Apparently, bros from 2014 are still moving and selling their BTC in 2025. It begs the question of how many BTC are still in the hands of people who purchased them in the early days.
Many wealthy people most likely have cryptocurrency locked away in wallets, and some of them may have forgotten the keys or are deceased. I believe that if every lost BTC is discovered, we will have more in circulation, on exchanges, and elsewhere, and many people could be financially free by now.
The news reported that a specific wallet transferred 80k BTC and was traced back to a tax evader arrested last year. Government agency hates tax evaders, and they're almost making sure that these people do not have assets in crypto.
It makes you wonder how someone in prison can move money. Wait a minute, if he was smart enough to hold BTC from 2014, he is probably smart enough to have someone move the BTC on his behalf. He is a classic example of a diamond hand, assuming he actually owned the 80k BTC that was transferred.
I find it shocking that an individual owns such an amount of crypto, although it wouldn't be as shocking if he bought it 11 years ago, because they'll probably be dirt cheap, and then held till now. We're all probably alarmed that 80K BTC is a lot, but it actually isn't, since it was bought a long time ago.
However, perhaps this guy is involved in another shady business, which is why he was arrested last year; perhaps the government discovered he had 80K BTC and was evading taxes. It is impossible to be wealthy and remain unknown. At the same time, it is concerning that they could track a wallet to him without KYC and all that.
Again, rich people who default or try to go against the law are always found out.
Trust me, the government always has a tech bro or a crypto guy; all they need to do is trace your wallet or check the patterns, and they will get it. 80k BTC is a large sum of money, and I probably do not want to start doing the math.
Let us ignore the fact that this man has tax issues with the government and instead focus on the fact that he was convicted for eleven years and held his hand for so long. Diamond hands are rare in this space, and before you start saying "ohh it is BTC and not altcoin," remember that person was selling 500 BTC back in the day to buy pizza, with no conviction or nothing.
It is like telling someone that Hive will be worth $50 in 9 years, and by then, they will have probably left with everything they own, perhaps pitched their tent in some other shiny tech with no substance, all in the name of looking for greener pastures.
There are no greener pastures anywhere, but in crypto we're mostly convinced there are, even though all we have to do is stay locked in and have conviction. The biggest crypto losers are those who sold BTC for pizza; while we can try to make excuses for their mistakes, ignorance cannot be used as an excuse; unfortunately, there are consequences for conviction.
I will probably have also sold BTC for BTC, which anyone can do, especially if it was back in 2014. In reality, conviction is difficult. If it were easy, crypto would have made everyone wealthy; however, it is not. I understand that this saying is already a cliche, but I do not believe we express it well enough. No one gets rich in crypto without discipline, doggedness and convictions, sadly it's probably Only 5% of people in crypto that'll truly get rich. This post is not really about the man who owned 80k BTC, but about having convictions for eleven years.
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