Bitcoin is the new thing, the revolutionary thing. Ever since the conception in 2009, it have been taken to be the most reliable and safe mode of payment. With digital signatures that cannot be easily forged, they also provide for a relatively simple mechanism for transfers and transactions.
Considering the great options that they are, it is understandable that the one who brought them to the world is wealthy and well to do. In the world of cryptocurrency, the name of Satoshi Nakamoto has been immortalized. S/he is the person who, almost single-handedly, developed an international standard of payment. Bitcoins are so reliable that their spread has become quite unprecedented. Further, they tend to be used in most transactions taking place internationally.
Not only has Satoshi invented the concept of Bitcoins, but s/he has also authored Bitcoin Whitepaper, a peer-to-peer Electronic Cash System. With 1,000,000 BTC holdings, valued to US$11,788,200,000 according to today’s rate. This already is enough to put him on the Forbe’s List of Billionaires. At the rate of increment of Bitcoin conversion rates, his current position as the 44th richest man in the world might soon change.
According to predictions, the current conversion rate of 1 Bitcoin to 11820.60 USD is to hit as staggering an amount as $1,000,000. This would make him the 2nd richest man alive, higher even than Bill Gates, the founder of Microsoft.
If this turns out to be true, a time may come when the List of Billionaires might be too small for him/her. He/she might need a new list, one covering Trillionaires. One may find that if the holdings of Bitcoins are considered in the world over, Satoshi is richer than nations. Satoshi owns 4.82% while the USA owns 4.39%. Let’s take into consideration the going prices of gold. Satoshi will still be wealthier than the most powerful economy in the world.
When the final statistics are seen, one may find that Satoshi Nakamoto is worth over $19.4 Billion. This makes her/him the 44th richest in the world over. All said and done, wherever Satoshi Nakamoto is now, he/she is probably smiling up at the heavens, sleeping atop a bed made of digitalized currency, praising God and his/her ingenuity.