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RE: Satoshi's nest egg is worth a cool $5 billion at current prices

in #bitcoin7 years ago

Actually his last message was "I am not Dorian Nakamoto" in 2014. The most likely person to be Satoshi Nakamoto is the late cryptographer Hall Finney. He received the first Bitcoin transaction and had the neighbor called Dorian Satoshi Nakamoto. If he wasn't Satoshi, he knew who was.

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If he really was the creator, and he is dead, I wonder who, if anyone, has access to those coins. Maybe some next of kin? Do they even know what it is? If it was lost or destroyed then that means for all intents and purposes there will only be 20M BTC ever available...

You know, there are a lot of lost bitcoins, not just this possible milion. Quite a lot of people lost huge amounts on hard drives or usb flash drives in the early days. Some people just lost their private keys.
It is estimated that 4-5 mil BTC are already lost forever.

Yea that makes sense, back then it wasn’t a big deal if you lost a bunch of BTC because they weren’t worth much. All even more reason that the price still has a lot of room to grow.

If he really was the creator, and he is dead, I wonder who, if anyone, has access to those coins. Maybe some next of kin?

Even if Finney was Satoshi, and even if he were still alive, there is no evidence that those blocks were mined by him, or that he preserved those keys even if he did mine them.

I wonder how many BTC it would cost in the near future to be brought back to life?
"Hal Finney died in Phoenix August 28, 2014 and was cryopreserved by the Alcor Life Extension Foundation.[2][16][17]" wiki

Brilliant reply and piece of information, thanks for sharing! Maybe we are one piece of the puzzle closer to solving the mystery!?! ;) Namaste :)

Interesting. Was that confirmed to be from the same person/person's as the other previous interactions were?