I know why Satoshi is keeping 1 million bitcoins

in #bitcoin6 years ago

Many people attack bitcoin with the fact that satoshi keeps 1ml coins for his return to the fiat world. That's ridiculous. With Andreas Antonopolous’s view of how dangerous ETF is, I think I know why he holds that.

Bitcoin custody holds your coins for you, and those in oblivion will really hand over their coins to receive an IOU note from government. And fiat will rule all over again. However, people won’t understand what rights satoshi has given to them until they lose it. It’s inevitable, though unfortunate.

Nevertheless, no matter how hard ETF will try, with all the wealth from those in oblivion combined, it won’t get 1/3 of a million bitcoins Satoshi has. Then, he’ll give people another chance.

So, it maybe a bitcoin resurrection fund.

There’s also another possibility. When governments’ effort to find him makes it uneasy to hide, he may pay Elon Musk to go to Mars with that fund, and think of another way there.

Just for fun. Not a serious article LOL

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