this post was submitted on 09 Feb 2024
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[–] zergtoshi@lemmy.world 3 points 9 months ago (1 children)

It's a bit more than just an estimate. If you want to know more, have a look here: https://bitslog.com/2013/04/17/the-well-deserved-fortune-of-satoshi-nakamoto/
The keys to the addresses exist. Whether someone is in control of them is unclear. It can't be proven that they've been lost.

[–] JasonDJ@lemmy.zip 1 points 9 months ago* (last edited 9 months ago)

Ok I was kind of dumbing it down when I said “if the wallet exists”, but yeah, obviously a wallet and key “exist”, but whether or not anyone actually has them is unknown.

Really sucks for Satoshi, too. If the keys are still in someone’s position, they can’t use it, because people are watching those wallets like hawks and if they move, that means there’s a new billionaire. For a brief moment. Until Bitcoin takes a massive nosedive from which it’ll never recover.

That must be some special kind of hell. To be an actual billionaire (and truly of their own making, which is even more rare) but not able to spend a cent of it. Spending it instantly reduces its value and likely kills the very thing that created it. Man, that’s like a Monkeys Paw billionaire.