Can Satoshi become the richest person on earth in future ?

[bounceback]

I agree with @Ruttoshi.
Satoshi could become the richest person in the world if Bitcoin reaches a certain price point, possibly above $600k; however, Elon Musk or other people who are at the top of that list will need to have a very slow growth in their net worth for that to happen, which is not going to happen as long as they are alive and have their businesses and ventures up and running.

Besides, I don't know if Satoshi's wealth will count or not, or whether he could be considered to be on that list or not, because the bitcoins are only lying around in his wallet since the beginning, no one even knows if he owns that wallet, or he's even alive or not. For one to be the richest person in the world, he has to have an existence, of course.

If the growth of bitcoin prices can soar rapidly then it can be said that satoshi will be the number one richest person in the world even though currently Elons Musk has various assets but the growth of assets owned by Elons Musk will not be comparable to the number of bitcoins owned by Satoshi because we have seen so far many people who have become rich unexpectedly who invested in bitcoin when the price of bitcoin has increased significantly even though they only have a few bitcoins let alone Satoshi who so far holds 1 million bitcoins so it is not impossible for him to rank first as the richest person.

[Nothingtodo]

I was reading a thread here

https://bitcointalk.org/index.php?topic=5561340.0

and it came to my mind that bitcoin value is increasing at very rapid rate. Is it possible that Satoshi could become the richest person on the earth in future because of huge bitcoin holdings ? Or is the gap already too much ?

If Satoshi keeps the Bitcoin holdings in his wallet like this and the way the price of Bitcoin increases over time, he will surely become one of the richest people in the world one day. If Satoshi removed Bitcoin from his wallet, it could have a major impact on the Bitcoin market, possibly diverting the wealthy from the queue. But if Satoshi is alive then he will be able to see him getting rich and if he is dead then he will be recognized as one of the invisible riches in the world.

Bitcoin's price rise alone isn't enough to make Satoshi the richest person in the world. For that to happen, bitcoin needs to rise quickly and strongly, while ensuring that the fortunes of top billionaires like Elon will decrease or slow down. Only then can he rise to the top, but the chances of that happening are very low if we look at the growth in wealth of Elon and other top billionaires.

In my opinion, he will almost certainly retain his position as the richest person in the crypto industry, but to become the richest person in the world, surpassing tech billionaires is not an easy task.

However, Satoshi's inclusion in the list of the world's richest people depends on the Bitcoin market. A few days ago, Satoshi managed to enter the top 11 of the world's richest people, but he could not hold that position for long. Since the amount of his wealth depends on the price of Bitcoin, the current price of Bitcoin is close to 90,000, meaning that Satoshi is not in the top 11 richest people in the world, but has lost his position due to the downward decline. However, if the market grows in the future, then if his wealth is calculated, he can definitely move into the top 10 of the world's richest people, but it will not be easy to get to the top number one.

[CryptoYar]

[...]

Yes wealth of Satoshi Nakamoto changes with price of Bitcoin since their place on list of richest people in world directly shows market. They are truly quite unsteady as their position is based on their whole fortune of 1 million BTC, which is only in Bitcoin, so small drop in price would make them lose billions and drop them out of top lists. Moderate increase in price would put them right back in the top 10, but that is right that it is very difficult to get to number one spot since it would need price of Bitcoin to go to extremely high to make their wealth similar to richest people in world today. Which is looking difficult because most of the analysts are saying bear market has just started.

[Mpamaegbu]

~

Don't you think Satoshi has other wallets than the ones we know?

I'm of the opinion that he would have pockets of hodlings kept away from preying eyes besides the reported address most people associate with him. Except we assume that Satoshi isn't smart and sagacious, that's when we can think he doesn't have. I don't think there's any dev who doesn't keep bits of their project token here and there. Some of them would say it's for project development when caught to be having hidden addresses.

[CryptoBuds]

If the growth of bitcoin prices can soar rapidly then it can be said that satoshi will be the number one richest person in the world even though currently Elons Musk has various assets but the growth of assets owned by Elons Musk will not be comparable to the number of bitcoins owned by Satoshi because we have seen so far many people who have become rich unexpectedly who invested in bitcoin when the price of bitcoin has increased significantly even though they only have a few bitcoins let alone Satoshi who so far holds 1 million bitcoins so it is not impossible for him to rank first as the richest person.

Satoshi has the potential to become the richest man in the world if bitcoin can grow rapidly and reach unimaginable prices. But it would be a grave mistake to assume that Elon's wealth or that of other billionaires cannot compare to bitcoin's or cannot grow rapidly.

Have you ever learned about Elon or some other billionaires' assets? As minairia3 said, his wealth has increased more than 20 times in just five years, and he is the only person with a fortune of $500 billion. How many people can do that? If Elon can maintain that growth rate, even if bitcoin hits 1 million, I think it will be difficult for Satoshi to surpass him as the richest person in the world.

[leonardBig]

I was reading a thread here

https://bitcointalk.org/index.php?topic=5561340.0

and it came to my mind that bitcoin value is increasing at very rapid rate. Is it possible that Satoshi could become the richest person on the earth in future because of huge bitcoin holdings ? Or is the gap already too much ?

For Satoshi Nakamoto to become the richest person in the world, Bitcoin would not only have to break records, but basically devour the current financial system.Given that Bitcoin is currently trading around $62,000, it only needs to increase its value fivefold. In the crypto world, a fivefold increase isn't unheard of; it's happened before and could happen again in the next bull market (2028-2030).