Popescu, for those who knew him, was utter scum. A sociopathic narcissistic villain, it's hard to feel anything but relief that the world is now better with his passing. If you have doubts as to the validity of my characterization, a few minutes reading his blog (trilema) will prove enlightening.
One of the largest owners of Bitcoin, reportedly held over 1B dead at 41
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Re: One of the largest owners of Bitcoin, reportedly held over 1B dead at 41
#12Now if I understand correctly, unless someone inherits a private key of his, his bitcoins are effectively dead now, right? I wonder how this will impact the economics of cryptocurrencies over time: I'm starting to see more and more reminders to congratulate dead people on work anniversaries on LinkedIn, and it feels quite morbid.
I don't think anybody is stupid enough to keep $1 Billion in some wallet protected only by their private key. That would mean putting themselves in great danger.
Or even dead at 41
Re: One of the largest owners of Bitcoin, reportedly held over 1B dead at 41
#13Popescu, for those who knew him, was utter scum. A sociopathic narcissistic villain, it's hard to feel anything but relief that the world is now better with his passing. If you have doubts as to the validity of my characterization, a few minutes reading his blog (trilema) will prove enlightening.
dont ever be glad that a man has died
- Chuck Conner in the Rifleman
Re: One of the largest owners of Bitcoin, reportedly held over 1B dead at 41
#14Now if I understand correctly, unless someone inherits a private key of his, his bitcoins are effectively dead now, right? I wonder how this will impact the economics of cryptocurrencies over time: I'm starting to see more and more reminders to congratulate dead people on work anniversaries on LinkedIn, and it feels quite morbid.
That's one of the sources of a deflation. Bitcoin was purposely made as a deflationary currency, so it does not change anything.
Re: One of the largest owners of Bitcoin, reportedly held over 1B dead at 41
#15Popescu, for those who knew him, was utter scum. A sociopathic narcissistic villain, it's hard to feel anything but relief that the world is now better with his passing. If you have doubts as to the validity of my characterization, a few minutes reading his blog (trilema) will prove enlightening.
Come on
Re: One of the largest owners of Bitcoin, reportedly held over 1B dead at 41
#16Popescu, for those who knew him, was utter scum. A sociopathic narcissistic villain, it's hard to feel anything but relief that the world is now better with his passing. If you have doubts as to the validity of my characterization, a few minutes reading his blog (trilema) will prove enlightening.
It may be the way I was brought up, but, you know, the guy is dead. He can't defend himself. Especially from nameless attackers. Just leave him alone.
Re: One of the largest owners of Bitcoin, reportedly held over 1B dead at 41
#17Now if I understand correctly, unless someone inherits a private key of his, his bitcoins are effectively dead now, right? I wonder how this will impact the economics of cryptocurrencies over time: I'm starting to see more and more reminders to congratulate dead people on work anniversaries on LinkedIn, and it feels quite morbid.
I don't think anybody is stupid enough to keep $1 Billion in some wallet protected only by their private key. That would mean putting themselves in great danger.
I was infact this stupid. I lost 2.2M
Re: One of the largest owners of Bitcoin, reportedly held over 1B dead at 41
#18Now if I understand correctly, unless someone inherits a private key of his, his bitcoins are effectively dead now, right? I wonder how this will impact the economics of cryptocurrencies over time: I'm starting to see more and more reminders to congratulate dead people on work anniversaries on LinkedIn, and it feels quite morbid.
If he didn't have a backup plan in place to be accessible by his estate, then yes, the coins are dead. The coins dying with him are actually the best case scenario for all other holders. "Lost coins only make everyone else's coins worth slightly more. Think of it as a donation to everyone." - Satoshi Nakamoto
not really sustainable though is it?
Re: One of the largest owners of Bitcoin, reportedly held over 1B dead at 41
#19Popescu, for those who knew him, was utter scum. A sociopathic narcissistic villain, it's hard to feel anything but relief that the world is now better with his passing. If you have doubts as to the validity of my characterization, a few minutes reading his blog (trilema) will prove enlightening.
dont ever be glad that a man has died - Chuck Conner in the Rifleman
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Re: One of the largest owners of Bitcoin, reportedly held over 1B dead at 41
#20Popescu, for those who knew him, was utter scum. A sociopathic narcissistic villain, it's hard to feel anything but relief that the world is now better with his passing. If you have doubts as to the validity of my characterization, a few minutes reading his blog (trilema) will prove enlightening.
dont ever be glad that a man has died - Chuck Conner in the Rifleman
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