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The keys can move without the coins moving. Think of it like the ultimate Casascius coins. There's no way to know whether or not Satoshi cashed out. I can't fin
by deafsquid69 5y ago
The keys can move without the coins moving. Think of it like the ultimate Casascius coins. There's no way to know whether or not Satoshi cashed out. I can't find the thread, but I'm pretty sure Adam Back even said this on bitcointalk and said that that would be how he'd move the money if he were Satoshi.
- mbreese 5y agoThat’s true, but if someone bought the keys, then they’d be more likely to start moving/spending the coins.
- anonAndOn 5y agoHow to dodge transaction fees and internet sleuths in one pass: Put a bitcoin in a wallet and sell the wallet.
- Cantinflas 5y agoHow could that work? If I sell you a private key, then you get the private key, and I get the money... and the private key. You either move them right away or risk me moving them (or me selling the private key again to another guy)