How would Bitcoin be different if Satoshi Nakamoto's true identity was known?
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444 sats \ 0 replies \ @SwearyDoctor 14 Feb 2024
You know, sometimes I get suspicious about how TOO perfect all of this is.
A truly non-corporate network that can't be bought or swallowed up, as there's no foundation, no legal ownership, no center any state can get to. (This is the real reason why shitcoins are shitcoins.)
An anonymous founder with value-destroying numbers of early (then worthless) coins, but who diessappeared, possibly dead, with the faith that these coins will never move. Nobody to pressure, nobody to abduct, nobody to throw in prison until he relents, nobody to steal from.
A code so perfect that -anticipated- all the things to come at seemingly magical premonition, that even with global commodity status, everything still works.
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16 sats \ 0 replies \ @UCantDoThatDotRugged 14 Feb 2024
Being anonymous decreases the number who would dismiss based on personality rather than fundamental value. Unlikely that Satoshi's coins, worth billions or trillions, would be used for some reason other than personal gain. Being around since the beginning allowed stacking even more coin than that at low cost, that stack might even be used for good, like to help if mining incentives aren't ideal after last halving, or to distribute evenly to all open wallets, or to fund a balancing bot to stabilize price.
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8 sats \ 0 replies \ @ama 14 Feb 2024
It depends on what they would be doing.
If they'd be doing like Charlee Lee, probably yes, pretty similar, I think.
If they'd be acting as an imbecile, like Butter-In, no, it wouldn't at all.
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