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Why didn't the Bitcoin inventor ever cash out?

Didn't want to be the richest guy in the world?
cracking menage preventive strike
  04/28/24
He died in like 2011
Spectacular Talking Becky
  04/28/24
tp.
Bat-shit-crazy hall mother
  04/28/24
...
Vibrant gay business firm
  05/02/24
To be fair, Either the creator has been dead for awhile, ...
Learning disabled marvelous chapel
  04/28/24
its szabo. he probably deleted the keys. but he's also just ...
swollen hissy fit dingle berry
  04/29/24
why bother
magenta space psychic
  04/29/24
I can think of three possibilities off the top of my head: ...
cobalt comical shitlib striped hyena
  04/29/24
To be fair, 3 isn't really legitimate, because he could e...
Learning disabled marvelous chapel
  04/29/24
Could have other wallets that he converts to fiat. Not too f...
lilac haunting halford
  04/29/24
Cr, he (or they, if it was a group) could have had other wal...
Dun center dragon
  04/29/24
*he, or SHE, or they
Cowardly charismatic den
  05/02/24
...
Bat-shit-crazy hall mother
  05/02/24
Yeah, 3) probably isn't an issue now, but it would have been...
cobalt comical shitlib striped hyena
  05/01/24
Bitcoin was described by the NSA years before the Satoshi pa...
Nofapping Flushed Deer Antler
  05/01/24
Link
lilac haunting halford
  05/01/24
https://groups.csail.mit.edu/mac/classes/6.805/articles/mone...
Nofapping Flushed Deer Antler
  05/02/24
this has nothing to do with bitcoin and doesn't say anything...
swollen hissy fit dingle berry
  05/02/24
ok
Nofapping Flushed Deer Antler
  05/02/24
Nick Szabo has been very clear he didn’t get into this...
Garnet Personal Credit Line Rigpig
  05/01/24
because he doesnt want to out himself?
Soul-stirring house-broken church building yarmulke
  05/01/24
He did. Gatormo diversified years ago
Heady keepsake machete area
  05/01/24
The greatest strength a man can show is his own self control...
fantasy-prone orchestra pit genital piercing
  05/02/24
how do people know which bitcoins were the “first&rdqu...
curious cruel-hearted sanctuary
  05/02/24
His wallet fell down a storm drain
Shimmering racy sound barrier cuckold
  05/02/24


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Reply Favorite

Date: April 28th, 2024 10:33 PM
Author: cracking menage preventive strike

Didn't want to be the richest guy in the world?

(http://www.autoadmit.com/thread.php?thread_id=5522515&forum_id=2#47616774)



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Date: April 28th, 2024 10:47 PM
Author: Spectacular Talking Becky

He died in like 2011

(http://www.autoadmit.com/thread.php?thread_id=5522515&forum_id=2#47616824)



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Date: April 28th, 2024 10:47 PM
Author: Bat-shit-crazy hall mother

tp.

(http://www.autoadmit.com/thread.php?thread_id=5522515&forum_id=2#47616825)



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Date: May 2nd, 2024 10:19 PM
Author: Vibrant gay business firm



(http://www.autoadmit.com/thread.php?thread_id=5522515&forum_id=2#47629840)



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Date: April 28th, 2024 10:49 PM
Author: Learning disabled marvelous chapel

To be fair,

Either the creator has been dead for awhile, or it was indeed literally a product of the Deep State.

Those are the only two possibilities that make any sense.

(In b4 (((Consuela))) rushes in here to assure us all that only a "total retard" would possible believe that the former is a possibility, trust me I know these things etc.)

(http://www.autoadmit.com/thread.php?thread_id=5522515&forum_id=2#47616829)



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Date: April 29th, 2024 12:37 AM
Author: swollen hissy fit dingle berry

its szabo. he probably deleted the keys. but he's also just insane enough to leave it sitting there.



(http://www.autoadmit.com/thread.php?thread_id=5522515&forum_id=2#47617036)



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Date: April 29th, 2024 1:21 AM
Author: magenta space psychic

why bother

(http://www.autoadmit.com/thread.php?thread_id=5522515&forum_id=2#47617081)



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Date: April 29th, 2024 4:41 AM
Author: cobalt comical shitlib striped hyena

I can think of three possibilities off the top of my head:

1) He's dead.

2) He lost his keys for whatever reason.

3) If he were to sell, that would signal to the market that he doesn't believe in his own creation, which could cause the market to collapse. Sort of like when insiders at a company start selling their shares.

(http://www.autoadmit.com/thread.php?thread_id=5522515&forum_id=2#47617260)



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Date: April 29th, 2024 5:41 AM
Author: Learning disabled marvelous chapel

To be fair,

3 isn't really legitimate, because he could easily sell a few BTC here and there every so often and make some nice change from doing it and no one would freak out.

The mystery is why massive amounts have sat totally untouched in wallets for 15+ years now with absolutely no movement whatsoever.

(http://www.autoadmit.com/thread.php?thread_id=5522515&forum_id=2#47617265)



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Date: April 29th, 2024 7:09 AM
Author: lilac haunting halford

Could have other wallets that he converts to fiat. Not too far fetched that leaving that particular wallet untouched was part of the initial plan.

(http://www.autoadmit.com/thread.php?thread_id=5522515&forum_id=2#47617301)



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Date: April 29th, 2024 8:10 AM
Author: Dun center dragon

Cr, he (or they, if it was a group) could have had other wallets that they cashed out.

(http://www.autoadmit.com/thread.php?thread_id=5522515&forum_id=2#47617348)



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Date: May 2nd, 2024 12:39 AM
Author: Cowardly charismatic den

*he, or SHE, or they

(http://www.autoadmit.com/thread.php?thread_id=5522515&forum_id=2#47627053)



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Date: May 2nd, 2024 9:35 AM
Author: Bat-shit-crazy hall mother



(http://www.autoadmit.com/thread.php?thread_id=5522515&forum_id=2#47627555)



Reply Favorite

Date: May 1st, 2024 1:33 PM
Author: cobalt comical shitlib striped hyena

Yeah, 3) probably isn't an issue now, but it would have been a consideration 10-15 years ago. And if he didn't sell in the early days, that makes it more like that 1) or 2) happened between then and now.

Having said that, it's also possible that he is a true believer that believes that crypto will replace fiat (which will become worthless) and that there is no reason to ever convert crypto to fiat. It's also possible that he values his anonymity more than being rich and knows that if he started selling his stash, his anonymity would probably be blown.

(http://www.autoadmit.com/thread.php?thread_id=5522515&forum_id=2#47625194)



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Date: May 1st, 2024 1:49 PM
Author: Nofapping Flushed Deer Antler

Bitcoin was described by the NSA years before the Satoshi paper

(http://www.autoadmit.com/thread.php?thread_id=5522515&forum_id=2#47625240)



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Date: May 1st, 2024 6:54 PM
Author: lilac haunting halford

Link

(http://www.autoadmit.com/thread.php?thread_id=5522515&forum_id=2#47626320)



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Date: May 2nd, 2024 12:15 AM
Author: Nofapping Flushed Deer Antler

https://groups.csail.mit.edu/mac/classes/6.805/articles/money/nsamint/nsamint.htm

(http://www.autoadmit.com/thread.php?thread_id=5522515&forum_id=2#47627030)



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Date: May 2nd, 2024 12:29 AM
Author: swollen hissy fit dingle berry

this has nothing to do with bitcoin and doesn't say anything that wouldn't be old news to anyone who read cypherpunks at the time



(http://www.autoadmit.com/thread.php?thread_id=5522515&forum_id=2#47627036)



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Date: May 2nd, 2024 10:11 PM
Author: Nofapping Flushed Deer Antler

ok

(http://www.autoadmit.com/thread.php?thread_id=5522515&forum_id=2#47629826)



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Date: May 1st, 2024 1:54 PM
Author: Garnet Personal Credit Line Rigpig

Nick Szabo has been very clear he didn’t get into this to make himself rich

(http://www.autoadmit.com/thread.php?thread_id=5522515&forum_id=2#47625255)



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Date: May 1st, 2024 1:59 PM
Author: Soul-stirring house-broken church building yarmulke

because he doesnt want to out himself?

(http://www.autoadmit.com/thread.php?thread_id=5522515&forum_id=2#47625275)



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Date: May 1st, 2024 6:55 PM
Author: Heady keepsake machete area

He did. Gatormo diversified years ago

(http://www.autoadmit.com/thread.php?thread_id=5522515&forum_id=2#47626323)



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Date: May 2nd, 2024 12:43 AM
Author: fantasy-prone orchestra pit genital piercing

The greatest strength a man can show is his own self control

(http://www.autoadmit.com/thread.php?thread_id=5522515&forum_id=2#47627057)



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Date: May 2nd, 2024 1:31 AM
Author: curious cruel-hearted sanctuary

how do people know which bitcoins were the “first”

(http://www.autoadmit.com/thread.php?thread_id=5522515&forum_id=2#47627099)



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Date: May 2nd, 2024 1:38 AM
Author: Shimmering racy sound barrier cuckold

His wallet fell down a storm drain

(http://www.autoadmit.com/thread.php?thread_id=5522515&forum_id=2#47627110)