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Who actually owns Bitcoin? That question remains one of the biggest mysteries in the crypto world, and what I realized today makes it even more fascinating.
Satoshi Nakamoto, the anonymous creator behind Bitcoin, is probably nearly the 10th richest person in the world. With an estimated net worth of over $134 billion — based on about 1.1 million BTC — this mysterious figure would be close to Steve Ballmer and Warren Buffett. But here’s the crazy part: not a single BTC has ever been moved.
That’s exactly what makes me think about who actually owns Bitcoin, or more precisely, who holds these coins. Satoshi’s wallet has remained completely untouched since 2010. All those years, all those price increases, and yet nothing. It feels almost surreal — you have billions in value, but you never touch it.
The speculation is, of course, endless. Is Satoshi dead? Missing? Or has this person or group simply decided to withdraw from the project forever? No one knows, and that’s actually the genius of it.
What also strikes me: unlike other billionaires, Satoshi didn’t build a company, didn’t give a pitch, didn’t put anything on the market. Just launched Bitcoin and disappeared. And look what has come of it — a network worth $2.4 trillion.
The recent activity around Bitcoin is also interesting. MicroStrategy bought 535 BTC last week for about $43 million, at an average price of $80,340 per coin. It shows that institutional players are still aggressively accumulating. This actually underscores how far we’ve come since Satoshi’s last public message in 2011.
So who is the owner of Bitcoin ultimately? Technically, no one and everyone at the same time. Satoshi gave it away, and now it belongs to all of us. That’s probably exactly how it was meant to be.