Post
Topic
Board Bitcoin Discussion
Re: Are You Satoshi Nakamoto?
by
Abiky
on 28/12/2024, 01:00:25 UTC
If you are Satoshi Nakamoto how would you fix today's current landscape?

What kind of question is that? Of course I'm Satoshi. In fact, we're all Satoshi. Each Bitcoiner becomes a part of the network. But if you're asking what I'd do if I was Satoshi, that's another story. I'd keep working on the project to make it as decentralized as possible.

How to fix today's current landscape you say? Easy. I'd devise a mechanism that would help prevent any single entity from "owning" a large portion of the circulating supply. An equitable distribution of BTC among peers. This eliminates the risk of centralization or the concentration of power among the wealthy. Giants like BlackRock, MicroStrategy, and even centralized exchanges won't be able to accumulate large portions of BTC and use that to manipulate the network to their own advantage. Bitcoin would be fairer than Fiat, and truly-unstoppable. But I'm afraid greed has taken over the minds of core Bitcoin developers (and retail investors, too). So they will carry on as usual without giving a damn about decentralization, and equitability. With the approval of spot Bitcoin ETFs and whatnot, I'd bet Satoshi is upset of the path his creation has taken. Don't you agree? Cheesy