Can Pseudonymous Crypto Founders Be Trusted?

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Anonymity has been the basis of the cryptocurrency sector from the beginning. Satoshi Nakamoto is the pseudonym used by the mysterious individual who invented Bitcoin over a decade ago.

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The crypto community believes that Bitcoin will survive the test of time compared to other cryptocurrencies, particularly since the founder is unknown.

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Nakamoto’s pseudonym inspired other cryptocurrency engineers to use screen names. But are there risks with pseudonymous founders in crypto?

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There is a difference between anonymous and pseudonymous. An anonymous person can speak or operate without being identified because they use multiple identities every time.

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A pseudonymous person conducts business, but their actual identification and background are still hidden or unknown.

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For example, if I’m not required to log in, I can comment on a website article and remain anonymous. However, if I had to log in using my username, I would be pseudonymous.

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