The Real Reason Satoshi Never Touched Bitcoin

Arguably, the biggest mystery of not just cryptocurrency but the entire financial market is Satoshi Nakamoto

No one knows his identity, and he disappeared in the blink of an eye in 2011 and has never been heard from again.

What happened to him?

We may never know the full truth about Satoshi Nakamoto's identity.

There is still a question that has plagued the cryptocurrency market for more than a decade.

Why did Satoshi never touch his Bitcoin wallet?

Many speculate that Satoshi intentionally treated his Bitcoin wallet as a burned currency. He destroyed the wallet key in order to maintain the decentralization of Bitcoin.

After all, the maximum supply of Bitcoin is 21 million. If Satoshi himself owns millions of BTC, then this would account for a large portion of the Bitcoin supply. The end result is that Satoshi could pose a huge threat to Bitcoin in the future if he decides to sell Bitcoin.

In fact, this is considered one of the biggest potential FUD threats that Bitcoin could face in the future.

Many claim that Satoshi Nakamoto's abandonment of Bitcoin and never touching his Bitcoin again is arguably his most significant contribution to Bitcoin besides the actual creation.

Other theorists believe that Satoshi was somehow locked out of his wallet accidentally.

Lost the key, the device, or both.

Both theories about why Satoshi never touched his Bitcoin make sense.

But I think everyone is wrong.

There is a different and more important reason why he never touched that Bitcoin wallet.

He was putting Bitcoin to the test in public.

The Ultimate Test of Bitcoin Security

Anyone can easily see how many Bitcoins are in Satoshi’s wallet. BTC is a public ledger after all. Knowing that there are millions of Bitcoins in the wallet is equivalent to billions of dollars at the moment.

He invited hackers to do whatever it takes to crack the password and break into his wallet to gain control of his Bitcoins.

Hackers have done everything possible to crack Satoshi’s wallet and still have not succeeded. This is a true testament to how secure the Bitcoin network is.

What about you? Why do you think Satoshi never touched his Bitcoins?