Within the years since, Bitcoin has developed from an obscure and esoteric venture to a trillion-dollar monetary asset drawing consideration from governments, monetary establishments, companies and buyers. Regardless of dozens of believable theories, Nakamoto’s identification stays elusive and their estimated stash of 1 million BTC stays unmoved.
With a present BTC worth of round $54,000, Nakamoto’s projected fortune is roughly $54 billion. As Cointelegraph just lately speculated, a BTC worth of $182,000 — thought-about possible by many crypto lovers — would make Nakamoto the world’s richest particular person. The Bitcoin worth peaked above $64,000 earlier this month earlier than correcting decrease.
The thriller surrounding Nakamoto was the topic of a March 2021 Cointelegraph Brasil interview with Dustin. D. Trammell, one of many first cypherpunks to mine the digital forex. In that interview, Trammell speculated that it was unlikely Nakamoto labored on an e-cash protocol earlier than Bitcoin given their “lack of bias” in implementing new expertise.
“In hindsight, Satoshi didn’t appear to be making an attempt to unravel a technical downside, however reasonably a social downside. A systemic downside with the legacy monetary system. On the time although, they had been very targeted on the expertise, so a few of the philosophical factors might have been ignored or downplayed by these not paying shut sufficient consideration.”
Though Bitcoin has but to stay as much as all of the tenants of Nakamoto’s unique 2008 whitepaper, its confirmed financial coverage has made it a pretty retailer of worth. For now, the narrative surrounding Bitcoin being an immutable “digital gold” is resonating with mainstream buyers.
It’s not solely clear whether or not Satoshi Nakamoto will ever resurface — or whether or not they’re nonetheless alive, for that matter — however the cryptocurrency group has come to phrases with the founder’s anonymity. Nakamoto’s work spawned the widespread adoption of blockchain expertise beneath a brand new ethos of decentralization. That ethos was just lately on show within the Cointelegraph High 100, with crypto’s most influential particular person being “all of us” who’re contributing to a extra decentralized world:
“In these networks, during which we regularly take part pseudonymously, we sense the chance to regain a few of what we’ve misplaced to more and more centralized entities that seize our information, invade our privateness, dictate the phrases beneath which we would trade worth, and specify the extent of economic threat to which we must be uncovered.”