Satoshi Nakomoto Owns 1m Bitcoins, and Has The Potential To Become The Richest Man In The World

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To date, the uncertainty behind Satoshi Nakamoto is still the absolute enigma of the cryptocurrency world. Since releasing the Bitcoin Whitepaper 9 years ago as of yesterday, Satoshi Nakamoto actively participated in the development of Bitcoin up until December of 2010.

Since then, Satoshi Nakamoto disappeared without a trace and has not resurfaced since. Disappearing with Satoshi, is 1 Million Bitcoins.

With Bitcoins hitting an all time high of USD$6.6k today, that makes Satohis Nakamoto's net worth at around US$6.6 Billion, while holding 1 in 21 of all Bitcoins in existence, including the ones are lost and ones that have yet to be mined.

As if that isn't impressive enough.

No one knows who or where he is, or what his intentions are. Given that at some point, Satoshi Nakamoto decides to flood the market with his Bitcoins, he could very well tank the price of Bitcoin.

I don't see why he would do that however, no reason for him to kill his own baby.


Potentially The Richest Man In The World


Ben Yu, a Bitcoin investor living in San Francisco, says Nakamoto's stake in Bitcoin is even more significant.

"If Bitcoin fulfills its role of becoming a global currency, then Satoshi Nakamoto would likely be the richest person in the world and also hold a proportionately higher share of the ultimate supply of Bitcoin than something like the US government holds in gold today," said Yu.

Yu's math works out. The US government holds the most gold reserves of any other entity in the world, at about 8,000 tonnes.

That's a little over four percent of the world's total supply, less than Nakamoto's five percent stake in Bitcoin.

This of course, hedges on the fact that Bitcoin actually reaching the point of worth that much.

Nonetheless, it is really is a modern day mystery of how one person, be potentially one of the richest human beings alive, and yet no one has any idea who he is, what he may do in the future, or if he is even alive.

What a truly crazy world we live in.

UPDATE : Since the writing of this post, Satoshi Nakamoto has intrigued me so much that I have decided to do super in-depth research into Satoshi Nakamoto and produce a super post covering as much as possible about Satoshi Nakamoto! I have spent 3-4 days just researching and crafting this post and intend to post it this coming Monday so stay tuned!

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