Background

The elusive and mysterious creator of Bitcoin that goes by the pseudonym Satoshi Nakamoto released his Bitcoin whitepaper in 2008.

His idea came in times of financial crisis, as a revolt against big banks, which were responsible for the downfall of the property market.

Back in the early days, people were able to mine BTC on their normal computers, unlike today’s high energy-consuming bitcoin mining farms.

The rise of BTC

The BTC price didn’t do much until 2013, when it started to rally massively. This is when Satoshi’s stack of BTC was starting to gain a lot in value.

After all, Satoshi was the one who mined the first genesis block on the 3rd of January 2009 with 50 BTC as a reward.

He also set aside 1 million BTC for himself at the start of the project, which is sitting untouched in a wallet ever since.

With this amount of money today, he has more than 50 billion dollars.

The reality

In my humble opinion, Satoshi Nakamoto is dead. If he wasn’t, he would use at least part of the money in his wallet to support either his next projects or BTC itself. What do you think?