Satoshi Nakamoto surpassed Sheldon Adelson, He Xiangjian and Len Blavatnik as the 33rd richest person in the world on the 12th birthday of his world-changing work Bitcoin.
In July 2020, Whale Alert estimated that Nakamoto managed to mine 1,125,150 BTC without leaving the community more than a decade ago. Assuming Satoshi is still alive, if he kept all his cryptocurrencies, he would have a net worth of $ 39.15 billion.
Earlier today, Bitcoin surged to an all-time high of $ 34,800, surpassing Chinese e-commerce giant Alibaba’s market cap. Unfortunately, anonymous names are not allowed on popular wealthy lists compiled by popular financial journals.
Bitcoin 12 Years Old
The Bitcoin network began to exist on January 3, 2009, when the first Bitcoin block of 50 tokens was issued by Satoshi. Last month, Bitcoin managed to surpass a significant adoption step, surpassing 600 million transactions. The first Bitcoin transaction took place between Satoshi and cypherpunk legend Hal Finney on January 12, 2009, about a week after the first Bitcoin block was mined. Bitcoin’s Initial Block can be regarded as the first concrete step that paves the way for blockchain to be used for peer-to-peer value transfers.
Satoshi Nakamoto also documented today’s date, which will be considered as Bitcoin’s birthday, with a message that he conceals to the Startup Block. Nakamoto added “Chancellor on brink of second bailout for banks” to the headline of The Times newspaper of January 3, 2009 (Chancellor on the brink of the second bailout package for banks). In addition to proving that the block was never produced before, this message carries a historical mark. The choice of this headline is also considered as a reference to the shortcomings and problems of the existing financial system.
The creation of the world’s first cryptocurrency made it possible to separate money and the state, as Andreas Antonopoulos, who is a cryptocurrency influencer and has been making speeches to promote and explain the biggest cryptocurrency all over the world for years:
“THE WORLD HAS CHANGED FOREVER. THE SEPARATION OF MONEY AND THE STATE HAS BECOME A REAL PROBABILITY FOR MILLIONS, BILLIONS. THANK YOU SATOSHI, HAL FINNEY AND ALL OTHER OLD BITCOIN TOOLS. ”
Twitter and Square CEO Jack Dorsey also wished Bitcoin a happy birthday in his post on Twitter.