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0 sats \ 0 replies \ @TheBTCManual 17 Sep 2023 \ on: If satoshi came back today and sent the genesis BTC to a CEX. What will happen? bitcoin
Lol a few people would panic and frame it as bad news, that he/they are going to rug us all, but the fact remains its only a 21 million cap and millions of Bitcoin has already been lost already so its always going to be less than that available, sure the float could expand temporarily and suppress the market has supply exceeds demand but the price would lower to a point where we are gobbling up his sats and the coins just redispurse and on we go :)
Also one miner should make a pretty penny for securing the block where Satoshi moves his coins other than that not too bothered