Does anyone know how Satoshi secures his coins?
Wallets weren’t really a thing yet back in the day. Lots of people got rekt as “early coiners” because it required such a higher level of technical acumen.
Where?
How?
Discussion
He kept them in his wallet.dat folder. Just a raw dog private key in an encrypted file on his computer.
I still have my .dat file from back in the days.
I secured it on an USB Stick (encrypted). Don't know if there are more clever ways on how to store a file securely.
That seems pretty clever to be honest.
I think sometimes about over-engineering BTC which can lead to more issues than just keeping it simple.
I think people who got in to BTC early lost their bags due to poor means of storage etc !
Happened to me as well with one of my many wallet back then 😅
Max K handed out thousands of coins, most likely on an encrypted USB stick, and people just lost them.
I also sent many coins to Buddy's. All of them are lost now. But I knew this will happen 😅
Its believed they destroyed that private key file
Who did?
The question I sometimes think about:
In a long enough timescale, will these coins ever move?
I think about Satoshi way more than I should. The recent email drop from the CW case messed with my head a little. So he is human? Satoshi is an actual person? With feelings & ideas?
What type of person would or could ever do what he did & remain completely anonymous. And who could technically do that, no crumbs left behind technically other than his million coins. A true ghost. Impossible.
I don’t know. I just don’t know.
He knew enough about good money to know he needed to step away at some point for it to work.
He obviously didn’t know when that day would be when he was bootstrapping it.
Wikileaks was more than enough heat to give him the push to disappear.
It would make sense for him to step away from and nuke ALL of his OG setup and infrastructure, maybe take a year break, then come back like a “noob” and obviously still reap the benefits of a Pleb from 2012.
Just a thought. Fun to think about.
That makes sense but it also doesn’t.
Name a human being in all of history that remained completely anonymous after creating something to change the world. I’ll wait.
It goes against human nature. I know it had to be done that way but I don’t know a single human being that could do that. Unless he killed himself.
The person that invented the wheel?
Nobody knows to this day who Ug was, the benevolent caveman who changed the world.
All we have are his cave scribblings on the stone carving message boards.
Yeah I don’t know anyone in history that doesn’t take credit for inventing/discovering shit. Even when it costs them their life.
It just flies in the face of what we know to be human nature. IMO.
Also, not one person has ever come forward to say they even knew Satoshi.
Fuck CW, I don’t mean retards.
Adam Back emailed etc but never spoke to or met him. And Satoshi was so forgettable that Adam disregarded some of his emails or at least didn’t overly prioritize them. Crazy crazy shit.
It just gave you a private key back then