| I doubt it’s the fastest way a super intelligent AI could make money though.
Uhm, Satoshi has 1 million bitcoins, which is $6.8B right now. He has made that over 9 years. How many other companies / people have done that? This is a ridiculous outlier. What kind of human wouldn’t start using that money by now? May be a very wealthy billionaire, may be a large company, or may be AGI. But the probability it’s one of the first two that doesn’t care about a few extra billion dollars decreases every day.
Dead humans. (Who didn’t manage to leave the coins to their heirs.)
Cryonically preserved humans hoping to use them later. (Including an obvious specific candidate.)
Humans optimistic enough about Bitcoin to think current prices are too low. (We know Nakamoto had resources, so it seems a safe bet that they could keep living on ordinary means for now.)
And the obvious: you don’t know that all of Nakamoto’s coins fit the standard assumed profile. It’s entirely possible they intentionally mined some with the regular setup and are spending a few from that pool.
Uhm, Satoshi has 1 million bitcoins, which is $6.8B right now. He has made that over 9 years. How many other companies / people have done that? This is a ridiculous outlier. What kind of human wouldn’t start using that money by now? May be a very wealthy billionaire, may be a large company, or may be AGI. But the probability it’s one of the first two that doesn’t care about a few extra billion dollars decreases every day.
Obvious kinds of humans include:
Dead humans. (Who didn’t manage to leave the coins to their heirs.)
Cryonically preserved humans hoping to use them later. (Including an obvious specific candidate.)
Humans optimistic enough about Bitcoin to think current prices are too low. (We know Nakamoto had resources, so it seems a safe bet that they could keep living on ordinary means for now.)
And the obvious: you don’t know that all of Nakamoto’s coins fit the standard assumed profile. It’s entirely possible they intentionally mined some with the regular setup and are spending a few from that pool.