Post
Topic
Board Economics
Re: Was Satoshi someone who lost everything in 2008 Market Crash?
by
Kemarit
on 16/05/2019, 05:55:24 UTC
Just came across this thought. We all know what happened after the housing debt bubble burst near 2008 which led to a global level depression in 2008 which really ruined lives of millions of people worldwide. It even raised some great question about fiat debt and it's working. Lots of people lost their jobs, houses and everything.

Another fact that Bitcoin was created right after one year in 2009. So do you think there is some chance that satoshi was someone who lost his everything in 2008 crash, his job, his assets and his house.

Brilliant mind like Satoshi would have prepare himself about the imminent crash. He has created bitcoin prior to the financial woes in 2008, but I'm sure he knows that something big is coming up that will affect us globally, so he is ready.

He was so frustrated with it that his trust on the fiat financial system completely broke. He was sick of government, sick of corporate and sick of banks because of which he thought of creating real money thus creating bitcoin over blockchain and completing it in the very next year. So that people don't lose their money just because of debt bubble

Exactly, that's why I said he has plans already. So he didn't lost, but rather see what's coming, so he is also not just a genius, but a visionary as well. And when we releases Bitcoin, we went hiding and disappear, not because he doesn't have any money or what, but he knows with his creation, something is going to change.