What would you ask Satoshi Nakamoto?
More than 10 years since the creation of Bitcoin (BTC), its creator pseudonym Satoshi Nakamoto remains a mystery. An inspirational figure for the crypto space, Cointelegraph asked Twitter what questions they would have for Nakamoto if they had the chance to talk.
From asking about his private keys and his thoughts on Bitcoin mining to conspiracy theories about artificial intelligence trying to take over humanity, community members shared their most colourful questions for the Bitcoin creator.
One Twitter user responded that he would have a conversation with Nakamoto on a range of topics, from economics to coding to his perspectives on the universe, life and health. The community member said that “a brilliant mind has to be heard about anything”.
Another community member brought up the topic of Bitcoin mining. The Twitter user said he would ask Nakamoto about his thoughts on alternative blockchains that consume less energy and whether he would consider it as a feasible replacement for Bitcoin. Meanwhile, another question asked about the BTC creator’s thoughts on his vision vis-à-vis the current state. It tweeted:
Whether the way Bitcoin is now is what he wanted it to be, or whether Bitcoin has lost its way.
One user brought up the issue of recovering lost Bitcoin. The Twitter user said he would ask Nakamoto if there is a way to recover all those lost BTC. In an earlier interview with Cointelegraph, Kim Grauer, an executive at analytics firm Chainalysis said that there are around 3.7 million BTC that have been lost. This amount of BTC is worth USD 75 billion, as of press time.
Many believe that Bitcoin is a hedge against inflation due to its inherent characteristic of having a limited supply. This may be why another response raised the question of the public’s understanding of money and scarcity. According to one community member, Nakamoto was asked if he had ever foreseen that the masses had little understanding of financial concepts and scarcity, suggesting that, if people understood this, they would turn to Bitcoin and abandon inflationary currencies.
As the Twitter thread received more responses, they started to become more creative and dystopian. One user wrote that he would ask Nakamoto if he is an artificial intelligence life form that teleported from the future to build a decentralised computing infrastructure and “take over humanity”.
Apart from these, one of the most frequently asked questions revolved around asking for the Bitcoin founder’s private keys. After all, Nakamoto’s wallet is believed to hold around 1.1 million BTC, which is worth USD 22.5 billion at the current market price and was worth USD 77.6 billion at the currency’s all-time high.
One of the most prominent cryptocurrency projects that has followed Bitcoin’s lead is the smart contract platform Ethereum. Its native token, Ether (ETH), is currently the second most valuable cryptocurrency in terms of market capitalisation. In July, Cointelegraph asked the community whether it believed ETH has a chance of ever overtaking BTC. While some believe that ETH has the potential to take the place as the leading exponent of the crypto sector, others believe that Bitcoin will remain the “king” and always will.
Source: Cointelegraph
Disclaimer: The information set out herein should not be taken as financial advice or investment recommendations. All investments and trading involve risk and it is the responsibility of each individual to do their due diligence before making any investment decision.