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- Satoshi Nakamoto can surpass the richest individuals of the planet, if the price of Bitcoin continues to surge
- Satoshi is expected to have mined millions of Bitcoins at the time, when the token was launched
- The S2F model predicted that the price of Bitcoin could surge to achieve the level of $288k by the end of this year
Satoshi Nakamoto, the creator of the leading crypto token Bitcoin can soon become the world’s richest person. However, it is only possible if the uptrend of Bitcoin will continue. In the current scenario, Jeff Bezos, the founder of Amazon, is the richest person on the planet with a net worth of $181.6 billion. On the other side, Elon Musk, the CEO of Tesla is in the second position after Jeff Bezos. However, if the price hits $182k in the future, Satoshi Nakamoto will become the world’s richest individuals.
Satoshi Nakamoto has mined enough Bitcoins for him
Under the public MIT license, Satoshi Nakamoto has released the whitepaper of BTC in 2008. Genesis Block, the first block of Bitcoin was mined, and the blockchain movement began. However, since then till July 2009, the creator of Bitcoin is expected to have mined approximately 1 million Bitcoin. If we compare the rough figure with the current price level of the token, it will be worth more than $54 billion.
However, following the facts, if Bitcoin soars to achieve the price level of $1,82,000, Satoshi’s Btcoins will get worth $182 billion approximately. Indeed, that will be higher than the current net worth of Bezos.
Will Bitcoins be able to achieve the price level of $182k?
Many analysts in the cryptosphere are expected that Bitcoin price will achieve a level in between $200k to $1 million. The most well known model Stock-to-Flow (S2F), has forecasted that the price will reach towards $100k to $288k by the end of this year. Last year in November, PlanB the developer of S2F stated that he has no doubts that BTC S2FX is correct and the token will tap $100k-$288k before the end of 2021.
If the prediction of the S2F model becomes true, and the price hits $288k, then the net worth of Satoshi will get far away from Bezos and Musk. ON the other hand, Bloomberg had predicted that the price could reach $400k, if that becomes a risk-off reserve asset.
The identity of Satoshi Nakamoto is still a mystery, no one knows whether the person is alive. Many consider that Satoshi might not be a single individual, rather a group of individuals. However, with any circumstances, we can know how much the BTC wallet of Satoshi can be.
