Satoshi Nakamoto - The God of Crypto
We all know about the legendary year 2008 when Satoshi Nakamoto presented a whitepaper online about Bitcoin and Blockchain Technology. Again after publishing of this whitepaper Bitcoin's first network got implemented in the year 2009. At that time very few people knew about this revolution and much of them never thought of how big deal this can be.
Why to call Satoshi, A Crypto God?
Satoshi Nakamoto has been active in Bitcoin community since 2008 to 2011, working with many other developers to make this network strong enough, to make people believe in this and start Bitcoin mining. Suddenly after everything pretty much already got in place, Satoshi got disappeared no forum postings or any replies at all even the developers he worked with and stayed in touch never actually get to meet or have seen his face.
We still don't know if Satoshi Nakamoto is a person or a group of people as we are sure the name is just being used by someone not connected to a real identity.
Just like we believe in God. Satoshi came across provided us with this wonderful and genius invention of Blockchain. At the time when we started believing into this and started to know where to lead with this technology he completely disappeared.
I don't think it's wrong to call him a God because in many ways not only Bitcoin but the revolutionary Blockchain Technology is his Invention that we all are taking profit from.
Why to stay Anonymous?
There are couple of reasons we can think of that Satoshi Nakamoto Decided to stay anonymous and never came up front.
A. Threats of being known
We all know, how much potential blockchain technology has for us. This is just a start that we are experiencing right now. There's a saying "Big Powers Comes with Great Responsibilities".
There has been incidents where an Japanese-American was mistakenly identified as Satoshi Nakamoto because of the Similarity in name. As the news floats American government has turned his life upside down for being an accused, that they later found out he doesn't have anything to do with bitcoin or blockchain.
B. Direct Threat to Governments
Blockchain Technology is all about making everything decentralized and Satoshi started this with a currency. Governments, Banks and any kind of Financial Institutions doesn't want to loose control over us. From the past our governments have played us like puppets. Making changes into nations' laws destroying life of various people and even by controlling our funds by anytime taking money out from our bank accounts.
Satoshi has provided us a way to gain the control back which our governments have always been talking about but making us a fool by using the word Democracy.
Although, i don't know if any of you guys would agree to me but as far as i believe most of our governments are being played by the big industrial players. With the technology like Blockchain we get a chance to take the control back from some selective business tycoons.
Did Satoshi disappeared Empty Handed?
It's something which many people are not aware of. Satoshi Nakamoto's Last recorded bitcoins are over 1 Million. Which is about 5% of total bitcoins.
Whoever Satoshi Nakamoto is, a person or a group of people, the net worth at the time of this article is 6.9 Billion US Dollars. but if you think about USA which currently holds most of the gold in the world, USA government owns about 4.5% of that.
What do you guys think of Satoshi Nakamoto? Do you believe he should be called "The God of Crypto"?
Please let me know your thoughts in the comment section below.
Satoshi Nakamoto, whether he's an individual or a group of people I'm not quite sure. But one thing is certain, he revolutionized the world with the invention of Bitcoin and blockchain. Blockchain is a wonderful technology which gives internet users and businesses the ability to create value and authenticate digital information. This technology will definitely play a great role in determining how data is accessed in future, also many companies are exploring its potential and working on adopting it to run their businesses.
An example is Mastercard who recently announced that they are launching their own blockchain network to enable partner banks and merchants to make cross-border payments faster and more securely.
Satoshi is the savior of mankind, no more slaves, no more puppets, just equity among individuals.
there needs to be a movie on Satoshi @bunnychum
I know it would be mostly fiction but even so, what a story!!
Let me know your thoughts on my latest post re: Crypto Nights!!
Alex
It does not matter if Satoshi is just one person or a group of people, why? Because whatever they did after the financial crisis in 2008, the world is never the same..
Every creator can be dubed as God of what he created. Therefore, there is a reason to call him God of crypto, in my opinion.
@cloudspyder totally agree with you... For me he or they are indeed God of Crypto...
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@katesmith thank you :)
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