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Author Topic: The real enemy of bitcoin  (Read 2679 times)
CryptoBuds
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October 24, 2024, 02:49:25 AM
 #101

Ever since I learned about Bitcoin, I know that Satoshi is the inventor of Bitcoin, he invented Bitcoin. But I have little interest in knowing about Satoshi, and I do not need to know whether he is the enemy of many. But I always think Satosh has no enemies. But he invented Bitcoin which I admire. As a result of his discovery, the world is going to benefit a lot today. Many attempts are being made to find Satoshi, which I don't know if it will ever be successful, but if it is possible to find Satoshi, the privacy of Bitcoin will not decrease, Bitcoin will continue at its own pace.

Why wouldn't Satoshi have enemies? Of course he does. His main enemies are banks and governments. It's the reason why he created Bitcoin in the first place. If Satoshi was fine with the current monetary system, do you think he would've invented a cryptocurrency of his own? Of course not!

He created bitcoin as an alternative, not a replacement to fiat and banks, so it cannot be said that he sees banks and governments as enemies. Maybe he is not happy to depend too much on them and bitcoin was created to reduce the dependence on them, I believe he has no intention of going against banks and governments.

For the sake of the project, it's best to leave Satoshi's identity a mystery. The lad is probably dead since 2011. After all, that's the last year when he was active. If other crypto founders copied his model, crypto land would've been a better place. Unfortunately, most cryptocurrencies have publicly-known developers/founders, making it easier for governments to hunt them down whenever they want to. Imagine what would happen with a coin like ETH if Vitalik is out of the picture. Or if Vitalik gets compromised in the long run. Market prices (and credibility) will go all the way down the drain in an instant.

Let's all focus on what matters most. And that is scaling Bitcoin to the masses. As long as decentralization is preserved, there should be nothing to worry about. Wink

He didn't want to reveal his identity from the beginning and he certainly had his own reasons. But I don't think revealing his identity will have any impact on bitcoin because bitcoin is designed differently from the rest of the market. He intentionally designed bitcoin to be decentralized and not dependent on anyone, including himself. As we can see, Bitcoin has survived and thrived without him for the past 15 years, so even if his identity is revealed, it won't change anything.

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Antonil
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October 25, 2024, 04:15:50 AM
Last edit: October 25, 2024, 04:34:54 AM by Antonil
 #102

Bitcoin's privacy has nothing to do with Satoshi's identity. Because, we all know Bitcoin is decentralized so it has no head or center. Satoshi's identity will not change the price or position of Bitcoin. However, trying to find Satoshi is something many people have been doing for years. Because, people are naturally curious about who created this technology. Some people will say that Satoshi hid his identity because he secretly wanted to control Bitcoin. But I want to say that nothing in the world is created by itself. Someone's hand is behind it. But the one we know as Satoshi disappeared somewhere after 2011. He is believed to have passed on to the afterlife. After 2011, today is 2024, more than 1 era, Bitcoin comes into circulation among all of us. And whose man is increasing day by day.

However, does Satoshi have any enemies?
We think that his main enemies are the banks and the government. But not so. He created Bitcoin as an alternative, not a replacement for fiat and banks, so it cannot be said that he sees banks and governments as enemies. Maybe he is not happy to depend on them too much and Bitcoin was created to reduce the dependence on them, I believe he has no desire to go against the banks and the government. (Dude, I totally agree with what you say)
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October 25, 2024, 06:28:06 AM
 #103

Ever since I learned about Bitcoin, I know that Satoshi is the inventor of Bitcoin, he invented Bitcoin. But I have little interest in knowing about Satoshi, and I do not need to know whether he is the enemy of many. But I always think Satosh has no enemies. But he invented Bitcoin which I admire. As a result of his discovery, the world is going to benefit a lot today. Many attempts are being made to find Satoshi, which I don't know if it will ever be successful, but if it is possible to find Satoshi, the privacy of Bitcoin will not decrease, Bitcoin will continue at its own pace.

Why wouldn't Satoshi have enemies? Of course he does. His main enemies are banks and governments. It's the reason why he created Bitcoin in the first place. If Satoshi was fine with the current monetary system, do you think he would've invented a cryptocurrency of his own? Of course not!

He created bitcoin as an alternative, not a replacement to fiat and banks, so it cannot be said that he sees banks and governments as enemies. Maybe he is not happy to depend too much on them and bitcoin was created to reduce the dependence on them, I believe he has no intention of going against banks and governments.

A man wanted an alternative, and he created it. For everybody else to use, too.
And with it, he created a full-blown-up space. Truly, a legend of legends  Grin

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October 25, 2024, 06:30:16 AM
 #104

In a short while it could create a 'centralised' image for Bitcoin since some would be looking forward to what they would say.
Been a Bitcoiner is not about investing in Bitcoin, it also involves using and engaging in activities relating to Bitcoin.  

Very well said and thus is why the reasons for anonymity is beneficial as it protects the privacy  of Bitcoin, like they say over curiosity killed the cats so anyone making an attempt to reveal or wanting to know the real face of Satoshi's is a reputable decisions because instead of tarnishing the image of Bitcoin it'll definitely rise above dip and make everyone to see it's main usage and importance so the real enemy of Bitcoin is not Satoshi or the fact that he's anonymous.

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October 25, 2024, 07:51:17 AM
 #105

Very well said and thus is why the reasons for anonymity is beneficial as it protects the privacy  of Bitcoin, like they say over curiosity killed the cats so anyone making an attempt to reveal or wanting to know the real face of Satoshi's is a reputable decisions because instead of tarnishing the image of Bitcoin it'll definitely rise above dip and make everyone to see it's main usage and importance so the real enemy of Bitcoin is not Satoshi or the fact that he's anonymous.
The only big enemy of Satoshi Nakamoto is the government that rejects bitcoin and they think that the presence of bitcoin can kill the previous financial system. In fact, that does not happen because fiat is still quite needed by the wider community in this world and the presence of bitcoin is actually an alternative not a competitor as most bitcoin haters say. We need an alternative to maintain the value of the currency we have, so the presence of bitcoin is the right solution because bitcoin can maintain the value of the assets we store.

No one has been able to reveal the identity of Satoshi Nakamoto until now, so discussing this issue will only take up unnecessary time. Let's just say it's a conspiracy that doesn't allow his identity to be revealed to the public so we don't have to worry about getting involved with Satoshi Nakamoto's enemies.


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October 25, 2024, 03:33:45 PM
 #106

The only big enemy of Satoshi Nakamoto is the government that rejects bitcoin and they think that the presence of bitcoin can kill the previous financial system. In fact, that does not happen because fiat is still quite needed by the wider community in this world and the presence of bitcoin is actually an alternative not a competitor as most bitcoin haters say. We need an alternative to maintain the value of the currency we have, so the presence of bitcoin is the right solution because bitcoin can maintain the value of the assets we store.

That was true in the past, but not anymore because as we see, many governments have gradually legalized bitcoin and become friendly to it, there are not many countries that hate bitcoin anymore. Also, it's not entirely their fault that the government hates bitcoin, it's partly our fault for spreading the message that bitcoin was created to replace fiat and beat the banks...We have contributed to the spread of these misconceptions, making the misunderstanding even greater.
But fortunately, the misunderstanding was cleared up and things are getting better.

No one has been able to reveal the identity of Satoshi Nakamoto until now, so discussing this issue will only take up unnecessary time. Let's just say it's a conspiracy that doesn't allow his identity to be revealed to the public so we don't have to worry about getting involved with Satoshi Nakamoto's enemies.
I think this is not only a waste of time but also shows a lack of respect for him. He decided to remain anonymous for his own reasons and we should respect his decision instead of constantly discussing his identity or disappearance.

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October 25, 2024, 04:50:15 PM
 #107

The only big enemy of Satoshi Nakamoto is the government that rejects bitcoin and they think that the presence of bitcoin can kill the previous financial system. In fact, that does not happen because fiat is still quite needed by the wider community in this world and the presence of bitcoin is actually an alternative not a competitor as most bitcoin haters say. We need an alternative to maintain the value of the currency we have, so the presence of bitcoin is the right solution because bitcoin can maintain the value of the assets we store.
Bitcoin haters still don't want to understand Bitcoin as an alternative in maintaining the value of assets because they still think that Bitcoin is a fairly real competitor to all fiats in this world. People who think like that will continue to put their bad ideas into the minds of the government so that the government can also join in their ideas by not liking Bitcoin other than fiat. I still can't understand people who still hate Bitcoin like that even though there is a lot of evidence that they can see in Bitcoin that the presence of Bitcoin within the scope of everyone can at least help them in maintaining the value of their own assets which will not be eroded by a certain level of inflation as is felt by all fiats today.

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October 25, 2024, 05:00:38 PM
 #108

Bitcoin only enemy is greed.
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October 25, 2024, 05:14:10 PM
 #109

Very well said and thus is why the reasons for anonymity is beneficial as it protects the privacy  of Bitcoin, like they say over curiosity killed the cats so anyone making an attempt to reveal or wanting to know the real face of Satoshi's is a reputable decisions because instead of tarnishing the image of Bitcoin it'll definitely rise above dip and make everyone to see it's main usage and importance so the real enemy of Bitcoin is not Satoshi or the fact that he's anonymous.
The only big enemy of Satoshi Nakamoto is the government that rejects bitcoin and they think that the presence of bitcoin can kill the previous financial system. In fact, that does not happen because fiat is still quite needed by the wider community in this world and the presence of bitcoin is actually an alternative not a competitor as most bitcoin haters say. We need an alternative to maintain the value of the currency we have, so the presence of bitcoin is the right solution because bitcoin can maintain the value of the assets we store.

No one has been able to reveal the identity of Satoshi Nakamoto until now, so discussing this issue will only take up unnecessary time. Let's just say it's a conspiracy that doesn't allow his identity to be revealed to the public so we don't have to worry about getting involved with Satoshi Nakamoto's enemies.
I don't know if we still have anyone openly this days again because it has been long I saw anyone be a the government or individual that came up to say things against bitcoin. Even the governments now has diverted their attentions to centralised exchanges. And they are trying to regulate the trading process of exchanges. I don't know if the World Bank and IMF also support bitcoin and I don't think they will support bitcoin because they banks from the capitalist who are ready to exploit the weaker countries economy. But I have not heard anything from them as well. Government anger on bitcoin has reduced but on the exchanges now.

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October 25, 2024, 07:27:14 PM
 #110

The only big enemy of Satoshi Nakamoto is the government that rejects bitcoin and they think that the presence of bitcoin can kill the previous financial system. In fact, that does not happen because fiat is still quite needed by the wider community in this world and the presence of bitcoin is actually an alternative not a competitor as most bitcoin haters say. We need an alternative to maintain the value of the currency we have, so the presence of bitcoin is the right solution because bitcoin can maintain the value of the assets we store.
Bitcoin haters still don't want to understand Bitcoin as an alternative in maintaining the value of assets because they still think that Bitcoin is a fairly real competitor to all fiats in this world. People who think like that will continue to put their bad ideas into the minds of the government so that the government can also join in their ideas by not liking Bitcoin other than fiat. I still can't understand people who still hate Bitcoin like that even though there is a lot of evidence that they can see in Bitcoin that the presence of Bitcoin within the scope of everyone can at least help them in maintaining the value of their own assets which will not be eroded by a certain level of inflation as is felt by all fiats today.
That's right. Actually, Bitcoin haters are because they don't fully understand the benefits of Bitcoin. In fact, Bitcoin exists because at that time the government massively increased the supply of fiat money, and every time money circulates in large amounts it will indirectly cause inflation. This is the core of why Bitcoin can save us from various uncertain economies.

It is no wonder that until now Bitcoin's biggest enemy is the government. The reason is quite clear, the government will continue to try hard to prevent people from using Bitcoin, because it will weaken their authority. In the past, it was almost impossible for ordinary people to avoid the impact of bad government policies, even though they indirectly forced us to follow their will. However, since Bitcoin was born with sophisticated innovation and technology, many people have more autonomy over their personal finances, and Bitcoin has become a valuable asset for the long term.

 
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October 26, 2024, 10:51:44 AM
 #111

That was true in the past, but not anymore because as we see, many governments have gradually legalized bitcoin and become friendly to it, there are not many countries that hate bitcoin anymore. Also, it's not entirely their fault that the government hates bitcoin, it's partly our fault for spreading the message that bitcoin was created to replace fiat and beat the banks...We have contributed to the spread of these misconceptions, making the misunderstanding even greater.
But fortunately, the misunderstanding was cleared up and things are getting better.
You are right and I also mentioned for some governments not all because now there are many governments that have accepted bitcoin as an investment asset. It is typical of people to overdo it by spreading hatred towards bitcoin as a replacement for fiat and in fact the two go hand in hand for now. Our job is not to compare bitcoin with fiat in a competitive capacity because that is not necessary because we need bitcoin as an alternative.

I think this is not only a waste of time but also shows a lack of respect for him. He decided to remain anonymous for his own reasons and we should respect his decision instead of constantly discussing his identity or disappearance.
It is better to forget about the issue and not to search too far because we will not be able to reveal his identity anyway. Let everything run anonymously so that the level of comfort and security is much more guaranteed.


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October 26, 2024, 11:37:33 AM
 #112

Trying to uncover who Satoshi Nakamoto is really undermines the spirit of Bitcoin's decentralization. For me, true enthusiasts should focus on what this technology has to offer. Revealing Satoshi could lead to regulatory pressures and compromise the privacy that many of us value. Ultimately, the mystery around Satoshi is a bit like wanting to dig up the creator of a revolutionary movement. What truly matters is the vision and impact it has on our financial freedom. Let's not allow this quest to distract us from the main goal: making Bitcoin a genuine tool for emancipation.
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October 28, 2024, 02:00:22 PM
 #113

Bitcoin's privacy has nothing to do with Satoshi's identity. Because, we all know Bitcoin is decentralized so it has no head or center. Satoshi's identity will not change the price or position of Bitcoin. However, trying to find Satoshi is something many people have been doing for years. Because, people are naturally curious about who created this technology. Some people will say that Satoshi hid his identity because he secretly wanted to control Bitcoin. But I want to say that nothing in the world is created by itself. Someone's hand is behind it. But the one we know as Satoshi disappeared somewhere after 2011. He is believed to have passed on to the afterlife. After 2011, today is 2024, more than 1 era, Bitcoin comes into circulation among all of us. And whose man is increasing day by day.

However, does Satoshi have any enemies?
We think that his main enemies are the banks and the government. But not so. He created Bitcoin as an alternative, not a replacement for fiat and banks, so it cannot be said that he sees banks and governments as enemies. Maybe he is not happy to depend on them too much and Bitcoin was created to reduce the dependence on them, I believe he has no desire to go against the banks and the government. (Dude, I totally agree with what you say)

What privacy? Bitcoin by itself is pseudonymous. Everything you do on the Blockchain can be seen by anyone with a block explorer. If someone manages to link your address to your identity, you'll be nothing but doomed. Satoshi's identity doesn't have to do anything with the way Bitcoin was designed, though. He decided to remain anonymous to help protect Bitcoin. Satoshi knew governments weren't going to treat BTC nicely, especially when it was created as an alternative to Fiat. Knowing who Satoshi was, would give them the ability to force him to shut Bitcoin down or even compromise it. At least in the early days.

Now that Bitcoin is too widespread around the world, revealing Satoshi's identity would have no effect over the long-term survival of the project. Let the media keep guessing the identity of Satoshi. I'm sure they will never find him. At this point, it's safe to say "We're all Satoshi". Am I right? Cheesy

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October 28, 2024, 04:10:16 PM
 #114

Bitcoin haters still don't want to understand Bitcoin as an alternative in maintaining the value of assets because they still think that Bitcoin is a fairly real competitor to all fiats in this world. People who think like that will continue to put their bad ideas into the minds of the government so that the government can also join in their ideas by not liking Bitcoin other than fiat. I still can't understand people who still hate Bitcoin like that even though there is a lot of evidence that they can see in Bitcoin that the presence of Bitcoin within the scope of everyone can at least help them in maintaining the value of their own assets which will not be eroded by a certain level of inflation as is felt by all fiats today.

I learned something when it comes to bitcoin and telling people about it, the majority of people that do bitcoin can read and write, so it has told you the important things, it is now the person's choice to decide if they want to invest or not because forcing them will only get you blamed even for trying to help them, it's a lot trying to bring them in and no matter what explanation you give to some people, they will never listen to you, so it is better to allow them decide what exactly they want.

Both they and the government's opinions are irrelevant, and they cannot halt the operation of bitcoin because they have tried it and it does not work. There are people who want the government to ban bitcoin, and their countries to declare bitcoin illegal, while others are legal and even serve as legal tender how everyone accepts it is up to them. Some people just talk without making any sense they should take a look at countries like El Salvador thay invested in bitcoin then they will have the chance to condemn bitcoin.

Trying to maintain your value is simply unreasonable given how inflation is affecting the situation on the ground. Instead of increasing in something that actually increases in value, they are busy putting their faith in money.


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October 28, 2024, 04:22:25 PM
 #115

They probably digging for the inventor since they haven't made success in destroying the invention with their propagandas and theories. But I am unsure about the identity of Satoshi having any negative effects on bitcoin since its a decentralised currency. Maybe they should just place a bounty on Satoshi's head  it could save them some stress. Lol.

I do believe that Satoshi's disappearance is a one kind of sacrifice he foresaw as only means to get his invention get that widespread adoption beyond anything that could have been possible of he was to be revealed. And it's just a shame to see that there are persons out there who care more about revealing his identity than getting to make good use of his invention (bitcoin) to grow wealth and have their privacy protected as well.




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October 28, 2024, 04:48:15 PM
 #116

Trying to uncover who Satoshi Nakamoto is really undermines the spirit of Bitcoin's decentralization. For me, true enthusiasts should focus on what this technology has to offer. Revealing Satoshi could lead to regulatory pressures and compromise the privacy that many of us value. Ultimately, the mystery around Satoshi is a bit like wanting to dig up the creator of a revolutionary movement. What truly matters is the vision and impact it has on our financial freedom. Let's not allow this quest to distract us from the main goal: making Bitcoin a genuine tool for emancipation.

That's what they want as the only intention for this attempt at revealing Satoshi Nakamoto identity is to spoil what we have with nobody knowing the identity of him or them. They want us to know him so we don't like Bitcoin again as when we get to know the creator, we might begin to think Bitcoin isn't really what it is but an attempt by the creator to destroy the US dollars. The nationally of Satoshi will also make us to not believe in Bitcoin again but as nobody knows where Satoshi is from, we can't let our mind detect for us whether we're going to believe in the vision of Bitcoin. We shouldn't be distracted by this documentary and focus on investing in Bitcoin.

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October 28, 2024, 05:23:48 PM
 #117

Honestly, worrying about who Satoshi is is just a distraction. What really matters is the technology and the idea behind Bitcoin. Instead of wondering who he is, I think we should focus on what makes Bitcoin great: revealing his identity could get us into trouble with governments. What matters most is strengthening the network and helping those who really want to understand this stuff.
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October 29, 2024, 02:09:53 AM
 #118

I see those who are desperate to know who Satoshi is and to reveal his identity as the real enemy of bitcoin. Real bitcoiners don't have that time to go for a search to know who Satoshi is. Bitcoiner are much interested to invest bitcoin and they understand what privacy is all about. What will be the gain if you reveal who Satoshi is? It means you want the privacy of bitcoin to be reveal too.
You are wrong to say those who are looking for Satoshi are the real enemies of him/them, the only issue I have with them is how they are now making enough money and fame from it. For me, Satoshi is a hero, he should come and take his rightful position as the creator of Bitcoin and pioneer of the cryptocurrency. These are honours and not otherwise, so why did you call those who are trying to unlock his/their identity the enemy of Bitcoin? In the end, if Satoshi is revealed, I am sure that he will be celebrated.

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October 29, 2024, 05:55:22 AM
 #119

I see those who are desperate to know who Satoshi is and to reveal his identity as the real enemy of bitcoin. Real bitcoiners don't have that time to go for a search to know who Satoshi is. Bitcoiner are much interested to invest bitcoin and they understand what privacy is all about. What will be the gain if you reveal who Satoshi is? It means you want the privacy of bitcoin to be reveal too.

The Bitcoin whitepaper and the protocol are publicly available and totally transparent. What kind of "privacy of Bitcoin" are you talking about?
Maybe you should learn more about Bitcoin Core and blockchain technology, before making ignorant posts on the forum.
Revealing Satoshi's identity won't do any harm to the Bitcoin community or the blockchain. Satoshi doesn't have control over Bitcoin and the BTC blockchain.
The real enemy of Bitcoin are the central banks and the governments. Investigative journalists, who are interested in revealing Satoshi's identity shouldn't be considered enemies of Bitcoin.

 
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October 29, 2024, 06:41:48 AM
 #120

Honestly, worrying about who Satoshi is is just a distraction. What really matters is the technology and the idea behind Bitcoin. Instead of wondering who he is, I think we should focus on what makes Bitcoin great: revealing his identity could get us into trouble with governments. What matters most is strengthening the network and helping those who really want to understand this stuff.
I also don't understand why there is such close attention to the personality of Satoshi Nakamoto. I don't give a damn who he (they) is. I am interested in the blockchain technology itself and its derivatives. I like to watch how countries react to it and what they do. This is really something that should be followed very closely. And why? The thing is that there has never been a single case before when an alternative to the modern financial system appeared. This is a real challenge that can change the course of history once and for all.

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