A friend of mine was of the opinion that the government cannot put an end to Bitcoin because it unfortunately cannot be traced to a particular person or organization which could be sued for bringing about the currency or Blockchain.
If this is true does it mean that the identification of Satoshi as a person or organization will pose a treat to the existence of Bitcoin or otherwise
Bitcoin is managed by the whole community and not Satoshi, who controls it, so if he is found and arrested by the government, then bitcoins will be affected, but they still cannot stop or get rid of bitcoins. I believe he decided to remain anonymous for his own safety and has nothing to do with bitcoin, as no one manages it.