RE: Satoshi Nakomoto Owns 1m Bitcoins, and Has The Potential To Become The Richest Man In The World

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Satoshi Nakomoto Owns 1m Bitcoins, and Has The Potential To Become The Richest Man In The World

in bitcoin •  7 years ago 

I personally am not so sure, if his goal is achieved the way he wants.

After all, the hashingpower of BTC is mostly centered around big companies.
The currencies are traded in centralized exchanges.
People take BTC as an object for speculation, not knowing any background (be it the technological or the philosophical one).

These are just some issues, a cypherpunk would most certainly not like about this. After all, trading government control for company control would be basically the same in this philosophy, I think.

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I agree, Bitcoin may not have turned out exactly as he may have envisioned. Nonethless, Bitcoin paved the way for the possibility of it being achieved. A good example would be Verge Currency

Hey again @randallmaller! I just posted a more in-depth post about Satoshi Nakamoto and I thought you might enjoy it!

Cheers!

The Chronicles of The Father of Blockchain : Satoshi Nakamoto [Deep Dive]