(www.marketwatch.com)

189 points aorloff | 4 comments | 04 Jul 25 18:41 UTC | HN request time: 0.02s | source

Show context

cedws ◴[05 Jul 25 02:41 UTC] No.44469737[source]▶

I really wonder if Satoshi’s fortune is gone forever. Maybe the CIA found his real identity and uncovered his keys. Dumping that much BTC on the market would crash the market and probably even tank other financial markets.

replies(4): >>44469879 #>>44469890 #>>44469990 #>>44470398 #

1. wmf ◴[05 Jul 25 03:23 UTC] No.44469890[source]▶

>>44469737 #

My theory was always that Satoshi burned the coins from the beginning. There never was any fortune.

replies(2): >>44470663 #>>44470801 #

2. amjnsx ◴[05 Jul 25 07:02 UTC] No.44470663[source]▶

>>44469890 (TP) #

I see it as the ultimate honeypot. If those coins haven’t moved yet the network is secure.

replies(1): >>44471141 #

3. josu ◴[05 Jul 25 07:35 UTC] No.44470801[source]▶

>>44469890 (TP) #

He may have burned the keys, not the coins. The process of burning the coins is by sending them to an address such as: 1111111111111111111114oLvT2

4. monster_truck ◴[05 Jul 25 08:41 UTC] No.44471141[source]▶

>>44470663 #

I think you mean canary. Honeypots are decoys by definition

↑

Sleeping beauty Bitcoin wallets wake up after 14 years to the tune of $2B