Post
Topic
Board Economics
Re: Have Satoshi dream failed?
by
Hamphser
on 11/12/2022, 19:46:06 UTC
Satoshi's dream is still alive and It is fighting with the imposition of CBDC for compulsory use by all and the abolition of cash. It is the only way to escape the current financial system and central banks that is why they want to control Bitcoin price and with attempts to ban it.
Not like this is Satoshi Nakamoto's dream in creating bitcoin, there is no concept of Bitcoin development that was carried out by Satoshi to eliminate the function of fiat currency, I have almost never encountered this concept in the current journey of bitcoin.

Because the realm of taxation is the jurisdiction of various countries, although there are certain countries that are free from the use of taxes or smaller in number. If you consider Satoshi's dream to be a failure, then at this point we will never see bitcoin again, the tax has no direct relationship with the bitcoin link as stated by the OP. While it is true that as a rule trying to control bitcoin by trying to ban it, that also does not stop bitcoin, because the freedom that people expect is within the realm of the Bitcoin concept.
Well said. Also, taxations would only be done through third party wallets or banks such that if you would put an amount questionnable (have experienced that one) but there's no way they could trace all of your assets given that this industry is decentralized. Regarding satoshi's dream, who mentioned it given that we don't even know who he really is? These are just mere assumptions by most of us since this industry speaks for currency, then it is not surprising that people like us are assuming that the goal of this technology is to 'surpass' fiat currency. Unfortunately, things win't work that way. So for the meantime, we should atleast make use of this technology by means of investment.
If we do simply tend to look at on the white paper of Bitcoin then it is really intended nor being created to be freed and able to avoid that 3rd party transactions which we've seen that it did really successfully

been recognized by the community or simply by the world.Recognition level might not really be still on the state where it is really that on huge scale but we are still existing on decades time
which means that there's still lots of rooms for this thing to go over or even been known.As long Bitcoin still have that demand then its not considered to be a failure of Satoshi.
Its true that we dont even know on who he is, whether he's an individual or a group of people.One things for sure that it did really give out that revolutionary thing that
gives us that freedom from full centralization and this is why it is really getting that soo much attention and demand.