this post was submitted on 09 Feb 2024
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[–] [email protected] 48 points 10 months ago (3 children)

Whoever Satoshi was, I wonder how he's responding to the thought that he's personally contributed more to global warming than the average billionaire.

[–] [email protected] 12 points 10 months ago* (last edited 10 months ago) (2 children)

Satoshi is estimated to have wallets totaling as much as 1.1 million btc. That would make them the 26th richest person in the world.

If, Satoshi and the wallets actually still exist. Most of those wallets have been completely idle since they were mined

I imagine that “Satoshi’s Wallet” is the stuff of legends among cryptographic security researchers.

[–] [email protected] 10 points 10 months ago

The ONE PIECE is real /s

[–] [email protected] 3 points 10 months ago (1 children)

It's a bit more than just an estimate. If you want to know more, have a look here: https://bitslog.com/2013/04/17/the-well-deserved-fortune-of-satoshi-nakamoto/
The keys to the addresses exist. Whether someone is in control of them is unclear. It can't be proven that they've been lost.

[–] [email protected] 1 points 10 months ago* (last edited 10 months ago)

Ok I was kind of dumbing it down when I said “if the wallet exists”, but yeah, obviously a wallet and key “exist”, but whether or not anyone actually has them is unknown.

Really sucks for Satoshi, too. If the keys are still in someone’s position, they can’t use it, because people are watching those wallets like hawks and if they move, that means there’s a new billionaire. For a brief moment. Until Bitcoin takes a massive nosedive from which it’ll never recover.

That must be some special kind of hell. To be an actual billionaire (and truly of their own making, which is even more rare) but not able to spend a cent of it. Spending it instantly reduces its value and likely kills the very thing that created it. Man, that’s like a Monkeys Paw billionaire.

[–] [email protected] 10 points 10 months ago (1 children)

Probably not thinking about it on his yacht that he doesn’t pilot or maintain, having built the most successful grifter scheme of all time

[–] [email protected] -5 points 10 months ago* (last edited 10 months ago) (3 children)

It's a drop in the ocean compared to how much energy the banking industry uses.

[–] [email protected] 11 points 10 months ago (1 children)

Watch out! Lemmy is full of Fudd that are not part of the cult. You need actual data to convince them and not even just the comparison of 2 numbers but something that takes into account the comparative size of both industries.

Don't worry, you will be able to laugh at them after your gambling addiction pays up.

(Jk you might not even be a line goes up guy but you do seem to have a lot of the crypto bible memorized)

[–] [email protected] 3 points 10 months ago (1 children)

I can't tell if these crypto people (comparing the energy use of banking to Bitcoin) are dumb, or if they think everyone else is.

[–] [email protected] 4 points 10 months ago
[–] [email protected] -3 points 10 months ago (3 children)

Banks use negligible electricity lmao

[–] [email protected] 12 points 10 months ago (2 children)

Yeah. 600k Branches, 1 million atms, data centers..

[–] [email protected] 4 points 10 months ago

Including everything, about a million times less energy per transaction than crypto.

[–] [email protected] 4 points 10 months ago

yup, tho they also serve more people than crypto bros, about 100,000 times as many

[–] [email protected] 10 points 10 months ago

the banking industry

Might want to brush up on that reading comprehension.

[–] [email protected] 5 points 10 months ago

I think this is the most forced 'lmao' I have ever read