As a seasoned crypto investor with a penchant for the digital gold rush, I’ve witnessed firsthand the rollercoaster ride that is Bitcoin. The latest surge to $98,000 has left me awestruck and somewhat envious of Satoshi Nakamoto, the pseudonymous creator who finds themselves among the world’s wealthiest individuals.
Bitcoin, the leading and most valuable cryptocurrency, has now exceeded $98,000, pushing its mysterious creator, Satoshi Nakamoto, into 18th place on the list of the world’s wealthiest individuals. As mentioned earlier, Satoshi was previously ranked as the 19th wealthiest person globally.
On Thursday, Bitcoin hit an all-time peak of $98,370, representing its fourth consecutive day of growth. This upward trend not only boosted the portfolios of investors but also considerably enhanced the affluence associated with Bitcoin’s anonymous inventor, Satoshi Nakamoto.
As a researcher delving into the dynamic world of cryptocurrencies, I recently discovered an intriguing fact: Given Bitcoin’s astronomical price surge, it is estimated that Satoshi Nakamoto’s holdings would rank them among the top 18 wealthiest individuals globally, as per the calculations of Bitcoin historian Pete Rizzo.
HISTORY: AT $97k #BITCOIN, SATOSHI NAKAMOTO IS NOW THE 18TH RICHEST PERSON IN THE WORLD
— The Bitcoin Historian (@pete_rizzo_) November 21, 2024
Just now on Twitter, Rizzo posted that if Bitcoin is valued at $98,000, then Satoshi Nakamoto would rank as the 18th wealthiest individual globally.
It’s widely thought that Satoshi Nakamoto owns around 1.1 million Bitcoins, and given that Bitcoin’s current value is more than $98,000 per coin, his wealth is estimated to be over $107 billion. This massive fortune has moved him up the list of the world’s wealthiest individuals, placing him at number 18.
Satoshi’s identity remains mystery
Although Satoshi Nakamoto is known as one of the richest people globally due to creating Bitcoin, their real identity continues to be shrouded in secrecy. This enigmatic figure unveiled Bitcoin through a whitepaper in 2008 and mined the initial block in January 2009. After working with early developers for a few years, Nakamoto chose to disappear from public view.
23rd April, 2011 saw the creator of Bitcoin send an email to a fellow Bitcoin developer, informing him that he had shifted focus to other projects and expressed confidence that the future of this digital currency would be securely managed.
The Bitcoin fortune attributed to Satoshi Nakamoto exists solely in theory, since none of the coins linked to their accounts have ever been transferred. Whether or not the inventor of Bitcoin will reappear and cash out or utilize this wealth is one of the most intriguing open questions within the cryptocurrency community.
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2024-11-21 17:14