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Old 02-15-2021, 03:46 PM  
Paul
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Join Date: Nov 2002
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Quote:
Originally Posted by jscott View Post
Speculating about who Satoshi is does nobody any good. I think it was a group including (or one) some legendary dead guys. (DK/HF)
It's one of the most important questions (that supposedly) few if anyone knows the answer

Quote:
Originally Posted by jscott View Post
So you acknowledge Bitcoin is extremely powerful. So why would this "world gov" allow for a fair distribution, without premines, anyone can mine or buy it, how do you explain that?

Control, ownership, or centralization would be currency with premine, unfair distribution, marketing teams, etc (ie: 99.9% of altcoins)
I'll bite

Lets say China is behind the creation of Bitcoin, their long term goal is to replace USA as reserve currency of the world.

Could it be China? Perhaps!

Chinese mining pools control more than 60% of the Bitcoin network's collective hashrate

Bitcoin is a perfect creation for appealing to the greed of capitalism, we're very close to the point that Wallstreet and the big big money (could) be about to jump into Bitcoin.

We're not there yet but hyperbitcoinization could happen in the next 5 years if the current level of monetary currency debasement continues.

Bitcoin isn't far away from a market cap of 1 trillion dollars, in 5 of 10 years it could (possibly) rival gold in market capitalization.

It's just a theory but I don't think it's a bad one

Even with a market cap of $5 or $10 trillion, I don't think Bitcoin becomes a replacement for the dollar but it might be part of a basket of assets to replace the current status quo

Quote:
Originally Posted by jscott View Post
Those BTC never moved for any reason in 12yrs since creation, most likely satoshi is HF or DK or combo/team and they're both dead

Satoshi thought of everything so taking 5% of BTC to his grave was probably for a good reason, my theory would be to allow some level of uncertainty/unknown to give true believers in the technology a chance to accumulate.
I think the idea that Satoshi is an individual or part of a small team is a great little story but I don't think it belongs in reality, a bit like the QAnon stuff about how Donald Trump was playing 4D chess against the deep state, it's frankly ludicrous if you actually sit down and think about it for a moment
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