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BITCOIN’S INVENTOR, SATOSHI NAKAMOTO, IS ONE OF THE RICHEST PEOPLE IN THE WORLD

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Jeff Bezos, Elon Musk and Bill Gates had better watch out. Satoshi Nakamoto, the inventor of bitcoin, is catching up with them at an impressive speed in the ranking of the richest personalities on the planet, as the price of the cryptocurrency has risen from 3,000 dollars in March 2020 to more than 40,000 dollars last month.

Satoshi Nakamoto has some 980,000 bitcoins, whose value, at the current price (about $ 36,000), is approaching $ 36 billion (30 billion euros). Which would currently place him around the 20th place in the annual Forbes ranking of the richest personalities on the planet. 

And if bitcoin hit $ 110,000, which could be the case in the next few months, if not years, Satoshi Nakamoto would snatch the top spot from Amazon CEO Jeff Bezos.

THE MOST FAMOUS ANONYMOUS ON THE PLANET

We would then find ourselves in a surprising situation, since the richest person in the world would be anonymous. Because we do not know who Satoshi Nakamoto really is, or even if the inventor of bitcoin is still alive. On the other hand, we do know that the person behind this name (or pseudonym) started working on bitcoin in 2007, before publishing the description of bitcoin on October 31, 2008, i.e. his birth certificate, the day after the crisis. financial.

BITCOIN'S INVENTOR, SATOSHI NAKAMOTO, IS ONE OF THE RICHEST PEOPLE IN THE WORLD

Titled “Bitcoin: a peer-to-peer electronic cash system” (Bitcoin: a peer-to-peer electronic monetary system), this document detailed the operation of what was to become the first cryptocurrency, based in particular on blockchain technology, in which transactions are validated by complex mathematical calculations and bitcoins created by “miners”, people using the power of their computers to do so. 

Satoshi Nakamoto then remained active for a few months, accumulating bitcoin until December 2010, when his account became inactive. It is therefore very likely that he will never touch the 980,000 bitcoin he owns, and that he will remain anonymous forever. 

Because its anonymity is an integral part of what makes bitcoin so successful. The philosophy of this cryptocurrency is based on the fact that it is completely decentralized, not dependent on any bank or company, and belonging only to its users. Having been invented by an anonymous person, bitcoin cannot therefore be further decentralized.

The wealthiest billionaires on the planet, however, could be hard to beat, as some have already started investing in bitcoin. Elon Musk thus helped boost the value of the cryptocurrency last week by simply writing “Bitcoin” in his Twitter bio. 

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