Comment on Peter Todd in hiding after being “unmasked” as bitcoin creator
RatherBeMTB@sh.itjust.works 11 months agoThere is an easier way, just sign something with Satoshi’s private key and no one will have a doubt that you are Satoshi. No need for all this ridiculous drama.
LodeMike@lemmy.today 11 months ago
Technically that’s the same thing. Both are signatures with a private key.
RatherBeMTB@sh.itjust.works 11 months ago
Agreed, except that moving coins costs money while signing something with the private key doesn’t.
NotMyOldRedditName@lemmy.world 11 months ago
Both actions would cost billions more than the any amount they would move or a signed transaction.
The price would crash knowing those coins were back in play.
It’d be a huge influx of potential coins.
olympicyes@lemmy.world 11 months ago
That’s not accurate. Any serious investor would assume the coins still exist and could be moved. Selling the coins would roil the markets but that’s no different than if someone with a majority stake in a stock (eg DJT) were to dump their shares.