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Why didn't the Bitcoin inventor ever cash out?

Didn't want to be the richest guy in the world?
Vivacious Site
  04/28/24
He died in like 2011
Marvelous Indirect Expression Stead
  04/28/24
tp.
excitant misunderstood mad-dog skullcap
  04/28/24
...
chest-beating adventurous organic girlfriend
  05/02/24
To be fair, Either the creator has been dead for awhile, ...
Turquoise tripping hospital
  04/28/24
its szabo. he probably deleted the keys. but he's also just ...
maize cruise ship
  04/29/24
why bother
Pea-brained Jade Locus
  04/29/24
I can think of three possibilities off the top of my head: ...
azure tattoo jap
  04/29/24
To be fair, 3 isn't really legitimate, because he could e...
Turquoise tripping hospital
  04/29/24
Could have other wallets that he converts to fiat. Not too f...
Aggressive fragrant principal's office foreskin
  04/29/24
Cr, he (or they, if it was a group) could have had other wal...
insane degenerate tanning salon
  04/29/24
*he, or SHE, or they
flickering swashbuckling sex offender toaster
  05/02/24
...
excitant misunderstood mad-dog skullcap
  05/02/24
Yeah, 3) probably isn't an issue now, but it would have been...
azure tattoo jap
  05/01/24
Bitcoin was described by the NSA years before the Satoshi pa...
Slimy corn cake
  05/01/24
Link
Aggressive fragrant principal's office foreskin
  05/01/24
https://groups.csail.mit.edu/mac/classes/6.805/articles/mone...
Slimy corn cake
  05/02/24
this has nothing to do with bitcoin and doesn't say anything...
maize cruise ship
  05/02/24
ok
Slimy corn cake
  05/02/24
Nick Szabo has been very clear he didn’t get into this...
amber stimulating pisswyrm dragon
  05/01/24
because he doesnt want to out himself?
Soul-stirring Umber Range
  05/01/24
He did. Gatormo diversified years ago
Vibrant travel guidebook
  05/01/24
The greatest strength a man can show is his own self control...
snowy unhinged associate library
  05/02/24
how do people know which bitcoins were the “first&rdqu...
Awkward cumskin
  05/02/24
His wallet fell down a storm drain
Stirring topaz church building double fault
  05/02/24


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Reply Favorite

Date: April 28th, 2024 10:33 PM
Author: Vivacious Site

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: Marvelous Indirect Expression Stead

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: excitant misunderstood mad-dog skullcap

tp.

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



Reply Favorite

Date: May 2nd, 2024 10:19 PM
Author: chest-beating adventurous organic girlfriend



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



Reply Favorite

Date: April 28th, 2024 10:49 PM
Author: Turquoise tripping hospital

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: maize cruise ship

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: Pea-brained Jade Locus

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: azure tattoo jap

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: Turquoise tripping hospital

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: Aggressive fragrant principal's office foreskin

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: insane degenerate tanning salon

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: flickering swashbuckling sex offender toaster

*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: excitant misunderstood mad-dog skullcap



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



Reply Favorite

Date: May 1st, 2024 1:33 PM
Author: azure tattoo jap

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: Slimy corn cake

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: Aggressive fragrant principal's office foreskin

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: Slimy corn cake

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: maize cruise ship

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: Slimy corn cake

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: amber stimulating pisswyrm dragon

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: Soul-stirring Umber Range

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: Vibrant travel guidebook

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: snowy unhinged associate library

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: Awkward cumskin

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: Stirring topaz church building double fault

His wallet fell down a storm drain

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