Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,220,971 members, 8,047,218 topics. Date: Wednesday, 08 January 2025 at 06:11 AM |
Nairaland Forum / Nairaland / General / Business / Why Satoshi Nakamoto Doesn’t Want People To Know Him (562 Views)
New Android Mining App To Earn Core And BTC (satoshi) / Satoshi Nakamoto The Creator Of Bitcoin Revealed / Who Is Satoshi Nakamoto? (2) (3) (4)
Why Satoshi Nakamoto Doesn’t Want People To Know Him by ItuExchange(m): 3:35am On May 26, 2018 |
Why doesn't Satoshi Nakamoto, the founder of Bitcoin, want to reveal his identity? To understand this you have to understand why Bitcoin was created. Earlier attempts to create a digital currency called E-gold (1996–2008) had failed in spite of great interest because it was a centralized service with known creators. Depending on licenses that would never be given this service became the target of criminal investigations. In 2008 Satoshi Nakamoto had written in The Cryptography Mailing List: “Governments are good at cutting off the heads of centrally controlled networks like Napster, but pure P2P networks like Gnutella and Tor seem to be holding their own..” - Satoshi Nakamoto Institute His intention was to undermine the monopoly of governments and banks. Anonymity made sense back then and even more when Bitcoin became a success. Exposing the creator(s) would take away its mythical crypto-anarchist roots. Sending the makers to jail or taxing them into bankruptcy would be a powerful statement to enforce the rule of the financial establishment. A threat to be taken serious. Source: https://www.quora.com/Why-doesnt-Satoshi-Nakamoto-the-founder-of-Bitcoin-want-to-reveal-his-identity Perfect Money/Payeer/Epay/Neteller/Skrill: Itu Global 1 Like |
Re: Why Satoshi Nakamoto Doesn’t Want People To Know Him by greatnaija01: 4:52am On May 26, 2018 |
bitcoin was what we use in Darkweb back then.... it started from there. |
Re: Why Satoshi Nakamoto Doesn’t Want People To Know Him by BizLifeE: 5:11am On May 27, 2018 |
Nakamoto, I wonder if that is an individual or an anonymous group. 1 Like |
(1) (Reply)
NNPC Plans Strategies To Stay In Business / World Trade Summit And Expo / Exclusive Pros: Mini Importation Masterclass!!!
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2025 Oluwaseun Osewa. All rights reserved. See How To Advertise. 7 |