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Neovim have a ~$800k Bitcoin donation sitting untouched since 2023

320 points · 277 comments · jakemanger

  1. wyclif · · focus · HN ↗
    The project no longer uses that Bitcoin wallet for bounties.
    1. ricardobeat · · focus · HN ↗
      What does that mean for that donation, and why is the wallet still listed on the website?
      1. ramijames · · focus · HN ↗
        I think that a large part of the priced in "value" of Bitcoin is just lots and lots of Bitcoin that nobody can access anymore.
        1. abirch · · focus · HN ↗
          Bitcoin's supposed to be "liquid" but I'm wondering what happens when there's a forced liquidity event.
          1. altmanaltman · · focus · HN ↗
            I mean, it's the opposite of that; it's forced illiquidity when people lose access to their keys. There is no way to gain access to those coins and you cannot "force" liquidity on the bitcoin protocol.
          2. eru · · focus · HN ↗
            What do you mean by forced liquidity event?
            1. abirch · · focus · HN ↗
              If people are trading bitcoin on margin or if Strategy is forced to sell a large percentage of its holdings.
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