Cryptocurrency News & Discussion

The original post: /r/cryptocurrency by /u/Snoo_92843 on 2024-10-04 08:54:47.

I'm no expert on cryptocurrency and quite new, but I've wondered what might happen if Satoshi Nakamoto's wallets were ever activated. It's estimated that Satoshi owns around 1 million Bitcoin, which, at today's value, is an enormous amount.

Whether it's a small withdrawal or the movement of the entire amount, I can't help but think about the potential impact on the crypto markets, investor confidence, and even the broader financial system. Could it cause panic selling, destabilize the market, or have other unforeseen consequences? I'd love to hear people's thoughts on this intriguing possibility."