In March 2021, Amazon founder Jeff Bezos will be the richest man in the world with a fortune of $181.6 billion.
Tesla CEO Elon Musk follows closely with $163.7 billion and owns more than 20 percent of the electric car maker.
How much is Satoshi Nakamoto’s BTC worth?
Satoshi Nakamoto, the creator of bitcoin, published the white paper on bitcoin under a public license from MIT in October 2008.
The 3rd. In January 2009, the first block of Bitcoin, known as the Genesis block, was mined. This marked the launch of the Bitcoin network, which kicked off the cryptocurrency and blockchain movement.
Although the exact numbers remain unclear, it is estimated that Satoshi Nakamoto mined over a million BTC between January and July 2009. This means that at the current bitcoin price, Satoshi Nakamoto is valued at around $54 billion.
In other words, if the price of bitcoin reaches $182,000, that would bring Nakamoto’s net worth to about $182 billion, which is more than Bezos’ current net worth.
In 2010, Sergio Demian Lerner, a well-known cryptocurrency analyst, published a research paper evaluating Satoshi Nakamoto’s BTC holdings.
By analyzing the first blocks mined by Satoshi, Lerner estimated that one million BTC likely belonged to Satoshi. He wrote:
By my calculations, Satoshi’s net worth is about 1 million bitcoins, or $100 million at the current exchange rate. I’m sure there will be plenty of people who will carefully analyze the raw data and come up with an accurate figure that is very close, but they will still continue to yell at me. Lerner’s analysis of the blocks mined by Satoshi. Source: Sergio Lerner
Can the price of BTC reach $182,000?
Although there are many valuation models that predict that the price of bitcoin will be between $200,000 and $1 million, the most well-known model is the stock-to-flow (S2F) model.
The S2F model predicts that the price of bitcoin will reach $100,000 to $288,000 by the end of 2021, using a formula based on the ratio of bitcoin price to existing supply (inventory) and the amount of newly mined BTC coming to market (flow).
In November 2020, PlanB, the inventor of the S2F model, said:
People ask me if I still believe in my model. Just so we’re clear: I have no doubt that S2FX bitcoin is right and that bitcoin will reach 100K-288K by December 2021.Participation Model. Source: PlanB
If bitcoin reaches $288,000 according to the S2F model, Satoshi’s fortune would be around $288 billion, which should keep the creator far ahead of Bezos and Musk.
Meanwhile, other bitcoin price predictions for the current bull run are even higher. Bloomberg, for example, predicted that BTC could reach $400,000 if it became a risk-free reserve asset.
Satoshi’s identity remains a mystery, and it is not known if the person or persons involved are alive today. Industry experts have suggested Hal Finney, Adam Beck and Paul Le Roux as possible candidates, and others have suggested that it could be a group of individuals.
frequently asked questions
Is Satoshi Nakamoto the richest man in the world?
Satoshi Nakamoto According to recent estimates, Nakamoto has 1 million bitcoins, which is equivalent to about $34.9 billion today. This makes him, by far, the richest man in the arcane world.
How much will bitcoin be worth in 2030?
In an exchange with Business Insider in May 2017, Lew said the price of bitcoin could realistically reach $500,000 by 2030.
How much will bitcoin be worth in 2025?
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