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Sunday, August 15, 2021

Why was Satoshi worried when Wikileaks brought attention to bitcoin?

WikiLeaks has kicked the hornet’s nest, and the swarm is headed towards us. [...] I make this appeal to WikiLeaks not to try to use Bitcoin.  Bitcoin is a small beta community in its infancy.  You would not stand to get more than pocket change, and the heat you would bring would likely destroy us at this stage.

-Satoshi Nakamoto

It seems he wasn't concerned about Wikileaks using Bitcoin, rather, he was concerned about Bitcoin becoming too popular too fast. I think it's very unusual that he was so concerned that he pleaded in such an emotional and direct way. The words "destroy us" implicates he feared governments banning bitcoin and/or feared personally getting arrested. As we all know, he disappeared from the public shortly after posting that.

I guess the question I ask is...why? Did he have something to hide in his private life unrelated to bitcoin and was afraid of being found out? Or did he really just think it would benefit Bitcoin from a legal perspective if adoption happened super, super slow?



Submitted August 14, 2021 at 05:27PM by ShotBot https://ift.tt/3sgJyOF https://ift.tt/2Z7cX2s

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