Post
Topic
Board Altcoin Discussion
Re: BCH, accessing them with bitcoin keys?
by
tsaroz
on 06/05/2024, 02:49:30 UTC
I was listening to Mr.  Saylor explain as to why it's important for the founder of bitcoin not to move coins.  It shows that bitcoin was never meant to be something that was built for profit.  However true this is, if coins are moved what are the implications?  And if one person holds coins in bitcoin before 2017 doesn't the same person hold coins in BCH?  Why would Satoshi want to move coins if he could just move BCH?  Asking for a friend.

Yes. The person keeping their coins on their non-custodial wallet prior to a fork would have ability to use every of those forked coins.
We don't know for exact how much bitcoin does satoshi owned wallets hold, even a humble estimate suggest it to be 500K btc that makes him multibillionaire.
It's a surprise that satoshi has not cashed out any of the coins we can associate with satoshi. Either he/she is too humble that he did all this for the sake of open sourcing and decentralizing the finance and don't want to profit from it or he/she is already a multibillionaire that the money doesn't hold as large significance to him/her or he/she is dead.