TL;DR
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 individual on the earth.
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 Record options 15 individuals who’ve have made a majority of their fortune because of 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 your complete crypto market.
And Satoshi Nakamoto (the creator of BTC and the BTC Whitepaper) holds 1.1M of the entire 21M provide.
Satoshi has by no means touched their 1.1M BTC and has all the time remained nameless.
Proper now, Satoshi is price ~$73B USD.
Now, right here’s the loopy half: Elon Musk is at the moment the richest individual on Earth with a internet price 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 individual on the earth.
Can the world stay with the richest individual on Earth being nameless?
Ponder over the weekend and hit reply if in case you have any ideas.
Blissful Friday!
