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Adam Back analyzes the reasons behind Satoshi Nakamoto’s anonymity: He realized that BTC would trigger currency reforms and bring huge personal risks
2hours ago

According to Odaily Planet Daily, Adam Back, an early promoter of Bitcoin and co-founder and CEO of Blocksteam, posted on the X platform that participating in P2P networks that provide privacy, anonymity, and bearer funds carries node operation risks that date back decades. The more services enabled on a node, the higher the risk to the service provider. Concerns about the risks faced by Bitcoin node operators are nothing new. While Bitcoin's risks are somewhat lower than file sharing, as bearer cash and hard currency, the risks faced by Bitcoin were clearly much higher. This is because BTC reformed currency, and separating currency from the state carries greater risks.

Although some countries are gradually accepting Bitcoin and related regulations are becoming more open, it is still in a gray area or illegal in some countries. Therefore, even core developers may face huge risks if their identities are exposed in the early stages. Satoshi Nakamoto realized that this risk might be justified, so he chose to issue Bitcoin anonymously.