Bitcoin is worth a bit over $56,000 atm and nobody cares. This new type of asset has gone from a mere cents in value to nearly $60,000 in one decade summing one trillion dollars in total market cap and nobody cares... What do I mean nobody cares? Well, considering what percentage from the total world population is involved in crypto... that's nobody.
The world's richest man right now is Elon Musk and his total net worth is 157.4 billion USD according to google. Elon Musk has become a name in the crypto industry as well in the past couple of years, and especially since his epic DOGE pump. He's not made rich through crypto though. He started his entrepreneurial path back in '99 and PayPal and Tesla are two of the world's biggest company names that belong to Elon.
His days are numbered as the world's richest person as there's some guy coming after his ass at quite a pace. That man is Satoshi Nakamoto. Is he a man, a woman or a group of persons? I guess nobody knows for sure, what we know is that he/she/them are holding one million Bitcoin. From a total supply of 21 million coins, one million belong to Satoshi. A few millions are probably lost forever giving BTC even more scarcity, but the idea is pretty clear.
This man, and for the sake of this post lets refer to him as a single entity, owns 1 million Bitcoin which at the current price are valued at over $50 billion. That's a hell lot of money from someone who invented an internet currency, as some dumb politicians like to portray him. If Elon will not pass $157.4 billion USD in net wroth this year, supposing that no other billionaire will flip his position either and Bitcoin reaches a level of $158,000 then we have a new world's richest man.
And that's Satoshi Nakamoto. It took Elon Musk over 20 years of heavy efforts poured into several businesses and probably a lot of stress fueled by very high ambitions to get to become the world's richest person. Satoshi Nakamoto has only a code to his resume, for when he'll become the world's richest entity in the world and that could be possible in a bit over ten years of business existence.
When in the history of humanity someone has managed to become the world's wealthiest person in a bit over a decade? When did that happen and such a person was even anonymous?... Well, some might argue Elon's position and that could be true as we really can't count everybody's actual wealth in this world. Who knows how much do Rothschilds and Rockefellers own...
The idea is that a computer generated code, as that's how I see a Bitcoin wallet address, will own the biggest wealth on earth. Satoshi Nakamoto at that point will redefine richness, will write his name in the history of humanity and a whole new era will begin. Look at how many car companies are trying to copy Tesla's success although there's still fossil fuel to burn the gas further with traditional internal combustion vehicles.
Elon Musk has marked the beginning of a new era and now it's time for Satoshi Nakamoto to do that to. Another question that might pop right now is: will BTC reach $158,000 this year? Nobody knows for sure, but the way it's rallying I'd say it will. I'd also say that Satoshi becoming the world's richest man is inevitable and the whole world moving to a digital economy is a must at this point.
Tesla has almost redefined the concept of auto vehicles in less than eight years and it's clear we're not turning back, we just have started. Bitcoin is on the cusp of redefining the concept of money/wealth and burn traditional economies to the ground. Diesel and petrol engines will probably be history in a bit over a decade from now and so will the cash defined society that we currently live in.
Nobody knows who Satoshi Nakamoto is, but he seems to have sparked the next technological revolution. This guy/entity deserves to be the world's richest person in the world and we deserve to be wealthy as early adopters of this technology and new economy. There's gonna be a lot of redesigning in this world for the next decade or so.
By the way @empoderat, you should thank Satoshi for becoming a millionaire 😀 a few days ago.
Thanks for attention,
Adrian