Replying to Avatar Kazani

Satoshi himself can't use Bitcoin.

https://x.com/naval/status/1973630261876367364

Satoshi owns ~1M #BTC, but he can't use them.

Why? Because every #Bitcoin transaction is public. The moment Satoshi moves a coin, the whole world knows.

That's the paradox of Bitcoin: scarcity without privacy.

https://x.com/yoshi_v1/status/1973643095418827061

This is so retarded satoshi locked in those bitcoin for a reason. Then, he mined some more, and he used it without you knowing. His other coins that he mined and used are still out there duh.

nostr:nevent1qqs04td6qwxrkt4f7xaqushf90exrvn23umrq37j6u27etwqa0jjyzspzemhxue69uhkummnw3ex2mrfw3jhxtn0wfnj7q3qvm68u0w0uhyjsx6rd062u3pufzfa8sd30njsxg3lsppa80aalvhsxpqqqqqqzg4p73r

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Discussion

Yes, those were frozen to prop up the price. Doesn't mean he didn't have other ones.

Even if those coins end up moving, nothing happens because what's going to happen, they're gonna send it to an exchange. If it goes from wallet to wallet, kind of doesn't matter.

I also believe those keys are destroyed. No, one has keys to those coins. He didn't leave them to his kids. His wife, nobody, those keys got destroyed. My opinion.

It's also largely irrelevant. Even if they all get dumped in the market, at once, the market would quickly absorb them because of all of the open shorts and hungry holders, and you can't dump them twice.

Once and then it's over.