Satoshi’s Vision for Bitcoin Included Kill Switch

Bitcoin is valuable. This is why it could be lost to thieves. This happens most times because the owners were careless with their private keys or because criminals got it through other means.

It has become obvious that the inventor of Bitcoin, Nakamoto Satoshi was thinking of the possibility of adding a kill switch to Bitcoin. The idea was to make stolen bitcoin useless to the thief.

What More Bitcoin Features?

A tweet from an account named @NakamotoQuotes made it even more apparent that Satoshi thought of other features he wanted Bitcoin to have. According to the person behind the account, he wrote what he thought Nakamoto had in mind:

“Imagine if gold turns to lead when stolen, if the thief gives it back it turns to gold again”

– NakamotoQuotes

The tweet has the attention of many in the community who are wondering what the writer has in mind.

Satoshi's Vision for Bitcoin Included Kill Switch

Out of View

Satoshi disappeared from view after the basic code for Bitcoin had been developed leaving further work on the project with the community and other developers who contributed to later works on the code.

No one knows how far Bitcoin would have gone and what other features the coin would have had if Satoshi had continued as an active participant in its development up till now.

The tweet reflects a 2010 post by Satoshi himself when he elaborated on mutually satisfying escrow funded assignment. In the BTT post, he wrote:

“Imagine someone stole something from you. You can’t get it back, but if you could, if it had a kill switch that could be remote triggered, would you do it? Would it be a good thing for thieves to know that everything you own has a kill switch and if they steal it, it’ll be useless to them, although you still lose it too? If they give it back, you can re-activate it.”

No one knows who Satoshi is and he has carefully ended all communications linking him with the Bitcoin project. With his talents as an inventor, there is no way of knowing how far the cryptocurrency would have gone under his charge.

 

Zoran SpirkovskiZoran Spirkovski

Author: Zoran Spirkovski

Copywriter, Freelance Journalist, Blockchain Enthusiast. Writing about Crypto since 2016. Loves to travel and experience different cultures. Highly ambitious and with an ever-increasing attraction towards quality work, products, services, and experiences. You can find him on Telegram where he has been known to spend his time making friends, and doing business. @ZoranSpirkovski

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