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Adam Back revealed that Satoshi Nakamoto chose to remain anonymous, possibly due to realizing that BTC would reform currency with extremely high risks

Sep 16, 2025 15:28:52

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ChainCatcher news, Blockstream co-founder and CEO Adam Back posted on the X platform stating that participating in providing privacy, anonymity, and untraceable funds in P2P networks carries operational risks for nodes. This risk can be traced back decades, and the risks for Bitcoin node operators are not new. Although the risks of Bitcoin are somewhat lower than those of file sharing, as untraceable cash and hard currency, the risks Bitcoin has faced are clearly much higher, because BTC is reforming currency; after all, the risk of separating currency from the state is greater.

Although some countries are gradually accepting Bitcoin today and related regulations are becoming more open, in certain countries it still remains in a gray area or illegal status. Therefore, even core developers may face significant risks from early exposure of their identities. It makes sense that Satoshi Nakamoto recognized this risk, which is why he chose to remain anonymous when issuing Bitcoin.

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