Satoshi Nakamoto is among the 50 richest people in the world of Forbes magazine DECEMBER 19, 2017 ROBERT HAZLITT BITCOIN, CHARLIE SHREM, FORBES, MOST RICH MEN, NAKAMOTO RICO, RONNIE MOAS, SATOSHI NAKAMOTO
Nakamoto ranks 44th on Forbes' list of billionaires. His fortune amounts to USD $ 19.4 billion, and if the price of Bitcoin continues to rise, he could become the first person with a net capital of more than USD $ 100 billion: USD $ 392 billion to be exact
Satoshi Nakamoto, a person or anonymous group that founded Bitcoin in 2009 when extracting the Genesis block, has become one of the 50 richest people in the world with a net worth of USD $ 19.4 billion.
For many years, the bitcoins extracted by Satoshi Nakamoto have not been spent, 980,000 of them, to be exact. If the price of Bitcoin continues to increase exponentially in the medium and long term, Satoshi could become the most valuable individual or organization worldwide.
Currently, Satoshi Nakamoto appears on the list of the richest people in the world of Forbes, just behind Lauren Powell Jobs of Apple and Disney, Paul Allen of Microsoft, and Stefan Persson of H & M: Nakamoto is the 44th richest person.
Prediction of USD $ 400,000 by Ronnie Moas
Earlier this week, Standpoint Research founder Ronnie Moas predicted that the price of Bitcoin would exceed USD $ 400,000 in the long term. Moas pointed out that the adoption rate of Bitcoin as the main reserve of value and currency is increasing rapidly and with the entry of institutional investors in the market, the value of Bitcoin will increase even more in the coming years.
With a price of USD $ 400,000 per bitcoin, the net value of what Satoshi owns would increase to USD $ 392 billion. If Satoshi is an individual, that would make him the first person to exceed USD $ 100 billion in net worth.
In the past, the media criticized the so-called "whale problem" in bitcoin, since a small group of individuals own most of the cryptocurrency supply. In the Bitcoin market, whale refers to investors who bought large quantities of bitcoins in the initial stages.
Some of the investors-whales include the Winklevoss twins, who have become the first Bitcoin possessors verified billionaires.
The divisibility of Bitcoin as currency is what distinguishes it from gold and has encouraged analysts in the financial sector to call it gold 2.0. As JPMorgan's global market strategist Nikolaos Panigirtzoglou said:
The value of this new asset class depends on the extent of its acceptance as a deposit of wealth and as a means of payment. Judging by other wealth reserves, such as gold, cryptocurrencies have the potential to keep growing. "
The achievement of Satoshi
This week, the Bitcoin pioneer and advisor to many cryptocurrency startups Charlie Shrem publicly expressed his gratitude to Satoshi Nakamoto, who has created and introduced the first decentralized financial system and currency that is operating on a large scale. This is his tweet:
The achievement of Satoshi Nakamoto and Bitcoin goes beyond the introduction of a decentralized currency. Satoshi Nakamoto has transformed the global financial industry by demonstrating that the separation between money and the State is possible through a currency between equals