TL;DR
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If BTC finally reaches $200k, assuming Elon’s wealth stays the identical, and Satoshi doesn’t promote a single coin…the nameless Satoshi Nakamoto would be the richest particular person on the planet.
Full Story
It’s Friday – so let’s cap issues off with one thing a bit fumb (enjoyable + dumb).
As of at this time (14 June, 2024), the real-time Forbes Billionaires List options 15 individuals who’ve have made a majority of their fortune due to the world of crypto (in comparison with simply 9 in 2023).
And whereas some early adopters spent BTC barely recklessly within the early days – just like the man who spent 10,000 BTC on two Papa Johns’ pizzas in 2010 – others have hodl’d for years.
Proper now, BTC’s market cap sits at a cool $1.3 Trillion USD, which is roughly half the market cap of all the crypto market.
And Satoshi Nakamoto (the creator of BTC and the BTC Whitepaper) holds 1.1M of the full 21M provide.
Satoshi has by no means touched their 1.1M BTC and has at all times remained nameless.
Proper now, Satoshi is value ~$73B USD.
Now, right here’s the loopy half: Elon Musk is at the moment the richest particular person on Earth with a internet value of $212.8B USD.
If BTC finally reaches $200k, and Elon’s wealth stays the identical, and Satoshi doesn’t promote a single coin…
Satoshi Nakamoto would be the richest particular person on the planet.
Can the world stay with the richest particular person on Earth being nameless?
Ponder over the weekend and hit reply when you’ve got any ideas.
Completely satisfied Friday!