Post
Topic
Board Bitcoin Discussion
Re: Why doesn't Satoshi reveal their identity?
by
finaleshot2016
on 10/11/2024, 15:01:35 UTC
How does Satoshi's anonymity affect the trust of users and investors in the Bitcoin network? Can this anonymity be considered an asset or a drawback for the legitimacy of the cryptocurrency?
Satoshi’s anonymity is actually a bit of a double-edged sword when it comes to cryptocurrency. Being a decentralized and the abscence of Satoshi makes it more trusted by the public because it's unknown and it's not related to any politics.

Of course if a person who controls a crypto is with politics, it can affect it, their politics decision might affect the cryptocurrency that will make it very useless, not tradable and prone to market manipulation.

On the other hand, some people might feel uneasy about it. Not knowing Satoshi’s identity can raise questions about intentions, not fully trusting it because they might lose money. So yahh, Satoshi's anonymity is a huge part for the crypto community.