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Author Topic: richest person on earth  (Read 2408 times)

Offline bitterguy28

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richest person on earth
« on: December 17, 2024, 06:16:31 AM »
as bitcoin just reached $106k i came across an article computing just how much satoshi’s stash of bitcoin now is and where does that place him in the top 20 richest men on the planet

it’s unclear as to how much bitcoin exactly satoshi owns but it’s said that he has a million which will put him 16th richest just below bill gates but if he has a little over a million (1.12 million) he will be 10th richest

the richest person currently is still elon musk with 454 billion as his net worth for satoshi to reach this, bitcoin would have to be valued at over 300k usd

anyway satoshi being an anonymous and private person despite holding this much money is admirable and does press some questions

here is the article

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richest person on earth
« on: December 17, 2024, 06:16:31 AM »

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Offline TomPluz

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Re: richest person on earth
« Reply #1 on: December 17, 2024, 07:30:51 AM »


This fact can be adding more fuel to the "cult" of Satoshi Nakamoto. Imagine one day realizing that the richest person in the world is someone we don't know much and nobody can really confirm if he is still alive or if he is a real person in the first place and not a group of guys. Imagine years from now realizing that Satoshi Nakamoto has already overtaken Elon Musk as the richest man in the whole world. The only thing am really sad is that Nakamoto seems to be denied to enjoy his riches and that we are just dealing with figures here since so far nobody moved any coin from his wallets.

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Re: richest person on earth
« Reply #1 on: December 17, 2024, 07:30:51 AM »

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Re: richest person on earth
« Reply #2 on: December 17, 2024, 07:54:53 AM »
as bitcoin just reached $106k i came across an article computing just how much satoshi’s stash of bitcoin now is and where does that place him in the top 20 richest men on the planet

it’s unclear as to how much bitcoin exactly satoshi owns but it’s said that he has a million which will put him 16th richest just below bill gates but if he has a little over a million (1.12 million) he will be 10th richest

the richest person currently is still elon musk with 454 billion as his net worth for satoshi to reach this, bitcoin would have to be valued at over 300k usd

anyway satoshi being an anonymous and private person despite holding this much money is admirable and does press some questions

here is the article

You may be looking at Satoshi's bitcoin fortune on a one sided directions. If Satoshi owns $1.2m bitcoin, it may not be compared to Elon Musk fortune of $450b today's figure in the future because as bitcoin is growing so may Elon Musk wealth growing too.
Economically speaking, It is possible that as Satoshi's Bitcoin hit $450b, that is, if Btc price reaches $300k, in near future, that Elon musk wealth may also grow above $450b or below at that time.
Moreover, looking at this mathematically, if Bitcoin rise or reaches $300k, and Mr Satoshi Bitcoin is calculated to equal Elon Musk's net worth of $450b, it means that Musk's wealth may be assumed to remain stable, unmoved, at that time in the future. This is my opinion.


Offline 0t3p0t

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Re: richest person on earth
« Reply #3 on: December 17, 2024, 09:59:52 AM »


This fact can be adding more fuel to the "cult" of Satoshi Nakamoto. Imagine one day realizing that the richest person in the world is someone we don't know much and nobody can really confirm if he is still alive or if he is a real person in the first place and not a group of guys. Imagine years from now realizing that Satoshi Nakamoto has already overtaken Elon Musk as the richest man in the whole world. The only thing am really sad is that Nakamoto seems to be denied to enjoy his riches and that we are just dealing with figures here since so far nobody moved any coin from his wallets.
True. The never ending question for most enthusiast is that is Satoshi Nakamoto  a single person or or a group of guys but I am also wondering if the founder is the only person behind Bitcoin he can keep things a secret but if for a group someone might betray and leak information but so far we still have no clue until this day. He is a legend and will remain a legend. The wealth he had on his wallet seems has to remain untouched for a lifetime or what if he really forgot his key or intentionally burn it so it won't add to the circulation? I am proud I found and interact with Bitcoin because I know one day the founder will make a history again that we will never forget.

Offline ABCbits

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Re: richest person on earth
« Reply #4 on: December 17, 2024, 11:19:57 AM »
This fact can be adding more fuel to the "cult" of Satoshi Nakamoto. Imagine one day realizing that the richest person in the world is someone we don't know much and nobody can really confirm if he is still alive or if he is a real person in the first place and not a group of guys. Imagine years from now realizing that Satoshi Nakamoto has already overtaken Elon Musk as the richest man in the whole world.

Not only that, we can't be sure that Satoshi actually mined and owns about 1.1 million of Bitcoin. After all, the source of the estimation seems to come from this old blog post, https://bitslog.com/2013/04/17/the-well-deserved-fortune-of-satoshi-nakamoto/.

The only thing am really sad is that Nakamoto seems to be denied to enjoy his riches and that we are just dealing with figures here since so far nobody moved any coin from his wallets.

Yeah, movement of Bitcoin which mined 2010 or older attract too much attention.
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Offline defy

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Re: richest person on earth
« Reply #5 on: December 17, 2024, 11:21:10 AM »
but what if Satoshi is not a "he" but instead a "she" or a "they", they as in a bunch of men, a bunch of women or a bunch of mixed men and women - if its a they well then they are further down the list.

Why do people always assume Satoshi was a man working on his own when its clear it is unknown?

Anyway for the point of the thread the Satoshi stash of Bitcoins will in the future become more prominent when they become the wealthiest deposit of assets on the planet and so propel Satoshi to #1 status.
« Last Edit: December 17, 2024, 11:23:13 AM by defy »
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Re: richest person on earth
« Reply #6 on: December 17, 2024, 05:11:14 PM »
as bitcoin just reached $106k i came across an article computing just how much satoshi’s stash of bitcoin now is and where does that place him in the top 20 richest men on the planet

it’s unclear as to how much bitcoin exactly satoshi owns but it’s said that he has a million which will put him 16th richest just below bill gates but if he has a little over a million (1.12 million) he will be 10th richest

the richest person currently is still elon musk with 454 billion as his net worth for satoshi to reach this, bitcoin would have to be valued at over 300k usd

anyway satoshi being an anonymous and private person despite holding this much money is admirable and does press some questions

here is the article

You may be looking at Satoshi's bitcoin fortune on a one sided directions. If Satoshi owns $1.2m bitcoin, it may not be compared to Elon Musk fortune of $450b today's figure in the future because as bitcoin is growing so may Elon Musk wealth growing too.
Economically speaking, It is possible that as Satoshi's Bitcoin hit $450b, that is, if Btc price reaches $300k, in near future, that Elon musk wealth may also grow above $450b or below at that time.
Moreover, looking at this mathematically, if Bitcoin rise or reaches $300k, and Mr Satoshi Bitcoin is calculated to equal Elon Musk's net worth of $450b, it means that Musk's wealth may be assumed to remain stable, unmoved, at that time in the future. This is my opinion.
Really, I am also believe that if bitcoin price could increase in $300k, then Elon musk assets could be remain in stable level. We also know that Satoshi could be reserve huge Bitcoin in crypto currency would. But I don't think, it's could not get best profitable then Elon musk. Because I also believe that Satoshi could be reserve huge Bitcoin in crypto currency market, which will be a best profitable side in crypto currency market. So I think that Elon musk also be a great richest person in the crypto currency would.
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Re: richest person on earth
« Reply #6 on: December 17, 2024, 05:11:14 PM »


Offline Faisal2202

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Re: richest person on earth
« Reply #7 on: December 17, 2024, 09:04:42 PM »
as bitcoin just reached $106k i came across an article computing just how much satoshi’s stash of bitcoin now is and where does that place him in the top 20 richest men on the planet

it’s unclear as to how much bitcoin exactly satoshi owns but it’s said that he has a million which will put him 16th richest just below bill gates but if he has a little over a million (1.12 million) he will be 10th richest

the richest person currently is still elon musk with 454 billion as his net worth for satoshi to reach this, bitcoin would have to be valued at over 300k usd

anyway satoshi being an anonymous and private person despite holding this much money is admirable and does press some questions

here is the article
Is it good for Satoshi I think he don't care, because he must have other assets too as if till now he has not touched this much money and still making a living, (if he has not dead already) then it means he have enough funds to survive or a job maybe so if he shows that too maybe he would cross one or two.

Besides as I said does this rank matter to him I don't think so. Satoshi do have that much BTC and the whole ETF companies situation in USA alone have now more than Satishie it's almost 20 against one no competition so yeah I will say Satoshi as a single person wins here (if he is not a group of people).
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Offline Baofeng

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Re: richest person on earth
« Reply #8 on: December 17, 2024, 11:40:57 PM »
as bitcoin just reached $106k i came across an article computing just how much satoshi’s stash of bitcoin now is and where does that place him in the top 20 richest men on the planet

it’s unclear as to how much bitcoin exactly satoshi owns but it’s said that he has a million which will put him 16th richest just below bill gates but if he has a little over a million (1.12 million) he will be 10th richest

the richest person currently is still elon musk with 454 billion as his net worth for satoshi to reach this, bitcoin would have to be valued at over 300k usd

anyway satoshi being an anonymous and private person despite holding this much money is admirable and does press some questions

here is the article

This is going to happen every bull run and every time that we will see highest price of Bitcoin. And we all just speculating, as Satoshi might not be alive today or if he just throws all the private key.

So I wouldn't entertain that idea of how rich he is blah blah..

He choses to go underground and not to resurface anymore so be it.

Offline bitterguy28

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Re: richest person on earth
« Reply #9 on: December 19, 2024, 07:38:03 AM »
The only thing am really sad is that Nakamoto seems to be denied to enjoy his riches and that we are just dealing with figures here since so far nobody moved any coin from his wallets.
well i don’t really see it like that since it seems like satoshi nakamoto decided to not do anything with his coins himself of course we do not know what has happened to him or where even is he or god forbid is he even still alive?

but for the sake of conversation let’s say he is then he’s the one denying himself his riches most likely to really strengthen the decentralized nature of bitcoin as well as to protect his privacy i probably would have done the same but it would have taken a lot of self control and determination to not move any of my coins and just spend them

Offline Mr. Magkaisa

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Re: richest person on earth
« Reply #10 on: December 19, 2024, 08:38:24 AM »
as bitcoin just reached $106k i came across an article computing just how much satoshi’s stash of bitcoin now is and where does that place him in the top 20 richest men on the planet

it’s unclear as to how much bitcoin exactly satoshi owns but it’s said that he has a million which will put him 16th richest just below bill gates but if he has a little over a million (1.12 million) he will be 10th richest

the richest person currently is still elon musk with 454 billion as his net worth for satoshi to reach this, bitcoin would have to be valued at over 300k usd

anyway satoshi being an anonymous and private person despite holding this much money is admirable and does press some questions

here is the article

        -      Until now, no one knows if Satoshi Nakamoto is still alive or not, nor do we know if Satoshi Nakamoto is really a person because the name Satoshi Nakamoto could have just been created. Then I think it doesn't matter if he is alive or not.

Because what is important now is that this person known as Satoshi Nakamoto has really helped many people when it comes to financial matters, which ultimately even whale investors have been encouraged to invest in this era that we are facing with a bull run.

Online bhadz

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Re: richest person on earth
« Reply #11 on: December 19, 2024, 08:38:59 AM »
I am leaning to the idea that the amount that satoshi owns is a burned amount of BTC and dollars that shall be used as a contribution to the bitcoin economy. That is an advantage for us because it means that Bitcoin is never going to zero and with all of the FUD that we've got in the past, that means only thing and that is to see that this project is going to keep on going even the period of time until most of the countries adopt it. Satoshi isn't even going to recognize that he's recognized as one of the richest person ever with that holdings he's got.

Offline segmadis

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Re: richest person on earth
« Reply #12 on: December 19, 2024, 08:54:29 AM »
What I was thinking few months back is that if (that will happen one day) BTC goes to $1M, Satoshi (whoever he/she/they is/are) will have a net-worth of $1T, then this man or group will have more than the first few richest combined.
That's actually a mind-boggling.

Offline defy

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Re: richest person on earth
« Reply #13 on: December 19, 2024, 10:51:51 AM »
I am leaning to the idea that the amount that satoshi owns is a burned amount of BTC and dollars that shall be used as a contribution to the bitcoin economy. That is an advantage for us because it means that Bitcoin is never going to zero and with all of the FUD that we've got in the past, that means only thing and that is to see that this project is going to keep on going even the period of time until most of the countries adopt it. Satoshi isn't even going to recognize that he's recognized as one of the richest person ever with that holdings he's got.

Good point actually. Satoshi was most likely mining Bitcoin into another wallet under a different name and criteria.

Essentially the Satoshi wallets are a gift to the community reducing Bitcoins available supply.
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Re: richest person on earth
« Reply #14 on: December 19, 2024, 11:02:50 AM »
I am leaning to the idea that the amount that satoshi owns is a burned amount of BTC and dollars that shall be used as a contribution to the bitcoin economy. That is an advantage for us because it means that Bitcoin is never going to zero and with all of the FUD that we've got in the past, that means only thing and that is to see that this project is going to keep on going even the period of time until most of the countries adopt it. Satoshi isn't even going to recognize that he's recognized as one of the richest person ever with that holdings he's got.

Good point actually. Satoshi was most likely mining Bitcoin into another wallet under a different name and criteria.

Essentially the Satoshi wallets are a gift to the community reducing Bitcoins available supply.
I think it was the easiest to monitor the early wallets when someone who just got in and checked them. And that's true, it could be more than a million of Bitcoin that's lost forever and considered as a donation to the community. Imagine that, that's a lot of money thats being spared and contributed to this great community.

 

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