Post
Topic
Board Bitcoin Discussion
Re: Satoshi's now has 600- 700k bitcoins?
by
BitcoinNewbie15
on 22/08/2018, 02:47:17 UTC
It has often been reported that the creator of bitcoin - Satoshi Nakamoto- has at least a million bitcoins, that could spark a lot of market distortions should those coins ever move from their wallets, but recent report by Bitmex's research team suggest figures 30 percent lower. 600 - 700k bitcoins
What do you think? Any significant difference?



Reference: https://news.bitcoin.com/satoshis-1-million-bitcoin-haul-could-be-smaller-than-first-thought/

I don't think this makes any difference. 1 million coins or 600k coins, I think it's safe to say that these coins are gone forever. Satoshi himself was very libertarian, I doubt he wanted to be in the position where he himself becomes what he despised. Bitcoin is his brainchild, he deeply cares for Bitcoin, he knows that moving or using these coins would harm it. If he had the self-restraint to not access that wealth at the peak of the price, I'm sure he won't ever access them.