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Why didn't the Bitcoin inventor ever cash out?

Didn't want to be the richest guy in the world?
Razzmatazz maroon cuckold feces
  04/28/24
He died in like 2011
slap-happy hilarious regret
  04/28/24
tp.
Greedy Cruel-hearted Famous Landscape Painting
  04/28/24
...
Red Painfully Honest Ticket Booth
  05/02/24
To be fair, Either the creator has been dead for awhile, ...
claret exciting toaster
  04/28/24
its szabo. he probably deleted the keys. but he's also just ...
Swollen Idiot
  04/29/24
why bother
Bisexual maize antidepressant drug scourge upon the earth
  04/29/24
I can think of three possibilities off the top of my head: ...
elite filthy pit
  04/29/24
To be fair, 3 isn't really legitimate, because he could e...
claret exciting toaster
  04/29/24
Could have other wallets that he converts to fiat. Not too f...
jade cuckoldry
  04/29/24
Cr, he (or they, if it was a group) could have had other wal...
beady-eyed chad
  04/29/24
*he, or SHE, or they
Apoplectic cruise ship
  05/02/24
...
Greedy Cruel-hearted Famous Landscape Painting
  05/02/24
Yeah, 3) probably isn't an issue now, but it would have been...
elite filthy pit
  05/01/24
Bitcoin was described by the NSA years before the Satoshi pa...
Well-lubricated Ocher University Athletic Conference
  05/01/24
Link
jade cuckoldry
  05/01/24
https://groups.csail.mit.edu/mac/classes/6.805/articles/mone...
Well-lubricated Ocher University Athletic Conference
  05/02/24
this has nothing to do with bitcoin and doesn't say anything...
Swollen Idiot
  05/02/24
ok
Well-lubricated Ocher University Athletic Conference
  05/02/24
Nick Szabo has been very clear he didn’t get into this...
Contagious rebellious doctorate bawdyhouse
  05/01/24
because he doesnt want to out himself?
arousing deranged nibblets
  05/01/24
He did. Gatormo diversified years ago
Navy Autistic Brunch Fortuitous Meteor
  05/01/24
The greatest strength a man can show is his own self control...
brilliant stage friendly grandma
  05/02/24
how do people know which bitcoins were the “first&rdqu...
Provocative Bossy Lodge
  05/02/24
His wallet fell down a storm drain
Lake kitchen liquid oxygen
  05/02/24


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Reply Favorite

Date: April 28th, 2024 10:33 PM
Author: Razzmatazz maroon cuckold feces

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: slap-happy hilarious regret

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: Greedy Cruel-hearted Famous Landscape Painting

tp.

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



Reply Favorite

Date: May 2nd, 2024 10:19 PM
Author: Red Painfully Honest Ticket Booth



(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: claret exciting toaster

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: Swollen Idiot

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: Bisexual maize antidepressant drug scourge upon the earth

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: elite filthy pit

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: claret exciting toaster

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: jade cuckoldry

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: beady-eyed chad

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: Apoplectic cruise ship

*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: Greedy Cruel-hearted Famous Landscape Painting



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



Reply Favorite

Date: May 1st, 2024 1:33 PM
Author: elite filthy pit

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: Well-lubricated Ocher University 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: jade cuckoldry

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: Well-lubricated Ocher University 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: Swollen Idiot

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: Well-lubricated Ocher University 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: Contagious rebellious doctorate bawdyhouse

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: arousing deranged nibblets

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: Navy Autistic Brunch Fortuitous Meteor

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: brilliant stage friendly grandma

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: Provocative Bossy Lodge

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: Lake kitchen liquid oxygen

His wallet fell down a storm drain

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