Quote from: Garrett Burgwardt on May 25, 2011, 03:52:40 AM

Quote from: mcdett on May 25, 2011, 03:48:37 AM

Is anyone else concerned about Satoshi (or whomever was in the original group) having control of almost 20% of the btc economy? This isn't the perfect place to post this question, but it was something that got me thinking. The original group is estimated to have about 20% of the current currency in circulation. For me this raises many questions about what could happen with so much power in such a anonymous (read NOT transparent) group.

My guess is that Satoshi existed on a virtual machine (possibly inside another virtual machine), and the whole disk was scrubbed once he decided to move on.

The problem (or possible risk) is that this can't be proven. If I'm going to invest in this currency I need to know there is some security (read predictability) with 20% of the total value. Let's say that the original group is composed of two dorky guys out of Seattle, and if some major govt. gets to them (which they will if this is ultimately successful) what could happen with 20% of the total btc economy? There are many other scenarios to think of with one secret entity having 20% of the economy.

Think of it. If btc becomes something large there is a anonymous, hidden, secret group that controls 20% of it. That does not play out well with large organizations trying to gauge risk <-- which will be one of the biggest foundations to grow btc.