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Author Topic: What would happen if the real Satoshi Nakamoto came out in public?  (Read 7510 times)

Offline bayu7adi

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Re: What would happen if the real Satoshi Nakamoto came out in public?
« Reply #15 on: October 22, 2024, 06:34:56 AM »
What do you think when Satoshi Nakamoto succeeds in proving that he is the real one and then appears publicly?
I don't think anyone will ever succeed in proving that he is the real Satoshi, simply because the real Satoshi, if he is still alive, does not want to appear in public and does not want anyone to know him, while the rest are all liars.
We talk about "assuming" so, even though it seems impossible, we still appreciate it because it could happen...
For example, someone managed to prove ownership of satoshi nakamoto's wallet... by proving ownership of the wallet, I think it's enough for someone to claim that he is satoshi nakamoto in a form that we might not expect...

when it was first developed, he was present on the bitcointalk forum, but then disappeared and until now is not visible... that means he existed before, and it is possible that he still exists now.

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Re: What would happen if the real Satoshi Nakamoto came out in public?
« Reply #15 on: October 22, 2024, 06:34:56 AM »

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Offline yhiaali3

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Re: What would happen if the real Satoshi Nakamoto came out in public?
« Reply #16 on: October 22, 2024, 07:01:59 AM »
We talk about "assuming" so, even though it seems impossible, we still appreciate it because it could happen...
For example, someone managed to prove ownership of satoshi nakamoto's wallet... by proving ownership of the wallet, I think it's enough for someone to claim that he is satoshi nakamoto in a form that we might not expect...

when it was first developed, he was present on the bitcointalk forum, but then disappeared and until now is not visible... that means he existed before, and it is possible that he still exists now.
Sure he existed before and maybe he exists now, no one knows if he is alive or dead, but there is a high probability that he is still among us and secretly watching everything.

What I meant is that if Satoshi wanted to show himself to the public, he would have done so a long time ago, but since he has not done so yet, I do not think he will ever do so.

As for the assumption, yes there is a possibility, albeit a very weak one, that someone will be able to prove ownership of the wallet belonging to Satoshi in a way we do not expect, in the science of probability everything is possible.

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Re: What would happen if the real Satoshi Nakamoto came out in public?
« Reply #16 on: October 22, 2024, 07:01:59 AM »

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Online Rubel007

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Re: What would happen if the real Satoshi Nakamoto came out in public?
« Reply #17 on: October 22, 2024, 10:06:22 AM »
The world of bitcoin seems to be a world built with puzzles... privacy to protect identity and even now many of us do not know who the real Satoshi Nakamoto is... he is said to be the inventor of Bitcoin, and I am sure the public reaction to his emergence will be something sensational...

What do you think when Satoshi Nakamoto succeeds in proving that he is the real one and then appears publicly?
Will the cryptocurrency market collapse or will it actually improve? I like the wild logic that might be in your mind.
One of the main things that people like Bitcoin because it is decentralized. If for some reason the founder Satoshi Nakamoto is found then I think that even if there is no problem with Bitcoin, the governments of different countries can pressure him and try to take away all his Bitcoins which can completely destroy this huge capital market. While Satoshi Nakamoto's true identity is positive, it will eventually cause a major market destrucktion, potentially losing Bitcoin's support for the decentralized feature.

Offline Lucius

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Re: What would happen if the real Satoshi Nakamoto came out in public?
« Reply #18 on: October 22, 2024, 04:00:28 PM »
I thought that no one knew who Satoshi was, the way you wrote it, it seems that some people do know but don't want to say? In my opinion, there is no sensation here, neither about who he is, nor when he would appear - because he or they have done their job and there is really no need for them to ever be present in public again.

One of my curiosities is precisely this
Does anyone alive know Satoshi's real identity?
Whether he's alive or not, or whether he's more than one person, is a question that really intrigues me


We can only speculate about that, because even if someone knows who it is, they have been keeping that secret pretty well for 15 years. I personally respect the wish of whoever posed as Satoshi on BTT to remain anonymous, because I think that person knew very well that Bitcoin would never be what it is today if he hadn't gone into the shadows.

I don't think we can know how the market would react to such news, because part of it would be delighted by it, part of it would surely be afraid that Satoshi would dump all his BTC. Therefore, it is better that such a thing never happens.

It would be very strange and I can't imagine the direction the market would take with this news, but I believe it would be bad, since with a known identity perhaps somewhere they could sue Satoshi in some way, or demand something from some government...

My personal opinion is that the market would panic because of the fear of the alleged 1 million BTC that Satoshi has, and that would bring down the price quite a bit, at least for a while. I also think that Satoshi would be under a lot of pressure to do this or that, because there are a lot of people who think that the distribution was unfair and that the supply should be increased, or who knows what nonsense they would think of.
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Offline doc

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Re: What would happen if the real Satoshi Nakamoto came out in public?
« Reply #19 on: October 22, 2024, 05:24:48 PM »
The world of bitcoin seems to be a world built with puzzles... privacy to protect identity and even now many of us do not know who the real Satoshi Nakamoto is... he is said to be the inventor of Bitcoin, and I am sure the public reaction to his emergence will be something sensational...

What do you think when Satoshi Nakamoto succeeds in proving that he is the real one and then appears publicly?
Will the cryptocurrency market collapse or will it actually improve? I like the wild logic that might be in your mind.
One of the main things that people like Bitcoin because it is decentralized. If for some reason the founder Satoshi Nakamoto is found then I think that even if there is no problem with Bitcoin, the governments of different countries can pressure him and try to take away all his Bitcoins which can completely destroy this huge capital market. While Satoshi Nakamoto's true identity is positive, it will eventually cause a major market destrucktion, potentially losing Bitcoin's support for the decentralized feature.
That is the risk that will occur if sathoosi is found, the possibility of the government taking over his bitcoin and destroying the crypto market, that is the worst prediction we should think about. in my opinion, ssathosi should remain anonymous and never be found. So that bitcoin remains safe and the price of bitcoin will be more expensive in the future.
We as crypto overs certainly hope that bitcoin will be more expensive in the future.

Offline debra

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Re: What would happen if the real Satoshi Nakamoto came out in public?
« Reply #20 on: October 22, 2024, 10:07:43 PM »
What do you think when Satoshi Nakamoto succeeds in proving that he is the real one and then appears publicly?
Real Satoshi will never do this. He won't show to the public his real identity. There is no advantage to do this. This only leads to centralized Bitcoin because there is a person who can control it. Satoshi likes decentralized system, so he will never have an idea to tell people about his real identity.

Will the cryptocurrency market collapse or will it actually improve? I like the wild logic that might be in your mind.
I don't know what's to happen if it really happens. But I think it won't be good thing for crypto ecosystem. Instead of improving crypto, it is more likely to the end of crypto industry.


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Re: What would happen if the real Satoshi Nakamoto came out in public?
« Reply #21 on: October 22, 2024, 11:09:34 PM »
What do you think when Satoshi Nakamoto succeeds in proving that he is the real one and then appears publicly?
Will the cryptocurrency market collapse or will it actually improve? I like the wild logic that might be in your mind.
First of all i don't think Satoshi will ever reveal his identity, he went away anonymous for a reason or he could even be dead, but i don't think we are ever going to find out who he truly is.

However, if it ever happens, the price of BTC will fall, because so many people will be worried that he may dump his coins, so the price will stay down for sometime before rising again.

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Re: What would happen if the real Satoshi Nakamoto came out in public?
« Reply #21 on: October 22, 2024, 11:09:34 PM »


Offline TomPluz

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Re: What would happen if the real Satoshi Nakamoto came out in public?
« Reply #22 on: October 23, 2024, 06:35:54 AM »


In addition to the possibility of Satoshi Nakamoto one day showing up in the public and convincing us that he is the genuine one (no matter how remote it can be) we should also be looking at the possibility of someone moving a part or all the BTC he got in his wallet...do you think this will cause such a very popular bewilderment not just from the cryptocurrency industry but even outside? Now, that would be more exciting to me and can be adding more layer of mystery to Satoshi Nakamoto and maybe can be a big confirmation that he can be alive somewhere. Now, am wondering if moving his BTC can be a good way to track his location...even with the use of VPN. Anyway, all of these speculations which have been running since day one would just add more mystique to Satoshi Nakamoto and can be adding more color, vibrance, excitement to Bitcoin.

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Re: What would happen if the real Satoshi Nakamoto came out in public?
« Reply #23 on: October 23, 2024, 10:54:50 PM »


In addition to the possibility of Satoshi Nakamoto one day showing up in the public and convincing us that he is the genuine one (no matter how remote it can be) we should also be looking at the possibility of someone moving a part or all the BTC he got in his wallet...do you think this will cause such a very popular bewilderment not just from the cryptocurrency industry but even outside? Now, that would be more exciting to me and can be adding more layer of mystery to Satoshi Nakamoto and maybe can be a big confirmation that he can be alive somewhere. Now, am wondering if moving his BTC can be a good way to track his location...even with the use of VPN. Anyway, all of these speculations which have been running since day one would just add more mystique to Satoshi Nakamoto and can be adding more color, vibrance, excitement to Bitcoin.
Actually I never expected and thought that Satoshi Nakamoto would appear and dare to reveal his identity. because in my opinion he will always be anonymous until whenever. And let him remain anonymous and not appear in public. Because his work is enough to be a pioneer in the world of crypto currency and his thoughts are very valuable for crypto technology.

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Re: What would happen if the real Satoshi Nakamoto came out in public?
« Reply #24 on: October 23, 2024, 11:03:55 PM »
The question is why did he just appear now and why did he have to appear again after so long? Surely there is a certain reason, but it will be difficult to prove. But even if, for example, there is someone who can really prove it. and he is proven to be Satoshi, I would be worried about his safety, he will definitely be targeted by many parties. and if something happens to him, there will be a lot of FUD circulating. Moreover, this could not be decentralization anymore because people might stick to what he said. ah this will not be good. It is better like this that Satoshi always remains a mystery and Satoshi will not reveal himself to the public no matter what happens. that is the reality, if someone claims to be Satoshi, then it is a lie.

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Re: What would happen if the real Satoshi Nakamoto came out in public?
« Reply #25 on: October 24, 2024, 06:49:47 AM »
I believe that you could express a very interesting topic in your post. I also believe that when will comes in real satoshi it will be very prefer for cryptocurrency market. Because i think that real satoshi bring to best benefit for us. But i also believe that when real satoshi comes in cryptocurrency market then bitcoin price will be effective in this matter. We also believe that if real satoshi Nakamoto will comes in cryptocurrency market, then bitcoin price will be very high or down.
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Re: What would happen if the real Satoshi Nakamoto came out in public?
« Reply #26 on: October 24, 2024, 07:27:39 AM »

He been trying to hide for more than a decade already, there is a good reason to hide than coming out in public so why would he prove his identity and sign message?

He could come out and claim that's just what he can do and just let the people be puzzled but proving he really is Satoshi is something that he shouldn't do. It will change his life forever. Maybe killed.

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Re: What would happen if the real Satoshi Nakamoto came out in public?
« Reply #27 on: October 26, 2024, 08:36:58 PM »
The world of bitcoin seems to be a world built with puzzles... privacy to protect identity and even now many of us do not know who the real Satoshi Nakamoto is... he is said to be the inventor of Bitcoin, and I am sure the public reaction to his emergence will be something sensational...

I thought that no one knew who Satoshi was, the way you wrote it, it seems that some people do know but don't want to say? In my opinion, there is no sensation here, neither about who he is, nor when he would appear - because he or they have done their job and there is really no need for them to ever be present in public again.

What do you think when Satoshi Nakamoto succeeds in proving that he is the real one and then appears publicly?
Will the cryptocurrency market collapse or will it actually improve? I like the wild logic that might be in your mind.


Satoshi can prove his identity only if he signs messages from one of the first BTC addresses, but even if someone does that, it would not mean that he is the real Satoshi - because anyone can get hold of those private keys at any time. However, I think that these private keys were probably destroyed on purpose so that this would never happen, which means that the mystery will continue to remain a mystery.

I don't think we can know how the market would react to such news, because part of it would be delighted by it, part of it would surely be afraid that Satoshi would dump all his BTC. Therefore, it is better that such a thing never happens.
Exactly,i dont think there would be ne any need for satoshi to make his identity publicified really I mean he's already created a thumbprint in the cryptocurrency world.
Why i say this is because since it might pose some negative impact in the market ,maybe fron the different ideas people have shared.
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Online JoyMarsha

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Re: What would happen if the real Satoshi Nakamoto came out in public?
« Reply #28 on: October 26, 2024, 10:50:50 PM »
The world of bitcoin seems to be a world built with puzzles... privacy to protect identity and even now many of us do not know who the real Satoshi Nakamoto is... he is said to be the inventor of Bitcoin, and I am sure the public reaction to his emergence will be something sensational...

What do you think when Satoshi Nakamoto succeeds in proving that he is the real one and then appears publicly?
Will the cryptocurrency market collapse or will it actually improve? I like the wild logic that might be in your mind.
If Satoshi should let go of the dangers he is to cause for himself and decide to reveal himself to the whole world to know about, I think the whole crypto world would be alert for the action the world governing bodies would take against him for creating decentralized assets that the government of a country can't penetrate on or have a control over it. And I think the world governing bodies will call him out for questioning and how the government would control Bitcoin or have it collapse. This will cause a lot of anxiety in the market, as many people would like to sell off their Bitcoin holdings in fear, not to be at a loss because there is no way that the world governing bodies would allow Satoshi to work free without trying to dismantle him and Bitcoin

Offline 21Pilots

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Re: What would happen if the real Satoshi Nakamoto came out in public?
« Reply #29 on: October 29, 2024, 05:46:01 PM »
The world of bitcoin seems to be a world built with puzzles... privacy to protect identity and even now many of us do not know who the real Satoshi Nakamoto is... he is said to be the inventor of Bitcoin, and I am sure the public reaction to his emergence will be something sensational...

What do you think when Satoshi Nakamoto succeeds in proving that he is the real one and then appears publicly?
Will the cryptocurrency market collapse or will it actually improve? I like the wild logic that might be in your mind.
If Satoshi should let go of the dangers he is to cause for himself and decide to reveal himself to the whole world to know about, I think the whole crypto world would be alert for the action the world governing bodies would take against him for creating decentralized assets that the government of a country can't penetrate on or have a control over it. And I think the world governing bodies will call him out for questioning and how the government would control Bitcoin or have it collapse. This will cause a lot of anxiety in the market, as many people would like to sell off their Bitcoin holdings in fear, not to be at a loss because there is no way that the world governing bodies would allow Satoshi to work free without trying to dismantle him and Bitcoin
If Satoshi came out to the public and want to show himself, the cryptocurrency market would be filled with a lot of anxious people as most of them believe that government will soon take an action. If Satoshi has a visible face, scaremongering government regulators or entities that want to regulate or even capture Bitcoin might act.

This potential pressure could act as a trigger for at least some of these holders to dispose of their Bitcoin, and henceforth destabilize the newly emerging market. Yet, the decentralised characteristic of Bitcoin can still promote the development of the crypto society to maintain the major principles of decentralisation.

 

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