It's now 10 years since Bitcoin was created, yet many people are wondering who Satoshi Nakamoto might be. It's still today, where the creator of Bitcoin has hidden his/her identity well from the general public. All attempts in finding who created the world's most popular cryptocurrency have failed so far. But we all know that there's no such thing as 100% anonymity. A slight error in covering tracks, could expose your identity within the mainstream world.
Now, imagine if the real Satoshi's identity is found. If he/she is still alive, governments would be on his/her tail to put him/her in jail or even pay a hefty sum of taxes. Once this happens, Bitcoin might fail within the mainstream world. Of course, the community is what makes Bitcoin great. But I'm sure that the reveal of Satoshi's identity will have an influence (either positive or negative) over the cryptocurrency's price and reputation worldwide.
What are the odds of Bitcoin's survival once Satoshi is found? Will it continue to operate as is? Or will it fail in the long run?
Now, imagine if the real Satoshi's identity is found. If he/she is still alive, governments would be on his/her tail to put him/her in jail or even pay a hefty sum of taxes. Once this happens, Bitcoin might fail within the mainstream world. Of course, the community is what makes Bitcoin great. But I'm sure that the reveal of Satoshi's identity will have an influence (either positive or negative) over the cryptocurrency's price and reputation worldwide.
What are the odds of Bitcoin's survival once Satoshi is found? Will it continue to operate as is? Or will it fail in the long run?
Put him on jail for what crime? impose a penalty for something that he is not yet using or doing, and what government is going to prosecute him, when do not even know his nationality and we don't have any idea if he is an individual or a group of people, even if he is found or even if he is not around, Bitcoin will continue to exist and adopted so far nothing can stop it.
It has been too long for Satoshi to be identified. However, if this happens, it will not noticeably affect the price of bitcoin and other cryptocurrencies. The cryptocurrency is already managed by society and the name of the creator of bitcoin will have little effect on the running process of cryptocurrency development.