Post
Topic
Board Trading Discussion
Re: What possible reasons made Satoshi bow out from the crypto scene??
by
Minecache
on 24/10/2022, 08:57:35 UTC
What possible reasons made Satoshi bow out from the crypto scene?

Satoshi being an individual or a group is still uncertain whether he is a male or female none can tell. But at least there was a kind of communication with the public before Satoshi bowed out from the crypto scene, this action added to the identity controversy that was already existing. Now the question is what might have been the possible reasons for bowing out?

Some say i was for security reasons as Government might track him down as seen today how cryptos are being opposed.

What reason do you think might have really caused his action?

The purpose of bitcoin is to create a decentralized monetary system that is not controlled by anyone including the government, this alone is enough to understand bitcoin as a threat to the banking system. In order for everything to be perfect and not to have any problems later, satoshi chose to hide forever. Maybe he foresaw this and can now see bitcoins getting bigger and bigger and obviously a lot of governments don't like this, if he wasn't anonymous it would be big trouble for him now. That was my thought.