bitcoin blockchain is still preserved.
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I still think that its sort of correct, not saying that this is a %100 proof thing because we do not have a data, but if the comparison is "just satoshi vs everyone" then yeah everyone is more important. Satoshi could have created it and then if nobody cared then it was just a thesis paper at most and nothing else. Whereas when everyone picked it up, it became something nad now it has over a trillion dollar market cap as well. This is our achievement, thanks to him of course and he made this possible but also we were the ones who put our billions and billions together into this to make it over a trillion dollar market cap.
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First and foremost, I am a BTC lover and a Satoshi fan. I never believe Craig Wright is Satoshi. Satoshi chose to be anonymous to protect the decentralized value of Bitcoin. Satoshi would not suddenly come back and try to prove his identity in every way possible, as Craig Wright has tried to do. People who are suspected by the community to be Satoshi, such as Dorian Nakamoto, Hal Finney, and Nick Szabo, have always denied it, while scammers claim to be Satoshi in order to gain fame.
Yes this is the important pivot point, no one will believe Craig Wright or anyone else claiming to be Satoshi simply because if it was him why did he hide himself from the beginning and reveal himself now? This is absolutely stupid for him to hide himself in the beginning and then try to prove his identity through the courts when he could have simply announced it when Bitcoin was made public.
In answer to your question: Is Satoshi's real identity important to your investment in Bitcoin?
Certainly not, because regardless of who invented Bitcoin, we have obtained the greatest invention in modern history, and this is enough and it does not matter who invented it and whether he is alive or not?
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First and foremost, I am a BTC lover and a Satoshi fan. I never believe Craig Wright is Satoshi. Satoshi chose to be anonymous to protect the decentralized value of Bitcoin. Satoshi would not suddenly come back and try to prove his identity in every way possible, as Craig Wright has tried to do. People who are suspected by the community to be Satoshi, such as Dorian Nakamoto, Hal Finney, and Nick Szabo, have always denied it, while scammers claim to be Satoshi in order to gain fame.
Yes this is the important pivot point, no one will believe Craig Wright or anyone else claiming to be Satoshi simply because if it was him why did he hide himself from the beginning and reveal himself now? This is absolutely stupid for him to hide himself in the beginning and then try to prove his identity through the courts when he could have simply announced it when Bitcoin was made public.
In answer to your question: Is Satoshi's real identity important to your investment in Bitcoin?
Certainly not, because regardless of who invented Bitcoin, we have obtained the greatest invention in modern history, and this is enough and it does not matter who invented it and whether he is alive or not?
I think the same, and also that if he appeared it wouldn't be a good thing, because first he would have to expose himself to public ridicule I'm sure that many governments would like to have him in their country so they can judge someone who invents a technology that makes them look like the most failed of all. the economies that we currently know, this is something that we should see, and it is not good that it is like that, so personally I will always say that the best of this will always be the things that can be presented in favor of bitcoin, I I am also a lover of Bitcoin and I believe that Bitcoin has given me a lot in my life, really just as Bitcoin was created, an alternative in medicine should also be created to improve people, especially those who are and are affected by Cancer and HIV, because every doctor who gets the cure is killed , probably if Satoshi appears and assuming it's only one person, they would look for that.
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In answer to your question: Is Satoshi's real identity important to your investment in Bitcoin?
Certainly not, because regardless of who invented Bitcoin, we have obtained the greatest invention in modern history, and this is enough and it does not matter who invented it and whether he is alive or not?
Surely.
Satoshi has given us all the freedom to own Bitcoin and submit the Bitcoin price completely to the market (regardless of whether there is manipulation of market conditions by whales or not). However, by keeping Satoshi's identity a secret, this further strengthens the decentralization of Bitcoin itself.
Imagine if Satoshi had decided at that time to continue to declare and tell the public who he or they were. So what will happen will probably be different.
It's possible that if Satoshi hadn't decided on this, perhaps the situation would have been like this:
- The price will depend on Satoshi because Satoshi was the one who created it, so the influence of his name will definitely be quite big
- Satoshi may be in danger or under pressure from various parties
- Bitcoin may not be as widespread and global with this very significant price increase.
I don't know, but whoever Satoshi is and whatever the reason, we are very grateful because Satoshi has created a very extraordinary thing, Bitcoin.
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It's possible that if Satoshi hadn't decided on this, perhaps the situation would have been like this:
- The price will depend on Satoshi because Satoshi was the one who created it, so the influence of his name will definitely be quite big
- Satoshi may be in danger or under pressure from various parties
- Bitcoin may not be as widespread and global with this very significant price increase.
I don't know, but whoever Satoshi is and whatever the reason, we are very grateful because Satoshi has created a very extraordinary thing, Bitcoin.
Yes, I agree with you.
Frankly, we are very grateful that Satoshi disappeared in this mysterious way because his mysterious disappearance is one of the most important reasons that increased the charm, appeal and spread of Bitcoin.
Frankly, Satoshi is one of the rare men in history. He sacrificed fame and money in order to achieve his great goal. It is not easy for anyone else to abandon the greatest invention and lose the opportunity for glory, money, and fame in order to achieve his goal.
This is a great sacrifice for Satoshi that will be remembered by later generations, perhaps for hundreds of years.
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It looks like I already made a comment on this similar topic somewhere on this forum or on another forum. Santoshi is nowhere to be found; many people believe that he is dead, while others think that he is somewhere that is unknown to anyone. Right now, investors, miners, and every other Bitcoiner are really important to Bitcoin society, and despite the fact that Satoshi is nowhere to be found, I don't think he is less important to Bitcoin society. His absence also contributes to the strength of Bitcoin's growth.
Do you guys ever imagine what the government would do if they got hold of Satoshi? And you guys think that the Bitcoin price will not be affected if Satoshi surfaces today? His absence might mean nothing to us or might make us think he is less important, but he left because his vision was to create a decentralized system, and his absence is very important.
Like I said in the other thread, everyone, including Bitcoiners and Satoshi, is important in the community. If Satoshi was less important, why do we keep talking about him? Why don't we just abandon that name and pretend like nobody like that ever existed?
Who's faketoshi? Craig Wright? 8) How on earth can he even prove to be the real Satoshi? That's not possible in any way.
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OK I am going to nitpick at the title a bit because you got it completely reversed.
Satoshi was more important to Bitcoin than any of us will ever be.
The reason? He is the one who made this platform possible in the first place. He wrote the code, the white paper, the first forum and everything. We buy bitcoins, or earn some, or maybe develop things for it.
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OK I am going to nitpick at the title a bit because you got it completely reversed.
Satoshi was more important to Bitcoin than any of us will ever be.
The reason? He is the one who made this platform possible in the first place. He wrote the code, the white paper, the first forum and everything. We buy bitcoins, or earn some, or maybe develop things for it.
Satoshi was a very important role in the success of creating Bitcoin, but is what he is doing now disappearing from media life the wrong way? Satoshi Nakamoto was last seen active on the forum December 13, 2010, and it is better to still know Bitcoin than to know who the real Satoshi is. In my opinion, it will be very dangerous when Satoshi Nakamoto's identity is known. There is a possibility that if Satoshi Nakamoto's identity was known then the price would not be as expensive as it is now.
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Satoshi was a very important role in the success of creating Bitcoin, but is what he is doing now disappearing from media life the wrong way? Satoshi Nakamoto was last seen active on the forum December 13, 2010, and it is better to still know Bitcoin than to know who the real Satoshi is. In my opinion, it will be very dangerous when Satoshi Nakamoto's identity is known. There is a possibility that if Satoshi Nakamoto's identity was known then the price would not be as expensive as it is now.
Not only is it not as expensive as it is today, Satoshi will certainly receive many threats from outsiders, let alone from the government.
He will be directly pressured to reveal all and how many Bitcoins he is actually holding.
It is better to remain anonymous at all times, because Bitcoin will not be stopped, Bitcoin remains decentralized and this is a revolutionary technology that has its pros and cons, but now it provides many advantages and benefits for everyone. Satoshi Keep an eye on all of us.
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Satoshi Nakamoto was last seen active on the forum December 13, 2010
Satoshi Nakamoto never used Altcoinstalks and he disappeared years before Altcoinstalks forum was created.
In my opinion, it will be very dangerous when Satoshi Nakamoto's identity is known. There is a possibility that if Satoshi Nakamoto's identity was known then the price would not be as expensive as it is now.
I agree and disagree.
I agree that if Satoshi Nakamoto identity is known, still alive, the market will have some price shocks with fud and fear that Satoshi Nakamoto will dump his bitcoins on the market and drag the price down.
I disagree that price shock won't last long, and price will recover after all. Because even Satoshi Nakamoto (if alive), can not shut down Bitcoin network, can not roll back the blockchain. His existence can not help government to shut down Bitcoin blockchain and its network.
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1M BTC is not necessarily a large enough number to cause the market to collapse, but the return of Satoshi could threaten the value of BTC: investors will feel that this market is created and led by someone who is cashing out the first BTC. Then the crypto market can become a financial game manipulated by someone and the fate of the market is decided by their actions. I can also be excited about the appearance of Satoshi but that will be when I have exited all BTC positions in my account. When I'm still holding BTC, I hope Satoshi will remain anonymous forever.
You are right to some extent about 1M BTC is not a big amount but it is a big enough amount to make the market volatile besides I agree with your point because the market is highly adaptive at the moment and I think even if Satoshi tries to sell all of this money at once which he/she would definitely won't do, but in case then I think the market has enough potential to consume it.
And I don't think that's a good way to think that the creator of BTC is trying to book some profit, and people consider it a bad thing, as everyone needs money, and even if Satoshi started to book his funds which he kept public who knows if he kept some BTC hidden from the public as well, but that's another case and consider the reality that we know of.
I suggest we should not see him with such eyes, as he is a human, and needs money, so let him book the profit, and make money as well. What do you say?
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Satoshi was a very important role in the success of creating Bitcoin, but is what he is doing now disappearing from media life the wrong way? Satoshi Nakamoto was last seen active on the forum December 13, 2010, and it is better to still know Bitcoin than to know who the real Satoshi is. In my opinion, it will be very dangerous when Satoshi Nakamoto's identity is known. There is a possibility that if Satoshi Nakamoto's identity was known then the price would not be as expensive as it is now.
Not only is it not as expensive as it is today, Satoshi will certainly receive many threats from outsiders, let alone from the government.
He will be directly pressured to reveal all and how many Bitcoins he is actually holding.
It is better to remain anonymous at all times, because Bitcoin will not be stopped, Bitcoin remains decentralized and this is a revolutionary technology that has its pros and cons, but now it provides many advantages and benefits for everyone. Satoshi Keep an eye on all of us.
That's right, there are many threats that are very dangerous for Satoshi. I really hope Satoshi is never found so that the price of Bitcoin will still remain safe and the Bitcoin ecosystem will still remain stable at high prices. Satoshi moves in the anonymous shadows, this really interests me to imitate Satoshi style.
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You are right to some extent about 1M BTC is not a big amount but it is a big enough amount to make the market volatile besides I agree with your point because the market is highly adaptive at the moment and I think even if Satoshi tries to sell all of this money at once which he/she would definitely won't do, but in case then I think the market has enough potential to consume it.
And I don't think that's a good way to think that the creator of BTC is trying to book some profit, and people consider it a bad thing, as everyone needs money, and even if Satoshi started to book his funds which he kept public who knows if he kept some BTC hidden from the public as well, but that's another case and consider the reality that we know of.
I suggest we should not see him with such eyes, as he is a human, and needs money, so let him book the profit, and make money as well. What do you say?
That is just a case that we consider to be able to visualize how the market will react in the future, I do not think that Satoshi will come back and sell 1M BTC causing the price and independence of BTC to be negatively affected.
To me, Satoshi is a legend when creating the best version of internet money and choosing to disappear when achieving his goal to strengthen the value of BTC. Satoshi has turned down both fame and fortune from BTC, which is not something that everyone can do.
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That is just a case that we consider to be able to visualize how the market will react in the future, I do not think that Satoshi will come back and sell 1M BTC causing the price and independence of BTC to be negatively affected.
To me, Satoshi is a legend when creating the best version of internet money and choosing to disappear when achieving his goal to strengthen the value of BTC. Satoshi has turned down both fame and fortune from BTC, which is not something that everyone can do.
Well said, I once watched a video on IG in which they were saying most of the big money people have not shown there faces, people don't even know them, don't even know their names, they live in the shadows, and I can assume Satoshi had better knowledge of it. That's why he chose that path instead of choosing the path of fame. As with fame many responsibilities come, if something bad on the network, he will be accused and questioned.
But now, with no proof of his existence, authorities can't question him about anything, and he must be living the life he wants. I can't imagine how such people develop such emotions, like how they really control there emotions, how one of there surroundings, didn't noticed them, at least one of his cousin would be aware that he is satoshi. That's so strange as well. Well, as you said, we just visualize things to predict the market. That's perception based on our knowledge and facts we know.
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You are right to some extent about 1M BTC is not a big amount but it is a big enough amount to make the market volatile besides I agree with your point because the market is highly adaptive at the moment and I think even if Satoshi tries to sell all of this money at once which he/she would definitely won't do, but in case then I think the market has enough potential to consume it.
And I don't think that's a good way to think that the creator of BTC is trying to book some profit, and people consider it a bad thing, as everyone needs money, and even if Satoshi started to book his funds which he kept public who knows if he kept some BTC hidden from the public as well, but that's another case and consider the reality that we know of.
I suggest we should not see him with such eyes, as he is a human, and needs money, so let him book the profit, and make money as well. What do you say?
That is just a case that we consider to be able to visualize how the market will react in the future, I do not think that Satoshi will come back and sell 1M BTC causing the price and independence of BTC to be negatively affected.
To me, Satoshi is a legend when creating the best version of internet money and choosing to disappear when achieving his goal to strengthen the value of BTC. Satoshi has turned down both fame and fortune from BTC, which is not something that everyone can do.
That's right, Satoshi will keep all the wallets he owns and will keep all his assets, I'm sure Satoshi has a lot of Bitcoins stored as his legacy which is still well protected. This shows Satoshi's very intelligent nature and this is why many people are looking for Satoshi.
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That's right, Satoshi will keep all the wallets he owns and will keep all his assets, I'm sure Satoshi has a lot of Bitcoins stored as his legacy which is still well protected. This shows Satoshi's very intelligent nature and this is why many people are looking for Satoshi.
It's been 15 years since Bitcoin was launched and until now no one knows who Satoshi really is.
This proves that Satoshi will remain anonymous and will continue to hold Bitcoin in his wallet indefinitely.
Bitcoin without satoshi would not be what it is now, because anonymous satoshi makes Bitcoin a digital asset that cannot be intervened by anyone.
Satoshi is behind all of Bitcoin's current success.
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I'd like to hear your views on this issue:
- Will the outcome of the lawsuit involving Faketoshi Craig Wright affect the value of BTC?
- Does Satoshi's true identity matter to your BTC investment?
- When will the community stop searching for Satoshi's identity?
1. it doesn't seem so. Haven't we all this time paid no attention to the various things Craig Wright has said about the business? If so, then there's no need to think about it anymore. What is certain is, I don't agree with him claiming to be Satoshi.
2. No, it doesn't matter who the real Satoshi is. The focus is that we must be careful on whatever the FUD or other impersonate. No matter who he is or are, we must thanks to him for this extraordinary Bitcoin.
3. I don't think so. So far, the talks about Satoshi still related to certain privacy. And let's wait and keep the secret and privacy.
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2. No, it doesn't matter who the real Satoshi is. The focus is that we must be careful on whatever the FUD or other impersonate. No matter who he is or are, we must thanks to him for this extraordinary Bitcoin.
FUD and fake news are also things that we care about, but it is to prevent and warn each other to reduce the number of victims and the bad reputation for the crypto market. Satoshi created BTC, creating both a crypto market and a blockchain market, but these are also markets where scammers come to find prey. Perhaps when the crypto market matures and is managed seriously, the FUD and fake news in the market will also decrease when the perpetrators will be severely punished as what is happening in the stock market.
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FUD and fake news are also things that we care about, but it is to prevent and warn each other to reduce the number of victims and the bad reputation for the crypto market. Satoshi created BTC, creating both a crypto market and a blockchain market, but these are also markets where scammers come to find prey. Perhaps when the crypto market matures and is managed seriously, the FUD and fake news in the market will also decrease when the perpetrators will be severely punished as what is happening in the stock market.
I think this has become a cycle in the world of cryptocurrency, there are definitely groups that will try to provide cryptocurrency price movements by providing some news that is spread through news websites on the internet, for example, when they want the price to collapse there will be a lot of bad news circulating. with the aim of making traders and whales panic, and vice versa, when the price wants to rise, many will try to create good news about cryptocurrency so that many people are influenced and buy cryptocurrency which ultimately makes the price increase.
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However, I think of something else: in recent years, when Craig Wright claimed to be Satoshi, has the value of BTC been affected? And suppose the Judge declares that Craig Wright is Satoshi, will our accumulation, storage and use of BTC be affected? My answer is always very clear: No!
I agree completely with everything that you have said, but let's disagree a bit on this subject I quoted above, based on how people reason or think most of the time, I personally believe that if somehow, the court had managed to recognize and declare craig Wright, as the true Satoshi Nakamoto, I believe the price BSV would have pumped really hard, in fact, I fear to say that BSV possibly would have taken over the thrown of crypto dominance away from Bitcoin and own it for itself, and this is because, the community would have been completely divided, and here is what would have happened, the bitcoin OGs would have possibly sticked with bitcoin, while the crypto newbies would have gone for BSV due to the fact that this would have been more recognized since it's founder is known and already made connections with some governments and possibly will still make more, in fact, for bitcoin not to turn and be considered a shit coin BSV is today, Satoshi himself or their self would have had to come out to rebuke criag Wright, as well as the court by proofing beyound all reasonable doubt that he (criag wright) is not Satoshi.
But all the sane, thank goodness the court was completely truthful and fair in the case by not allowing the imposter to buy his way into the judgment.
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Well said, I once watched a video on IG in which they were saying most of the big money people have not shown there faces, people don't even know them, don't even know their names, they live in the shadows, and I can assume Satoshi had better knowledge of it. That's why he chose that path instead of choosing the path of fame. As with fame many responsibilities come, if something bad on the network, he will be accused and questioned.
But now, with no proof of his existence, authorities can't question him about anything, and he must be living the life he wants. I can't imagine how such people develop such emotions, like how they really control there emotions, how one of there surroundings, didn't noticed them, at least one of his cousin would be aware that he is satoshi. That's so strange as well. Well, as you said, we just visualize things to predict the market. That's perception based on our knowledge and facts we know.
I don't think that he had let anyone know about his identity and that he is the one who created Bitcoin even his close relatives, maybe his direct family knows about it but I doubt it because secrets don't stay secret if they are shared with anyone even with family members. After all, at some point, one of the members who know will have it come out of their mouth when they are having a conversation in a flow because it happens when you are in the flow, you tend to say things that you aren't supposed to say.
He was a very wise man, he knew that it wouldn't be a good option for him to reveal his identity by creating such a technology only to garner fame and become popular because it could become a life threat for him if he did that back then.
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That's right, Satoshi will keep all the wallets he owns and will keep all his assets, I'm sure Satoshi has a lot of Bitcoins stored as his legacy which is still well protected. This shows Satoshi's very intelligent nature and this is why many people are looking for Satoshi.
From your statement of "I am sure...." I assumed you don't really know how much BTC he has in his holdings. Currently, there are more than 1 million. As I and other members have mentioned, so you can check by yourself also. The point is that Satoshi is an intelligent person and BTC is the proof. Besides his anonymity and remaining in the shadows is also proof that he is an intelligent person.
The point I am curious about is why he still not moved any of his funds yet. As he must be in need of money then why he is not utilizing these funds? Maybe he kept these funds public, just to show us that he have these funds, but the real purpose might be to abandon these BTC ti shorten the supply. Who knows the real agenda behind it, only Allah and Satoshi knows.
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1.Will the outcome of the lawsuit involving Faketoshi Craig Wright affect the value of BTC?
Everyone and including the judges know that CW is not Satoshi, so the lawsuit isn't gonna be in his favour.
2.Does Satoshi's true identity matter to your BTC investment?
It would have mattered is bitcoin was centralized and the destiny of bitcoin lies in his hand. Right now, it doesn't matter. We are all Satoshis
3. When will the community stop searching for Satoshi's identity?
Maybe in 50+ years time, when it will be obvious that Satoshi is no more.
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FUD and fake news are also things that we care about, but it is to prevent and warn each other to reduce the number of victims and the bad reputation for the crypto market. Satoshi created BTC, creating both a crypto market and a blockchain market, but these are also markets where scammers come to find prey. Perhaps when the crypto market matures and is managed seriously, the FUD and fake news in the market will also decrease when the perpetrators will be severely punished as what is happening in the stock market.
I think this has become a cycle in the world of cryptocurrency, there are definitely groups that will try to provide cryptocurrency price movements by providing some news that is spread through news websites on the internet, for example, when they want the price to collapse there will be a lot of bad news circulating. with the aim of making traders and whales panic, and vice versa, when the price wants to rise, many will try to create good news about cryptocurrency so that many people are influenced and buy cryptocurrency which ultimately makes the price increase.
that's the reality, we will always hear good and bad news about bitcoin and crypto currency. They will make the market rise, with good news and make the market dump with bad news. But ahead of the halving this time, there is only good news circulating. Hopefully bitcoin and crypto can reach a new ATH which is 2 times higher than before
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I don't think that he had let anyone know about his identity and that he is the one who created Bitcoin even his close relatives, maybe his direct family knows about it but I doubt it because secrets don't stay secret if they are shared with anyone even with family members. After all, at some point, one of the members who know will have it come out of their mouth when they are having a conversation in a flow because it happens when you are in the flow, you tend to say things that you aren't supposed to say.
He was a very wise man, he knew that it wouldn't be a good option for him to reveal his identity by creating such a technology only to garner fame and become popular because it could become a life threat for him if he did that back then.
That's right, by keeping things secret, everything will remain safe, including us in this forum, no one knows who I really am and it's better that way because sometimes when we know someone's identity we will feel uncomfortable and our privacy will be disturbed, so it's more Well, Satoshi Nakamoto keeps himself closed and never reveals his identity under any circumstances.
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There is no way Satoshi will show his true identity. The purpose of Bitcoin is to hide the wealth of people from the government or to anyone. Because if ever someone knows that you are wealthy, you can't live a normal life you want. It will risks your life if you live like a normal people since the government knows about it as well as other big people that are looking for wealthy people to victimize. So because of Satoshi, they made Bitcoin to make it possible for a wealthy people to live a normal life. He also made it to himself.
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Before going to my discussion in this thread, let me say this.
That part above makes me like my alt account not my offense, just saying and to make sure you are not my alt. :)
I saw some of your threads and joined discussions too but forget to say you about this!
Yeah understand the feeling you are halving currently.
during my little beginning over the other forum, I do have people I love posting like them but if time not taken people can accused of you being alt to the person whom took you as their role model. So, it's not something new anymore and do not feel guilty of people trying to link you as alt. I understand the pain seeing people just doing as you, but alternatively you should be because they rates you as a good poster so, they wants to be like you meaning you are Good!
Now, about this topic, every person who uses bitcoin for transactions, run Bitcoin full nodes actually contributing to Bitcoin network, its decentralization and its adoption. If we own/ use bitcoins, we are components of Bitcoin community and important.
But to say we are more important than Satoshi Nakamoto, I disagree and there is no way to prove that we are more or less important than Satoshi Nakamoto. Just own, use Bitcoin network and bitcoins, and enjoy with this experience. Don't try to compare us with Satoshi Nakamoto.
Though I could be wrong with my statement but what I understood from op is that he is trying to say; If we the user or the operator of bitcoin do not keep the fate to continually use bitcoin irrespective of the hit from government and whosoever, bitcoin wouldn't have been this strong. Alternatively when you look at his statement he is partially right though the way he presented it without clear elaboration makes it look very less important.
Satoshi has done his/her own part for creating a digital currency like bitcoin, but without the strong believe of people and putting trust to it even though we don't know him realistically, physically or in person still shows how important the community is to have keep using bitcoin without showing face for any day. So to break it down, Satoshi's dream came into effective when people keeps using/ adopting to his idea as they regularly use it for investment, transaction and payment purposes. But to crown it all, we are all important, without him creating bitcoin there would be nothing like cryptocurrency today so, he gave birth to digitalization we are enjoying today. Permit me to say "Financial freedom".
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I still think that its sort of correct, not saying that this is a %100 proof thing because we do not have a data, but if the comparison is "just satoshi vs everyone" then yeah everyone is more important. Satoshi could have created it and then if nobody cared then it was just a thesis paper at most and nothing else. Whereas when everyone picked it up, it became something nad now it has over a trillion dollar market cap as well. This is our achievement, thanks to him of course and he made this possible but also we were the ones who put our billions and billions together into this to make it over a trillion dollar market cap.
Our contributions to this project as individuals weren't magical. I believe most of us were drawn to the Bitcoin project after realizing that the traditional way of life (government/banks) wasn't going to help us in any significant manner. Bitcoin was like a means of breaking free from the protocols that govern the majority, i.e., average individuals. We saw an opportunity that could grant us financial freedom and thought the Bitcoin project would be worth our investment. Though not everyone believed at first, the testimonies of others led to more people being drawn towards Bitcoin.
There is no way Satoshi will show his true identity. The purpose of Bitcoin is to hide the wealth of people from the government or to anyone. Because if ever someone knows that you are wealthy, you can't live a normal life you want. It will risks your life if you live like a normal people since the government knows about it as well as other big people that are looking for wealthy people to victimize. So because of Satoshi, they made Bitcoin to make it possible for a wealthy people to live a normal life. He also made it to himself.
I am not sure if this is quite the real reason for introducing Bitcoin. The interference of middlemen in transactions and the keeping of funds has been a way of life until Satoshi came up with the idea. Looking back to the 2007/08 financial crisis, it was enough motivation to introduce a new scheme that puts everyone in charge of their own finances. Transactions, of course, can be monitored by everyone, which doesn't affect the wealthy in any way, except if there is a fraudulent purpose attached.
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I am jubilant when I learned that finally COPA won the case against Craig Wright which once and for all set the record straight: Craig Wright has never been the real Satoshi Nakamoto, the creator of Bitcoin and therefore he has no legal right whatsoever to any part or all of Bitcoin. The man is purely fake and the very fact that he is claiming to be the guy is the best indicator that he is not, as the real one opted to go underground never to have been traced and has never shown any credible sign of coming back.
1. Will the outcome of the lawsuit involving Faketoshi Craig Wright affect the value of BTC?
Positive or negative, I don't think the cryptocurrency market is giving any real weight to the failed saga of the fake guy named Craig Wright...but this can certainly affect his own BSV as he officially lost all the credibility still left of him. And maybe it is time for him to go and just concentrate on BSV and his own community as we know that there can still be people whom he can fool.
2. Does Satoshi's true identity matter to your BTC investment?
No. When I bought my first BTC, I never know the full story of Satoshi Nakamoto and at that time it was not a factor for my decision. It was only later that I heard more of this man and his contribution to humanity being the one who started Bitcoin which lead to the cryptocurrency industry that we have now. And I think this is the same story with many other people...we don't care the details and whereabouts of the creator...what is the most important is the one he created.
3. When will the community stop searching for Satoshi's identity?
In my own view, Satoshi Nakamoto is already a "cult" figure and there will be people obsessed in finding out more details on him and speculating on who can this man be. And for this reason, the search for Satoshi Nakamoto will never stop today and into the future unless either he will show up someday or it can be verified that he is already dead...or maybe it can ascertain that he was not actually a real person. For now, nobody can answer those concerns so Satoshi Nakamoto will always be on the "wanted" list.
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There is no way Satoshi will show his true identity. The purpose of Bitcoin is to hide the wealth of people from the government or to anyone. Because if ever someone knows that you are wealthy, you can't live a normal life you want. It will risks your life if you live like a normal people since the government knows about it as well as other big people that are looking for wealthy people to victimize. So because of Satoshi, they made Bitcoin to make it possible for a wealthy people to live a normal life. He also made it to himself.
Bitcoin is a way of hiding our wealth, by investing there and people don't know about it. Moreover, the government will always chase our taxes :)
And Sathosi has provided that solution. I think Sathosi will continue to hide his identity, and remain anonymous
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There is no way Satoshi will show his true identity. The purpose of Bitcoin is to hide the wealth of people from the government or to anyone. Because if ever someone knows that you are wealthy, you can't live a normal life you want. It will risks your life if you live like a normal people since the government knows about it as well as other big people that are looking for wealthy people to victimize. So because of Satoshi, they made Bitcoin to make it possible for a wealthy people to live a normal life. He also made it to himself.
Bitcoin is a way of hiding our wealth, by investing there and people don't know about it. Moreover, the government will always chase our taxes :)
And Sathosi has provided that solution. I think Sathosi will continue to hide his identity, and remain anonymous
We have to imagine what would happen if Satoshi will show up. Considering that in the first place the government don't like Bitcoin because they are trying to stop payments on a website before through a blockade of cards but because of Bitcoin they can still make payment. People might think today that all is well and the government will not looking for Satoshi. Well, that's our opinion and we don't know the very truth on what's their real plan if ever Satoshi come out. Satoshi is a genius, and he will not let all his hard work go to waste.
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We have to imagine what would happen if Satoshi will show up. Considering that in the first place the government don't like Bitcoin because they are trying to stop payments on a website before through a blockade of cards but because of Bitcoin they can still make payment. People might think today that all is well and the government will not looking for Satoshi. Well, that's our opinion and we don't know the very truth on what's their real plan if ever Satoshi come out. Satoshi is a genius, and he will not let all his hard work go to waste.
If Satoshi were to emerge, governments might shift their focus from exploring crypto applications to evaluating the true potential of BTC as it was created by someone with a clear identity. Governments would be hesitant to embrace an asset created on the internet by a citizen of another country, and they would not want to have to negotiate with an individual in society.
I believe that Satoshi recognized this and therefore chose to disappear to protect the value and independence of BTC. Therefore, today we have the task of continuing to maintain the Bitcoin network and protecting all the decentralized values of BTC in the economy.
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We have to imagine what would happen if Satoshi will show up. Considering that in the first place the government don't like Bitcoin because they are trying to stop payments on a website before through a blockade of cards but because of Bitcoin they can still make payment. People might think today that all is well and the government will not looking for Satoshi. Well, that's our opinion and we don't know the very truth on what's their real plan if ever Satoshi come out. Satoshi is a genius, and he will not let all his hard work go to waste.
If Satoshi were to emerge, governments might shift their focus from exploring crypto applications to evaluating the true potential of BTC as it was created by someone with a clear identity. Governments would be hesitant to embrace an asset created on the internet by a citizen of another country, and they would not want to have to negotiate with an individual in society.
I believe that Satoshi recognized this and therefore chose to disappear to protect the value and independence of BTC. Therefore, today we have the task of continuing to maintain the Bitcoin network and protecting all the decentralized values of BTC in the economy.
What you say is very true, for me what Satoshi did was a genius, something that no government or anyone in the world can fight with, the fact of having created such a Self-sufficient economy and that just the fact that it did not suffer from Inflation is something that goes far beyond what all of life has been planted in the economy, the economy is a failure, because it is only Backed by gold, and we all know that gold is not a guarantee for governments, especially The one that has the greatest hierarchy with its hegemony is the USA, which makes its direct controls so that they continue to use the dollar as a world currency, but we all know the errors and shortcomings that the dollar has.
As long as there is inflation, things with the traditional economy will not go well, and bitcoin clearly does that, which is why Satoshi's identity should never be revealed, in fact for me it will never be revealed.
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There is no way Satoshi will show his true identity. The purpose of Bitcoin is to hide the wealth of people from the government or to anyone. Because if ever someone knows that you are wealthy, you can't live a normal life you want. It will risks your life if you live like a normal people since the government knows about it as well as other big people that are looking for wealthy people to victimize. So because of Satoshi, they made Bitcoin to make it possible for a wealthy people to live a normal life. He also made it to himself.
If Satoshi Nakamoto has shown his identity to the world then the purpose.of bitcoin will be defeated because they would force him to devalue bitcoin and Bitcoin will become a nothing and worthless because there will be a central control of of. The governments are not even happy that bitcoin is existing and that is why some countries upon knowing the truth about bitcoin still ban it citizens to use it. And once bitcoin is controlled by the government then the number of bitcoins individual will have will be controlled by the government. So it is better this way.
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What you say is very true, for me what Satoshi did was a genius, something that no government or anyone in the world can fight with, the fact of having created such a Self-sufficient economy and that just the fact that it did not suffer from Inflation is something that goes far beyond what all of life has been planted in the economy, the economy is a failure, because it is only Backed by gold, and we all know that gold is not a guarantee for governments, especially The one that has the greatest hierarchy with its hegemony is the USA, which makes its direct controls so that they continue to use the dollar as a world currency, but we all know the errors and shortcomings that the dollar has.
As long as there is inflation, things with the traditional economy will not go well, and bitcoin clearly does that, which is why Satoshi's identity should never be revealed, in fact for me it will never be revealed.
BTC was born due to ongoing inflation, which erodes the value of labor and allows people to buy fewer goods with the same amount of work. As long as inflation persists, BTC will continue to be in demand. While the severe inflation of the past few years has heightened public awareness of the nature of money, the story of BTC's true value has not yet been effectively promoted. It seems that traditional investors are only interested in spot BTC ETFs and not the revolution that BTC is leading.
I hope Satoshi is still following the development of BTC and the crypto market, and it would be better if Satoshi could contribute his/her thoughts through a different account to help us find the right and effective direction. Or maybe Satoshi is already doing so without us knowing :)
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I'd like to hear your views on this issue:
- Will the outcome of the lawsuit involving Faketoshi Craig Wright affect the value of BTC?
I don't think it will have an effect with or without Satoshi in our midst, the blockchain works perfectly and adoption is smooth, but it's a big relief that the court has proven that Craig Wright is not Satoshi there will be no interruption anymore or debate because Wright's character is very much different from the real Satoshi
- Does Satoshi's true identity matter to your BTC investment?
The market is doing great we have not had Satoshi's presence ever since and since it is an open-source we will be doing great even if the real Satoshi exposes himself.
- When will the community stop searching for Satoshi's identity?
We have no control over people who hold Bitcoin and the media will consider this a very good scoop and will add reputation to their name if they are the first to discover who Satoshi is, so the search will continue for many years to come.
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What you say is very true, for me what Satoshi did was a genius, something that no government or anyone in the world can fight with, the fact of having created such a Self-sufficient economy and that just the fact that it did not suffer from Inflation is something that goes far beyond what all of life has been planted in the economy, the economy is a failure, because it is only Backed by gold, and we all know that gold is not a guarantee for governments, especially The one that has the greatest hierarchy with its hegemony is the USA, which makes its direct controls so that they continue to use the dollar as a world currency, but we all know the errors and shortcomings that the dollar has.
As long as there is inflation, things with the traditional economy will not go well, and bitcoin clearly does that, which is why Satoshi's identity should never be revealed, in fact for me it will never be revealed.
BTC was born due to ongoing inflation, which erodes the value of labor and allows people to buy fewer goods with the same amount of work. As long as inflation persists, BTC will continue to be in demand. While the severe inflation of the past few years has heightened public awareness of the nature of money, the story of BTC's true value has not yet been effectively promoted. It seems that traditional investors are only interested in spot BTC ETFs and not the revolution that BTC is leading.
I hope Satoshi is still following the development of BTC and the crypto market, and it would be better if Satoshi could contribute his/her thoughts through a different account to help us find the right and effective direction. Or maybe Satoshi is already doing so without us knowing :)
It's like this, I really see Bitcoin as an ascending economy that Emerges above the others, that has no flaws, for the same reason that you talk about the traditional System of money, there are always ways that they focus everything about money just to make us see that our work becomes pure sacrifice and exploitation without giving the true value to our effort, in fact Bitcoin is the only means by which for me a person can obtain financial freedom, what Satoshi did is very Good , I think He thought about how he could have given a good gift to the world and Created bitcoin. Honestly, bitcoin has changed lives, and the best thing of all is that it is not controlled.
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The market is doing great we have not had Satoshi's presence ever since and since it is an open-source we will be doing great even if the real Satoshi exposes himself.
I truly hope that Satoshi's identity will never be revealed and BTC will maintain its independence without being significantly impacted by any individual. BTC is considered a commodity because there is no single individual or organization in charge, while ETH has not yet been confirmed by the SEC as a commodity because there are still some factors related to Vitalik Buterin and the Ethereum Foundation.
Honestly, I would like to know Satoshi's identity, but it would be better if only I knew it and I would keep it a secret to protect the future of BTC in the economy!