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Why didn't the Bitcoin inventor ever cash out?
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Date: April 28th, 2024 10:33 PM Author: vibrant philosopher-king Didn't want to be the richest guy in the world? (http://www.autoadmit.com/thread.php?thread_id=5522515&forum_id=2#47616774) |
Date: April 28th, 2024 10:47 PM Author: Galvanic chapel 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: opaque shivering center 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: mischievous crotch (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: dun sweet tailpipe 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.) |
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Date: April 29th, 2024 12:37 AM Author: internet-worthy pit voyeur its szabo. he probably deleted the keys. but he's also just insane enough to leave it sitting there.
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Date: April 29th, 2024 1:21 AM Author: clear school 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: underhanded locus 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. |
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Date: April 29th, 2024 5:41 AM Author: dun sweet tailpipe 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. |
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Date: April 29th, 2024 7:09 AM Author: misunderstood self-absorbed ratface pocket flask 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: At-the-ready thriller telephone 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: claret house-broken juggernaut corner *he, or SHE, or they (http://www.autoadmit.com/thread.php?thread_id=5522515&forum_id=2#47627053) |
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Date: May 2nd, 2024 9:35 AM Author: opaque shivering center (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: underhanded locus 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. |
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Date: May 1st, 2024 1:49 PM Author: cheese-eating rusted theater wrinkle 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: misunderstood self-absorbed ratface pocket flask 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: cheese-eating rusted theater wrinkle 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: internet-worthy pit voyeur 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
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Date: May 2nd, 2024 10:11 PM Author: cheese-eating rusted theater wrinkle 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: Wild Incel Hall 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: frum flickering space 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: Vivacious dull forum 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: sickened location 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: Motley Duck-like Organic Girlfriend Becky 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: slap-happy insane regret market His wallet fell down a storm drain (http://www.autoadmit.com/thread.php?thread_id=5522515&forum_id=2#47627110) |