Post
Topic
Board Archival
Re: The Founder of Bitcoin
by
joebrook
on 29/09/2018, 16:03:27 UTC
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?
You're only looking at the bright side, you have to look at the cons too when someone like Satoshi suddenly reveals his/her/their identity. If Satoshi decides to show up, his life will be more riskier than usual knowing that he has a lot of Bitcoin in his wallet. This would put more pressure on Bitcoin now that people knows he's out there. Some could even hunt him down like the government and force him to do things that would destroy Bitcoin. It's best for him to not reveal his identity and if he wants to develop Bitcoin he could just use a different alias.
I bet that should he reveal himself, the country which he resides in would want to claim a lot of money from him because of taxation since he most definitely have a lot of Bitcoins in his wallet.