Comment on Peter Todd in hiding after being “unmasked” as bitcoin creator
RatherBeMTB@sh.itjust.works 3 weeks 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 3 weeks ago
Technically that’s the same thing. Both are signatures with a private key.
RatherBeMTB@sh.itjust.works 3 weeks ago
Agreed, except that moving coins costs money while signing something with the private key doesn’t.
NotMyOldRedditName@lemmy.world 3 weeks 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 3 weeks 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.