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Why didn't the Bitcoin inventor ever cash out?

Didn't want to be the richest guy in the world?
bearded chapel degenerate
  04/28/24
He died in like 2011
autistic sienna dysfunction stage
  04/28/24
tp.
Glittery Pozpig Factory Reset Button
  04/28/24
...
Fragrant Sticky Native Depressive
  05/02/24
To be fair, Either the creator has been dead for awhile, ...
comical box office codepig
  04/28/24
its szabo. he probably deleted the keys. but he's also just ...
fuchsia rigpig
  04/29/24
why bother
unhinged nowag
  04/29/24
I can think of three possibilities off the top of my head: ...
misunderstood diverse selfie theater
  04/29/24
To be fair, 3 isn't really legitimate, because he could e...
comical box office codepig
  04/29/24
Could have other wallets that he converts to fiat. Not too f...
Histrionic Plaza Wrinkle
  04/29/24
Cr, he (or they, if it was a group) could have had other wal...
duck-like massive hell
  04/29/24
*he, or SHE, or they
Burgundy Heady Gay Wizard
  05/02/24
...
Glittery Pozpig Factory Reset Button
  05/02/24
Yeah, 3) probably isn't an issue now, but it would have been...
misunderstood diverse selfie theater
  05/01/24
Bitcoin was described by the NSA years before the Satoshi pa...
flickering vivacious keepsake machete heaven
  05/01/24
Link
Histrionic Plaza Wrinkle
  05/01/24
https://groups.csail.mit.edu/mac/classes/6.805/articles/mone...
flickering vivacious keepsake machete heaven
  05/02/24
this has nothing to do with bitcoin and doesn't say anything...
fuchsia rigpig
  05/02/24
ok
flickering vivacious keepsake machete heaven
  05/02/24
Nick Szabo has been very clear he didn’t get into this...
razzmatazz indecent new version antidepressant drug
  05/01/24
because he doesnt want to out himself?
soggy orchestra pit
  05/01/24
He did. Gatormo diversified years ago
silver area
  05/01/24
The greatest strength a man can show is his own self control...
Fiercely-loyal vibrant den toilet seat
  05/02/24
how do people know which bitcoins were the “first&rdqu...
drunken parlour
  05/02/24
His wallet fell down a storm drain
Startling learning disabled sanctuary private investor
  05/02/24


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Reply Favorite

Date: April 28th, 2024 10:33 PM
Author: bearded chapel degenerate

Didn't want to be the richest guy in the world?

(http://www.autoadmit.com/thread.php?thread_id=5522515&forum_id=2/#47616774)



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Date: April 28th, 2024 10:47 PM
Author: autistic sienna dysfunction stage

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: Glittery Pozpig Factory Reset Button

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: Fragrant Sticky Native Depressive



(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: comical box office codepig

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: fuchsia rigpig

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: unhinged nowag

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: misunderstood diverse selfie theater

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: comical box office codepig

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: Histrionic Plaza 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: duck-like massive hell

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: Burgundy Heady Gay Wizard

*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: Glittery Pozpig Factory Reset Button



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



Reply Favorite

Date: May 1st, 2024 1:33 PM
Author: misunderstood diverse selfie theater

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: flickering vivacious keepsake machete heaven

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: Histrionic Plaza 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: flickering vivacious keepsake machete heaven

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: fuchsia rigpig

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: flickering vivacious keepsake machete heaven

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: razzmatazz indecent new version antidepressant drug

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: soggy orchestra pit

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: silver area

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: Fiercely-loyal vibrant den toilet seat

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: drunken parlour

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: Startling learning disabled sanctuary private investor

His wallet fell down a storm drain

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