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Why didn't the Bitcoin inventor ever cash out?

Didn't want to be the richest guy in the world?
laughsome bawdyhouse
  04/28/24
He died in like 2011
provocative dull keepsake machete chapel
  04/28/24
tp.
Histrionic abode genital piercing
  04/28/24
...
Chartreuse soul-stirring multi-billionaire
  05/02/24
To be fair, Either the creator has been dead for awhile, ...
contagious adulterous hospital sex offender
  04/28/24
its szabo. he probably deleted the keys. but he's also just ...
Multi-colored misanthropic alpha
  04/29/24
why bother
Brilliant gaping stag film
  04/29/24
I can think of three possibilities off the top of my head: ...
lavender azn
  04/29/24
To be fair, 3 isn't really legitimate, because he could e...
contagious adulterous hospital sex offender
  04/29/24
Could have other wallets that he converts to fiat. Not too f...
emerald mad-dog skullcap wrinkle
  04/29/24
Cr, he (or they, if it was a group) could have had other wal...
spruce location
  04/29/24
*he, or SHE, or they
Avocado odious meetinghouse
  05/02/24
...
Histrionic abode genital piercing
  05/02/24
Yeah, 3) probably isn't an issue now, but it would have been...
lavender azn
  05/01/24
Bitcoin was described by the NSA years before the Satoshi pa...
Outnumbered flesh roommate space
  05/01/24
Link
emerald mad-dog skullcap wrinkle
  05/01/24
https://groups.csail.mit.edu/mac/classes/6.805/articles/mone...
Outnumbered flesh roommate space
  05/02/24
this has nothing to do with bitcoin and doesn't say anything...
Multi-colored misanthropic alpha
  05/02/24
ok
Outnumbered flesh roommate space
  05/02/24
Nick Szabo has been very clear he didn’t get into this...
Maroon spectacular casino
  05/01/24
because he doesnt want to out himself?
dark lascivious mood bbw
  05/01/24
He did. Gatormo diversified years ago
dashing lemon national
  05/01/24
The greatest strength a man can show is his own self control...
exciting orchid spot psychic
  05/02/24
how do people know which bitcoins were the “first&rdqu...
ocher hilarious fortuitous meteor
  05/02/24
His wallet fell down a storm drain
amethyst vivacious jap
  05/02/24


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Reply Favorite

Date: April 28th, 2024 10:33 PM
Author: laughsome bawdyhouse

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: provocative dull keepsake machete chapel

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: Histrionic abode genital piercing

tp.

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



Reply Favorite

Date: May 2nd, 2024 10:19 PM
Author: Chartreuse soul-stirring multi-billionaire



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



Reply Favorite

Date: April 28th, 2024 10:49 PM
Author: contagious adulterous hospital sex offender

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: Multi-colored misanthropic alpha

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: Brilliant gaping stag film

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: lavender azn

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: contagious adulterous hospital sex offender

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: emerald mad-dog skullcap wrinkle

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: spruce location

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: Avocado odious meetinghouse

*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: Histrionic abode genital piercing



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



Reply Favorite

Date: May 1st, 2024 1:33 PM
Author: lavender azn

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: Outnumbered flesh roommate space

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: emerald mad-dog skullcap wrinkle

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: Outnumbered flesh roommate space

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: Multi-colored misanthropic alpha

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: Outnumbered flesh roommate space

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: Maroon spectacular casino

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: dark lascivious mood bbw

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: dashing lemon national

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: exciting orchid spot psychic

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: ocher hilarious fortuitous meteor

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: amethyst vivacious jap

His wallet fell down a storm drain

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