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Satoshi cannot spend his fortune. If he did, it would be visible on the blockchain and bitcoin's price would collapse.

• khalic 6mo ago
  That’s not how you use that kind of wealth. You take loans with the fortune as collateral… come on that’s pretty basic stuff
  • randerson 6mo ago
    You still have to pay the interest from somewhere. And presumably you'd need to put the coins into some kind of escrow so that the lender can get their money back even if you conveniently forget your private key.
  • prettyblocks 6mo ago
    In this case it's not basic stuff. You would need to prove that you own the actual bitcoin or transfer it for it to be collateral on a loan. It's the same as spending it.
    • khalic 6mo ago
      Why are you framing this as the only solution? There are many many other ways to secure a guaranty
• sheevy 6mo ago
  their wealth is not in a single wallet, but rather in 20k wallets. So instead transferring bitcoin, they could just hand out access those wallets.
  • bfmalky 6mo ago
    Sure. So just a case of 'trust me bro' on both sides. What could possibly go wrong?
  • Thorrez 6mo ago
    The receiver will immediately move the bitcoin. So it has the same downside. If the receiver doesn't immediately move the bitcoin, the receiver is at risk of Satoshi stealing them by retaining the private key and moving them later. Even if the receiver trusts Satoshi, if the receiver wants to spend the bitcoin on anything, there's the same problem again.