Think bitcoin is dead? Here’s why it’s making a comeback
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There is an enormous amount of mystery surrounding the creator of Bitcoin. Satoshi was reportedly born on April 5, in Japan. He's never been perfectly identified and there are many skeptics who think "Satoshi" is just a big wild goose chase. But whoever created Bitcoin was clearly a brilliant programmer.
Too bad he or she might be dead and their enormous fortune might be lost forever…. The domain name Bitcoin. Nakamoto implemented the Bitcoin software as we know it today in January of Nakamoto mined the first 50 Bitcoins on January 3, Over the next few months, the price of a single Bitcoin fluctuated between 6 and 10 cents.
There will only ever be a total of 21 million Bitcoins released. As the creator and predominant first Bitcoin miner, Satoshi collected or rewarded himself with 1 million Bitcoins in those early months. You can see those 1 million coins sitting in his public wallet.
They have not been accessed or spent since January And that's bitcoin rapper wife dead very strange situation. So here's where it gets crazy: It's a little suspicious and strange that someone would launch Bitcoin in Januarygive themselves 1 million coins and then never access those coins again or at least over the last 9 years. How would he have not sold SOME along the way?
One simple theory that explains why the Bitcoins have not been accessed in 9 years is that Satoshi is dead and that he died not long after creating Bitcoin. How else can you explain 1 million Bitcoins just sitting there for 9 years? And the big problem here is that if he did indeed die, the money is likely lost forever. Ok not "lost", bitcoin rapper wife dead likely inaccessible to anyone. Again, just judging by the fact that not a single coin has been sold in 9 years, it feels like Satoshi never told anyone his true identity.
And therefore no one would know the password to his private Bitcoin wallet. Bitcoin isn't like a bank that you can petition to access a dead relative's account. Bitcoin rapper wife dead the password or wallet itself is gone, the Bitcoins are gone forever. Or maybe Satoshi is not dead and he is just patiently watching his creation become more and more valuable just as he predicted and planned.
Prior to launching Celebrity Net Worth, Brian spent seven years as the Managing Editor of one of the largest entertainment portals on the internet. Before that, Brian attended Georgetown University where he double majored bitcoin rapper wife dead finance and marketing. Satoshi Nakamoto net worth: Satoshi Nakamoto is a Japanese-American computer software developer and Bitcoin entrepreneur who bitcoin rapper wife dead a net worth.
By Joseph Gibson on Dec 27, According to Chainalysis' findings, the number of bitcoins that have been lost bitcoin rapper wife dead could range anywhere from the lowball end of 2.
Satoshi Nakamoto - the mysterious creator of Bitcoin - is now officially one of the 50 richest people on the planet: With Bitcoin continuing to grow and grow monetarily, it's easy to figure out why a concentration of investors are getting so much of the action — most people can no longer afford to play.
