Bitcoin Forum

Satoshi donate some of the 1.500.000 bitcoins for Greece plsssssssssssss :)

Sure.

as nice as the idea behind that is.

unfortunately greece wouldnt deserve those btc.. look at the way they act after getting >100B in fiat...they need to get their shit together before getting more.

I'm pretty sure that if Satoshi was against the bank bailouts in 2008-2009, he is against Greek bailouts.

Doesn't seem like Satoshi would be one to finance profligate spenders in Greece through bailouts given the message in the genesis block.  Hard money like bitcoin is pretty much the opposite of fiat and deficit spending like most of the governments of the world are embracing.

And next month again the same amount or more?

He should still do a global giveaway. What the hell does he need 1.5 million for.

He probably disappeared to avoid being inundated with countless begging letters and being accosted everywhere he goes by people asking him for free bitcoins. If you had 1.5 million bitcoins would you give them away to the members here?

The Greeks have to work hard to earn the btc. If Greek adopts btc as the only legal tender, I will donate some.

Lol and what makes you think he has/had 1.5 million of bitcoins? No way.

That's the most stupid idea I've heard in a long time. Satoshi won't definitely not help countries run by corrupt and incapable governments.

http://bitcoin.stackexchange.com/questions/25806/how-many-coins-does-satoshi-have (http://bitcoin.stackexchange.com/questions/25806/how-many-coins-does-satoshi-have)
http://www.quora.com/How-many-Bitcoins-does-the-creator-of-Bitcoin-Satoshi-Nakamoto-have (http://www.quora.com/How-many-Bitcoins-does-the-creator-of-Bitcoin-Satoshi-Nakamoto-have)
http://motherboard.vice.com/blog/bitcoin-mints-its-first-billionaire-satoshi-nakamoto (http://motherboard.vice.com/blog/bitcoin-mints-its-first-billionaire-satoshi-nakamoto)

you must be kidding, neither satoshi have 1 million bitcoin nor Greece deserves it

Well it could be anybody else that discovered it, and he is already dead probably so these btcs are gone forever=more value!

Well hes right, he should give it away for the community so it cannot be accused as a bitcoin elite and bad distribution.

Satoshi is either a government or the NSA or some other organisation. He is not just some guy.

This isn't speculation section  ::)

What would be the point of anyone helping Greece other than Greece itself? Theyre spending money they dont have and they threathen to leave EU! One big lol there.
I would rather send bitcoins to a non existant address than to donate to that financial black hole.

cheers

Why should he?
Greeks should wörk and pay their debts to Germoney ;D

Greece got themselves into this mess, and need to learn to take responsibility and fix their situation. Giving them bitcoin would not help them, only possibly delay the inevitable even more, plus they would most likely cash it all out and the fiat would disappear almost instantly. From what I have seen, a lot of people that get into debt and end up declaring bankruptcy to get a "clean slate/bailout" only end up going back into debt again and often end up in bankruptcy again.

IF Satoshi does still have access to most or all of these coins, with a purchasing power of $200-$1000 each, you have a lot of power you can use to make further changes to certain things in this word, like charities, research, science etc, but I would not want to donate or use these bitcoins until the ecosystem for bitcoin is finally established, so that those you send bitcoin to, continue to use it as bitcoin for purchases and expenses instead of cashing out.

Then like mentioned previously, if he ever got found out and it was confirmed he had a lot of coins still, he would be bombarded by beggars, scammers, threats etc. I for one hope he is never found, but still alive, and would like to see some of his coins used in the distant future for good.

President of Greece mr karamanlis sign 50% haircut of Germany loan back in 1953

http://www.onalert.gr/image/?w=630&src=/files/Image/ONALERTPHOTOS/HISTORY/ECONOMY/karamanlis_xreos_german.jpg

this is from history. And the recent Greek loans was not go to save the Greeks but to save the Europe Banks because they has too many Greek govt bonds.
The only big mistake that has done the Greeks back in 2008 is that he didn't follow the example of iceland but he do what the Europe leader told them

What Satoshi (will) do with his own bitcoins is his own business. Stop the gossip about this. If he was so brilliant to put up the bitcoin protocol, he will do a very wise use of his resources, no matter what.

Valid Point.

Greece should jail all those PASOK / ND criminals, who helped the European banks stole hundreds of billions of Euros from the Greek people. Satoshi's stash, even if it is worth $3 billion, represents less than 1% of the total Greek debt.

yes and while he's at it i demand he send some of his coins to me and the change to 1BitcoinEaterAddressDontSendf59kuE

This would just make greece the country cash out instantly cause they need the money. Not good for the market unless you donate to each person individually.  Maybe thats what you meant.

Great idea for Greek but I don't see why this will be good idea either for us (bitcoin community) or Satoshi.
Their huge debts and now conflict with EU is because of their economic and political elite and this is mostly political issue in eU now.
Bitcoin should stay away of politics and support average man to become financial free.freed from ''big'' banks, government, politics etc.

There is a lot of theories , one of them he maybe lost his private keys and he is unable to access his BTC (unprobable since he is too smart for that) . Still ... Greece don't really deserve this donation , they aren't that poor . Africain countries who are dying deserve it .
Or he could simply enjoy with his money ;D but that would reveal his idendity *a billionaire from no where*

~ Madness

If that would happen, bitcoin would collapse (at least its price) and Greece will not get better.
What Greece needs is a big huge internal change.

I don't think Satoshi's keys are or have ever been in the hands of the sort of person who could just "lose" them.

However, there are good odds that the inventor of the "Satoshi" identity is the kind of person who could make a hard decision and delete them once and for all when he decided that job was over.

It's very simple; if you don't want to be tied to the identity, you have to make sure there's no evidence.  Not even in your own possession.  That means giving up the money and not taking credit for the work, but then I've seen no evidence whatsoever that "Satoshi" ever gave a crap about personally having the money, or for that matter the credit.

Indeed. They just don't have to cry but work for there money. Without the EU the country would be bankrupt already and now they don't want to pay the loan back. Unthankful dogs.

Basically almost every goverment spending money they dont have and increasing dept. Basically Bitcoin is for responsible people and as a society we are far from being responsible.

Why donate 1 500 000 bitcoins for Greece?
I think building schools hospitals in Africa is much better.

Both will be useless.

If you donate the money to Greece, it will constitute for less than 1% of the debt and will be insignificant.

If you use the money to build schools / hospitals in Africa, they will soon be destroyed in civil war. Even if they are not immediately destroyed, these institutions will never be able to recruit qualified staff.

I doubt he would, what with him being against bail-outs. :-[

What's the point? Greece seems pretty fucked one way or the other

I will like to have ad least 1 can some one pleas :P ;D

I think that Satoshi was pay bey the germans to make bitcoin, why i think so, because Germany was the first country to accept Bitcoin like his own currency
, so i think that Satoshi is not his real name, just another worker for the OTAN to take down the power of USA, that is why it took sow long for the US to accept BITCOIN my fanpage is coming soon

There are a lot of poor children who don't even get enough to eat and need donation more than Greece.

You are talking as if there isn't a lot of people in greece that don't have enough to eat.

I don't think he has access to those any more, if he did I think he would either spend them himself or help some other people by now. Imagine how much you could help homeless or staving people with all those Bitcoins. He could do something like Bill Gates and change the world for the better little by little.

It doesn't seem likely that "satoshi" is just one person anymore.  It also seems possible if he was (and is even still alive), then he doesnt have access to the coins any more.

and some to Italy, Spain and France please!!!!!!!

am being a little selfish here but some to me too please!!!!!!

I dont think he/they are stupid enough to lose that much amount of btc forever.

I don't think he/she/they are stupid enough to keep that amount of btc forever.

Well apparently it didnt move as seen on the blockchain.

It is a drop in the Ocean of Greek's debt.
Wouldn't make a difference to Greece and will end up depressing bitcoins' price.  ;D

who is satoshi ? where is he ? how do you know he own this much money ? satoshi was just a annoyimus name who make the botcoins probably no one knows where he is and he really own this much money

Not if Greece decided to adopt bitcoin as the national currency..

Yeah, I'm not near my wallet at the moment.  I'll send it later. Leave an address.  ;)

Why !

;D ;D That's pretty cool. Did you make that?

It was made by someone else. And now every picture has that picture with either the fake satoshi, or Keprpeles inside it.

I saw this posted in offtopic but without Dorian's face lol.

I would rather see all the coins get distributed to charitable organizations or business startup into bitcoin business. That would be more relevant.

BTC start up only. And these coins should not go to exchanges. They should remain in BTC circulation.

even if satoshi plans to donate that much bitcoins to some country then better he donate it to a tech supporting country, a country that strongly believe in bitcoin and announce bitcoin as its official currency after this donation
it will god for that country and bitcoin world

I don't know how we can make a clear definition out of that. Most important that country must be willing to support bitcoin all the way and that means tied it back to their national fiat currency. Essentially if they decide to print or issue a certain amount of fiat, the bank must have an equivalent amount of coins in their holding before they are allowed to do that.

Would kill bitcoin economy just like its killing EU atm..

I dunno, Satoshi hasn't been paid for his invention yet. So maybe the first thing he would need is to get paid. Possibly collect royalties first. Everything else is yet to be considered.

LOLOLOLOLOLOL. I think I know more than you think I know.  ;)

I used to regularly see estimates of 1 Million+ BTC for the big man, but those figures could be way off.

It's at least 900K bitcoins.  Possibly some number up to 1.3M bitcoins.

No address we can associate with Satoshi has ever spent a single dang coin except in a couple of test tx he sent to Hal Finney way back in the wayback.

Royalties..?
It is open source man.  :)

Beside the fact that Bitcoin is open source, Satoshi himself doesn't need any royalties.

He has plenty enough Bitcoins to retire on if he wanted to.  :D

Tell them to join in with Africa then. People would turn on their TVs and see an address from the Greek President saying "Sorry to break it you, but you guys are Africans now."

Vaourfakis has extended their period until june, it's pretty pointless, it's clear greece is going to default, if only they adopted bitcoin on the side, that could make  things less dramatic.