If you ever wondered how high the BTC price would have to climb to make its creator Satoshi Nakamota the richest man on the planet, then we have the answer for you. According to amarket analysis can be estimated that Satoshi Nakamoto will become the richest person in the world if the price of Bitcoin (BTC) reaches approximately $ 182,000.
Currently, Amazon’s founder Jeff Bezos, with a net worth of $ 181.6 billion, has been the richest man on the planet since March this year. In second place is Tesla CEO Elon Musk. The value of his assets is estimated at 163.7 billion USD.
How much BTC does Satoshi Nakamoto own?
Satoshi Nakamoto, the creator of Bitcoini, published in October 2008 whitepaper Bitcoinu and on January 3 of the following year, the first (genesis) bitcoin block was mined. This started the bitcoin network. Although we do not have exact numbers, estimates say that between January and July 2009, Satoshi Nakamoto mined more than one million bitcoins.
This means that, in terms of current bitcoin prices, these mined coins are worth about $ 54 billion. In other words, if the price of Bitcoin reaches $ 182,000, Satoshi’s net worth will be about $ 182 billion $, which is more than the current net worth of Amazon’s founder.
Published in 2010 Sergio Demian Lerner, a leading researcher in the field of cryptocurrencies, the results of his research work. Analyzing the early blocks that Satoshi mined, he concluded that Satoshi probably owns 1 million BTC. He wrote:
–
Can the price of BTC reach $ 182,000?
There are many pricing models that predict that the price of Bitcoin will be somewhere between $ 200,000 and $ 1 million. One of the best known is the Stock-to-Flow (S2F) model. He says that by the end of 2021, the price of Bitcoin will exceed $ 100,000 and could climb to $ 288,000. In November 2020, PlanB, the creator of the S2F model, said:
“People keep asking me if I believe in my model. To be clear: I have no doubt that the S2FX bitcoin model is correct and the price of BTC by December 2021 will be between $ 100,000 – $ 288,000. “
Conclusion
If the price of Bitcoin actually rises to $ 288,000, Satoshi’s bitcoin fortune would be worth about $ 288 billion, which would safely and vastly move the creator of BTC to the throne of the richest man on the planet before Jeff Bezos and Elona Muska |. And if we look at some even more optimistic price estimates for the current bull cycle, Bloomberg’s analysts predict, for example, that if BTC becomes a reserve currency, it can playfully reach up to $ 400,000 per coin.
–
