Bitcoin Creator – Satoshi Nakamoto – Net Worth, Cryptocurrency Holdings, Bio (2019)
2019 has been a good year for Bitcoin. Bitcoin broke above $10K in 2019, almost 300% increase from the November 2018 low, where Bitcoin touched $3,850. And the cryptocurrency is increasing in value day by day. Bitcoin is currently trading at $12,183.
Bitcoin was conceptualized and created by Satoshi Nakamoto. It is widely believed that Satoshi Nakamoto is a pseudonym and the real identity of Bitcoin creator is not known. Satoshi published the Bitcoin’s whitepaper in 2008, as a direct response to the 2008 financial crash. The first Bitcoin block was mined in 2009.
Since then Bitcoin has only increased in value. At its peak, 1 Bitcoin was trading at $20,000. Being the creator of Bitcoin and the world’s most valuable digital cryptocurrency its only fitting that Satoshi Nakamoto joins the billionaire club.
Satoshi Nakamoto was active in the Bitcoin project until 2010. During that time, the Bitcoin creator had mined 1 million bitcoins. After that, he mysteriously disappeared. No one knows whether he has invested in other cryptocurrencies, or whether he is still alive.
Currently, Satoshi Nakamoto holds 1 million Bitcoins.
At Bitcoin’s peak ($20,000), Satoshi Nakamoto’s net worth was above $20 billion making him the 48th richest person in the world. Since then his net worth has dropped. Based on the current value of Bitcoin, Satoshi Nakamoto’s net worth will be $12.1 billion making him 83rd the richest person in the world.
Very little is known about the Bitcoin creator. It is widely believed that the name Satoshi Nakamoto was a pseudonym. Satoshi Nakamoto was the first person to solve the double-spend problem of virtual currencies, and also the first one to create the blockchain database.
Moreover, it is believed that Satoshi Nakamoto is not a Japanese descent as the name suggest but a person living in the US or Europe.
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