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Why didn't the Bitcoin inventor ever cash out?

Didn't want to be the richest guy in the world?
Slimy Wine Dog Poop
  04/28/24
He died in like 2011
underhanded location
  04/28/24
tp.
Splenetic turdskin
  04/28/24
...
Indigo Area Crotch
  05/02/24
To be fair, Either the creator has been dead for awhile, ...
lavender french chef
  04/28/24
its szabo. he probably deleted the keys. but he's also just ...
tan swashbuckling knife
  04/29/24
why bother
At-the-ready Cracking Volcanic Crater
  04/29/24
I can think of three possibilities off the top of my head: ...
misunderstood masturbator main people
  04/29/24
To be fair, 3 isn't really legitimate, because he could e...
lavender french chef
  04/29/24
Could have other wallets that he converts to fiat. Not too f...
Lascivious Marketing Idea
  04/29/24
Cr, he (or they, if it was a group) could have had other wal...
unhinged irate ticket booth shitlib
  04/29/24
*he, or SHE, or they
Wonderful hot athletic conference newt
  05/02/24
...
Splenetic turdskin
  05/02/24
Yeah, 3) probably isn't an issue now, but it would have been...
misunderstood masturbator main people
  05/01/24
Bitcoin was described by the NSA years before the Satoshi pa...
Nubile Senate
  05/01/24
Link
Lascivious Marketing Idea
  05/01/24
https://groups.csail.mit.edu/mac/classes/6.805/articles/mone...
Nubile Senate
  05/02/24
this has nothing to do with bitcoin and doesn't say anything...
tan swashbuckling knife
  05/02/24
ok
Nubile Senate
  05/02/24
Nick Szabo has been very clear he didn’t get into this...
mischievous snowy skinny woman becky
  05/01/24
because he doesnt want to out himself?
Rambunctious sneaky criminal
  05/01/24
He did. Gatormo diversified years ago
jet crackhouse
  05/01/24
The greatest strength a man can show is his own self control...
slap-happy lilac organic girlfriend foreskin
  05/02/24
how do people know which bitcoins were the “first&rdqu...
insecure principal's office
  05/02/24
His wallet fell down a storm drain
Pearly indian lodge boiling water
  05/02/24


Poast new message in this thread



Reply Favorite

Date: April 28th, 2024 10:33 PM
Author: Slimy Wine Dog Poop

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: underhanded location

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: Splenetic turdskin

tp.

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



Reply Favorite

Date: May 2nd, 2024 10:19 PM
Author: Indigo Area Crotch



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



Reply Favorite

Date: April 28th, 2024 10:49 PM
Author: lavender french chef

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: tan swashbuckling knife

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: At-the-ready Cracking Volcanic Crater

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: misunderstood masturbator main people

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: lavender french chef

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: Lascivious Marketing Idea

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: unhinged irate ticket booth shitlib

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: Wonderful hot athletic conference newt

*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: Splenetic turdskin



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



Reply Favorite

Date: May 1st, 2024 1:33 PM
Author: misunderstood masturbator main people

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: Nubile Senate

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: Lascivious Marketing Idea

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: Nubile Senate

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: tan swashbuckling knife

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: Nubile Senate

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: mischievous snowy skinny woman becky

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: Rambunctious sneaky criminal

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: jet crackhouse

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: slap-happy lilac organic girlfriend foreskin

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: insecure principal's office

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: Pearly indian lodge boiling water

His wallet fell down a storm drain

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