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by bobwaycott
3701 days ago
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Okay, so this is kind of what I've been assuming. So, why would discovering the real-life identity impact the exchange rate? What exactly would be different if Satoshi stepped out on an aircraft carrier with a big "Mission Accomplished" banner today? I find the philosophical argument fascinating. It's like a bunch of Antonin Scalias arguing about the need for a strict constructionist view of the Founder's vision, to then find a foothold for draping it around their own subjective views for legitimacy? I had no idea shit got this real in the Bitcoin world. |
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If we came to conclusion that Satoshi was a "I mined lots of early blocks who gave a really high block reward. And you all were all parts of this 'Ponzi scheme' which made me rich" kind of person - I can image quite well the consequences for the BTC exchange rate.
If we found out that Bitcoin was an experiment by some CS genius that got a little bit out of control in scope, the trust many have in the Bitcoin protocol (reflected by the exchange rate) would probably decrease, since people could conclude that Bitcoin wasn't as thought-through as many Bitcoin advocates want the world to believe.
On the other hand, if we concluded that Satoshi was some computer scientist whose expertise simply rather lies in cryptography and who secluded himself from Bitcoin simply for the reason that he knows that the next steps will need an expert for scaling of systems for which he will be no help, but he is sure the further development of Bitcoin is in good hand, this would probably increase the trust people have in Bitcoin and thus increase the exchange rate.
I could write down lots of other fictional examples, but I think the idea is clear.