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 Nakamoto reveals himself today it will definitely shake the whole bitcoin community up. It will really affect bitcoin and whether it is negative or positive, it’ll just affect the normalcy we use to know about bitcoin. The government’s hate privacy and they can do anything to bring privacy of the people down and not exist again. Satoshi Nakamoto have been an icon in the space for investing this technology that no one till date have been able to compromise or make any changes that will affect the normal work flow of it.
The government and its people will arrest, prosecute and detain Satoshi Nakamoto and will force him to reveal somethings about the bitcoin technology for them to have a total control of it, it’ll be so threatening to him that he may not have a choice than to reveal it. His hidden identity means a lot to bitcoin survival in my opinion, so revealing himself may not really be necessary. We like the way bitcoin is transgressing without any setback so far, so I pray it continues to evolve in this manner.
Satoshi Nakamoto, who is unknown to the public makes Bitcoin safer for the entire associated community. This freedom is what makes the Bitcoin technology most appealing and which puts the technology in a class of its own. His absence serves the Bitcoin, which does not need outside interference, best by maintaining the ideas and ethos of decentralization. For us, this anonymity is freedom in the perennially tightening world of finance.
This is true especially if Satoshi remains unknown, in that Bitcoin will keep on evolving as a unique and influential virtual money. This is due to the freedom that anonymity provides the technology with, and it can be hoped that the same applies to Bitcoin’s strength and ability to continue its development independent of outside forces. Satoshi cannot be identified and that is part of the grand plan of bitcoin, as the website suggests, to provide economic freedom to all of us.