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deafsquid69 | 4 years ago

The keys can move without the coins moving. Think of it like the ultimate Casascius coins. There's no way to know whether or not Satoshi cashed out. I can't find the thread, but I'm pretty sure Adam Back even said this on bitcointalk and said that that would be how he'd move the money if he were Satoshi.

discuss

order

mbreese|4 years ago

That’s true, but if someone bought the keys, then they’d be more likely to start moving/spending the coins.

anonAndOn|4 years ago

How to dodge transaction fees and internet sleuths in one pass: Put a bitcoin in a wallet and sell the wallet.

Cantinflas|4 years ago

How could that work? If I sell you a private key, then you get the private key, and I get the money... and the private key. You either move them right away or risk me moving them (or me selling the private key again to another guy)