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Why didn't the Bitcoin inventor ever cash out?

Didn't want to be the richest guy in the world?
sickened hot wrinkle church building
  04/28/24
He died in like 2011
Cobalt trump supporter
  04/28/24
tp.
walnut painfully honest resort striped hyena
  04/28/24
...
copper corner
  05/02/24
To be fair, Either the creator has been dead for awhile, ...
Learning disabled people who are hurt
  04/28/24
its szabo. he probably deleted the keys. but he's also just ...
pea-brained meetinghouse
  04/29/24
why bother
brindle cracking kitty bbw
  04/29/24
I can think of three possibilities off the top of my head: ...
mint doctorate
  04/29/24
To be fair, 3 isn't really legitimate, because he could e...
Learning disabled people who are hurt
  04/29/24
Could have other wallets that he converts to fiat. Not too f...
Passionate Brethren
  04/29/24
Cr, he (or they, if it was a group) could have had other wal...
charismatic flirting mexican
  04/29/24
*he, or SHE, or they
180 parlor personal credit line
  05/02/24
...
walnut painfully honest resort striped hyena
  05/02/24
Yeah, 3) probably isn't an issue now, but it would have been...
mint doctorate
  05/01/24
Bitcoin was described by the NSA years before the Satoshi pa...
bronze heady kitty cat chapel
  05/01/24
Link
Passionate Brethren
  05/01/24
https://groups.csail.mit.edu/mac/classes/6.805/articles/mone...
bronze heady kitty cat chapel
  05/02/24
this has nothing to do with bitcoin and doesn't say anything...
pea-brained meetinghouse
  05/02/24
ok
bronze heady kitty cat chapel
  05/02/24
Nick Szabo has been very clear he didn’t get into this...
Fragrant hilarious plaza
  05/01/24
because he doesnt want to out himself?
Swashbuckling Shrine
  05/01/24
He did. Gatormo diversified years ago
Blathering beady-eyed sanctuary
  05/01/24
The greatest strength a man can show is his own self control...
Excitant jade useless brakes faggotry
  05/02/24
how do people know which bitcoins were the “first&rdqu...
dun infuriating selfie
  05/02/24
His wallet fell down a storm drain
Talented marketing idea
  05/02/24


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Reply Favorite

Date: April 28th, 2024 10:33 PM
Author: sickened hot wrinkle church building

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: Cobalt trump supporter

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: walnut painfully honest resort striped hyena

tp.

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



Reply Favorite

Date: May 2nd, 2024 10:19 PM
Author: copper corner



(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: Learning disabled people who are hurt

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: pea-brained meetinghouse

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: brindle cracking kitty bbw

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: mint doctorate

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: Learning disabled people who are hurt

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: Passionate Brethren

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: charismatic flirting mexican

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: 180 parlor personal credit line

*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: walnut painfully honest resort striped hyena



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



Reply Favorite

Date: May 1st, 2024 1:33 PM
Author: mint doctorate

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: bronze heady kitty cat chapel

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: Passionate Brethren

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: bronze heady kitty cat chapel

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: pea-brained meetinghouse

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: bronze heady kitty cat chapel

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: Fragrant hilarious plaza

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: Swashbuckling Shrine

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: Blathering beady-eyed sanctuary

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: Excitant jade useless brakes faggotry

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: dun infuriating selfie

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: Talented marketing idea

His wallet fell down a storm drain

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