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In the history of Bitcoin, there is a mystery that has kept investors, analysts, and governments on edge for 15 years. It concerns Satoshi Nakamoto's wallets, which hold about 1.1 million BTC.
These coins have never moved. No incoming or outgoing transactions. Absolute silence.
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🔹 Why is this important?
Today, 1.1 million BTC at a price of $110,000 per coin is $121 billion. Such an amount makes the 'Satoshi reserve' comparable to the fortunes of the richest people on the planet.
If these coins are ever put into circulation, a catastrophe awaits the market.
But for now they are motionless — they serve as a force of strategic deterrence.
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🔹 Four possible versions
1. Hal Finney = Satoshi
The first person to receive a transaction from Satoshi.
He fell ill with ALS in 2009 and died in 2014.
The probability that he was indeed Satoshi is estimated to be over 90%.
2. Keys lost
Even if Satoshi is alive, there is no access to a million BTC.
This forever eliminates the threat of a 'massive dump'.
3. Negligence at the start
In 2009, no one thought about billions.
Satoshi could have simply forgotten to save the private keys or considered them 'test ones'.
4. Global project
Conspiracy theory: the coins are frozen by the special services.
Somewhere in an Alpine bunker lies a cold wallet guarded by the army.
At the right moment, this 'Pandora's box' can be opened.
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🔹 Pandora's box
If even 1 satoshi from these wallets moves:
The media will raise a panic,
the market will collapse by tens of percent,
conspiracy theories will begin: 'Who did this?'
And if the entire reserve moves — it could cause a global financial collapse.
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🔹 Financial equivalent of a nuclear briefcase
Satoshi's reserve has become what nuclear weapons are to the world:
it exists,
no one uses it,
but the very fact of its existence changes the rules of the game.
Thus, 1.1 million BTC:
while they are dead — Bitcoin is developing,
but everyone knows: 'there is a button' that can collapse the system.
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📌 Conclusion:
Satoshi's reserve is not just forgotten wallets. It is a legend, a myth, and at the same time a tool of strategic deterrence.
And it is this mystery that makes Bitcoin even more unique — it has become not only a financial instrument but also an object of global geopolitics.#BTC 
⚠️ Disclaimer: Markets = risk. This is not financial advice, but my personal observations.