Let me quote something that Mr. Hal said when someone asked him regarding th first transaction.
When Satoshi announced the first release of the software, I grabbed it right away. I think I was the first person besides Satoshi to run bitcoin. I mined block 70-something, and I was the recipient of the first bitcoin transaction, when Satoshi sent ten coins to me as a test. I carried on an email conversation with Satoshi over the next few days, mostly me reporting bugs and him fixing them.
Today, Satoshi's true identity has become a mystery. But at the time, I thought I was dealing with a young man of Japanese ancestry who was very smart and sincere. I've had the good fortune to know many brilliant people over the course of my life, so I recognize the signs.
- first transaction was of 10 BTC
- the person was personally in contact with Mr. Satoshi since he did contact him on mail
- He has no idea about the secret identity therefore very well those approximate 5$ that you mentioned could have very easily been +/- in Bitcoins too since there is no mention that they went into a bank account.
- plus the guy was technically working with the man therefore I do believe that over the course he did know the person even if he didn't ,we have no proof that the person sent that money to any specific account therefore we should leave it at that.
_*_
Thank you both, I thought that he sent them for money. So basically Satoshi didn't sell a single bitcoin that period. I wonder if he believed that by hodling them he would become rich. If that's so, he would be the first hodler.
Now something else that I'm concern about is how he paid for the domain name. Even on anonymousspeech.com, you had to make a payment somehow, cryptocurrency did not exist those days. How he paid for bitcoin.org?
I do think even if he used a fake bank account or something like that , it's between The sender and the recipient therefore there is a privacy there. We will never know ~
But on the other hand it is never hard to actually create multiple bank accounts and since , since the KYC and everything is mandatory NOW but before it was easy to even create an account which does not need much information.
He could have very easily used the fake identity to do that
On 18 August 2008 he or a colleague registered the domain name bitcoin.org, and created a web site at that address. On 31 October 2008, he published a paper on the cryptography mailing list at metzdowd.com describing a digital cryptocurrency, titled "Bitcoin: A Peer-to-Peer Electronic Cash System
This is interesting , I do believe he asked someone else to pay ^