989
submitted 6 months ago by misk@sopuli.xyz to c/technology@lemmy.world
you are viewing a single comment's thread
view the rest of the comments
[-] JasonDJ@lemmy.zip 12 points 6 months ago* (last edited 6 months ago)

Satoshi is estimated to have wallets totaling as much as 1.1 million btc. That would make them the 26th richest person in the world.

If, Satoshi and the wallets actually still exist. Most of those wallets have been completely idle since they were mined

I imagine that “Satoshi’s Wallet” is the stuff of legends among cryptographic security researchers.

[-] Artemis_Mystique@lemmy.ml 10 points 6 months ago

The ONE PIECE is real /s

[-] zergtoshi@lemmy.world 3 points 6 months ago

It's a bit more than just an estimate. If you want to know more, have a look here: https://bitslog.com/2013/04/17/the-well-deserved-fortune-of-satoshi-nakamoto/
The keys to the addresses exist. Whether someone is in control of them is unclear. It can't be proven that they've been lost.

[-] JasonDJ@lemmy.zip 1 points 6 months ago* (last edited 6 months ago)

Ok I was kind of dumbing it down when I said “if the wallet exists”, but yeah, obviously a wallet and key “exist”, but whether or not anyone actually has them is unknown.

Really sucks for Satoshi, too. If the keys are still in someone’s position, they can’t use it, because people are watching those wallets like hawks and if they move, that means there’s a new billionaire. For a brief moment. Until Bitcoin takes a massive nosedive from which it’ll never recover.

That must be some special kind of hell. To be an actual billionaire (and truly of their own making, which is even more rare) but not able to spend a cent of it. Spending it instantly reduces its value and likely kills the very thing that created it. Man, that’s like a Monkeys Paw billionaire.

this post was submitted on 09 Feb 2024
989 points (97.1% liked)

Technology

57226 readers
4012 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots


founded 1 year ago
MODERATORS