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Re: The curious case of the forum member distrusting Satoshi
by
mikeywith
on 28/06/2020, 17:37:09 UTC
⭐ Merited by suchmoon (7) ,LoyceV (6)

I believe bitcoin has grown up so much to the extent that even satoshi can't do shit about it, 1m BTC is merely a 5%, people overreact to that amount for whatever reasons they see fit, but in reality a mediocre exchange like Huobi stores over a quarter of a million bitcoins in a single address , a few exchanges control a much larger amount of Bitcoin than satoshi and all other early-miners combined have, that poses a greater risk than Satoshi magically waking up and deciding to reveal himself.

What gives Bitcoin value are the people who believe in it, it's not the fastest to send, not the cheapest and doesn't even have the coolest logo but it survived all tests and it's only logical that it will continue to do so, Satoshi is now history and if he ever shows up and starts moving his coins we will most certainly have a nice dip (not as bad as most people think) which will be a great opportunity to accumulate more of it, what happens after that is most likely more growth and higher prices.

Satoshi is the US government, and we are all stupid to not believe otherwise, and who trusts the government

I tend to disagree to this conspiracy, because no government is smart enough to invent something like Bitcoin.