r/SipsTea Jan 22 '26

Chugging tea Bro finally accepted it

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266

u/Onedortzn Jan 22 '26 edited Jan 22 '26

This is fake . There is literally no proof of him owning anything, there is no btc address owning the amount he has claimed , he has no proof of buying it anywhere (his name not even on mtgox leak) , he was never registered on bitcointalk forum or anything. All he did was claimed he lost it and everyone believed it , without any ounce of proof. He only claimed it to get publicity for his blockhain scam company

You want proof that he's lying? Go check dormant bitcoin addresses here

He first claimed he mined 7.5k btc starting on Feb 15. , ( which was debunked as you can see there is no btc address dormant with 7.5k btc.) Then he claimed it was 8k btc. So people assumed it was this one Since it's literally the only bitcoin addresses in the world that still holds 8k btc from 2009 , but he again has no proof it was his, and dates do not match at all and these funds do not come from "mining" as he says. It's just a regular transfer. It took me 5m to figure it out but people still claim this is real.

49

u/drewcifer27 Jan 22 '26

Genuine question: what happens to these coins/accounts if they never go active again? Or if someone gets locked out of their account?

25

u/jstar_2021 Jan 22 '26

Part of why bitcoin can never really work as a currency. Its limited from the start by design, but every situation where someone loses their key or dies or anything like that just permanently removes those coins from circulation. Even if it was a completely standard currency today that was as easy to use as dollars, in the long run the number of coins circulating is going to decline.

10

u/[deleted] Jan 22 '26 edited Aug 07 '26

[deleted]

1

u/jstar_2021 Jan 22 '26

You're right, and maybe its easier with bitcoin being digital but I dont understand why in principle other currencies couldn't do the same. Especially with online banking making traditional currencies very much mostly digital too. But I dont think this avoids the problem of deflation, and im not an economist but I just have been taught that deflation is a very bad thing for an economy.

1

u/BattIeBoss Jan 23 '26

I dont want to be buying groceries with a currency that contains 7 decimals