Leo
@lsn
It seems reasonable to demand tradition due diligence on Bitcoin for a strategic reserve. What is the risk that Satoshi dumps on the US? 1%? 2% That would be expensive and wildly embarrassing. On the other hand, you can’t help but feel crypto is the start of a new era where traditional centres of control no longer exist. Oozification. The world has changed. Gotta get with the programme.
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Njal
@cryptonjal
Imo knowing that SN is alive would be disastrous. From the Satoshi era there are wallets most likely connected to SN because of the use of different software to mine, and the mining pattern from all those wallets (The Patoshi Pattern). However he could have wallets with used in mining with regular software. If so, he can dump BTC on the market without someone nothing. If all his BTC is in these Patoshi Pattern wallets he could have the keys or he trown them away. If he has the keys, and wasn't tempted to sell them he isn't greedy. So, that keeps use with changed believes, or forced because of lack of money (e.g. loss of income during an economic crisis; would be ironic if it happened because of DOGE). So, the risk is never zero, but higher in a bear market than in a bull market (imo).
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Leo
@lsn
Indeed. Theres something to be said for the fact that these wallets had plenty of time to sell at crazy prices but haven’t moved. But that doesn’t count for much.
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