Satoshi Nakamoto, the creator of Bitcoin, is now among the richest people in the world thanks to the recent jump in the price of the leading digital asset.
The value of Bitcoin (BTC) jumped to over $ 67.00 during the recent rise of the crypto market, before returning to its current value of about $ 62,000. According to the current exchange rate and the approximate number of coins Satoshi holds, he will be among the 20 richest people in the world.
Satoshi Nakamoto’s BTC funds put him in the ranking of the 20 richest
According to a report by Whale Alert, the creator of “digital gold” is estimated to own about 1 million BTC, although some schools estimate that the tokens he owns are about 750,000 BTC, while others estimate that they are more than 1 million. that, the general consensus is that Satoshi Nakamoto has 1 million BTC.
Thus, this means that the current jump in prices would push the wealth of the innovator to about $ 60-61 billion, which puts him in the top 20 on the list of billionaires on Forbes. This means that he will be above the Chinese Zhang Yiming, although his wealth will still be much less than that of Rob Walton of Walmart.
In particular, Satoshi Nakamoto is still a long way from the richest man in the world, Elon Musk, who is valued at about $ 230 billion. Before the founder of crypto technology can overtake the founder of Tesla, the value of BTC must rise to at least $ 215,000.
However, Nakamoto could become one of the 10 richest people in the world if the value of the digital asset reaches $ 100,000.
The identity of the creator of Bitcoin remains a mystery, as many people speculate that he / she may have died, as this may be the only explanation for why not a single cent of his or her funds have been spent.
Although this is largely speculation, it should be noted that Nakamoto may still be alive.
A bronze image of the legendary creator of Bitcoin, Satoshi Nakamoto, has already been exhibited to visitors of Graphisoft Park in Budapest.
At the opening ceremony on September 16th, András Dörfi, co-founder of the statue project and editor of the crypto news site Kripto Akademia, spoke to a crowd of journalists and Hungarians before revealing Satoshi’s brilliant face. The work shows the upper half of a figure with an impersonal face wearing a sweatshirt with the Bitcoin logo (BTC).
“Whoever he is, Bitcoin creates value, and especially the technology behind Bitcoin, the blockchain, creates value,” Durfi said.
Debrecen Barnabas, CEO of the Hungarian crypto exchange Shinrai, also spoke at the ceremony, adding:
Satoshi Nakamoto has created independent money, free of intermediaries, which gives people the opportunity for financial sovereignty […] We erected this statue to remind ourselves that courage is a virtue. We must continue with the big dreams.
First announced in May, the statue, created by sculptors Gergeli Rika and Tamas Gilli, was deliberately designed with a mirror face, ostensibly to express the idea of ”we are all Satoshi”. Mr. Coin, Kripto Akademia, the Hungarian Blockchain Association are among the supporters of the Satoshi Statue project.
The statue of Satoshi will be in the park near a monument to Apple co-founder Steve Jobs and other notable figures. Although there has long been speculation about Satoshi’s identity and appearance, no one has successfully identified the creator of Bitcoin.