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My point was not that he currently has them, it's that if any person were to have them, they'd have been sold a long time ago.
by Permit 14y ago
My point was not that he currently has them, it's that if any person were to have them, they'd have been sold a long time ago.
- NkVczPkybiXICG 14y agoWhy would he sell real bitcoins for fake fiat? This is Satoshi we're talking about, not your average joe. To him, USD is riskier than BTC.
- danpat 14y agoTrue, to a degree, but day-to-day living still requires normal currency. Cash out $1M USD and you'd be comfortable to do whatever you liked for quite some time, while still keeping 99% of his coins.
- jacquesm 14y agoI think there may have been an element of sarcasm in the GP.
- saalweachter 14y agoAlternatively, sell half your remaining BTC every time they double in value relative to the USD. Infinite money!
- waterlesscloud 14y agoSomeone cashed out $1 million overnight. Dundundun!
- jcoder 14y ago> This is Satoshi we're talking about I'm used to cult of personality on HN, but cult of anonymity is a novel thing! Who is Satoshi, and why do you put so much trust in them? What if I told you that "Satoshi" was brilliant quant working on Wall St., who came up with a scheme to invent an asset, give it incredible unreasonable value, then cash out for that value in USD, all while spinning a clever narrative about decentralized cryptocurrency for a new world?
- robryan 14y agoIf that were true it would be even more impressive.
- Andrew_Quentin 14y agoYes. I suppose we could try a game of making Satoshi look bad. Anything except for sex and murder, go...
- mh- 14y agothat's some powerful delusion.