Quote from: Ojima-ojo on Today at 12:38:57 AM

Quote from: JayJuanGee on August 08, 2023, 04:01:39 PM

Part of the "freedom," power and greatness of bitcoin is that you can do whatever the fuck you want with it, including but not limited to HODLing it...
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Another use case, recently discussed as plausible/feasible/reasonable, is the use case of going to your grave with your satoshis... which (if you want to talk about satoshi) seems to be what satoshi did.

I agree with that, Satashi actually buried those coins my curiosity leads me to ask, what then happens to those tins of Bitcoins in Satoshi possession and who gonna spend it I wish Bitcoin is already adopted in the other side of life, if so then Satoshi would be among the richest dude I that hood.

And we still small bitcoin lords here in the world, since Bitcoin give us the free, to own and use bitcoin for whatever best suit our need per time, it may be right for some to say that Bitcoin holdlers does not make history since their activities may not contribute to the network directly, but still Bitcoin holder most especially long term Bitcoin holders also contribute to the scarcity of Bitcoin in the market that also help increase the value and price of bitcoin at that point.

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and by the way, appealing to authority seems pretty lame here.. in regards to what supposedly were "satoshi's intentions" in regards to the various ways that bitcoin could be "used" (including whether HODLing fits into the category of uses contemplated by satoshi

Satoshi himself is the greatest Bitcoin hodler because he exited that characteristic of long term view when he lock the about 15 million bitcoin from the world and no a bit have been moved from that wallet yet even with all the price ATH that have forced many dominant wallets to make transactions and carrying out coin moving after a long period.

But nothing like that have been noticed with Satoshi wallet it has remain inactive, to an ordinary jack, this is a steel hand hodler, because not many can do what Satoshi have done in the space of Bitcoin development and existence.

I don't know exactly what happens, but it seems pretty likely that there could be close to 1 million bitcoins that were associated with Satoshi.. but it is not 100% clear if they were all associated with Satoshi, but it does seems that anyone who either purposefully or accidentally loses access to their private keys, then those coins are pretty unlikely to ever get spent, unless they are able to be hacked based on poorer storage methods, as compared to what is learning along the way and perhaps any protocol changes that might help for newer wallets to have more security attributes..