Maybe it isn’t in exact but, it’s very much in line with what should have been. That Satoshi Nakamoto created bitcoin doesn’t mean the currency would be finite about his purpose for the coin. Can’t say the coin have shifted that much in purpose but rather, gained a life of its own that would ensure the 21million coins could serve an enabled world population with regards to adopters.

If we are to have price to be stable today and with the lost of adopters that comes pouring in everyday,
Don’t you think there wouldn’t be enough to go round? That would be the case and this would very much limit bitcoin to be a currency of the few which would in turn, cause a shift to altcoins for those who would be eager to use cryptocurrency.

For this reasons, bitcoin has gained a life of its own to adjust and suit purposes even before they are known.
I think the pride for Satoshi Nakamoto at the moment would be that, the creators creation has gained a life of its own in order to be sustainable.

Bitcoin itself didn't change much after Satoshi left, but Bitcoin community sure did. When he was active on the forum, the members were very enthusiastic about Bitcoin use, cypherpunk, financial revoulation. These days the users are mostly talking about the price, and even if they talk about how fiat currency is bad, it's only to justify being bullish on Bitcoin.

Satoshi impresses me as somebody who is more open-minded and tolerant than many of his/her/their followers now. Satoshi might not agree with certain opinions on the growth or fate of Bitcoin, but he/she/they will probably take them into serious consideration and might even suggest a fair compromise or common ground. It seems to me Satoshi won't outright dismiss the innovative ideas of others simply because they don't conform with his/hers/theirs.

Bitcoin was more exploratory than a final output. Bitcoin is still in beta until now. Before Bitcoin was launched, he/she/they let others scrutinize the idea and/or work. Satoshi reached out to certain personalities and was in close collaboration with them.

What I'm saying is that Satoshi won't probably rebuke or insult others for appreciating Bitcoin differently. There might be certain principles that Satoshi won't ever compromise, but the approach might not be the kind that many of us receive from some Bitcoin fanatics.

In essence, this is true. That Satoshi created Bitcoin with the aim of being used as a digital-based transaction tool (P2P). However, if all this time Bitcoin only offered this feature (P2P), I'm sure Bitcoin would not be as famous as it is now. Because it cannot be denied that the attraction of bitcoin for investors is the potential for very high price increases and also the excellent storage of value. So for me personally this is not a problem. Because in my opinion, Satoshi will not question the reality of what is happening with Bitcoin today, the most important thing is that Bitcoin can be useful for many people, and has become an excellent example of a decentralized system. Because the reality is that currently bitcoin is more widely used as an investment asset, compared to P2P. But in my opinion this is also the way to the goal of satoshi, namely P2P. Because thanks to Bitcoin being used as an investment asset and also as a store of value, this makes Bitcoin increasingly popular among the public.

If you say it's completely wrong, I don't think it's true. Because in essence Satoshi created Bitcoin with the aim of creating a better financial system than the traditional money financial system.
Apart from that, currently quite a lot of bitcoin users use it as a medium of exchange (P2P), for example in El Salvador. There, Bitcoin is officially and legally used as a means of payment transactions.

And if, for example, bitcoin is currently only used as a digital transaction tool, it is important to remember that there are still many countries in the world that do not yet allow their citizens to use bitcoin as a transaction or P2P tool. So Bitcoin's challenge to realize its main vision is still very long. Therefore, although Bitcoin is used today, it does not yet conform to Satoshi's vision. But in my personal opinion this cannot be said to be wrong. Because even so, with the existence of bitcoin, many people, especially investors in bitcoin, know what is called decentralization, an asset that is very transparent, and can be managed independently by each investor.

Probably if Satoshi were still alive now he would drink coffee and watch the news about crypto every day and sometimes he laugh.


To be honest I think this would be one reason people joining Bitcoin "to get profit " from it. BlackRock and other asset management will say the same or look the same.

For now, there is article that talk about Bitcoin transaction "Bitcoin, contrary to popular belief, is traceable. While your identity is not directly linked to your Bitcoin address, all transactions are public and recorded on the blockchain. So, while your name is not attached to your address, your address is attached to your transaction history." - https://originstamp.com/blog/how-to-trace-bitcoin-transactions/

So if you address related to any CeX or you buy it from real life person I do believe is still tracable. and there is company like ARKHAM that are trying to DEANONYMIZING THE BLOCKCHAIN - https://www.arkhamintelligence.com/

and the other hand bitcoin block cant use for everyday payments unless you are using layer 2 like lightning in my opinion

I don’t think he would think negatively about it. I reached the goal that he set out to achieve pretty much. Remember those hashrate wars and how many miners were mining at a loss? It proves how resilient the network was during times of chaos.

Globally it’s pretty much accepted by regulations with KYC, he would have to accept that this was going to happen anyways. You can’t have anything survive in any developed countries without some form of government regulation. So I think he would be proud of what it has become.

We wouldn't know what Satoshi would say if he were on this forum. But he is certainly happy to see that Bitcoin has grown rapidly in just a short time. Whether Bitcoin has become a peer to peer digital currency or a store of value, it will go that way. It needs government approval to become a digital currency, and we cannot avoid it.

That's why Bitcoin has now "looks" become centralized but Bitcoin is not connected to any entity. Bitcoin still stands alone without anyone being able to control it. They are the ones who control price movements. However, Bitcoin has become a digital currency in online shops that accept Bitcoin payments.

However, people are currently using Bitcoin as a store of value because they couldn't accumulate much of it in the early days of it.

With all due respect to Satoshi, I think that bitcoin has grown beyond what his original plans might be, because millions of people with different ideologies have adopted it. The only constant thing in life is change, therefore, bitcoin being decentralized will mean that majority of people that holds it will influence how it is used. Satoshi, has to accept what bitcoin is today, because the geometrical increase in the number of people that are adopting the coin everyday is based on the fact that they can earn  from it. People capitalize on things that will reward them financially, so focusing on bitcoin more as an investment, rather than on P2P is no surprising.  

Satoshi created bitcoin to become a peer-to-peer currency, but today, bitcoin is being used by us as a speculative tool to make profits. I don't think he would have been very happy to have been alive to see what was going on.  but I agree with you, although many people are making bitcoin more centralized by using centralized exchanges, custodial wallets but bitcoin will not lose its decentralized nature just because of a few parts that small.

Thank you all for your replies, I can't seem to reply all of you one by one hence I'm a newbie it will take forever.

To add on the thread;

I agree with most of you on Satoshi's brilliance and forseeing on the future. He would have thought every scenerio that could happen to bitcoin. One thing I want to add is that no one would have known how big will Bitcoin be, however Satoshi created and implemented every thing just in case.

- We all know Bitcoin's true goal was adoption as many of you have said, but in what way; I still don't believe it became the Bitcoin that Satoshi visionized, maybe not the technology but the community is far far away from the initial days cypherpunk era.

Although I have missed my opportunity on BTC by selling them early, I don't believe owning *** BTC's is the goal here unlike the people the new bull season has brought. I believe Satoshi not only created Bitcoin, but created a new form of thinking, decentralisation. Some people think he is dead some people think he is alive. I also have high belief on Hal but this is off topic so I'm not going into it. All I know is that the day Satoshi dissappeared off this earth, BTC became alive as never before; %100 percent decentralised and community driven. And most importantly here to stay for a long time. Who knows, maybe this was the master's plan all along.


Thanks for reading, as always.

With respect,

PS: Thanks for the merits NotATether! You made my week!
Tetaeridanus✨