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

(www.marketwatch.com)
213 points aorloff | 3 comments | 04 Jul 25 18:41 UTC | HN request time: 0.004s | source
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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.
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wmf ◴[05 Jul 25 03:23 UTC] No.44469890[source]▶
My theory was always that Satoshi burned the coins from the beginning. There never was any fortune.
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1. amjnsx ◴[05 Jul 25 07:02 UTC] No.44470663[source]▶
I see it as the ultimate honeypot. If those coins haven’t moved yet the network is secure.
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2. monster_truck ◴[05 Jul 25 08:41 UTC] No.44471141[source]▶
I think you mean canary. Honeypots are decoys by definition
replies(1): >>44527599 #
3. IIsi50MHz ◴[11 Jul 25 01:35 UTC] No.44527599[source]▶
…not in my understanding. The term would seem to originate from one or both of "a pot of honey" and "a cesspit or chamber pot"[1]. Both attract flies. the former attracts bears, while the latter attracts 'filth'; both attributes can be useful. The attractant need not be a decoy to function.

[1] Sidebar: a 'honeydipper' can be either a tool made of spaced circular disks on the end rod for the purpose of obtaining honey from a container, or a scooping tool used remove excrement from a septic system or storage container.