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Satoshi Nakamoto: Richer than Bill Gates – who is behind it?
Satoshi Nakamoto overtakes Bill Gates with $112.4 billion. Learn more about Bitcoin and the mysteries surrounding Nakamoto's identity.
Satoshi Nakamoto: Richer than Bill Gates – who is behind it?
As the financial world continues to be reeling from the impact of Bitcoin's price, there is one impressive development that is grabbing attention: Satoshi Nakamoto, the cryptocurrency's anonymous creator, has an estimated net worth of $112.4 billion. This makes him richer than Bill Gates, whose fortune is estimated at $112.3 billion BTC ECHO reported. What is particularly notable is that Nakamoto owns approximately 1.1 million Bitcoin, which is 5% of the circulating supply.
Since Bitcoin's launch on January 3, 2009, Nakamoto's identity has been a mystery. There are numerous speculations about possible people who could be behind the pseudonym. These include prominent names such as Jack Dorsey and Elon Musk, as well as the theory that it is an artificial intelligence from the future.
The Bitcoin Price and Nakamoto's Net Worth
The remarkable growth in Satoshi's wealth coincides with a recovery in the price of Bitcoin, which stands at $103,987.78 at the time of reporting. This price represents an increase of 0.28% in the last 24 hours and marks a gain of over 70% in the past year, according to this Benzinga. To become the richest person in the world in the future, the Bitcoin price would theoretically have to reach $360,000 or more.
If Satoshi Nakamoto were on the Forbes Real-Time Billionaires list, he would be ranked 12th. These extraordinary numbers demonstrate not only Nakamoto's financial power, but also the growing interest and integration of Bitcoin in the financial sector, supported by larger investors such as BlackRock.
Bill Gates and the criticism of Bitcoin
Bill Gates, the Microsoft co-founder, has taken a clear stance against the digital currency and described it as a “climate killer”. In his opinion, Bitcoin is mainly used for drug trafficking and tax evasion. Gates has also spoken out against the inclusion of Bitcoin in Microsoft's reserves. Given the widely divergent opinions on the future of cryptocurrencies, it will be interesting to see how this technology continues to develop and what role it will play in the global financial system.