I think satoshi nakamato is a single man and he is still alive
i also think he's a time traveler he got a idea to create a digital assets in 90s , that century no one have a time to spend a think and reading
book with coffee these times people go to work make some money
He is still alive in his home , and binance owner CZ know who he is and both frends .
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Topic: Do you think Satoshi got rid of his private keys? - page 2. (Read 746 times)
I think we will find out and the group say CIA that developed it will rug pull BTC around 2032 or 2036 by simply moving the coins to coinbase and selling them off. I consider this very possible. at least a 50-50 shot of being true.
I will be 79 if I am around in 2036 lets see if I am correct.
I will be 79 if I am around in 2036 lets see if I am correct.
It is not the first time I hear a similar theory, that bitcoin was created by the CIA or similar agencies, and in this case you do not mention it but it is said that it was to make people more willing to accept CBDCs, which seems to me a crazy theory at all.
Do you have any data or evidence to support it or are you just saying that because it popped into your head?
Well, that's kinda pointless discussion since we're not gonna find it out and that's all just pure guessing. And I think that Satoshi is dead by now. I hope he's not, but that sounds logical.
I think we will find out and the group say CIA that developed it will rug pull BTC around 2032 or 2036 by simply moving the coins to coinbase and selling them off. I consider this very possible. at least a 50-50 shot of being true.
I will be 79 if I am around in 2036 lets see if I am correct.
The mystery of Satoshi Nakamoto will go on forever until we can be sure who and where he is whether dead or alive. I think for now we are already beyond the time when some fake people are claiming to be the real guy...we already know that Craig Wright is the Wrong one. As for me, if he is not dead then he is hiding his identity so well and since he has not touched any of BTC under his control then maybe he is not interested with it. Now, if he is dead then this is the end of the story though speculations on many facets of this man will continue to circulate for people's curiosity and entertainment.
There are three possibilities:
1. He still has the private keys.
2. He does not have them or cannot access them (this includes his death without leaving them in inheritance).
3. He got rid of them on purpose, as a donation to the rest of Bitcoin holders. Recall his "lost Bitcoin is a donation."
Obviously I am referring to the million Bitcoins or so attributed to him for having mined them at the beginning. If Satoshi is still alive (or if they are still alive) I am sure he has a good amount of Bitcoin but that nobody links with Satoshi's name.
I think the most likely is option 3. Just as he started up Bitcoin for humanity and stepped away from the project I think at some point he purposely disposed of the keys to those Bitcoins, either for privacy, as a donation, or both. I find it hard to believe that someone as careful as he was would lose the keys and not have multiple backups.
1. He still has the private keys.
2. He does not have them or cannot access them (this includes his death without leaving them in inheritance).
3. He got rid of them on purpose, as a donation to the rest of Bitcoin holders. Recall his "lost Bitcoin is a donation."
Obviously I am referring to the million Bitcoins or so attributed to him for having mined them at the beginning. If Satoshi is still alive (or if they are still alive) I am sure he has a good amount of Bitcoin but that nobody links with Satoshi's name.
I think the most likely is option 3. Just as he started up Bitcoin for humanity and stepped away from the project I think at some point he purposely disposed of the keys to those Bitcoins, either for privacy, as a donation, or both. I find it hard to believe that someone as careful as he was would lose the keys and not have multiple backups.
In fact Satoshi Nakamoto is a mysterious character and subject of discussion and speculation on various social media platforms frequently. Unfortunately, despite numerous attempts, his identity could not be established, as of today he remains an anonymous person. It is possible, though I may be mistaken, there was a powerful entity behind creation of Bitcoin who is hiding behind Satoshi. The ultimate revelation may occur when the Bitcoin holdings associated with Satoshi's wallet are eventually moved or used for selling purpose in the distant future.
Until such a times comes, the mystery surrounding Satoshi Nakamoto and Bitcoin origins remains a source of curiosity for crypto community.
But do you think if we find out his real identity, will it be good for bitcoin or bad for bitcoin? In my opinion, his decision to remain completely anonymous is completely correct and benefits us all. So I consider it a blessing for all of us.
Bitcoin is designed to be decentralized and anonymous so what Satoshi is doing is completely right, it is good for him and for bitcoin. Try comparing bitcoin and shitcoin on the market, shitcoins all have public leaders and development teams. It's all centralized, other than being used for speculation there's no other benefit, so Satoshi's decision to remain anonymous is a good thing for bitcoin, not a bad thing.
Well, that's kinda pointless discussion since we're not gonna find it out and that's all just pure guessing. And I think that Satoshi is dead by now. I hope he's not, but that sounds logical.
I think no, Satoshi Nakamoto does not get rid of his keys. I chose 1, since I know it is the basic knowledge to keep our private key safe, and Satoshi being the developer knows the importance of it the most. I don't think Satoshi will wipe out his storage together with his private key just to show or say something. No one will ever waste and delete the fruit of his creation unless Satoshi is scheming something. And if he is scheming, he should have announced it to the public for more effect.
Your perspective on Satoshi Nakamoto and the necessity of safeguarding private keys makes sense. Even though we don't know who Satoshi really is. It is highly likely that the creator of Bitcoin well understood the significate of protecting the private keys. while most of the people think that he choose to stay hidden, some theories suggest the possibility of a constructed character to hide the involvement of strong organization or group that is behind the mystery of Bitcoin.
I think no, Satoshi Nakamoto does not get rid of his keys. I chose 1, since I know it is the basic knowledge to keep our private key safe, and Satoshi being the developer knows the importance of it the most. I don't think Satoshi will wipe out his storage together with his private key just to show or say something. No one will ever waste and delete the fruit of his creation unless Satoshi is scheming something. And if he is scheming, he should have announced it to the public for more effect.
Among the choices, I am inclined to think that it was the number 2.
I do not think that Satoshi will just leave the scene of Bitcoin development because it is his project and we see how focus he is in developing his product during the time when he is around. Then all of a sudden he poof and cannot be found anywhere. I think he is not with us anymore since I believe there is no creator that will abandon his project unless he is incapacitated. You can see how Hal devoted himself to Bitcoin development and even though at almost end of his time and is physically unable, he use the technology to at least participate in Bitcoin activity until he pass away.
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2. He does not have them or cannot access them (this includes his death without leaving them in inheritance).
I do not think that Satoshi will just leave the scene of Bitcoin development because it is his project and we see how focus he is in developing his product during the time when he is around. Then all of a sudden he poof and cannot be found anywhere. I think he is not with us anymore since I believe there is no creator that will abandon his project unless he is incapacitated. You can see how Hal devoted himself to Bitcoin development and even though at almost end of his time and is physically unable, he use the technology to at least participate in Bitcoin activity until he pass away.
There are three possibilities:
1. He still has the private keys.
2. He does not have them or cannot access them (this includes his death without leaving them in inheritance).
3. He got rid of them on purpose, as a donation to the rest of Bitcoin holders. Recall his "lost Bitcoin is a donation."
Obviously I am referring to the million Bitcoins or so attributed to him for having mined them at the beginning. If Satoshi is still alive (or if they are still alive) I am sure he has a good amount of Bitcoin but that nobody links with Satoshi's name.
I think the most likely is option 3. Just as he started up Bitcoin for humanity and stepped away from the project I think at some point he purposely disposed of the keys to those Bitcoins, either for privacy, as a donation, or both. I find it hard to believe that someone as careful as he was would lose the keys and not have multiple backups.
1. He still has the private keys.
2. He does not have them or cannot access them (this includes his death without leaving them in inheritance).
3. He got rid of them on purpose, as a donation to the rest of Bitcoin holders. Recall his "lost Bitcoin is a donation."
Obviously I am referring to the million Bitcoins or so attributed to him for having mined them at the beginning. If Satoshi is still alive (or if they are still alive) I am sure he has a good amount of Bitcoin but that nobody links with Satoshi's name.
I think the most likely is option 3. Just as he started up Bitcoin for humanity and stepped away from the project I think at some point he purposely disposed of the keys to those Bitcoins, either for privacy, as a donation, or both. I find it hard to believe that someone as careful as he was would lose the keys and not have multiple backups.
In fact Satoshi Nakamoto is a mysterious character and subject of discussion and speculation on various social media platforms frequently. Unfortunately, despite numerous attempts, his identity could not be established, as of today he remains an anonymous person. It is possible, though I may be mistaken, there was a powerful entity behind creation of Bitcoin who is hiding behind Satoshi. The ultimate revelation may occur when the Bitcoin holdings associated with Satoshi's wallet are eventually moved or used for selling purpose in the distant future.
Until such a times comes, the mystery surrounding Satoshi Nakamoto and Bitcoin origins remains a source of curiosity for crypto community.
This is one thing I have said in comments in other threads but I think it deserves a thread in itself to comment on, even if we can only speculate. I have searched and I see that it is usually claimed him to have lost them as most likely. In a quora thread the voted as best answer is:
There are three possibilities:
1. He still has the private keys.
2. He does not have them or cannot access them (this includes his death without leaving them in inheritance).
3. He got rid of them on purpose, as a donation to the rest of Bitcoin holders. Recall his "lost Bitcoin is a donation."
Obviously I am referring to the million Bitcoins or so attributed to him for having mined them at the beginning. If Satoshi is still alive (or if they are still alive) I am sure he has a good amount of Bitcoin but that nobody links with Satoshi's name.
I think the most likely is option 3. Just as he started up Bitcoin for humanity and stepped away from the project I think at some point he purposely disposed of the keys to those Bitcoins, either for privacy, as a donation, or both. I find it hard to believe that someone as careful as he was would lose the keys and not have multiple backups.
Based up on my own opinion and speculations then he might be still that possess those keys and it is really just that he didnt tend to make any movement out of it.Why? So here's the possible reasons.Quote
Statistically speaking, Satoshi Nakamoto is (in order of likelihood) either dead, in prison, incognito or not able to find the keys to his wallet.
My personal opinion is that he is incognito; I see him clearly as someone who lives alone with a dog, doesn't like doing housework, grows zucchinis in the summer, hates shoveling snow, has arthritis in his knees, doesn't own a smartphone, his neighbors think him odd, he loves buying discount books at the flea market on Sundays, he's active on the internet under a plethora of pseudonyms and will likely release some of his coins when bitcoin reaches $1,000,000.
My personal opinion is that he is incognito; I see him clearly as someone who lives alone with a dog, doesn't like doing housework, grows zucchinis in the summer, hates shoveling snow, has arthritis in his knees, doesn't own a smartphone, his neighbors think him odd, he loves buying discount books at the flea market on Sundays, he's active on the internet under a plethora of pseudonyms and will likely release some of his coins when bitcoin reaches $1,000,000.
There are three possibilities:
1. He still has the private keys.
2. He does not have them or cannot access them (this includes his death without leaving them in inheritance).
3. He got rid of them on purpose, as a donation to the rest of Bitcoin holders. Recall his "lost Bitcoin is a donation."
Obviously I am referring to the million Bitcoins or so attributed to him for having mined them at the beginning. If Satoshi is still alive (or if they are still alive) I am sure he has a good amount of Bitcoin but that nobody links with Satoshi's name.
I think the most likely is option 3. Just as he started up Bitcoin for humanity and stepped away from the project I think at some point he purposely disposed of the keys to those Bitcoins, either for privacy, as a donation, or both. I find it hard to believe that someone as careful as he was would lose the keys and not have multiple backups.
1. Once a single movement made by one of known Satoshi wallets then it would really be neither be creating that kind of boost up or fear within the market.
2. He wont really be tending to make a movement and exposing himself or identity specially on touching up those centralized platforms.
3. He do just simply observing and been happy on how far his invention do able to hit or reach about.
Even myself to be Satoshi then there's no way that people could stop or whatever considerations would be in speaking about taking up some
profits on something that you do created. lol
I don't buy the theory that Satoshi Nakamoto is a group of people. A group would have much more trouble to stay silently hidden and make no mistakes which could compromise their anonymity.
Sure, they could've decided early to not keep the private keys of their mined stash. Problem with that is, you can't prove that you don't have the keys. The amount of mined coins by Satoshi Nakamoto is enough to put everybody in a lot of danger should their identity become compromised. No one of such a group would be safe anymore, regardless whether they have the keys or if they truely don't have them. Who would believe them that they don't have them anymore?
The coins haven't moved, likely won't ever move. People keep throwing some of their coins to the coinbases of mined blocks that are attributed to Satoshi and thus piling up the "donation" to Bitcoin hodlers and bloating the UTXO set. Thank you, Satoshi!
Sure, they could've decided early to not keep the private keys of their mined stash. Problem with that is, you can't prove that you don't have the keys. The amount of mined coins by Satoshi Nakamoto is enough to put everybody in a lot of danger should their identity become compromised. No one of such a group would be safe anymore, regardless whether they have the keys or if they truely don't have them. Who would believe them that they don't have them anymore?
The coins haven't moved, likely won't ever move. People keep throwing some of their coins to the coinbases of mined blocks that are attributed to Satoshi and thus piling up the "donation" to Bitcoin hodlers and bloating the UTXO set. Thank you, Satoshi!
Satoshi Nakamoto still have his private keys and I strongly believe he is still alive. And I also believe that a trusted close friend or a family member knows the private keys of Satoshi. I will take the incognito of him even in the forum because there is no way Satoshi Nakamoto create bitcoin and a website for it and leave the site and relax, things are not working in that way. He is not dead and not in prison. If he is in prison we would have heard. As op said, this issue has been discussed in somewhere else in the forum.
Before getting that answer, you need to understand who Satoshi is for real. I personally believe that he's Hal Finney. Hal Finney is actually dead however her wife is using all his accounts.
I surely think Hal gave access to her and she does have access to the wallet which you are personally thinking is owned by Satoshi. If the coins are moved anytime now, that will be the confirmation of Hal being satoshi as all others who claimed to be satoshi could have done it as of now.
I surely think Hal gave access to her and she does have access to the wallet which you are personally thinking is owned by Satoshi. If the coins are moved anytime now, that will be the confirmation of Hal being satoshi as all others who claimed to be satoshi could have done it as of now.
The reason why he mined and saved almost ~1mln.BTC is because at that moment almost no one knew about the existence of bitcoin and Satoshi was the only one who mined btc for a long time (at that period).
Complete misconception!
Hal mined block 78 for sure and a lot of others on top of that, there are other known cases as block 3654 which was used as a way to troll Craig Wright and many others from earlier days.
Satoshi wasn't the only miner and he kept mining way too long for just security reasons
https://news.bitcoin.com/strong-evidence-suggests-a-single-entity-mined-more-than-1-million-bitcoin/
Another possibility would be that Satoshi isn't a he but a they, meaning that there's probably a group of people behind bitcoin and the Satoshi that's talking to us in the forum is just a person that's on the PR side of things or like the head of the project. I don't think that he got rid of his keys though, I am pretty sure that when Satoshi talked about the future of bitcoin having an increase in price although Satoshi talks more about larger fees, Satoshi knows what's up and Satoshi knows that it's not yet time. Or Satoshi really is just one person and that he's dead a long time ago.
And there is no reason to just get rid of the private keys, why would they get rid of the private keys? If they want to donate the Bitcoin, wouldn't be better to keep the private key, and send their Bitcoin to charity when the price is right?
It is different than idea for donation in this question as well as in a post of Satoshi Nakamoto. It is about lost bitcoins as donation everyone else who have bitcoins because it helps to reduce total circulataing supply of Bitcoin.It is different than sending it to an address of a charity entity and they will sell those bitcoins to have cash or exchange it to buy goods. At the end those donated bitcoin will be sold and it will affect market price and can not help to reduce circulating supply of Bitcoin.
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Statistically speaking, Satoshi Nakamoto is (in order of likelihood) either dead, in prison, incognito or not able to find the keys to his wallet.
My personal opinion is that he is incognito; I see him clearly as someone who lives alone with a dog, doesn't like doing housework, grows zucchinis in the summer, hates shoveling snow, has arthritis in his knees, doesn't own a smartphone, his neighbors think him odd, he loves buying discount books at the flea market on Sundays, he's active on the internet under a plethora of pseudonyms and will likely release some of his coins when bitcoin reaches $1,000,000.
My personal opinion is that he is incognito; I see him clearly as someone who lives alone with a dog, doesn't like doing housework, grows zucchinis in the summer, hates shoveling snow, has arthritis in his knees, doesn't own a smartphone, his neighbors think him odd, he loves buying discount books at the flea market on Sundays, he's active on the internet under a plethora of pseudonyms and will likely release some of his coins when bitcoin reaches $1,000,000.
This is a fact, I kind of agreed too.
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3. He got rid of them on purpose, as a donation to the rest of Bitcoin holders. Recall his "lost Bitcoin is a donation."
Those three points are very valid, but based on what Satoshi said about lost Bitcoin, I would preferably go with the last point. It could be that Satoshi disposed of the private key to some wallets that hold millions of bitcoins for him; if at all he is still alive and has access to some bitcoin, then it would not be a whole lot of bitcoin like those wallets that hold millions of bitcoins. I doubt if there is anyone who would create a technology like Bitcoin and would not hold a large sum of what they have created. Despite any sacrifices made for the success of that project, they (the developer) would still want to take share of the success. If at all Satoshi is alive, then there is no way he would not have some bitcoin in his custody.
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In mid-2010, Satoshi transferred bitcoin.org to Gavin Andresen. Andresen explained, “I started to submit code to Satoshi to improve the core system. Over time he trusted my judgment on the code I wrote. And eventually, he pulled a fast one on me because he asked me if it’d be OK if he put my email address on the bitcoin homepage, and I said yes, not realizing that when he put my email address there, he’d take his away. I was the person everyone would email when they wanted to know about bitcoin. Satoshi started stepping back as leader of [the] project and pushing me forward”.
Those people who are no longer active today (at least not on the forum) know very well why Satoshi decided to leave Bitcoin to them, because it was they who asked for it, which is quite evident from their communication. I already wrote that Satoshi must have felt all that negative energy, in addition to the fact that his main collaborator started to turn to the dark side (I'm referring to Gavin and his visits to places he shouldn't have gone), which he later described as a possible reason why Satoshi got scared, along with of course Wiki which started accepting BTC as donations and the famous comment "we touched the hornet's nest".
However, I wonder if it would have been different if Satoshi had left in 2012 or 2014 and not in 2010 - I think it's better if he left earlier, not only for "peace in the house", but also for his own safety.
What is the fact that in the early days Satoshi was nowhere near as popular as it is today - back then some were very openly calling for his "removal of authority", while today Satoshi is a true legend, and some like Gavin are not only no longer around Bitcoin, but they became hated figures because they were so "intelligent" that they started calling cheaters by his name.
To be honest I really think that those Quora's answer on OP's quote is a joke, lol. Either that or he watch too many post apocalyptic show. He describe Satoshi like someone from one of those show. For me, I never think Satoshi as an Individual, I think they are a group of people, and the name Satoshi Nakamoto is used as embodiment of an idea. More than that, I think they are just a regular people with great vision and engineering skills.
And there is no reason to just get rid of the private keys, why would they get rid of the private keys? If they want to donate the Bitcoin, wouldn't be better to keep the private key, and send their Bitcoin to charity when the price is right?
And there is no reason to just get rid of the private keys, why would they get rid of the private keys? If they want to donate the Bitcoin, wouldn't be better to keep the private key, and send their Bitcoin to charity when the price is right?
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