It is estimated that Satoshi Nakamoto, the creator of BTC, will become the worlds richest person if the price of Bitcoin BTC hits approximately 182,000. As of March 2021, Amazon founder Jeff Bezos is the richest person on earth with a net worth of 181.6 billion. Elon Musk, the CEO of Tesla, is a close second at 163.7 billion, owning more than 20 of the electric car maker. Satoshi Nakamoto, the creator of Bitcoin, released the Bitcoin whitepaper in October 2008 under a public MIT license.
On Jan. 3, 2009, Bitcoins first block, known as the genesis block, was mined. This marked the launch of the Bitcoin network, which kickstarted the cryptocurrency and blockchain movement. Albeit the exact figures remain unclear, from January to July 2009, Satoshi Nakamoto is estimated to have mined over 1 million BTC. This means that at current Bitcoin prices, it is estimated that Satoshi Nakamoto is worth roughly 54 billion.
In other words, if the price of Bitcoin hits 182,000, this would put Nakamotos net worth at around 182 billion, which is higher than the current net worth of Bezos. In 2010, Sergio Demian Lerner, a prominent cryptocurrency researcher, published a research paper estimating the BTC holdings of Satoshi Nakamoto.
Can the price of BTC hit 182,000?
While there are many price models that predict the price of Bitcoin to reach anywhere between 200,000 to 1 million, the most wellknown model is the StocktoFlow S2F model. The S2F model forecasts the price of Bitcoin to hit…