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Why didn't the Bitcoin inventor ever cash out?

Didn't want to be the richest guy in the world?
Burgundy twisted base
  04/28/24
He died in like 2011
Gold zombie-like orchestra pit
  04/28/24
tp.
Spruce lay indirect expression
  04/28/24
...
duck-like weed whacker
  05/02/24
To be fair, Either the creator has been dead for awhile, ...
fuchsia address roast beef
  04/28/24
its szabo. he probably deleted the keys. but he's also just ...
misunderstood idiotic brunch community account
  04/29/24
why bother
Cocky translucent digit ratio
  04/29/24
I can think of three possibilities off the top of my head: ...
primrose razzle messiness
  04/29/24
To be fair, 3 isn't really legitimate, because he could e...
fuchsia address roast beef
  04/29/24
Could have other wallets that he converts to fiat. Not too f...
comical wild shrine
  04/29/24
Cr, he (or they, if it was a group) could have had other wal...
Blue site dog poop
  04/29/24
*he, or SHE, or they
Red glittery range
  05/02/24
...
Spruce lay indirect expression
  05/02/24
Yeah, 3) probably isn't an issue now, but it would have been...
primrose razzle messiness
  05/01/24
Bitcoin was described by the NSA years before the Satoshi pa...
Maize school voyeur
  05/01/24
Link
comical wild shrine
  05/01/24
https://groups.csail.mit.edu/mac/classes/6.805/articles/mone...
Maize school voyeur
  05/02/24
this has nothing to do with bitcoin and doesn't say anything...
misunderstood idiotic brunch community account
  05/02/24
ok
Maize school voyeur
  05/02/24
Nick Szabo has been very clear he didn’t get into this...
Lascivious Mint Dilemma Personal Credit Line
  05/01/24
because he doesnt want to out himself?
Mahogany Stead Foreskin
  05/01/24
He did. Gatormo diversified years ago
arousing ruddy meetinghouse prole
  05/01/24
The greatest strength a man can show is his own self control...
blathering nudist lodge sweet tailpipe
  05/02/24
how do people know which bitcoins were the “first&rdqu...
snowy impertinent organic girlfriend faggot firefighter
  05/02/24
His wallet fell down a storm drain
Cerise Territorial Garrison Bbw
  05/02/24


Poast new message in this thread



Reply Favorite

Date: April 28th, 2024 10:33 PM
Author: Burgundy twisted base

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: Gold zombie-like orchestra pit

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: Spruce lay indirect expression

tp.

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



Reply Favorite

Date: May 2nd, 2024 10:19 PM
Author: duck-like weed whacker



(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: fuchsia address roast beef

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: misunderstood idiotic brunch community account

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: Cocky translucent digit ratio

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: primrose razzle messiness

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: fuchsia address roast beef

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: comical wild shrine

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: Blue site dog poop

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: Red glittery range

*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: Spruce lay indirect expression



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



Reply Favorite

Date: May 1st, 2024 1:33 PM
Author: primrose razzle messiness

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: Maize school voyeur

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: comical wild shrine

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: Maize school voyeur

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: misunderstood idiotic brunch community account

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: Maize school voyeur

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: Lascivious Mint Dilemma Personal Credit Line

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: Mahogany Stead Foreskin

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: arousing ruddy meetinghouse prole

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: blathering nudist lodge sweet tailpipe

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: snowy impertinent organic girlfriend 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: Cerise Territorial Garrison Bbw

His wallet fell down a storm drain

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