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Bitcoin Explained - Mysterious Bitcoin founder Satoshi Nakamoto may have never disappeared!




Bitcoin's creator may be worth $6 billion — but people still don't know who it is

One of the biggest mysteries in the technology world is the identity of Satoshi Nakamoto, the computer programmer who invented the digital currency bitcoin.

Experts agree that uncovering Nakamoto's identity could have an immense impact on bitcoin's economics and internal politics.
One of the biggest mysteries in the technology world is the identity of Satoshi Nakamoto, the computer programmer who invented the digital currency bitcoin.
Nakamoto is believed to possess about five percent of the entire cryptocurrency. Today, that stash is worth over $5 billion.
That's because the name—Satoshi Nakamoto—is a pseudonym. It could represent a man, a woman, or even a group of people.
That's a little over four percent of the world's total supply, less than Nakamoto's five percent stake in bitcoin.
And, since the cryptocurrency was created in 2008, no one has been able to figure out who Nakamoto really is.
Today, that stash is worth over $5 billion.
Some analysts believe bitcoin's rally is only just beginning.
Nakamoto's one million bitcoins amount to five percent of the entire cryptocurrency.
"I think the community may actually benefit if Satoshi did choose to come back and become a spiritual leader who could provide guidance and reconcile the community towards consensus," said Yu. So, Who is Nakamoto?
Kay Van-Petersen, a Saxo Bank analyst, told CNBC in May that he estimates bitcoin could hit $100,000 by 2027.
If that prediction comes true, Nakamoto would have around $100 billion. Source :

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Item Reviewed: Bitcoin Explained - Mysterious Bitcoin founder Satoshi Nakamoto may have never disappeared! Rating: 5 Reviewed By: PRASHANT ENTERPRISES