Post
Topic
Board Bitcoin Discussion
Re: The real enemy of bitcoin
by
CoreDev
on 18/10/2024, 22:27:44 UTC
What will be the gain if you reveal who Satoshi is? It means you want the privacy of bitcoin to be reveal too.
What do you mean by 'the privacy of BTC', BTC is not a privacy coin, it is an open source project with a transparent blockchain, if Satoshi's identity is ever revealed, it will only affect the price of BTC, the network will function just fine. However, i agree with you that it is crazy if bitcoiners are trying to deanonymize another bitcoiner, Satoshi.
I want the mystery to be solved and I´m not afraid it will hurt Bitcoin. If, for an example, Adam Back is Satoshi and he dumps his 1 million or whatever coins the price will nosedive but I will buy the dip. I´m a long term investor and the price will climb back up and I´ll be rich when I retire.
I'm sorry but the mystery will not be solved, you can still buy BTC now or wait until this current cycle is over and buy BTC when we are in a bear market.
Yeah I hold 50% BTC and 50% USDC so I trade back and forth to keep it 50/50. BTC nosediving 90% would be awesome but sadly the mystery solving and dumping of the Satoshi tokens will probably not happen.