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-Sat...l-his-identity





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