Will Satoshi be happy about the idea of the government to adopt Bitcoin & using it as reserve?
Sincerely I have had this thought come to my mind few times and I wanted to put it up here today to see what fellow Bitcoinist thinks.
There are many more experience Bitcoinist here older than me in the game but for my best knowledge so far are in the quote down.
Creation of Bitcoin in 2009 was a direct response to the 2008 financial crisis, offering a decentralized alternative to traditional financial systems.
Launching bitcoin was to create a peer to peer payment system which would be way better than all the existing forms of payment methods.
The digital currency was intended to provide an alternative payment system that would operate free of central control but otherwise be used just like traditional currencies.
A decentralized form of digital cash that eliminates the need for traditional intermediaries like banks and governments.
Non of the above has yet compromised the concept of bitcoin being decentralized, source to store values and the alternative means of payments.
Infact, the blockchain is growing stronger and bitcoin is possing it potentials on regular basis and that is why it is seem too valuable and lucrative that governments and high institutions begining to adopt it for investment and economy reserve.
Now that financial institutions and government are becoming interested in Bitcoin, which we all know how this is going to look like on the future. They would want to take control. If Satoshi is still alive, how would he feel and what if he wakes up one day decides to do what I don't want to imagine about?
Even if you were in the position of Satoshi Nakamoto and you have such zeal for bitcoin, you would not expect the government to overlook it when it has potential valuables as it is today and then you think government would not want to hike it decentralization to be centralized were they would be in control of it just as the battle is today.
So Satoshi won't be surprised about the whole thing. Infact, he is happy bitcoin is doing so well that is why the governments are being interested at its regulations.
And on the Contrary, I have not heard of the mention of Satoshi's death to assume if he was alive to withness all that happening around the bitcoin indulge created. He lives as much bitcoin keep to exist because he has not been revealed from origin to say his absent of now signifies his death.