Post
Topic
Board Bitcoin Discussion
Re: Myth vs Facts and My Assumptions about Bitcoin
by
Groundbit
on 24/01/2022, 05:44:21 UTC
Quite interesting information, After reading the entire contents of this topic suddenly a question arose in my heart. What if satoshi appears again and what will happen.

Satoshi is unlikely to be able to take a back control of Bitcoin ongoing development.

At the beginning of the emergence of Bitcoin in 2008-2009, there was a stir because it was a mystery who was actually the person behind the creation of Bitcoin.?
To this day it is not clear who the creator of Bitcoin is, The public only knows that the pseudonym used is Satoshi Nakamoto.
If Satoshi wanted to reveal himself, I'm not sure if the idea will be wise and useful for Satoshi or Bitcoin. But I agree that if Satoshi is going to reveal himself publicly, Satoshi is unlikely to be able to take a back control of Bitcoin ongoing development.

My assumption: Bitcoin is decentralized enough to turn down Satoshi if he comes back. Bitcoin is enough, and it doesn't need a lot of derivative projects anymore. The support of countries that accept bitcoin such as El Salvador, the European Union, Australia, Canada, the United States and investors from foreign countries makes the development of bitcoin increasingly increasing.
Obviously Bitcoin does not need Satoshi presence, because without Satoshi Bitcoin can still grow, peaking on November 10, 2021 when other industries were sluggish, Bitcoin managed to hit a high (all-time high).