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Why didn't the Bitcoin inventor ever cash out?

Didn't want to be the richest guy in the world?
Confused ivory antidepressant drug
  04/28/24
He died in like 2011
lime scourge upon the earth
  04/28/24
tp.
glassy adulterous site
  04/28/24
...
insecure range
  05/02/24
To be fair, Either the creator has been dead for awhile, ...
Thriller Fanboi Coffee Pot
  04/28/24
its szabo. he probably deleted the keys. but he's also just ...
submissive chapel
  04/29/24
why bother
Aqua territorial brunch
  04/29/24
I can think of three possibilities off the top of my head: ...
brilliant institution jewess
  04/29/24
To be fair, 3 isn't really legitimate, because he could e...
Thriller Fanboi Coffee Pot
  04/29/24
Could have other wallets that he converts to fiat. Not too f...
doobsian copper idiot ratface
  04/29/24
Cr, he (or they, if it was a group) could have had other wal...
curious charcoal location partner
  04/29/24
*he, or SHE, or they
chocolate underhanded ape ceo
  05/02/24
...
glassy adulterous site
  05/02/24
Yeah, 3) probably isn't an issue now, but it would have been...
brilliant institution jewess
  05/01/24
Bitcoin was described by the NSA years before the Satoshi pa...
Lavender Hairraiser Elastic Band
  05/01/24
Link
doobsian copper idiot ratface
  05/01/24
https://groups.csail.mit.edu/mac/classes/6.805/articles/mone...
Lavender Hairraiser Elastic Band
  05/02/24
this has nothing to do with bitcoin and doesn't say anything...
submissive chapel
  05/02/24
ok
Lavender Hairraiser Elastic Band
  05/02/24
Nick Szabo has been very clear he didn’t get into this...
carmine stimulating forum
  05/01/24
because he doesnt want to out himself?
Contagious Theatre
  05/01/24
He did. Gatormo diversified years ago
Cobalt Bull Headed Locus
  05/01/24
The greatest strength a man can show is his own self control...
sticky honey-headed area
  05/02/24
how do people know which bitcoins were the “first&rdqu...
frisky theater stage faggot firefighter
  05/02/24
His wallet fell down a storm drain
irate kitty cat parlor
  05/02/24


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Reply Favorite

Date: April 28th, 2024 10:33 PM
Author: Confused ivory antidepressant drug

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: lime scourge upon the earth

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: glassy adulterous site

tp.

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



Reply Favorite

Date: May 2nd, 2024 10:19 PM
Author: insecure range



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



Reply Favorite

Date: April 28th, 2024 10:49 PM
Author: Thriller Fanboi Coffee Pot

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: submissive chapel

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: Aqua territorial brunch

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: brilliant institution jewess

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)



Reply Favorite

Date: April 29th, 2024 5:41 AM
Author: Thriller Fanboi Coffee Pot

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: doobsian copper idiot ratface

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: curious charcoal location partner

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: chocolate underhanded ape ceo

*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: glassy adulterous site



(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: brilliant institution jewess

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: Lavender Hairraiser Elastic Band

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: doobsian copper idiot ratface

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: Lavender Hairraiser Elastic Band

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: submissive chapel

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)



Reply Favorite

Date: May 2nd, 2024 10:11 PM
Author: Lavender Hairraiser Elastic Band

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: carmine stimulating forum

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: Contagious Theatre

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: Cobalt Bull Headed Locus

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: sticky honey-headed area

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: frisky theater stage faggot firefighter

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: irate kitty cat parlor

His wallet fell down a storm drain

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