\
  The most prestigious law school admissions discussion board in the world.
BackRefresh Options Favorite

Why didn't the Bitcoin inventor ever cash out?

Didn't want to be the richest guy in the world?
Vigorous selfie
  04/28/24
He died in like 2011
ungodly very tactful lodge
  04/28/24
tp.
kink-friendly ceo
  04/28/24
...
Titillating irate son of senegal gaming laptop
  05/02/24
To be fair, Either the creator has been dead for awhile, ...
cruel-hearted cruise ship personal credit line
  04/28/24
its szabo. he probably deleted the keys. but he's also just ...
Hairraiser Shitlib Volcanic Crater
  04/29/24
why bother
hateful hyperactive office
  04/29/24
I can think of three possibilities off the top of my head: ...
supple dull base degenerate
  04/29/24
To be fair, 3 isn't really legitimate, because he could e...
cruel-hearted cruise ship personal credit line
  04/29/24
Could have other wallets that he converts to fiat. Not too f...
Odious Geriatric Ticket Booth Antidepressant Drug
  04/29/24
Cr, he (or they, if it was a group) could have had other wal...
exciting reading party
  04/29/24
*he, or SHE, or they
Misunderstood cumskin water buffalo
  05/02/24
...
kink-friendly ceo
  05/02/24
Yeah, 3) probably isn't an issue now, but it would have been...
supple dull base degenerate
  05/01/24
Bitcoin was described by the NSA years before the Satoshi pa...
Sinister Lascivious International Law Enforcement Agency Market
  05/01/24
Link
Odious Geriatric Ticket Booth Antidepressant Drug
  05/01/24
https://groups.csail.mit.edu/mac/classes/6.805/articles/mone...
Sinister Lascivious International Law Enforcement Agency Market
  05/02/24
this has nothing to do with bitcoin and doesn't say anything...
Hairraiser Shitlib Volcanic Crater
  05/02/24
ok
Sinister Lascivious International Law Enforcement Agency Market
  05/02/24
Nick Szabo has been very clear he didn’t get into this...
aggressive coffee pot
  05/01/24
because he doesnt want to out himself?
big background story
  05/01/24
He did. Gatormo diversified years ago
henna clown
  05/01/24
The greatest strength a man can show is his own self control...
Gay electric newt
  05/02/24
how do people know which bitcoins were the “first&rdqu...
painfully honest pea-brained house
  05/02/24
His wallet fell down a storm drain
navy university weed whacker
  05/02/24


Poast new message in this thread



Reply Favorite

Date: April 28th, 2024 10:33 PM
Author: Vigorous selfie

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: ungodly very tactful lodge

He died in like 2011

(http://www.autoadmit.com/thread.php?thread_id=5522515&forum_id=2#47616824)



Reply Favorite

Date: April 28th, 2024 10:47 PM
Author: kink-friendly ceo

tp.

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



Reply Favorite

Date: May 2nd, 2024 10:19 PM
Author: Titillating irate son of senegal gaming laptop



(http://www.autoadmit.com/thread.php?thread_id=5522515&forum_id=2#47629840)



Reply Favorite

Date: April 28th, 2024 10:49 PM
Author: cruel-hearted cruise ship personal credit line

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)



Reply Favorite

Date: April 29th, 2024 12:37 AM
Author: Hairraiser Shitlib Volcanic Crater

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)



Reply Favorite

Date: April 29th, 2024 1:21 AM
Author: hateful hyperactive office

why bother

(http://www.autoadmit.com/thread.php?thread_id=5522515&forum_id=2#47617081)



Reply Favorite

Date: April 29th, 2024 4:41 AM
Author: supple dull base degenerate

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: cruel-hearted cruise ship personal credit line

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)



Reply Favorite

Date: April 29th, 2024 7:09 AM
Author: Odious Geriatric Ticket Booth Antidepressant Drug

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)



Reply Favorite

Date: April 29th, 2024 8:10 AM
Author: exciting reading party

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)



Reply Favorite

Date: May 2nd, 2024 12:39 AM
Author: Misunderstood cumskin water buffalo

*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: kink-friendly ceo



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



Reply Favorite

Date: May 1st, 2024 1:33 PM
Author: supple dull base degenerate

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)



Reply Favorite

Date: May 1st, 2024 1:49 PM
Author: Sinister Lascivious International Law Enforcement Agency Market

Bitcoin was described by the NSA years before the Satoshi paper

(http://www.autoadmit.com/thread.php?thread_id=5522515&forum_id=2#47625240)



Reply Favorite

Date: May 1st, 2024 6:54 PM
Author: Odious Geriatric Ticket Booth Antidepressant Drug

Link

(http://www.autoadmit.com/thread.php?thread_id=5522515&forum_id=2#47626320)



Reply Favorite

Date: May 2nd, 2024 12:15 AM
Author: Sinister Lascivious International Law Enforcement Agency Market

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)



Reply Favorite

Date: May 2nd, 2024 12:29 AM
Author: Hairraiser Shitlib Volcanic Crater

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: Sinister Lascivious International Law Enforcement Agency Market

ok

(http://www.autoadmit.com/thread.php?thread_id=5522515&forum_id=2#47629826)



Reply Favorite

Date: May 1st, 2024 1:54 PM
Author: aggressive coffee pot

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)



Reply Favorite

Date: May 1st, 2024 1:59 PM
Author: big background story

because he doesnt want to out himself?

(http://www.autoadmit.com/thread.php?thread_id=5522515&forum_id=2#47625275)



Reply Favorite

Date: May 1st, 2024 6:55 PM
Author: henna clown

He did. Gatormo diversified years ago

(http://www.autoadmit.com/thread.php?thread_id=5522515&forum_id=2#47626323)



Reply Favorite

Date: May 2nd, 2024 12:43 AM
Author: Gay electric newt

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)



Reply Favorite

Date: May 2nd, 2024 1:31 AM
Author: painfully honest pea-brained house

how do people know which bitcoins were the “first”

(http://www.autoadmit.com/thread.php?thread_id=5522515&forum_id=2#47627099)



Reply Favorite

Date: May 2nd, 2024 1:38 AM
Author: navy university weed whacker

His wallet fell down a storm drain

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