The mystery still looms over the identity of Satoshi Nakamoto, the founder of Bitcoin. But one thing is certain: the 1.1 million BTC he accumulated
The mystery surrounding the identity of Satoshi Nakamoto, the founder of Bitcoin, continues to intrigue. However, one fact remains clear: the 1.1 million BTC he mined in the early days of the network have now accrued an enormous fortune.
As Bitcoin trades close to $92,605, his wallet is valued at over $101 billion. For perspective, this places him in the top 20 of Forbes’ ranking of the world’s richest people, surpassing several tech billionaires.
However, the most mind-boggling scenario would be a Bitcoin price of $320,000. In this case, Satoshi Nakamoto's wealth would exceed $352 billion, potentially making him the wealthiest individual in history, surpassing Elon Musk, Jeff Bezos, and others, including Bernard Arnault.
According to a joint study by BTC-ECHO and KPMG, more than 50% of professionals surveyed believe that a Bitcoin price of $320,000 by 2030 is a realistic scenario. This projection could also place Satoshi Nakamoto as the richest person on the planet.
Whether the blockchain creator deliberately chose not to spend his funds, lost access to his private keys, or has since passed away, this silence at least partially contributes to the legendary status of this enigmatic figure of Web3.
In the crypto sphere, few fortunes approach Nakamoto's. For instance, Changpeng Zhao (Binance) is estimated to hold around $63 billion, while the fortunes of Brian Armstrong (Coinbase), the Winklevoss twins (Gemini), or Vitalik Buterin (Ethereum) pale in comparison.
Ultimately, the fact that Satoshi Nakamoto owns the biggest BTC wallet while remaining anonymous sparks more rumors and interest than any other personality in Web3. A statue erected in Budapest in 2021 aptly summarizes this: a mirror-faced bust of Satoshi inviting everyone to see themselves in him.
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