Could Bitcoin’s pseudonymous creator Satoshi Nakamoto become richer than Elon Musk?

7 months ago

Bitcoin‘s pseudonymous creator, Satoshi Nakamoto, is presently the 26th richest quality being connected the satellite based connected the magnitude of BTC helium is presumed to person owned.

Nakamoto famously holds a small implicit $1 cardinal Bitcoin successful a wallet that has been dormant for much than a decade, which is besides the superior crushed galore judge helium whitethorn person died.

Based connected Bitcoin’s $54,000 price, his holdings are worthy astir $50 cardinal arsenic of Feb. 26.

Meanwhile, immoderate estimates suggest that Nakamoto holds 1.1 cardinal BTC, which would propulsion him person to $60 billion.

Satoshi Nakamoto's Growing Fortune Nears Entry Into World's Top 25 Richest IndividualsForbes rankings edited to see Nakamoto via Bitcoin.com

Nakamoto could dethrone Bernard Arnault

The surge successful Bitcoin’s terms to near-all-time highs has caused immoderate to speculate whether the richest idiosyncratic successful the satellite could beryllium an anonymous, chartless person.

For Nakamoto to overtake the likes of Bernard Arnault and Elon Musk, Bitcoin would person to summation astir 4x from its existent terms of $55,000 oregon 3x from its erstwhile all-time precocious of $69,000.

Preston Pysh, co-founder of TIP, observed the anticipation successful an X post, writing:

“It’ll beryllium absorbing if the wealthiest idiosyncratic successful the satellite is chartless [ie. Satoshi Nakamoto]. At astir $212k per Bitcoin, it happens.”

At a terms of $212,000, Nakamoto’s Bitcoin holdings would beryllium worthy $233.2 billion, allowing him to overtake Bernard Arnault and his family’s nett worthy of $229.1 billion.

Further calculations amusement that BTC hitting $208,300 would beryllium capable for Nakamoto to overtake the apical spot connected the database by a narrower margin. Meanwhile, Bitcoin would request to beryllium worthy $189,700 for Nakamoto to go richer than Musk successful 2nd place.

Meanwhile, Amazon laminitis and enforcement president Jeff Bezos’ 3rd spot would beryllium usurped astatine $178,000, portion Mark Zuckerberg‘s 4th spot place and Bill Gates’ seventh would beryllium overtaken erstwhile BTC hits $154,200 and $115,900, respectively.

The station Could Bitcoin’s pseudonymous creator Satoshi Nakamoto go richer than Elon Musk? appeared archetypal connected CryptoSlate.

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