It is estimated that Satoshi Nakamoto, the creator of BTC, would become the richest person in the world if the price of Bitcoin (BTC) reached around $ 182,000.
As of March 2021, Amazon founder Jeff Bezos has become the richest person on earth with a net worth of $ 181.6 billion.
Tesla CEO Elon Musk ranks second with $ 163.7 billion and owns more than 20% of the electric vehicle maker.
How much BTC does Satoshi Nakamoto own?
Bitcoin creator Satoshi Nakamoto published the Bitcoin newspaper in October 2008 under a public license from the Massachusetts Institute of Technology.
On January 3, 2009, the first Bitcoin block, known as the “Genesis Block”, was acquired. This marked the launch of the Bitcoin network, which marked the beginning of the cryptocurrency and blockchain movement.
While the exact numbers are still unclear, it is estimated that between January and July 2009, Satoshi Nakamoto mined more than 1 million BTC. This means that at current bitcoin prices, it is estimated that Satoshi Nakamoto is worth around $ 54 billion.
In other words, if the bitcoin price reached $ 182,000, it would result in Nakamoto’s net worth of about $ 182 billion, higher than Bezos’s current net worth.
In 2010, Sergio Demian Lerner, a renowned cryptocurrency researcher, published a research report that evaluated Satoshi Nakamoto’s Bitcoin assets.
By analyzing the early blocks Satoshi mitigated, Lerner estimates that perhaps one million Bitcoins belong to Satoshi. he wrote:
“In my opinion, Satoshi’s net worth is around 1 million Bitcoin, or $ 100 million at today’s exchange rate. I am sure there will be many people who will carefully analyze the original data set and find the exact number that will help you get very close, but they will still shout at me. one more time. ”
Learns to analyze the dilute masses by Satoshi. Source: Sergio Lerner
Can the price of my BTC be more than $ 182,000?
While there are several pricing models that expect bitcoins to hit between $ 200,000 and $ 1 million, the most popular model is the Stock-to-Flow (S2F) model.
The S2F model predicts that the Bitcoin price will turn into a “conservative” $ 288,000 by the end of 2021, using a formula based on the relationship between the value of Bitcoin compared to the current supply (reserves) and the amount of new BTC extracted to enter the market (flow).
In November 2020, PlanB, the creator of the S2F model, said:
“People ask if I believe in my model. To be clear: I have no doubt that S2FX is correct and that Bitcoin will lose between 100 and 288 thousand dollars by December 2021.”
Application form. Source: PlanB
If Bitcoin rose to $ 288,000 on the S2F model, Satoshi’s fortune would be around $ 288 billion, which should put his creator apart from Bezos and Musk.
Meanwhile, some other bitcoin price forecasts have been higher in the current bullish cycle. For example, Bloomberg predicted that Bitcoin could reach $ 400,000 in value if it becomes a “risk-free” reserve asset.
However, Satoshi’s identity remains a mystery, and it is not known if this person (s) is alive today. Industry experts suggested the likes of Hal Finney, Adam Beck and Paul Le Roux as potential candidates, and others suggested that they could be a group of people.