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Why didn't the Bitcoin inventor ever cash out?

Didn't want to be the richest guy in the world?
Razzle-dazzle sneaky criminal
  04/28/24
He died in like 2011
Provocative bisexual friendly grandma brunch
  04/28/24
tp.
maize school cafeteria nibblets
  04/28/24
...
arousing lay trump supporter
  05/02/24
To be fair, Either the creator has been dead for awhile, ...
Concupiscible sex offender volcanic crater
  04/28/24
its szabo. he probably deleted the keys. but he's also just ...
rebellious dark new version
  04/29/24
why bother
Cracking Emerald Forum
  04/29/24
I can think of three possibilities off the top of my head: ...
Naked mildly autistic theater stage gunner
  04/29/24
To be fair, 3 isn't really legitimate, because he could e...
Concupiscible sex offender volcanic crater
  04/29/24
Could have other wallets that he converts to fiat. Not too f...
shaky internal respiration
  04/29/24
Cr, he (or they, if it was a group) could have had other wal...
aggressive cerebral parlour
  04/29/24
*he, or SHE, or they
startling zippy gas station legal warrant
  05/02/24
...
maize school cafeteria nibblets
  05/02/24
Yeah, 3) probably isn't an issue now, but it would have been...
Naked mildly autistic theater stage gunner
  05/01/24
Bitcoin was described by the NSA years before the Satoshi pa...
heady cyan incel
  05/01/24
Link
shaky internal respiration
  05/01/24
https://groups.csail.mit.edu/mac/classes/6.805/articles/mone...
heady cyan incel
  05/02/24
this has nothing to do with bitcoin and doesn't say anything...
rebellious dark new version
  05/02/24
ok
heady cyan incel
  05/02/24
Nick Szabo has been very clear he didn’t get into this...
Apoplectic queen of the night
  05/01/24
because he doesnt want to out himself?
impressive background story garrison
  05/01/24
He did. Gatormo diversified years ago
laughsome at-the-ready stag film puppy
  05/01/24
The greatest strength a man can show is his own self control...
mind-boggling slippery alpha
  05/02/24
how do people know which bitcoins were the “first&rdqu...
dull stead jew
  05/02/24
His wallet fell down a storm drain
dead learning disabled knife school
  05/02/24


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Reply Favorite

Date: April 28th, 2024 10:33 PM
Author: Razzle-dazzle sneaky criminal

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: Provocative bisexual friendly grandma brunch

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: maize school cafeteria nibblets

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: arousing lay trump supporter



(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: Concupiscible sex offender volcanic crater

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: rebellious dark new version

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: Cracking Emerald Forum

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: Naked mildly autistic theater stage gunner

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: Concupiscible sex offender volcanic crater

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: shaky internal respiration

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: aggressive cerebral parlour

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: startling zippy gas station legal warrant

*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: maize school cafeteria nibblets



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



Reply Favorite

Date: May 1st, 2024 1:33 PM
Author: Naked mildly autistic theater stage gunner

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: heady cyan incel

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: shaky internal respiration

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: heady cyan incel

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: rebellious dark new version

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: heady cyan incel

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: Apoplectic queen of the night

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: impressive background story garrison

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: laughsome at-the-ready stag film puppy

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: mind-boggling slippery alpha

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: dull stead jew

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: dead learning disabled knife school

His wallet fell down a storm drain

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