Satoshi Nakamoto has left the majority of his coins unmoved since day one. As the mainstream media begins to cover Bitcoin and popularity of the digital currency rises, people are trying to figure out how rich is Satoshi? Thanks to bitcoins record highs in the past few weeks, Satoshi is in the billionaire boys club, placing him among the world’s richest 50 people. Satoshi’s wealth isn’t only increasing because of the increase in value of bitcoin, but because he is accumulating more of it.
Based on a detailed analysis published in 2013 it is said that Nakamoto possesses 1,148,800 bitcoin. There is evidence to support that a large portion of the first 36,000 blocks were mined by one computer, and I bet you can guess whose it was…If you guessed the original hodler himself, Satoshi Nakamoto, then you would be correct. If it is true that Satoshi still possesses about 1.1 million bitcoin then he would have a worth of about $16.8 billion. Add in bitcoin cash and bitcoin gold, then it is assumed that the net worth of Satoshi is $20.5 billion. This number would place Nakamoto at number 37 on the world’s rich list.
Even with the enormous amount of wealth at Satoshi’s fingertips, it is safe to say he has no desire to touch his cryptocurrency stash yet. It is hard to believe that Satoshi will cash out for the high life when he has remained with a low profile for such a long time, even during bitcoins recent hype.
1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa is the address associated with the genesis block, and it is there that the first 50 bitcoin were sent on the third of January 2009. From bitcoins earliest days a consistent flow of bitcoin has been ending up into the blockchain’s original wallet. Most of the transactions are fairly small however a few larger ones do reside in it. For many it doesn’t make sense as to why people are donating to an unspendable address, but to others the reason is perfectly clear. It’s the gesture that counts and it is the people’s way of saying thank you Satoshi, thank you for making all of this possible.