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Who is the father of Bitcoin How old is the father of Bitcoin

Date:2024-04-04 18:40:37 Channel:Crypto Read:
Amid today’s digital currency frenzy, Bitcoin has been the focus of much attention. However, behind all this, there is a mysterious name - the father of Bitcoin. Who is he? How rich is he? This article will delve into the identity and wealth of this mysterious figure and unveil his mystery.
The birth of Bitcoin is inseparable from a mysterious figure, who is called the father of Bitcoin. The identity of this character has always been mysterious, and some even suspected that he was a team rather than a single individual. In the Bitcoin white paper, he goes by the pseudonym "Satoshi Nakamoto", but to this day, his true identity remains a mystery. Some people speculate that he may be a computer scientist, while others believe that he may be a pseudonym for a group of people. Regardless, the identity of the father of Bitcoin has always been a mystery in the cryptocurrency world.

The four most famous international exchanges:

Binance INTL
OKX INTL
Gate.io INTL
Huobi INTL
Binance International Line OKX International Line Gate.io International Line Huobi International Line
China Line APP DL China Line APP DL
China Line APP DL
China Line APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.

The wealth of the father of Bitcoin is even more confusing. According to data on the Bitcoin network, the father of Bitcoin is said to own a large number of Bitcoins, said to be in the millions and worth billions of dollars. This huge wealth has triggered countless speculations and rumors, and has also given the father of Bitcoin a mysterious color. However, how this wealth is accumulated and how it affects the development of the cryptocurrency market is still an unsolved mystery.
Behind the identity and wealth of the father of Bitcoin lies a deeper story and influence. His identity was mysterious and his wealth was huge, but more importantly, he created a new form of currency and changed the entire financial system. As a decentralized digital currency, Bitcoin is not controlled by any government or institution, providing people with a safer and freer transaction method. This revolutionary form of currency not only changed people's understanding of finance, but also affected the development direction of the entire society.
Although the identity of the father of Bitcoin is mysterious, his influence is far-reaching. His innovation not only changed the form of money, but also affected people's view of the financial system. Under his leadership, the cryptocurrency market has grown rapidly, attracting the attention of countless investors and entrepreneurs. The contribution of the father of Bitcoin is undoubtedly indelible, and his figure will forever remain in the history of digital currency development.

Speaking of Bitcoin, more and more people must have begun to understand it, and more and more people have begun to invest. Some people even have a belief in Bitcoin. Bitcoin has gone through many surges. Its high rise has made many investors jealous and they have joined in. Whenever Bitcoin rises or falls, some people will seize the opportunity. Although there are also many investors in the process of investing. The losses were heavy, but there was still a steady stream of investors entering the market, so it can be said that Bitcoin is a digital currency that people love and hate. Many investors want to know who is the father of Bitcoin? They still don’t know how many Bitcoins the father of Bitcoin has? Let the editor of the currency circle talk about it below.

## Who is the father of Bitcoin?

The father of Bitcoin is Satoshi Nakamoto. In October 2008, a person named "Satoshi Nakamoto" proposed the concept of Bitcoin in an academic paper. Subsequently, Bitcoin existed in the open source software designed based on its ideas and the P2P network built on it. It is a "digital currency" composed of a long string of computer codes and once became the darling of the global financial market.

Since the emergence of Satoshi Nakamoto, countries around the world have not stopped searching for who he is. Satoshi Nakamoto's name slowly began to be talked about among Bitcoin fans, and a large number of admirers emerged. Some people began selling T-shirts with the words "I am Satoshi Nakamoto" printed on them, calling for the smallest unit of Bitcoin to be named "Satoshi". Some people have also begun to publish science fiction novels and comics with Satosh as the theme, constantly digging into the mystery and bits and pieces of Satoshi's life experience. On May 20, 2013, Ted Nelson, the father of HYTP and an American computer scientist, revealed his verification results to the outside world, believing that Satoshi Nakamoto was Shinichi Mochizuki, a mathematics professor at Kyoto University in Japan, and spoke highly of his completeness. Qualified for the Nobel Prize in Economics.

Who is Mochizuki Shinichi? It is said that he was born in 1969. He entered Princeton University in the United States as an undergraduate at the age of 16, completed his PhD at the age of 23, and became a full-time professor at Kyoto University in Japan at the age of 32. He is smart enough and fully capable of coming up with a complex system like Bitcoin. Moreover, his field of work itself also covers Bitcoin’s mathematical algorithms. He likes to work independently, avoids publicity, and does not use conventional academic publishing mechanisms. He generally does not comment on his papers after they are published, but allows others to understand them on their own. Looking back now, on the first day when Bitcoin went online, there was a computer that started mining Bitcoin non-stop. This machine must have belonged to him.

## How many Bitcoins does the father of Bitcoin have?

In 2008, a person named Nakamoto published a 9-page white paper, which mentioned Bitcoin for the first time, calling it a "peer-to-peer electronic cash system."

A few months later, Nakamoto released Bitcoin's first software and worked online with developers and coders to improve it.

The collaboration lasted until 2011, when Nakamoto disappeared without warning. Emails sent to a fellow Bitcoin developer revealed that the founder had moved on to other things.

Argentinian researcher Sergio Demian Lerner estimates that Nakamoto amassed approximately 1 million Bitcoins before disappearing. Today, these Bitcoins have a market capitalization of over $6 billion.

Analysts predict that the founder of Bitcoin will be worth $100 billion by 2077, Matt Green, a cryptography professor at Johns Hopkins University
Green said that the supply of Bitcoin is limited and is expected to reach 21 million by the end of 2140. Inventor Nakamoto’s 1 million Bitcoins represent 5% of the entire cryptocurrency market.

If you controlled a million of them, he said, you would have the ability to flood the market at any time. Because they are valuable and rare.

Basically, if Nakamoto chooses to sell his Bitcoins, they will flood the market, causing the price of Bitcoin to shrink.

If Bitcoin functioned as a global currency, the Bitcoin founder would likely be the richest man in the world, and would have a higher percentage of Bitcoin than gold currently held by the U.S. government.

If Bitcoin fulfills its role of becoming a global currency, Bitcoin founder Satoshi
Nakamoto may be the richest man in the world, with a high percentage of Bitcoin holdings worth more than the gold held by the U.S. government.

By the way, currently, the U.S. government has the largest gold reserves in the world, about 8,000 tons, accounting for 4% of the world’s total supply, while the father of Bitcoin owns 5% of the entire Bitcoin market.

The above content is the detailed answer of the editor of the currency circle to the two questions of who is the father of Bitcoin and how many Bitcoins the father of Bitcoin has. In fact, one of the biggest secrets in the currency circle is Satakhi, the inventor of Bitcoin.
The identity of Nakamoto, because this name is just a pseudonym, and after Bitcoin created the encryption security system in 2008, no one could figure out who the father of Bitcoin was. Therefore, the identity of the founder of Bitcoin has always been It's all a mystery. In fact, it is not that important who the father of Bitcoin is. If we insist on revealing its identity, Bitcoin may be eroded by politics and lose its current fairness.

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