Bitcoin Creator Satoshi Nakomoto Is Now One of the World’s Wealthiest People – Futurism

Posted: April 19, 2021 at 7:23 am

Based on estimated holdings, Satoshi Nakamoto just beats out Michael Bloomberg.High Score

Satoshi Nakamoto, the pseudonymous figure who created Bitcoin back in 2009, is now one of the richest people alive assuming the unidentified coder is still alive in the first place.

Based on Bitcoin.coms calculations, the roughly 1 million Bitcoin in Nakamotos account is worth around $59 billion today. With additional funds like various Bitcoin caches, that would make Nakamoto the 19th-wealthiest person alive, according to Forbes recently updated list of the worlds richest billionaires right above Michael Bloomberg and immediately between Walmart heirs Sam and Jim Walton.

Of course, no one really knows who Satoshi Nakamoto is, or even whether theres really just one person or a team behind the pseudonym all questions that help explain why Nakamoto wasnt included in Forbes ranking in the first place.

But Bitcoins creator, whoever it may be, mined and then never spent between 750,000 and 1.1 million of the cryptocurrency shortly after creating it. So even with a more conservative estimate than Bitcoin.coms, theres definitely a whole lot of money at play here given that each Bitcoin is worth around $63,150 today.

And most of that value appeared very recently. Just five months ago, Nakamotos Bitcoin stash was only enough to make them the 159th richest person on Earth, Bitcoin.com notes.

READ MORE: Bitcoins Creator Satoshi Nakamoto Is Now a Member of the Top 20 Worlds Richest People [Bitcoin.com]

More on Satoshi Nakamoto: Shocker: John McAfee Suspends Plan to Unmask Bitcoins Creator

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Bitcoin Creator Satoshi Nakomoto Is Now One of the World's Wealthiest People - Futurism

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