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Ask HN: Why do people care about Satoshi Nakamoto's identity?
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Re: Ask HN: Why do people care about Satoshi Nakamoto's identity?
#12Estimates place the size of Satoshi Nakamoto's holdings at between 600,000 BTC and 1.1 million BTC. The vast majority of Satoshi Nakamoto's wallets received a 50 BTC block reward and have remained dormant since. If those resources were to come into play, it could cause a major disruption of the value of bitcoin.
(For the lazy, that's between $33.5B and $61.5B, at current exchange rates.)
Re: Ask HN: Why do people care about Satoshi Nakamoto's identity?
#13Fairly few people do, but some of them can't seem to shut up about it. Media outlets like the cheap clicks too.
It's also like those cheap "reddit comments" that are discouraged on HN-- the sort of thing anyone can comment on which most people will find mildly interesting.
The discussion threads are usually low in insight and even contain a lot of outright falsehoods, but the people involved are having fun.
Re: Ask HN: Why do people care about Satoshi Nakamoto's identity?
#14Estimates place the size of Satoshi Nakamoto's holdings at between 600,000 BTC and 1.1 million BTC. The vast majority of Satoshi Nakamoto's wallets received a 50 BTC block reward and have remained dormant since. If those resources were to come into play, it could cause a major disruption of the value of bitcoin.
Also someone with that much wealth probably owes some tax somewhere. He's pretty much El Dorado.
He hasn't spent anything. Do any countries have taxes on assets instead of income?
Re: Ask HN: Why do people care about Satoshi Nakamoto's identity?
#15Re: Ask HN: Why do people care about Satoshi Nakamoto's identity?
#16I don't personally care about his identity.
As a layman I think its cool that there's some mystery dude who built something cool, "valuable" (debatable), and then disappeared.
I'd honestly be disappointed if his identity is ever revealed. Even worse would be if it turns out to be some d bag we all know lol.
Re: Ask HN: Why do people care about Satoshi Nakamoto's identity?
#17i always thought it was that Swiss guy living in Tokyo
Re: Ask HN: Why do people care about Satoshi Nakamoto's identity?
#18because it's a tale of intrigue!
Re: Ask HN: Why do people care about Satoshi Nakamoto's identity?
#19It's all money laundering. The creators are probably Russian oligarchs and mobsters. There is no Satoshi, just Ivan, Vladimir, and so on.
Re: Ask HN: Why do people care about Satoshi Nakamoto's identity?
#20It's all money laundering. The creators are probably Russian oligarchs and mobsters. There is no Satoshi, just Ivan, Vladimir, and so on.
Gotta get demand up for their fossil fuel based economy somehow!