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Why didn't the Bitcoin inventor ever cash out?

Didn't want to be the richest guy in the world?
Passionate yapping indirect expression old irish cottage
  04/28/24
He died in like 2011
Stimulating Rose Candlestick Maker Spot
  04/28/24
tp.
Irate topaz stead
  04/28/24
...
greedy tanning salon fortuitous meteor
  05/02/24
To be fair, Either the creator has been dead for awhile, ...
bonkers pearly property legal warrant
  04/28/24
its szabo. he probably deleted the keys. but he's also just ...
carnelian lascivious sanctuary ratface
  04/29/24
why bother
trip station puppy
  04/29/24
I can think of three possibilities off the top of my head: ...
poppy pit wrinkle
  04/29/24
To be fair, 3 isn't really legitimate, because he could e...
bonkers pearly property legal warrant
  04/29/24
Could have other wallets that he converts to fiat. Not too f...
Titillating chocolate police squad
  04/29/24
Cr, he (or they, if it was a group) could have had other wal...
onyx multi-colored stock car set
  04/29/24
*he, or SHE, or they
hairraiser saffron goyim
  05/02/24
...
Irate topaz stead
  05/02/24
Yeah, 3) probably isn't an issue now, but it would have been...
poppy pit wrinkle
  05/01/24
Bitcoin was described by the NSA years before the Satoshi pa...
Unhinged cuckoldry
  05/01/24
Link
Titillating chocolate police squad
  05/01/24
https://groups.csail.mit.edu/mac/classes/6.805/articles/mone...
Unhinged cuckoldry
  05/02/24
this has nothing to do with bitcoin and doesn't say anything...
carnelian lascivious sanctuary ratface
  05/02/24
ok
Unhinged cuckoldry
  05/02/24
Nick Szabo has been very clear he didn’t get into this...
Exhilarant federal stage
  05/01/24
because he doesnt want to out himself?
very tactful bipolar pistol base
  05/01/24
He did. Gatormo diversified years ago
salmon mad cow disease location
  05/01/24
The greatest strength a man can show is his own self control...
Concupiscible Travel Guidebook Fanboi
  05/02/24
how do people know which bitcoins were the “first&rdqu...
Razzle-dazzle son of senegal
  05/02/24
His wallet fell down a storm drain
Cyan principal's office
  05/02/24


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Reply Favorite

Date: April 28th, 2024 10:33 PM
Author: Passionate yapping indirect expression old irish cottage

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: Stimulating Rose Candlestick Maker Spot

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: Irate topaz stead

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: greedy tanning salon fortuitous meteor



(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: bonkers pearly property legal warrant

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: carnelian lascivious sanctuary ratface

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: trip station puppy

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: poppy pit wrinkle

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: bonkers pearly property legal warrant

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: Titillating chocolate police squad

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: onyx multi-colored stock car set

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: hairraiser saffron goyim

*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: Irate topaz stead



(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: poppy pit wrinkle

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: Unhinged cuckoldry

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: Titillating chocolate police squad

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: Unhinged cuckoldry

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: carnelian lascivious sanctuary ratface

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: Unhinged cuckoldry

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: Exhilarant federal 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: very tactful bipolar pistol base

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: salmon mad cow disease location

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: Concupiscible Travel Guidebook Fanboi

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: Razzle-dazzle son of senegal

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: Cyan principal's office

His wallet fell down a storm drain

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