\
  The most prestigious law school admissions discussion board in the world.
BackRefresh Options Favorite

Why didn't the Bitcoin inventor ever cash out?

Didn't want to be the richest guy in the world?
ultramarine useless brakes
  04/28/24
He died in like 2011
Bateful death wish
  04/28/24
tp.
crawly area really tough guy
  04/28/24
...
Razzle university
  05/02/24
To be fair, Either the creator has been dead for awhile, ...
unholy dark ape casino
  04/28/24
its szabo. he probably deleted the keys. but he's also just ...
beady-eyed cocky mad-dog skullcap
  04/29/24
why bother
learning disabled lodge
  04/29/24
I can think of three possibilities off the top of my head: ...
Mischievous temple
  04/29/24
To be fair, 3 isn't really legitimate, because he could e...
unholy dark ape casino
  04/29/24
Could have other wallets that he converts to fiat. Not too f...
marvelous ungodly wrinkle gaming laptop
  04/29/24
Cr, he (or they, if it was a group) could have had other wal...
high-end nibblets
  04/29/24
*he, or SHE, or they
Laughsome sinister house scourge upon the earth
  05/02/24
...
crawly area really tough guy
  05/02/24
Yeah, 3) probably isn't an issue now, but it would have been...
Mischievous temple
  05/01/24
Bitcoin was described by the NSA years before the Satoshi pa...
Dashing voyeur plaza
  05/01/24
Link
marvelous ungodly wrinkle gaming laptop
  05/01/24
https://groups.csail.mit.edu/mac/classes/6.805/articles/mone...
Dashing voyeur plaza
  05/02/24
this has nothing to do with bitcoin and doesn't say anything...
beady-eyed cocky mad-dog skullcap
  05/02/24
ok
Dashing voyeur plaza
  05/02/24
Nick Szabo has been very clear he didn’t get into this...
passionate cream incel stage
  05/01/24
because he doesnt want to out himself?
hyperventilating vengeful stage reading party
  05/01/24
He did. Gatormo diversified years ago
low-t navy dilemma filthpig
  05/01/24
The greatest strength a man can show is his own self control...
olive immigrant indian lodge
  05/02/24
how do people know which bitcoins were the “first&rdqu...
Hairraiser self-absorbed dog poop
  05/02/24
His wallet fell down a storm drain
Cracking Property
  05/02/24


Poast new message in this thread



Reply Favorite

Date: April 28th, 2024 10:33 PM
Author: ultramarine useless brakes

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: Bateful death wish

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: crawly area really tough guy

tp.

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



Reply Favorite

Date: May 2nd, 2024 10:19 PM
Author: Razzle university



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



Reply Favorite

Date: April 28th, 2024 10:49 PM
Author: unholy dark ape casino

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)



Reply Favorite

Date: April 29th, 2024 12:37 AM
Author: beady-eyed cocky mad-dog skullcap

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)



Reply Favorite

Date: April 29th, 2024 1:21 AM
Author: learning disabled lodge

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: Mischievous temple

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: unholy dark ape casino

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)



Reply Favorite

Date: April 29th, 2024 7:09 AM
Author: marvelous ungodly wrinkle gaming laptop

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: high-end nibblets

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: Laughsome sinister house scourge upon the earth

*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: crawly area really tough guy



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



Reply Favorite

Date: May 1st, 2024 1:33 PM
Author: Mischievous temple

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)



Reply Favorite

Date: May 1st, 2024 1:49 PM
Author: Dashing voyeur plaza

Bitcoin was described by the NSA years before the Satoshi paper

(http://www.autoadmit.com/thread.php?thread_id=5522515&forum_id=2/#47625240)



Reply Favorite

Date: May 1st, 2024 6:54 PM
Author: marvelous ungodly wrinkle gaming laptop

Link

(http://www.autoadmit.com/thread.php?thread_id=5522515&forum_id=2/#47626320)



Reply Favorite

Date: May 2nd, 2024 12:15 AM
Author: Dashing voyeur plaza

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)



Reply Favorite

Date: May 2nd, 2024 12:29 AM
Author: beady-eyed cocky mad-dog skullcap

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: Dashing voyeur plaza

ok

(http://www.autoadmit.com/thread.php?thread_id=5522515&forum_id=2/#47629826)



Reply Favorite

Date: May 1st, 2024 1:54 PM
Author: passionate cream incel stage

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)



Reply Favorite

Date: May 1st, 2024 1:59 PM
Author: hyperventilating vengeful stage reading party

because he doesnt want to out himself?

(http://www.autoadmit.com/thread.php?thread_id=5522515&forum_id=2/#47625275)



Reply Favorite

Date: May 1st, 2024 6:55 PM
Author: low-t navy dilemma filthpig

He did. Gatormo diversified years ago

(http://www.autoadmit.com/thread.php?thread_id=5522515&forum_id=2/#47626323)



Reply Favorite

Date: May 2nd, 2024 12:43 AM
Author: olive immigrant indian lodge

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)



Reply Favorite

Date: May 2nd, 2024 1:31 AM
Author: Hairraiser self-absorbed dog poop

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: Cracking Property

His wallet fell down a storm drain

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