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Author Topic: If Satoshi Nakamoto wanted to collect his keys, how would he do it?  (Read 2321 times)
sgk
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January 27, 2015, 06:34:50 AM
 #41

But Satoshi was just a boy and he didn't take the key with him.

The key, huh?

Bitcoiners better hope that "key" isn't lost. That would make Satoshi's stash value-less, wouldn't it?

If the key is lost and Satoshi's million-BTC stash becomes value-less, Biycoiners will be more than happy.

In Satoshi's own words, it makes everyone else's Bitcoins more valuable. Think of it as a donation to everyone else.



Think about the apple and the tree. If the tree doesn't have any value, then the apples won't have value. "Value" is a made up thing, it's pure perception. If people found out Satoshi's cache was value-less, perception-wise, then Bitcoin is value-less.

Losing private keys to Satoshi's coins do not make them value-less. It only makes them inaccessible.


Tomato / tomato.... 


I know, but the OP doesn't make any sense when he says "If people found out Satoshi's cache was value-less, perception-wise, then Bitcoin is value-less."
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seriouscoin
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January 27, 2015, 06:36:44 AM
 #42

But Satoshi was just a boy and he didn't take the key with him.

The key, huh?

Bitcoiners better hope that "key" isn't lost. That would make Satoshi's stash value-less, wouldn't it?

If the key is lost and Satoshi's million-BTC stash becomes value-less, Biycoiners will be more than happy.

In Satoshi's own words, it makes everyone else's Bitcoins more valuable. Think of it as a donation to everyone else.



Think about the apple and the tree. If the tree doesn't have any value, then the apples won't have value. "Value" is a made up thing, it's pure perception. If people found out Satoshi's cache was value-less, perception-wise, then Bitcoin is value-less.

Losing private keys to Satoshi's coins do not make them value-less. It only makes them inaccessible.


Tomato / tomato.... 


I know, but the OP doesn't make any sense when he says "If people found out Satoshi's cache was value-less, perception-wise, then Bitcoin is value-less."


why would you expect a retard to make any sense?

Come on now
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January 27, 2015, 06:38:45 AM
 #43

But Satoshi was just a boy and he didn't take the key with him.

The key, huh?

Bitcoiners better hope that "key" isn't lost. That would make Satoshi's stash value-less, wouldn't it?

If the key is lost and Satoshi's million-BTC stash becomes value-less, Biycoiners will be more than happy.

In Satoshi's own words, it makes everyone else's Bitcoins more valuable. Think of it as a donation to everyone else.



Think about the apple and the tree. If the tree doesn't have any value, then the apples won't have value. "Value" is a made up thing, it's pure perception. If people found out Satoshi's cache was value-less, perception-wise, then Bitcoin is value-less.

Losing private keys to Satoshi's coins do not make them value-less. It only makes them inaccessible.


Tomato / tomato.... 


I know, but the OP doesn't make any sense when he says "If people found out Satoshi's cache was value-less, perception-wise, then Bitcoin is value-less."




Perception is everything.
sgk
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January 27, 2015, 06:39:14 AM
 #44

why would you expect a retard to make any sense?

Come on now

I might even start trolling him now...  an eye for an eye
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January 27, 2015, 07:05:50 AM
 #45

But Satoshi was just a boy and he didn't take the key with him.

The key, huh?

Bitcoiners better hope that "key" isn't lost. That would make Satoshi's stash value-less, wouldn't it?

If the key is lost and Satoshi's million-BTC stash becomes value-less, Bitcoiners will be more than happy.

In Satoshi's own words, it makes everyone else's Bitcoins more valuable. Think of it as a donation to everyone else.
It also rules out the possibility of Satoshi disrupting the market with his holdings in future.


i would love to see a million coins in 1BitcoinEaterAddressDontSendf59kuE
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