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Why didn't the Bitcoin inventor ever cash out?
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Date: April 28th, 2024 10:33 PM Author: crusty toilet seat Didn't want to be the richest guy in the world? (http://www.autoadmit.com/thread.php?thread_id=5522515&forum_id=2#47616774) |
Date: April 28th, 2024 10:47 PM Author: milky pistol site 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: Comical Frisky Doctorate Reading Party 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: 180 sinister casino degenerate (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: Submissive parlor 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.) |
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Date: April 29th, 2024 12:37 AM Author: Bateful station its szabo. he probably deleted the keys. but he's also just insane enough to leave it sitting there.
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Date: April 29th, 2024 1:21 AM Author: Pale property depressive 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: hairraiser awkward useless brakes location 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. |
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Date: April 29th, 2024 5:41 AM Author: Submissive parlor 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. |
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Date: April 29th, 2024 7:09 AM Author: dead abode 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: Vigorous lay 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: Jade at-the-ready step-uncle's house *he, or SHE, or they (http://www.autoadmit.com/thread.php?thread_id=5522515&forum_id=2#47627053) |
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Date: May 2nd, 2024 9:35 AM Author: Comical Frisky Doctorate Reading Party (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: hairraiser awkward useless brakes location 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. |
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Date: May 1st, 2024 1:49 PM Author: Curious useless striped hyena 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: dead abode 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: Curious useless striped hyena 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: Bateful station 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
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Date: May 2nd, 2024 10:11 PM Author: Curious useless striped hyena 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: low-t vibrant jap messiness 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: flesh stage gaping 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: federal twinkling heaven 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: Excitant Bull Headed Son Of Senegal 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: Poppy brethren 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: razzmatazz khaki kitty feces His wallet fell down a storm drain (http://www.autoadmit.com/thread.php?thread_id=5522515&forum_id=2#47627110) |