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Why didn't the Bitcoin inventor ever cash out?

Didn't want to be the richest guy in the world?
mustard juggernaut meetinghouse
  04/28/24
He died in like 2011
Lilac office nowag
  04/28/24
tp.
topaz box office
  04/28/24
...
Vivacious Rusted Church Gay Wizard
  05/02/24
To be fair, Either the creator has been dead for awhile, ...
gaped charismatic black woman base
  04/28/24
its szabo. he probably deleted the keys. but he's also just ...
salmon lascivious range
  04/29/24
why bother
Big-titted gaping spot
  04/29/24
I can think of three possibilities off the top of my head: ...
hilarious heaven
  04/29/24
To be fair, 3 isn't really legitimate, because he could e...
gaped charismatic black woman base
  04/29/24
Could have other wallets that he converts to fiat. Not too f...
Insane keepsake machete
  04/29/24
Cr, he (or they, if it was a group) could have had other wal...
Umber cuck
  04/29/24
*he, or SHE, or they
Arrogant Exciting Locale
  05/02/24
...
topaz box office
  05/02/24
Yeah, 3) probably isn't an issue now, but it would have been...
hilarious heaven
  05/01/24
Bitcoin was described by the NSA years before the Satoshi pa...
disgusting athletic conference
  05/01/24
Link
Insane keepsake machete
  05/01/24
https://groups.csail.mit.edu/mac/classes/6.805/articles/mone...
disgusting athletic conference
  05/02/24
this has nothing to do with bitcoin and doesn't say anything...
salmon lascivious range
  05/02/24
ok
disgusting athletic conference
  05/02/24
Nick Szabo has been very clear he didn’t get into this...
Sexy center trust fund
  05/01/24
because he doesnt want to out himself?
Vengeful hospital mood
  05/01/24
He did. Gatormo diversified years ago
180 pale lodge codepig
  05/01/24
The greatest strength a man can show is his own self control...
Painfully honest brilliant forum persian
  05/02/24
how do people know which bitcoins were the “first&rdqu...
Zippy school cafeteria
  05/02/24
His wallet fell down a storm drain
lavender resort
  05/02/24


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Reply Favorite

Date: April 28th, 2024 10:33 PM
Author: mustard juggernaut meetinghouse

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

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



Reply Favorite

Date: April 28th, 2024 10:47 PM
Author: Lilac office nowag

He died in like 2011

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



Reply Favorite

Date: April 28th, 2024 10:47 PM
Author: topaz box office

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: Vivacious Rusted Church Gay Wizard



(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: gaped charismatic black woman base

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: salmon lascivious range

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: Big-titted gaping spot

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: hilarious heaven

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: gaped charismatic black woman base

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: Insane keepsake machete

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: Umber cuck

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: Arrogant Exciting Locale

*he, or SHE, or they

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



Reply Favorite

Date: May 2nd, 2024 9:35 AM
Author: topaz box office



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



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Date: May 1st, 2024 1:33 PM
Author: hilarious heaven

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: disgusting athletic conference

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: Insane keepsake machete

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: disgusting athletic conference

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: salmon lascivious range

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: disgusting athletic conference

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: Sexy center trust fund

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: Vengeful hospital mood

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: 180 pale lodge codepig

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: Painfully honest brilliant forum persian

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: Zippy school cafeteria

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: lavender resort

His wallet fell down a storm drain

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