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Someone bought 26.9 BTC on Binance and sent it to Satoshi's dead wallet
- cf1241290841 3y agoAny theories or context known? edit: Wiling to bet on advertisement for Bitcoin ETF launch
- j4yav 3y agoLost a bet? Fat fingered an address? Glad it wasn’t my million.
- cf1241290841 3y agoMight not have been the money of the person who send it
- mitthrowaway2 3y agoMaybe someone was trying to make a philosophical point about the existence of a truly selfless act.
- unsupp0rted 3y agoThe only person this could possibly benefit would be the person using it as a demonstration.
- Frummy 3y agoMaybe an OG with regret over the ugly parts of crypto.
- unsupp0rted 3y agoThen wouldn’t they donate it to some worthy cause, rather than return it to a (likely) dead person?
- Frummy 3y agoThat would be good to do. In this hypothesis, depressed people act irrationally.
- littlecranky67 3y agoMy theory its a big "thank you" - Its actually not that stupid or weird if the sender does not care about the money. Maybe an early bitcoin adopter that hodled, and is now a multi-millionaire. If I was that person, I would feel a need to say "thank you" to the person that made this possible. If Satoshi is alive - no matter if he can access the wallet or not, he definitely would see this a thank you and a way of appreciation. If he is dead, well, at last the public can see that there are people that cleary valued his work - something like a monument. Plus, by burning the bitcoin, value should increase for everyone hodling, so a shout-out to the peers. And yes, one could argue why not give away this incredible amount of money to charity. But then I ask myself why do I go out to a restaurant and order ribeye steak and an IPA on Saturday, instead of having spaghetti at home and give the 50$ to the next homeless person.
- littlecranky67 3y agoPlot twist: Satoshi sends the money back from the wallet (or to charity) to express disagreement as he is not owed a thank you. Boy that would be a funny day if that happened.
- ur-whale 3y ago> Any theories or context known? My money is on a "thank you Satoshi for Bitcoin's 15th". See my post elsewhere in the thread.
- squidbeak 3y agoA stunt to cheaply move the price.
- bonzini 3y agoWeird flex but ok Edit: yeah I know this is just a meme but that's the only reaction I have to wasting so much money.
- AmazingTurtle 3y ago40,000 $ * 26.9 = 1,076,000 $
- ioblomov 3y agoActually a bit more… https://duckduckgo.com/?q=26.91679286+BTC+to+usd https://duckduckgo.com/?q=26.91679286+BTC+to+usd
- jansan 3y agoFat finger. Or a background story that would make an awsome movie.
- unsupp0rted 3y agoHow easy is it to fat finger a million dollar transaction like this? Let’s say somebody had Satoshi’s wallet address on their clipboard, tried to copy their own, failed, Satoshi’s was still on the clipboard, then they proceeded with the transaction. Wouldn’t they at least look at the first few and last few chars of the address before hitting submit? Also this transaction seems to have been sent out at 9am GMT. Institutional sender during business hours?
- nullc 3y ago> Wouldn’t they at least look at the first few and last few chars of the address before hitting submit? The addresses 'look' like line noise, and usually one looks a lot like another. Should they have compared carefully, especially considering the value? Sure. But errors happen. A good workflow for high value transactions lets you preform the transaction and pass it around for validation before signing it (or after signing it but before sending it)-- but virtually no wallets enable such a workflow. So, sadly, many high value transactions are handled without meaningful review. Other ways it could happen due to error: Perhaps someone intended to send 26.9 BTC to "Genesis Trading" and they tasked the most unfortunate of interns to carry it out. They googled "Genesis wallet address", and the google blurb for that query gives _this address_ (I checked). Or... A party intended to send a test transaction to that address with a tiny amount (there are many such payments). But they are using some awful tool that makes them manually manage the payment, change, and fees amounts and they manage to pay the amount that should have been change to the destination and send the amount they intended to pay as fees. (The transaction has no change) Or, Imagine a backend system is pulling addresses out of a database which has them in the same order they're in the blockchain. Unlike a bitcoin node, this system indexes the genesis block so the very first address in it is this address. In that environment multiple failure modes could result in selecting this address. I don't think this one is that credible because indexing addresses by observation in the chain doesn't make a lot of sense for sending.
- jraph 3y agoMany of us have to work for decades to gather this amount of money, if even possible. Not even taking in account that we need to spend most of it to go through this amount of time.
- perryizgr8 3y agoIf things keep going as well as they have been for me, I will never have earned this amount in my entire life cumulative.
- 2024user 3y agoTake inflation into account and we might achieve it some day. Although in all seriousness, what is going on in your life?
- new_user_final 3y agoAverage mid level programmer in our country will have to work 190+ years for this amount of money. [edit] Now, I think I should focus on other things. Average politicians can earn (/s) 50x more money in 5 years than what average programer earns in 190+ years.
- dr_dshiv 3y agoHow do they do that? I’ve never understood how US politicians make money
- freedomben 3y agoMostly insider trading. Real estate and stocks especially. For long sitting politicians, they usually do this through family members. Some also clean up by taking huge speaking fees for giving speeches, but only those at the top with heavy celebrity power. Can you usually pull this one off.
- bionsystem 3y ago
- mrkramer 3y agoA good way to burn Bitcoins. Most probably Satoshi will never ever move them.
- theshrike79 3y agoI'm betting there's a 100% chance that nobody has the key to Satoshi's wallet.
- jakderrida 3y agoSerious question... Why wouldn't Satoshi have it? I'm only aware Satoshi created Bitcoin and remained anonymous.
- defrost 3y agoSerious possibility; Satoshi is a modern Nicolas Bourbaki and the key can only be recovered via a majority split key submission.
- nullc 3y agoSatoshi was also pretty strenuous in tech support in telling people to never delete wallets.
- ur-whale 3y ago> Serious question... Why wouldn't Satoshi have it? Block zero was in all likelihood "mined" by Satoshi. As a matter of fact, that specific block might even have been created by hand.
- theshrike79 3y agoMostly because I think that the person(s) behind the name just plain lost the wallet at some point. There's also the myth and legend of The Satoshi Wallet. People have software checking it automatically and _any_ transfers out would be stuff of legends immediately. Any major transfers would cause panic - the founder is leaving, what's happening?!
- 3y ago
- akoboldfrying 3y agoWhatever other effect this has, it's likely to put bitcoin back in the mainstream news. "Has Satoshi come back from the dead?" "Who would waste a million dollars?" People love mystery and high stakes. Not sure who actually profits from this, but I assume it would be someone holding a lot more than that and looking to offload. EDIT: Deleted a mysterious appearance of the word "sometime" (...did Satoshi put it there?)
- Zetobal 3y agoYeah, living in reality is just too boring atm better dream up some shitty conspiracy to manipulate the crypto market. Hilarious.
- akoboldfrying 3y agoSo what's your theory?
- andrewinardeer 3y agoHad the incorrect wallet in their device's memory, pasted and hit send without triple checking. Rookie error.
- ur-whale 3y ago> Rookie error. You're obviously working under the assumption that the sender is someone for whom one more or one less MUSD makes any kind of difference to his everyday life.
- akoboldfrying 3y agoI think even the richest people on earth will take the time to double-check a million-dollar transaction. For someone to have done this accidentally and not bothered to double-check, it seems to me they would need to have fat-fingered both the address and the amount. This person is typing with hams.
- valevk 3y agoWhat means dead wallet? Might it be artificial supply limitation?
- viraptor 3y agoI don't think your second question makes sense. (Overall BTC supply? 1 million is a microscopic fraction of what's in circulation. 1 billion would be a little bit more interesting)
- somedude895 3y agoDead wallet means the private key to it is likely lost so nobody has access to it. Though there's always a chance someone actually still has it, so you can never say with certainty that a wallet is dead. As for supply limitation, the current market cap of BTC is USD 860B, so this is 0.0001%.
- asystole 3y ago"Wallet" is kind of the wrong term to use. The address is associated with the genesis block (block 0) and is unspendable per the consensus rules. (edit: I'm wrong on that last point, see https://en.bitcoin.it/wiki/Genesis_block https://en.bitcoin.it/wiki/Genesis_block)
- nullc 3y agoNo it isn't. The 50 bitcoin created by block zero are unspendable (because by intention or error the software never passed block 0 through the validation logic that would enter those coins into required data structures). But any other payment made to that address/pubkey are perfectly spendable by whomever has the matching private key. Though that misunderstanding is somewhat common, so it's not impossible that the payee believed that they were sending the coins to an unspendable address.
- asystole 3y agoInteresting, TIL, and thank you. I stand corrected (a quick read of https://en.bitcoin.it/wiki/Genesis_block https://en.bitcoin.it/wiki/Genesis_block would have set me straight).
- b2bsaas00 3y agoPeople who lost money with cryptos through fat finger, wrong addresses, lost private key, frauds, exchange bankrupts are countless.
- nullc 3y agoIt's not unheard of for funds to be missent to an address that was in the senders clipboard for some other reason, though the amount is more remarkable. It's also not particularly remarkable to send small amounts to that address-- its been done many times-- and it's not unheard of for people to make errors in the amounts they pay. Elsewhere I've advanced a couple more complex theories which probably fail occam's razor relative to simple error. You may find them fun to contemplate: https://bitcointalk.org/index.php?topic=5480574.msg63449574#msg63449574 https://bitcointalk.org/index.php?topic=5480574.msg63449574#...
- arbol 3y agoWorth sticking these here, for ease of reading on mobile if nothing else > This could possibly have some connection to my involuntary hobby-horse. > Recent leaked emails[1] show that Calvin Ayre-- the billionaire rube that has been funding Craig Wright's litigation-- believes that Wright actually controls early addresses in the blockchain, consistent with Wright's initial claims but contradicting Wright's more recent claims in court (that he "stomped the hard drives"). Calvin believes Wright can only win the lawsuit against Bitcoin devs by using these early keys and has been pressuring Wright to do so. I'd agree that at this point it would be his only path to even have a chance of winning, and even that would be far from certian given the extraordinary level of obvious forgeries. > On December 20th the UK courts increased the security Wright owes the Bitcoin devs for trial from £100k to £900k. The remaining amount not already paid was due today. (We won't know for a few days if the payment to the court cleared). At the time of the transfer 26.91679286 was worth about £920k. > Up thread it's noted that the source of the funds has heavy BRC-20 activity and I've been told that Ayre has been significantly funding BRC-20 activity. > I wouldn't expect Wright to make the payment out of funds newly received from Ayre, but rather to make them out of float used to pay his legal representation going forward, and then get a top-up payment from Ayre. Wouldn't it be funny if Ayre paid Satoshi's address as part of an effort to force Wright to use it? It would be clever on his part: If he believes Wright will lose unless he uses the address then funding him via an address he can't use won't make things worse and it might save Ayre money if Wright's inability to pay terminates the case early. It would be a genuinely good idea, given Ayre's beliefs. (a better idea would be to wake up and stop being ripped off, but that would have happened long ago if it were going to happen) > Another related explanation is that someone may have set this address as their primary address on a service, either as a joke or because they were LARPing as Satoshi-- and then they either accidentally withdrew to it or got kicked off the platform and automatically had their funds sent there. Who do we know LARPs as Satoshi and may have needed to access another 26.9-ish Bitcoin today?? Tongue > History may not repeat but it does rhyme. During the large ATO investigation into Wright, Wright sent some amount of bitcoin equal to his tax-ID to some high value address he was (falsely) claiming to own-- so he could then point to his tax ID on the blockexplorer page as evidence that he owned the address. The tax office didn't fall for it, but I could easily see some people falling for it. 26.9 BTC is a lot of money but relative to the amount Wright is spending on litigation it's not that substantial, it wouldn't be impossible for that manic to think he could get some benefit in court by throwing coins away at Satoshi's address. > All in all it's probably more likely that someone had the genesis address in their clipboard for some reason, but I wouldn't find any of the above too shocking and they are fun to consider.
- itazula 3y agoOops, help! Can I reverse the transaction?? I'm new to this.ヾ(´･ ･｀｡)ノ
- tim333 3y agoNo doubt Satoshi will send it back.
- apienx 3y agoThe most likely explanation is that this is a sacrifice (from Merriam-Webster: “to suffer loss of, give up, renounce, injure, or destroy especially for an ideal, belief, or end). Idealists will have an easier time understanding what motivates such actions.
- ffgjgf1 3y agoYou have to be a special kind of nihilistic idealist to do this. Instead of actually making a similar “sacrifice” to accomplish something at least marginally useful..
- nullc 3y agoUnder the standard assumption that those coins will not reenter circulation, this act made everyone elses bitcoins very slightly more valuable. If that were the sender's goal it perhaps could have better been accomplished by provably burning the coins instead. So I'm dubious of that. I think it's either an accident or a publicity stunt or a very bizarre sideeffect of some deep bitcoin inside baseball.
- cykros 3y agoDon't forget, the 80s rave band The KLF burned 1 million GBP back in 1992, so this is hardly without precedent, or the largest event of its kind.
- quickthrower2 3y agoThat burn is for publicity so is the equivalent of spending a million on TV ads.
- easyThrowaway 3y agoFor the KLF being a dada/situationist act came first, and making techno came a distant second. It wasn't a completely random unexpected gesture, like the one in the OP.
- jampekka 3y ago
- hawk01 3y agoMy speculation is that an investment / hedge fund intern mistakenly sent one of their clients money to this wallet
- villastrangiato 3y agoProbably this is Craig Wright. He will use this transaction as yet another "incontrovertible" proof that he is Satoshi
- andrewinardeer 3y agoQuite an expensive point to make. I would think that more than a million USD is overkill.
- nullc 3y agoIt's pretty much a rounding error even just compared to the amounts he's spent suing volunteer open source developers. My far out speculation post notes that the amount is close to the amount of additional security he was required to put up in one of his lawsuits against me on the same date as the transaction.
- EVa5I7bHFq9mnYK 3y agoProves nothing, anyone can send to any one address.
- akoboldfrying 3y agoNew theory: A jilted, but crypto-savvy, lover finds their ex's Binance password -- and the perfect way to hurt them. (I said it was a new theory, I didn't say it was a good theory.)
- cookie_monsta 3y agoAnd thus the Bobbit coin was minted
- Semaphor 3y agoI don’t think Binance allows you to do much with just a password. Not that the "theory" really needed more debunking.
- omeid2 3y agoUnfort we have somewhat replaced "password" with "phone access" + pass code for majority of cases since 2FA is really just "phone (password manager) or password" + "phone (sms or one time token app)".
- askonomm 3y agoI like it. Someone please make this into a Netflix series.
- gitgud 3y agoSo the ex wastes 1.2 million dollars of BTC to hurt them… rough…
- DotaFan 3y agoProbably you could discover who did this by backtracking where did news first appear. Sounds like marketing stunt.
- cf1241290841 3y agoBitcoin ETF is supposed to launch next week. edit: reason for the downvotes? What am i missing here? What else could it be marketing for?
- ksjskskskkk 3y agoyou bought on the rumor and will lose money on the news. it will be ruled next week. not launch.
- cf1241290841 3y agoNot saying that it will work. Just that somebody thinks it will. I watched somebody loose a fortune when the covid supply chain shock was first predictable. He got killed on the timing. The rationality of markets is highly overrated. And this is far from rational.
- deleted 3y ago[deleted]
- bakoo 3y agoWhat a waste. The majority of people on this planet have a low enough income to be able to retire comfortably with a payout of that size.
- Scarblac 3y agoIt's not actually wasted, the money went to people who held the 26.9 BTC before this transaction.
- ioblomov 3y agoAnd, assuming Satoshi’s is a dead wallet, every other BTC in circulation becomes worth more.
- hnthrowaway0328 3y agoYeah, could actually be a good thing, if those BTC were sold by multiple ordinary people.
- bakoo 3y agoThe 26.9 now dead bitcoins could have done a lot more good had they been sent to a charity or nonprofit instead.
- Hamuko 3y agoWhat charities take Bitcoin?
- lazyasciiart 3y agoAt least a few that I know, actually! Example: https://msf.org.au/donate/crypto https://msf.org.au/donate/crypto
- majewsky 3y agoAll of them after you convert it into fiat through an exchange.
- ur-whale 3y agoCould this be a "happy 15th birthday bitcoin!" ? Block 824513 was mined on Jan 5, 2024 7:00 PM UTC [1] Block 0 was mined on Jan 3, 2009 6:15 PM UTC [2] Delta is almost exactly 15 years. Someone who is grateful for Bitcoin celebrates by provably and forever shrinking the overall supply by BTC 26.9 (coinbase of block 0, the addie the coins were sent to, is unspendable by design) thereby making every other Bitcoins out there a tiny bit more valuable. [1] https://blockchair.com/bitcoin/block/824513 https://blockchair.com/bitcoin/block/824513 [2] https://blockchair.com/bitcoin/block/0 https://blockchair.com/bitcoin/block/0 [EDIT]: as nullc correctly pointed out somewhere else in this thread, these BTC 26.9 actually can be spent if you happen to have the private key to block 0 (Satoshi, assuming he's still alive, would). Only the coinbase (the block reward) of block 0 can't be spent by design. So this now looks like a "thank you Satoshi on Bitcoin's 15th" and not a provable way to shrink the supply.
- wslh 3y agoBTW, beyond mass media claims, the top Satoshi "archeologist" is Sergio Lerner, on a series of articles that go deep (in the hacker sense) [1] you can see the list on his blog but some examples are: "A New Mystery in Patoshi Timestamps" (2020) [2] and "The Patoshi Mining Machine" [3]. Many previous articles recommended. There is an speculation that Satoshi himself is "just" dead. [1] https://bitslog.com/ https://bitslog.com/ [2] https://bitslog.com/2020/06/22/a-new-mystery-in-patoshi-timestamps/ https://bitslog.com/2020/06/22/a-new-mystery-in-patoshi-time... [3] https://bitslog.com/2020/08/22/the-patoshi-mining-machine/ https://bitslog.com/2020/08/22/the-patoshi-mining-machine/
- b112 3y agoPlot twist, that guy is actually Satoshi, and pretending to look for himself is to deflect suspicion.
- wslh 3y agoGreat twist, as someone who knows Sergio since elementary school he was always perfectly capable of being him but from my knowledge of other details I don't think so. Just an opinion. BTW2: adding a little bit of serendipity to this Sunday I came up with this repository [1] which seems very dangerous and fishy. It says that "34 000 Satoshi Nakamoto wallets with pubkeys (50 BTC each other)" but the download points to a .zip with an .exe. In GitHub you can denounce people but do you suggest to investigate the .exe before right? Seems like a good, and probably simple, reversing play. On the context of Satoshi's public keys, you cannot (like some other blockchains) get his/her/their public keys from the address. [1] [potential malware]
- nullc 3y ago99.99% chance you're linking to malware, it might be polite to break the url.
- wslh 3y agoYes, I removed it but I assume someone could check that collaborative here since I put the warning/warning/warning beforehand. It would be great if you add to your comment the best way to act in this case? I could research the potential malware but I assume that GitHub has some tooling/resources to quickly research it? It is like the automatic scanning in Gmail. If it is an obvious malware it could be detected with existing tools. You can also run it in a very isolated VM and/or computer and see what happens behind the scene in a black box manner. BTW3: I played with our AI friends to do an image of this conversation [1]. [1] https://nitter.net/coinfabrik/status/1743992974067867868#m https://nitter.net/coinfabrik/status/1743992974067867868#m
- nroets 3y agoMy theory is that a hacker gained access to a whale's account and didn't have a way to monetize his crime. So he did this for "bragging rights."
- nullc 3y agoIf the hacker could send to that address they could send to one they controlled. I rate your theory as doubtful.
- Stevvo 3y agoPlausible the motivation was pure malice rather than financial gain.
- smolder 3y agoI think the idea is that if they did that, they'd be caught? There are mixers and monero and stuff, but maybe that's not enough.
- jtxx 3y ago+1, it's gotten pretty easy to do bitcoin tracing these days IIRC. there's definitely cash out methods but for this large of a sum, seems like it'd be difficult?
- nullc 3y agoAn address is essentially a random number, it would be as safe to send to a random number they generated as one that Satoshi generated. Now using it further from there might indeed be problematic... but also a champaign problem.
- OJFord 3y agoYes but random throws someone random under the bus (potentially) and doesn't carry the bragging rights GP suggests.
- azubinski 3y agoThis is the absolute of virtuality - everything is letters and numbers on a screen, but you still don’t have any spoon, Neo, because there is no spoon at all. Yep, fingers are fat for sure, but the sense is different, it's a kind of fat greasy meat fingers.
- jamesrom 3y agoThe best way to share a dollar with everyone is to burn it. http://www.aaronsw.com/weblog/tdk http://www.aaronsw.com/weblog/tdk
- lxgr 3y agoWith all other dollar holders, proportional to their holdings, in any case. Not exactly effective charity.
- j4yav 3y agoThat was a great read, thanks for sharing.
- Graziano_M 3y agoI read the whole article, thought it was great, then went to follow the author, only to realize it was Aaron Schwartz :(
- thendrill 3y agoAaron Swartz, RIP <3
- outwit 3y ago"Out of options, it’s no wonder the series ends with his staged suicide." :(
- deleted 3y ago[deleted]
- lostmsu 3y agoThis only helps people holding BTC though.
- Stevvo 3y agoI doubt this was accident. There are plausible reasons someone might want to burn crypto. Smart contracts often send coins to 0x0 to destroy them for a variety of reasons. On Ethereum the 0x0 address holds many millions in ETH and various other assets; it's built into the design of some tokens to make deflationary assets.
- squigglydonut 3y agoIt sounds like just a burning
- quickthrower2 3y agoJust burning a mill, nothing to see here!
- lp4vn 3y agoIs bitcoin still a thing? Is the fad over already? Has anyone found any use for it except making money exploiting people's greed with the promise that you will get rich just buying a digital token?
- quickthrower2 3y agoProbably edge cases like illegal stuff and privacy stuff (VPN subscription, for example). Other than that regular money works better for buying stuff!
- Offpics 3y agoYes, anyone who is rich and want an asset that can't be taken from them by goverment. Apparently also people in countries without easy access to bank accounts.
- tim333 3y agoStill a thing. Making money exploiting people's greed also still a thing.
- quickthrower2 3y agoMy conspiracy theory: copy/paste error
- spullara 3y agoWow, even crypto crimes have gone down bad. Only $1.3m???
- deleted 3y ago[deleted]
- 2-718-281-828 3y agothis has elon musk written all over it
- sampa 3y agosomebody has shorted btc and sent this transaction hoping the crowd goes crazy 'satoshi is back, now he'll dump all his bitcoins, SELL!!1!' didn't work. because anybody can send money to any address, doesn't prove a thing
- jncfhnb 3y ago### target wallet address ### remember to replace with your own before sending coins!
- mortallywounded 3y agoIs January 5th a day of relevance in Bitcoin's history? Could it be an homage of some kind?
- mortallywounded 3y agoAlternative theory, it was simply a mistake. Party A explains how to send bitcoin to them but used a well known wallet address in their documentation/guide (Satoshi's). Party B didn't use Party A's address and committed a bad case of copy-pasta.
- BLanen 3y agoExactly what I was thinking. Someone somewhere along the line someone accidentally just used Satoshi's address copied from some docs. May even just be a low-information buyer.
- lxgr 3y agoThat's my theory too. A very similar thing used to happen with people accidentally using a QR code linking to a popular blog post or something explaining QR codes ("PLEASE INSERT QR CODE HERE --ed."). Somewhat hilariously, even Google's (discontinued) Titan security key had this type of blunder in its Bluetooth software: It was using the example key from the Bluetooth specifications for all keys, making them vulnerable to man-in-the-middle attacks [1]. [1] https://cve.mitre.org/cgi-bin/cvename.cgi?name=CVE-2019-2102 https://cve.mitre.org/cgi-bin/cvename.cgi?name=CVE-2019-2102
- mortallywounded 3y agoIt's a tale as old as time. The NSA did it as well [1]. "Here's an example implementation with some example random seeds wink wink." [1] https://www.schneier.com/blog/archives/2007/11/the_strange_sto.html https://www.schneier.com/blog/archives/2007/11/the_strange_s...
- lxgr 3y agoThat's arguably a bit different, though. Shared security parameters work just fine for some applications; we use them all the time in ECC, for example. Obviously avoiding them is preferable, but isn't always possible. But importantly, using shared parameters is required by some protocols. On the other hand, using somebody else's URL, email address etc. or symmetric encryption key by mistake and assuming it'll work for you as well is just that: A mistake.
- husamia 3y agohelp to establish Binance as a leader in the cryptocurrency industry that supports the early pioneers of bitcoin. Making a donation in Satoshi's name may be seen as a way to honor the creator of bitcoin
- DANmode 3y agoIf anything, without the story, this just makes Binance more sketchy.
- thx 3y agoI read on twitter a theory about this having to do with a Satoshi doxxing event [1] [1] https://x.com/attorneyjeremy1/status/1743842422285562336?s=20 https://x.com/attorneyjeremy1/status/1743842422285562336?s=2...
- poyu 3y agoThis would only work assuming the IRS knows who Satoshi is, if they live in the States at all. One would also have to proof to the IRS that you own the addresses, do they understand public key cryptography?
- thx 3y agoi have no idea if they understand public key cryptography but think they probably could hire someone who does think a general (perhaps mythos) belief is that hal finney is satoshi so in essence, there are definitely blockchain detectives
- thrill 3y agoThe difference between burning a million dollars and a million dollars of Bitcoin? One of those simply gets printed back into existence when it's convenient to someone else's whim.
- lxgr 3y agoPeople who search for "my QR code" also searched for: "my bitcoin address".
- dzhiurgis 3y agoWho's a billionaire and likes to throw 420.69 around?
- Paul_Stegg 3y agoWhat if Satoshi is alive and well; is actually a person and not some government agency;and wants this deposit to be a show of good Faith that BTC is it's finally becoming the new third leg of currency The digital gold that backs all crypto?
- yetanother12345 3y agoIn other news Bitcoin and crypto stocks came under pressure early Wednesday as the market continues to wait for spot bitcoin ETF approvals by federal regulators, which are expected to come around Jan. 10. [0] https://www.investors.com/news/crypto-plays-tumble-ahead-of-imminent-bitcoin-etf-approval/ https://www.investors.com/news/crypto-plays-tumble-ahead-of-...
- Wharleed03 3y ago[flagged]
- Wharleed03 3y ago[flagged]