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Why didn't the Bitcoin inventor ever cash out?

Didn't want to be the richest guy in the world?
dun charismatic church building laser beams
  04/28/24
He died in like 2011
purple marvelous voyeur
  04/28/24
tp.
outnumbered locale
  04/28/24
...
multi-colored jet-lagged national
  05/02/24
To be fair, Either the creator has been dead for awhile, ...
Unholy obsidian forum nowag
  04/28/24
its szabo. he probably deleted the keys. but he's also just ...
Sapphire Nursing Home
  04/29/24
why bother
Fuchsia newt kitchen
  04/29/24
I can think of three possibilities off the top of my head: ...
Cerise awkward school
  04/29/24
To be fair, 3 isn't really legitimate, because he could e...
Unholy obsidian forum nowag
  04/29/24
Could have other wallets that he converts to fiat. Not too f...
cruel-hearted grizzly volcanic crater set
  04/29/24
Cr, he (or they, if it was a group) could have had other wal...
Sinister Bistre Property
  04/29/24
*he, or SHE, or they
beady-eyed heaven telephone
  05/02/24
...
outnumbered locale
  05/02/24
Yeah, 3) probably isn't an issue now, but it would have been...
Cerise awkward school
  05/01/24
Bitcoin was described by the NSA years before the Satoshi pa...
glittery aggressive temple masturbator
  05/01/24
Link
cruel-hearted grizzly volcanic crater set
  05/01/24
https://groups.csail.mit.edu/mac/classes/6.805/articles/mone...
glittery aggressive temple masturbator
  05/02/24
this has nothing to do with bitcoin and doesn't say anything...
Sapphire Nursing Home
  05/02/24
ok
glittery aggressive temple masturbator
  05/02/24
Nick Szabo has been very clear he didn’t get into this...
Nudist Dragon Box Office
  05/01/24
because he doesnt want to out himself?
electric bipolar state
  05/01/24
He did. Gatormo diversified years ago
trip pearl resort dysfunction
  05/01/24
The greatest strength a man can show is his own self control...
lake jew
  05/02/24
how do people know which bitcoins were the “first&rdqu...
Bronze wild stain
  05/02/24
His wallet fell down a storm drain
light shrine
  05/02/24


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Reply Favorite

Date: April 28th, 2024 10:33 PM
Author: dun charismatic church building laser beams

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: purple marvelous voyeur

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: outnumbered locale

tp.

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



Reply Favorite

Date: May 2nd, 2024 10:19 PM
Author: multi-colored jet-lagged national



(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: Unholy obsidian forum nowag

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: Sapphire Nursing Home

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: Fuchsia newt kitchen

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: Cerise awkward school

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: Unholy obsidian forum nowag

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: cruel-hearted grizzly volcanic crater set

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: Sinister Bistre Property

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: beady-eyed heaven telephone

*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: outnumbered locale



(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: Cerise awkward school

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: glittery aggressive temple masturbator

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: cruel-hearted grizzly volcanic crater set

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: glittery aggressive temple masturbator

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: Sapphire Nursing Home

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: glittery aggressive temple masturbator

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: Nudist Dragon Box Office

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: electric bipolar state

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: trip pearl resort dysfunction

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: lake jew

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: Bronze wild stain

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: light shrine

His wallet fell down a storm drain

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