Post
Topic
Board Bitcoin Discussion
Re: Why some Bitcoin Community leaders are scared of Satoshi ?
by
fikrett
on 21/10/2024, 06:26:37 UTC
It seems that some Bitcoin community leaders are very scared of Satoshi Nakamoto.  They are trying their best to spread too much fud about Satoshi Nakamoto's identity revelation. They are trying to stop Satoshi Nakamoto to reveal his identity.  Do you think Satoshi Nakamoto is a threat to the privilege against the Bitcoin community leaders ?  

From what I see happening people aren't scared that Satoshi Nakamoto revelation is going to be a threat to the existence of Bitcoin but its his wellbeing that many people are more sacred about because we all know what the government are capable of doing just to destroy Bitcoin. They can use his capture to manipulate the price and use him to influence the market. It's best as nobody knows who he is then, when his identity gets reveal. Bitcoin is a decentralized currency that has no, known owner which is one of the things that's making Bitcoin become so successful, if it was taken away from Bitcoin, We might begin to see some reductions in the amount of people wanting to invest into Bitcoin because it will be looking like the government aren't involved in Bitcoin. With the revelation of Satoshi identity, things won't be as free as it's currently is because it'll be like people will be waiting on what Satoshi does to determine if the market will be bullish or they're going to sell.

I wouldn't say institutions wouldn't stop investing in BTC, rather, it would be Satoshi himself in danger here - no matter what he would say or have to say in some interviews, that wouldn't change BTC itself in the slightest, and the market could react to such news in different ways, not only with disbelief put onto the BTC investment-wise.