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I just reviewed something that keeps fascinating me: the question of who owns Bitcoin and its most intriguing answer. Satoshi Nakamoto, the pseudonymous creator, has a fortune that places him among the richest people on the planet. We're talking about over $134 billion if we count his approximately 1.1 million bitcoins untouched since 2010.
What I find most interesting is that no one really knows who the owner of Bitcoin is in terms of identity. Satoshi simply disappeared in 2011 after his last public communication. He left the network running and never moved a single satoshi from his holdings. Not one. That’s what fuels all the speculation.
If you want to understand who controls Bitcoin, the technical answer is that no one controls it completely. But if we talk about who has the most potential influence by volume of coins, that would be Satoshi. With his holdings, he would be just outside the top 10 richest people in the world, above people like Michael Dell or Rob Walton of Walmart.
Satoshi’s wallet obtained all of it through mining in the early days of the network, when Bitcoin was running on a few laptops. That was when almost no one understood what was happening. Sixteen years later, that network he launched quietly now has a valuation of $2.4 trillion.
What’s fascinating is that unlike other billionaires, Satoshi didn’t raise venture capital, didn’t create a traditional company, didn’t do an IPO. He just wrote code, shared it, and disappeared. That’s what makes the question of who owns Bitcoin so special in the history of money.
Currently, Bitcoin is at $80.89K, quite different from its all-time highs, but the power structure Satoshi left behind remains decentralized. No one can touch those bitcoins without the private key. No one knows if Satoshi is alive, dead, or simply decided not to interfere anymore. That’s what makes him unique in the history of global wealth.