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Why didn't the Bitcoin inventor ever cash out?

Didn't want to be the richest guy in the world?
cerebral harsh clown
  04/28/24
He died in like 2011
honey-headed sickened range jew
  04/28/24
tp.
Dead chapel
  04/28/24
...
Shaky mother
  05/02/24
To be fair, Either the creator has been dead for awhile, ...
submissive sandwich
  04/28/24
its szabo. he probably deleted the keys. but he's also just ...
Aquamarine fragrant halford
  04/29/24
why bother
vengeful boiling water
  04/29/24
I can think of three possibilities off the top of my head: ...
Boyish Messiness Lay
  04/29/24
To be fair, 3 isn't really legitimate, because he could e...
submissive sandwich
  04/29/24
Could have other wallets that he converts to fiat. Not too f...
Aphrodisiac center
  04/29/24
Cr, he (or they, if it was a group) could have had other wal...
Stirring flushed community account crotch
  04/29/24
*he, or SHE, or they
Lascivious gaming laptop
  05/02/24
...
Dead chapel
  05/02/24
Yeah, 3) probably isn't an issue now, but it would have been...
Boyish Messiness Lay
  05/01/24
Bitcoin was described by the NSA years before the Satoshi pa...
cyan ceo psychic
  05/01/24
Link
Aphrodisiac center
  05/01/24
https://groups.csail.mit.edu/mac/classes/6.805/articles/mone...
cyan ceo psychic
  05/02/24
this has nothing to do with bitcoin and doesn't say anything...
Aquamarine fragrant halford
  05/02/24
ok
cyan ceo psychic
  05/02/24
Nick Szabo has been very clear he didn’t get into this...
green hateful parlor juggernaut
  05/01/24
because he doesnt want to out himself?
sexy spruce home
  05/01/24
He did. Gatormo diversified years ago
insane bateful incel
  05/01/24
The greatest strength a man can show is his own self control...
Violet Pit Karate
  05/02/24
how do people know which bitcoins were the “first&rdqu...
Ultramarine Naked Mediation Faggot Firefighter
  05/02/24
His wallet fell down a storm drain
pale zombie-like blood rage antidepressant drug
  05/02/24


Poast new message in this thread



Reply Favorite

Date: April 28th, 2024 10:33 PM
Author: cerebral harsh clown

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: honey-headed sickened range jew

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: Dead chapel

tp.

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



Reply Favorite

Date: May 2nd, 2024 10:19 PM
Author: Shaky mother



(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 sandwich

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: Aquamarine fragrant halford

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: vengeful boiling water

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: Boyish Messiness Lay

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: submissive sandwich

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: Aphrodisiac center

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: Stirring flushed community account crotch

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: Lascivious gaming laptop

*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: Dead chapel



(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: Boyish Messiness Lay

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: cyan ceo psychic

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: Aphrodisiac center

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: cyan ceo psychic

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: Aquamarine fragrant halford

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: cyan ceo psychic

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: green hateful parlor juggernaut

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: sexy spruce home

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: insane bateful incel

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: Violet Pit Karate

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: Ultramarine Naked Mediation 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: pale zombie-like blood rage antidepressant drug

His wallet fell down a storm drain

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