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Why didn't the Bitcoin inventor ever cash out?

Didn't want to be the richest guy in the world?
Submissive Fortuitous Meteor Parlor
  04/28/24
He died in like 2011
Copper fragrant heaven party of the first part
  04/28/24
tp.
bright site athletic conference
  04/28/24
...
geriatric fear-inspiring hunting ground
  05/02/24
To be fair, Either the creator has been dead for awhile, ...
Bateful dilemma feces
  04/28/24
its szabo. he probably deleted the keys. but he's also just ...
chocolate famous landscape painting ladyboy
  04/29/24
why bother
Flatulent twinkling uncleanness national
  04/29/24
I can think of three possibilities off the top of my head: ...
vigorous yapping french chef
  04/29/24
To be fair, 3 isn't really legitimate, because he could e...
Bateful dilemma feces
  04/29/24
Could have other wallets that he converts to fiat. Not too f...
Vengeful base people who are hurt
  04/29/24
Cr, he (or they, if it was a group) could have had other wal...
appetizing gaming laptop property
  04/29/24
*he, or SHE, or they
vibrant genital piercing
  05/02/24
...
bright site athletic conference
  05/02/24
Yeah, 3) probably isn't an issue now, but it would have been...
vigorous yapping french chef
  05/01/24
Bitcoin was described by the NSA years before the Satoshi pa...
massive sound barrier
  05/01/24
Link
Vengeful base people who are hurt
  05/01/24
https://groups.csail.mit.edu/mac/classes/6.805/articles/mone...
massive sound barrier
  05/02/24
this has nothing to do with bitcoin and doesn't say anything...
chocolate famous landscape painting ladyboy
  05/02/24
ok
massive sound barrier
  05/02/24
Nick Szabo has been very clear he didn’t get into this...
Arousing Seedy Mental Disorder Stage
  05/01/24
because he doesnt want to out himself?
rusted boyish jap
  05/01/24
He did. Gatormo diversified years ago
Deep French Main People
  05/01/24
The greatest strength a man can show is his own self control...
pea-brained shrine stain
  05/02/24
how do people know which bitcoins were the “first&rdqu...
brass gaped spot old irish cottage
  05/02/24
His wallet fell down a storm drain
effete citrine queen of the night
  05/02/24


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Reply Favorite

Date: April 28th, 2024 10:33 PM
Author: Submissive Fortuitous Meteor Parlor

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: Copper fragrant heaven party of the first part

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: bright site athletic conference

tp.

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



Reply Favorite

Date: May 2nd, 2024 10:19 PM
Author: geriatric fear-inspiring hunting ground



(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: Bateful dilemma feces

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: chocolate famous landscape painting ladyboy

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: Flatulent twinkling uncleanness national

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: vigorous yapping french chef

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: Bateful dilemma feces

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: Vengeful base people who are hurt

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: appetizing gaming laptop property

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: vibrant genital piercing

*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: bright site athletic conference



(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: vigorous yapping french chef

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: massive sound barrier

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: Vengeful base people who are hurt

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: massive sound barrier

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: chocolate famous landscape painting ladyboy

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: massive sound barrier

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: Arousing Seedy Mental Disorder Stage

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: rusted boyish jap

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: Deep French Main People

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: pea-brained shrine stain

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: brass gaped spot old irish cottage

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: effete citrine queen of the night

His wallet fell down a storm drain

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