alt Hacker Newswhy does everybody assume that whoever is Satoshi still has access to their wallet? It's absolutely possible whoever is Satoshi has simply lost the key.
We're talking new technology where you're running fast and loose. It's absolutely possible, and I'd say a big reason why someone would not want to admit to being Satoshi.
I'm Satoshi, but I also lost billions because I messed up a Debian upgrade.
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> I'm Satoshi, but I also lost billions because I messed up a Debian upgrade.
That would be very funny. I used to own a whole bitcoin when it was worth nothing.Didn't think it would be ever worth anything and formatted my hard drive to change distro.
Or what if Satoshi deliberately destroyed their key?
The motivations behind Bitcoin were clear.
All the wealthy people I know don’t really do it for the money. The money is the gauge or the metric they use to judge how well they are playing the game but what motivates them is the love of the game and their sense of purpose.
If someone was to truly believe that Bitcoin was going to be a gold/USD/Eurodollar/swift etc. replacement then their metric of success isn’t money if they got in early.
I commented elsewhere in this thread theorising that Satoshi could be the work of both Finney and Back. If that has any basis in reality, then it stands to reason that perhaps the wallet is locked away in a trust or at least legally unobtainable until certain conditions are met (e.g. Adam Back's passing). I can imagine a scenario in the future where a law firm makes a press release confirming they're in possession of Satoshi's wallet and have been instructed to liquidate and donate its proceeds.
It's entirely possible that Satoshi has deliberately destroyed the keys, but lost them? I doubt it. All these early cryptography guys were very conscious about keeping their keys secure, they discussed it endlessly.
Further, no one would believe them, and they'd still endlessly be a target for criminals. No benefit to revealing any information beyond mild dismissals, IMO.