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Is this a big deal? Are there possible repercussions (positive or negative) for the author of Bitcoin? Are there possible repercussions for Bitcoin itself?
by swombat 13y ago
Is this a big deal? Are there possible repercussions (positive or negative) for the author of Bitcoin? Are there possible repercussions for Bitcoin itself?
- mcintyre1994 13y agoApparently this guy has almost a million bitcoins [1]. Since there will apparently only ever be 21 million (and that by 2040), he has a disproportionate amount of the currency that will ever exist. Not everybody wants to be outed as having over $100million, but that probably pales in comparison to what could hypothetically happen if somebody/an organisation wanted to destroy the currency. He could probably single handedly do it and would be a very obvious target. [1]http://www.theverge.com/2013/5/6/4295028/report-satoshi-nakamoto http://www.theverge.com/2013/5/6/4295028/report-satoshi-naka... EDIT: Added the source I forgot. And whoever downvoted this, could you explain why? I think it's reasonable to assume that certain people may dislike Bitcoin, and that the guy holding 5% of the lifetime supply is an obvious target.