Blender
(BTC) Bitcoin News TodayNews

Satoshi Nakamoto Could Be One of The World’s Wealthiest Person

The digital asset space is always one go watch as prices move up at an impressive rate within short intervals. Bitcoin’s price of around $54,000 easily makes the creator one of the world’s wealthiest people, but that’s not all. Some analysis shows that the anonymous creator could be the world’s richest person when Bitcoin’s value skyrockets and possibly exceed the $180,000 cap.

Bitcoin’s current price has led to some reluctance amongst buyers as the price has not made notable gains in the past days. Still, experts believe that Bitcoin would hit a very incredible amount this year, helping investors make significant profits. While Nakamoto is unknown to the public, many have been monitoring his possible activities in the market.

Nakamoto could become the world’s wealthiest person

According to a new analysis, the crypto creator could become the world’s richest person if Bitcoin hits the $182,000 mark. Presently, the title goes between Elon Musk and Jeff Bezos, Amazon’s CEO, with a net worth of over $181 billion. Presently, Musk is slightly beneath Bezos, which could be due to the decreasing crypto value as Tesla has huge exposure to the digital asset.

📰  China Fights Financial Scams with Updated Fraud Rules

Musk is currently worth around $163 billion, and he owns a notable percent of the electric car-making company. The public got to know a little about the founder back in 2008 when the programmer released the crypto’s whitepaper under an MIT license.

Another notable event is Bitcoin’s mining, which occurred around 2009, and this could be said as the period that marks the creation of digital assets. As the first crypto, Bitcoin is very influential in the market, and its movement also causes some changes in the virtual asset space. The genesis block was mined around that time, and this was the birth of the cryptocurrency era, and its success brought in numerous other assets within the industry.

While the amount of Bitcoin Namakato mined is not very clear, some charts show that he has mined around 1 million BTC. If the creator has not sold the crypto and still has the 1 million BTC, then the creator’s net worth would be around $54 billion.

📰  Ripple Labs is Going Public, Says CEO of SBI Group

Bitcoin’s genesis block

With the world’s richest man being $182 billion, when Bitcoin becomes $182,000, then Nakamoto’s worth could move to around $182,000, which would exceed Amazon CEO’s current value. A year after Nakamoto mined the first set of Bitcoin, Sergio Demian released some of his research concerning the programmer’s movement and his possible mining amount.

The analyst believes that the creator has mined around 1 million or even more, according to him. However, he added that it was just an estimate as no one knows the exact amount.

Many people believe that Bitcoin would exceed its current value and could worth around $200,000 peak BTC. Although this would likely not happen now, as Bitcoin continues through, it struggles to retake its peak. Stock-to-flow charts believe Bitcoin has many growth potentials, and it believes that the digital asset could hit over $200,000 before the year ends. This could help Nakamoto become the world’s person.

📰  U.S District Court Dismiss Lawsuit Against Bibox

Adebayo Owotunse (Nigeria)

Adebayo Owotunse is a versatile writer who has written hundreds of crypto articles for dozens of agencies across the years. He is now also the newest addition to the Tokenhell writers team.

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button
Close