Post
Topic
Board Bitcoin Discussion
Topic OP
Could Satoshi ever spend his Bitcoins?
by
phathash
on 26/03/2012, 09:56:21 UTC
Some speculate Satoshi has as many as 1M+ Bitcoins. Could he ever spend them without attracting frenzied tx-attention/investigation or spend them without causing a run on the currency? Could he keep his anonymity?

10 years from now with 18m Bitcoins in existence, Satoshi might have 6% of all Bitcoins. Part of the Bitcoin Oligarchy. However, this is not all bad. Larry Ellison is estimated to be worth $36b and his Randian influence (like it or not) on the world is still limited. If Satoshi was worth $36b in 2022, Bitcoin would have a market capitalisation of $600b. Bitcoin would be causing waves, and each Bitcoin would be valued at $30k each.

Some speculate Satoshi is not an individual, but rather a group. Perhaps this group has good intentions and want to make the world a better place. Curiously, Larry's personal fortune is on par with the endowment of the Bill & Melinda Gates Foundation.

Perhaps "Satoshi" might start offering BTC bounties to make the world a better place. Think X PRIZE? A cure for Malaria?