Post
Topic
Board Archival
Re: The Founder of Bitcoin
by
Fire316
on 25/09/2018, 21:39:02 UTC
Many believed that the inventor of Bitcoin wants to remain anonymous to avoid legal consequences as what happened during 2007 about E-Gold, one of the first digital money (Bernard, 2017). On the other hand, I think it would be better if the founder of Bitcoin will reveal his identity since many countries recognized the essence of this cryptocurrency.

If this might happen, it will contribute for more development of digital currency and regulations in Bitcoin procedures. Also, the acknowledgement must be given for the person who invented the most efficient digital currency in our society.

What are your thoughts?

    Satoshi Nakamoto made bitcoin as anonymous for the security of everyone including himself. There is no need to reveal his identity because everyone is already happy and benefited with the digital currency created by that person. Let us alsi think the possible to happen if ever the founder of bitcoin will reveal his identity. It will have a good and bad effect both to the founder and the users of bitcoin.