Global Feed Post Login
Replying to Avatar PaddleManJoe

What if Satoshi didn't burn his keys to the stash and is just waiting for hyper bitcoinization before he starts to spend it? The ultimate premine.

Imagine the power he would have over the world economy if we were on an established Bitcoin standard. If he spent it all in a year, he would command 5.3% of the world's wealth and resources.

Doubt the inflation event would disrupt much of anything. Especially when compared to how the US Dollar doubles in supply every couple years. And Satoshi would only be able to do that once. Well deserved wealth, we all enter Bitcoin at the price we deserve.

Avatar
Legion XXI 2y ago

Yeah, then he would be a cold blooded man made of steel 😄

Reply to this note

Please Login to reply.

Discussion

Avatar
PaddleManJoe 2y ago

Ridiculous self restraint if he didn't burn the keys. Of course he probability has a different stash that he stacked a few years later and could be using that for day to day spending. He knows that if he used his big stash for something he would have a good chance of doxxing himself.

Thread collapsed