Post
Topic
Board Bitcoin Discussion
Re: Can It Really Happen?
by
shield132
on 11/06/2017, 20:07:50 UTC
For as long as Bitcoin has existed, it has always been a possibility. Some like to think Satoshi purposefully threw away the keys to his multiple wallets because he knew how risky keeping that much btc was. Personally, I believe that he still has access to the wallets and hasn't touched them for three main reasons. Firstly, he knows that people would notice if he sold his bitcoins, which has the potential to destroy faith in the whole project. Secondly, he's aware of the fact that selling so many bitcoins would most definitely disrupt the market. Thirdly, as the visionary behind blockchains, he has an unshakable faith in Bitcoin and is certain it will succeed in the long term.
Just curious, for me it sounds unlogical. He is the creator of bitcoin and imagine he has huge amount of bitcoins and would he threw away keys for simply? He created bitcoin for his aims I believe and not for only other people. And also he won't be so stupid to sell all bitcoins immediately, it may take years for him to make selling process less visible.