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August 9, 2022
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Bitcoin

Satoshi Nakamoto as the 20th richest man in the world. He even overtook the Waltons –

Satoshi Nakamoto’s fortune is one of the greatest fortunes in the world. However, none of the known assets has been immobilized on one of the cryptocurrency wallets for 10 years.

Discard everything you know about finance, wealth and investing because the world has gone mad. Up is down. Down is up. Imaginary digital assets are worth a fortune. It seems every asset class is in full mania mode
-Brian Warner, Celebrity Net Worth

At $ 61,000 Bitcoin, the mysterious creator of the cryptocurrency, Satoshi Nakamoto, becomes one of the world’s 20 richest people.

Satoshi Nakamoto Estate

It is widely believed that a man named Satoshi Nakamoto registered a domain called Bitcoin.org in August 2007. Two months later, he published an article titled “Bitcoin: A Peer-to-Peer Electronic Cash System” and submitted it to a cryptographic mailing list.

Nakamoto implemented the Bitcoin software on January 3, 2009. That day the “Genesis block” got it out. How much was his prize back then? 50 bitcoins. These 50 coins from the Genesis block are now worth $ 3 million.

In short, for the blockchain to work, Satoshi had to mine 50 coins every 10 minutes. He did this until he finally had a personal supply of 1 million coins. 1 million Bitcoin is 4.8% of all Bitcoin in circulation. The 1 million coins had been lying untouched in his public wallet for over ten years. They have not been accessed or issued since January 2009.

Satoshi Nakamoto’s wallet at $ 61,000 per BTC is worth $ 61 billion. A month ago, when BTC was traded for $ 48,000, Satoshi was one of the world’s 30 richest people.

According to ranking of the richest people in the world, Satoshi Nakamoto took 19th place for a while. And that’s when we also include Vladimir Putin on this list with an unconfirmed fortune of $ 70 billion. The position of Bitcoin’s creator has grown not only thanks to the price of the most popular cryptocurrency. It was also due to the decline in the value of the assets of three members of the Walton family. Walmart’s share prices fell by as much as 9% in the last month.

What happened to Satoshi?

Nobody knows. Two years after Bitcoin was launched, Nakamoto disappeared from the Internet. On April 23, 2011, Nakamoto sent programmer Mike Hearn an email saying, “I’ve done other things.” Nakamoto’s million BTCs still lie untouched in the digital wallet.

How can you not take advantage of the opportunity to “pay” yourself $ 61 billion? Maybe Satoshi Nakamoto is dead? Or is it realizing that a transfer of your funds could have a disastrous effect on how the market reacts?

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