Satoshi Nakamoto net worth
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What is Satoshi Nakamoto’s net worth?
Satoshi Nakamoto is a Japanese-American computer software developer and allegedly a Bitcoin entrepreneur with a net worth of $66 billion. According to a generally accepted legend, Satoshi Nakamoto is the imaginary creator of the digital currency Bitcoin.
It is said that he was born in a very poor family in Beppu, Japan in July 1949. His father is a Buddhist monk. His parents divorced, and Satoshi Nakamoto moved to California with his mother in 1959. After graduating from university, Satoshi worked as a technical contractor for various Defense Department companies. He has been married twice and has six children.
Bitcoin creation
It is believed that Satoshi Nakamoto’s motivation to create a digital currency came after he was fired from two jobs in the late 1990s and lost his home due to foreclosure. He started working on the original source code of Bitcoin sometime in the early to mid-2000s. Bitcoin was officially launched in 2009 as an open source software digital currency. In the next two years, the price of a single Bitcoin never rose by 30 cents, but by the end of 2011, it had broken through $32 and then fell back to $2.
From 2012 to 2013, as more and more people around the world began to praise Bitcoin as the world’s most important “cryptocurrency”, its price reached a peak of US$266 in April 2013 and then fell back to US$50.
In January 2021, the price of a single Bitcoin exceeded $40,000. At that level, the total value of all bitcoins in circulation is estimated to exceed $1 trillion.
An article in Newsweek claimed that Satoshi Nakamoto has so far been unable to sell any of his tokens due to fear of revealing his true identity. On March 6, 2014, a reporter from Newsweek found someone they believed to be Satoshi Nakamoto in Temple City, California, east of Los Angeles. This Satoshi Nakamoto apparently lives in an ordinary home and drives an ordinary Toyota Corolla CE, even though it is said to be worth more than billions of dollars. It is still unclear whether he will cash out his wealth more freely now.
Bitcoin wallet
It is believed that Satoshi Nakamoto controls 1 million Bitcoins. In December 2013, when Bitcoin broke through $1,000 for the first time, his wealth exceeded $1 billion for the first time.
When Bitcoin first reached $40,000 in January 2021, his net worth was $40 billion.
When Bitcoin reached $48,000 in February 2021, his net worth was $48 billion.
When Bitcoin reached $61,000 in March 2021, his net worth was $61 billion.
When Bitcoin reached $69,000 in September 2021, his net worth was $69 billion.
