Quote from: hd49728 on February 26, 2025, 02:11:03 PM

Governments want to do it but unfortunately they don't have power to do this.

They can easily kill altcoins but it's different with Bitcoin, as altcoins are vulnerable to government attacks and regulations because of their centralization and known founders. Bitcoin is oppositely, very decentralized, no founder known identically so that governments can not simply arrest the Bitcoin founder and make their job done easily.

We saw how Telegram was very privacy support but after arrest of their founder Pavel Durov in France, things changed entirely and very quickly.

Exactly. The part about altcoin founder's identities being known, greatly increases the risk of a single point of failure. You can see why governments managed to successfully jail Tornado Cash's developer (a supposedly decentralized mixing protocol). ETH, Solana, and a few others are also at risk. In the case of Bitcoin, nobody knows who created it. Thus, it'll be difficult (if not impossible) to enforce the rule of law. There's no one to hold accountable for his/her actions.

For Bitcoin's own good, I hope Satoshi's identity remains anonymous forever. At this point, the pioneer cryptocurrency is too big to fail. The network hashrate keeps rising, as well as, nodes supporting the Blockchain. The higher the hashrate, the more difficult and expensive it will be to perform a 51% attack (aka double spending attack). So just sit back and relax. There's nothing to worry about. Cheesy