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

in #bitcoin • 7 years ago

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...

7 years ago in #bitcoin by
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     7 years ago 

    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.

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     7 years ago 

    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.

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     7 years ago 

    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.