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At what Bitcoin price will Satoshi Nakamoto become the world’s richest person?


29 Mar 2021

#Bitcoin

It is estimated that Satoshi Nakamoto, the creator of BTC, will become the world’s richest person if the price of Bitcoin (BTC) hits approximately $182,000. As of March 2021, Amazon founder Jeff Bezos is the richest person on earth with a net worth of $181.6 billion. Elon Musk, the CEO of Tesla, is a close second at $163.7 billion, owning more than 20% of the electric car maker. Satoshi Nakamoto, the creator of Bitcoin, released the Bitcoin whitepaper in October 2008 under a public MIT license.

On Jan. 3, 2009, Bitcoin’s first block, known as the “genesis block,” was mined. This marked the launch of the Bitcoin network, which kickstarted the cryptocurrency and blockchain movement. Albeit the exact figures remain unclear, from January to July 2009, Satoshi Nakamoto is estimated to have mined over 1 million BTC. This means that at current Bitcoin prices, it is estimated that Satoshi Nakamoto is worth roughly $54 billion.

In other words, if the price of Bitcoin hits $182,000, this would put Nakamoto’s net worth at around $182 billion, which is higher than the current net worth of Bezos. In 2010, Sergio Demian Lerner, a prominent cryptocurrency researcher, published a research paper estimating the BTC holdings of Satoshi Nakamoto.

Can the price of BTC hit $182,000?

While there are many price models that predict the price of Bitcoin to reach anywhere between $200,000 to $1 million, the most well-known model is the Stock-to-Flow (S2F) model. The S2F model forecasts the price of Bitcoin to hit $100,000 to a “conservative” $288,000 by the end of 2021, using a formula based on the relationship between the value of Bitcoin versus the existing supply (stock) and the amount of newly mined BTC entering the market (flow).

If Bitcoin rises to as high as $288,000 as per the S2F model, Satoshi’s fortune would be worth around $288 billion, which should put the creator far out in front of Bezos and Musk. Meanwhile, some other Bitcoin price predictions have been even higher for the current bull cycle. For instance, Bloomberg predicted that BTC could reach as high as $400,000 if it becomes a “risk-off” reserve asset.

However, the identity of Satoshi remains a mystery and it isn’t known whether the person(s) is even alive today. Industry experts have suggested the likes of Hal Finney, Adam Back, and Paul Le Roux as potential candidates, as well as others presuming that it could have been a group of individuals.


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Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 84% 26 $18 928.29 -1.09% -4.04% $362 675 162 554 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 69.6% 54 $1 294.66 -3.51% -5.75% $158 627 858 840 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 96% 1 $1.000070 0% 0% $67 959 464 596 USDT 7 days price change
4 USD Coin (USDC) USDC USD Coin predictions 96% 1 $1.000014 0.01% -0.01% $49 594 307 856 USDC 7 days price change
5 Binance Coin (BNB) BNB Binance Coin predictions 90% 15 $274.74 -1.09% 1.13% $44 325 985 527 BNB 7 days price change
6 XRP (XRP) XRP XRP predictions 63.2% 74 $0.500514 -0.70% 26.97% $24 950 009 051 XRP 7 days price change
7 Binance USD (BUSD) BUSD Binance USD predictions 92.4% 1 $1.000119 0% 0% $20 519 701 371 BUSD 7 days price change
8 Cardano (ADA) ADA Cardano predictions 79.2% 32 $0.447321 -2.92% -3.50% $15 312 533 995 ADA 7 days price change
9 Solana (SOL) SOL Solana predictions 84.4% 29 $32.55 -3.85% 0.89% $11 545 262 081 SOL 7 days price change
10 Lido stETH (STETH) STETH Lido stETH predictions 90.8% 1 $2 941.39 -0.40% -3.32% $10 258 752 564 STETH 7 days price change
11 Dogecoin (DOGE) DOGE Dogecoin predictions 88.4% 15 $0.061629 -4.48% 3.07% $8 176 334 390 DOGE 7 days price change
12 Polkadot (DOT) DOT Polkadot predictions 78.4% 41 $6.22 -3.37% -7.84% $6 968 389 291 DOT 7 days price change
13 Dai (DAI) DAI Dai predictions 93.6% 1 $0.999457 -0.02% -0.02% $6 926 301 960 DAI 7 days price change
14 Polygon (MATIC) MATIC Polygon predictions 73.6% 55 $0.746252 -3.07% -5.23% $6 518 004 616 MATIC 7 days price change
15 SHIBA INU (SHIB) SHIB SHIBA INU predictions 76.4% 42 $0.000011 -4.47% -2.59% $6 105 472 299 SHIB 7 days price change

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