It might be like a TV drama, destroying the keys to this wallet early for the future of the encrypted world.
天佑交易悟道
--
Satoshi Nakamoto's wallet address holding approximately 1.096 million bitcoins has remained untouched for over 16 years, and there are several possibilities for this, analyzed as follows:
1. Satoshi Nakamoto may no longer be alive or has lost the private key: If Satoshi has passed away and the private key has not been obtained by others, or if he accidentally lost the private key, then these bitcoins will remain permanently frozen and cannot be moved.
2. To avoid being tracked and market impact: Satoshi's identity has always been a mystery; once he utilizes these bitcoins, blockchain analysts worldwide may instantly identify him, which could trigger a dramatic drop in bitcoin prices and may also lead to global regulatory agencies questioning relevant tax issues.
3. Adherence to the decentralized philosophy: Before suddenly "disappearing" in 2011, Satoshi stated that he had handed over responsibility to Gavin Andresen and would no longer participate in the project. Some believe he created bitcoin to disrupt centralized finance, and this wealth is more like a "decentralized totem" he left for the world, so he does not care about money and will not move these bitcoins.
4. There may be other wallets that have achieved financial freedom: Blockchain experts believe that in the early stages of bitcoin, Satoshi may have used over 20,000 different wallet addresses to manage his bitcoins, and it is possible that he has achieved financial freedom through other wallets, making it unnecessary to move the coins in this main wallet.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.