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When Bitcoin first appeared the value of each coin was under 10 cents. However, 9 years later, one coin of this crypto-currency reached over $13 000, helping someone to become a billionaire. Here is a list of some of the wealthiest Bitcoin owners.
1. Satoshi Nakamoto
Satoshi, who is believed to be the creator of Bitcoin, owns 1.1 million coins of the currency which, if you do the math, has given this person $6 billion. To avoid the money crashing to the ground, he has not exchanged most of these Bitcoins to other money. Some analysts say that if this person decided to sell all of their coin that the Bitcoin would plummet instantly.
2. Bulgaria
Several years ago the police did raids on some criminal organizations and confiscated a large amount of Bitcoin. Specifically, they got 213,519 coins, which is enough to pay off most of their national debt. If they were to manage their numbers correctly they would come up with $1.2 billion. The administration of the country hasn’t made public their reason to do the raids.
3. Bitfinex
This is a cryptocurrency exchange which is also owning the biggest BTC wallets in the world. There are 163,133.38 Bitcoins, which converts to $1 billion. Many believe that they are stored in a cold wallet and this way they are safer.
The country currently owns a lot of Bitcoins, making it one of the biggest owners. After the law enforcement authorities did multiple raids on some criminal organizations they confiscated 213,519 Bitcoins. With this amount ¼ of the national debt could be paid. If we do the math the amount is around $1.2 billion. The administration hasn’t disclosed publicly any details about the crypto.
4. The FBI
It is among the wealthiest owners of crypto. It has been taking the digital assets of criminals and slowly but surely accumulating a big mass of BTC. One they took 144,000 which belonged to the founder and operator of the dark web bazaar, Ross Ulbricht.
He is believed to have made a couple of mistakes which enabled the FBI to find and catch him. Silk Road is said to have traded over 9.5 million Bitcoins.
5. The Winklevoss Twins
They are popular for becoming the first Bitcoin billionaires. First the world heard of them after they sued Mark Zuckerberg because he had stolen the Facebook idea from them. They received a compensation of $65 million and with a fraction of the money they bought 1.5 million Bitcoins. Their price has gone up by around 20 000% since then.
Some think that those guys currently own 1% of all Bitcoins. Their total wealth is at $400 million. They launched Windex and also invested a lot of money in BitInstant.
6. Garvin Andresen
Garvin Andresen is the one who is believed to be the reason why Bitcoin is where it is today. Many believe that he is actually Nakamoto. He denies and says that they are just old friends. After being picked by Nakamoto for a successor, he became the primary developer for the open-source code, used in crypto. His wage was more than $200,000 at a certain moment and he was paid in Bitcoins by the Bitcoin Foundation. Garvin is known to have cashed out the amount many times.
7. Roger Ver
He was one of the first Bitcoin billionaires and many think that he currently owns over 100,000 Bitcoins. Rumor has it that he became a college dropout in order to concentrate on his Bitcoin projects.
His dream is a bit different from that of some other billionaires – he wants to see a world where every person owns his personal life and is free to do whatever he wants. He is currently living on a secluded island in the Caribbean.
Who Are the Wealthiest Owners of Bitcoin?
Bitcoin is a digital form of currency that has created unprecedented wealth and opportunity for early adopters. As its value increases, so does the amount of money that holders can earn if they take advantage of the market’s fluctuations.
So, who are the wealthiest owners of Bitcoin? The simple answer is that no one knows for sure. Because Bitcoin is anonymous and decentralized, it is extremely difficult to determine specific ownership. However, there are certainly reports of individuals who have made a great deal of money through early adoption or active trading.
Some of the most well-known “Bitcoin Billionaires” include:
• Tyler and Cameron Winklevoss – The Winklevoss twins are probably the most famous investors in Bitcoin. In 2013, they claimed to own approximately 1% of all Bitcoin in circulation at the time.
• Barry Silbert – Silbert is the founder of the Digital Currency Group and an early adopter of Bitcoin. He is rumored to have made a lot of money by investing early on.
• Roger Ver – Ver is a major Bitcoin advocate and was one of the earliest investors to really embrace the cryptocurrency. It is believed that he holds a significant amount of Bitcoin.
• Satoshi Nakamoto – Many people speculate that Satoshi Nakamoto, the creator of Bitcoin, is the wealthiest Bitcoin owner. It is unknown how much Satoshi owns, but the estimated value of his holdings could be more than $5 billion.
Frequently Asked Questions About Who Are the Wealthiest Owners of Bitcoin
• Who are the wealthiest owners of Bitcoin?
The wealthiest owners of Bitcoin are unknown due to the anonymous nature of cryptocurrency transactions. However, some of the most well-known “Bitcoin Billionaires” include Tyler and Cameron Winklevoss, Barry Silbert, Roger Ver, and possibly Satoshi Nakamoto.
• How much money do they have?
It is unknown how much money the wealthiest owners of Bitcoin have. However, it is believed that some of them may have made billions of dollars through early adoption of or trading in the cryptocurrency.
• How do people become wealthy through Bitcoin?
People become wealthy through Bitcoin by taking advantage of its volatile nature and rapid price appreciation. By investing early, trading actively, or by providing services related to cryptocurrency, people can make a lot of money with Bitcoin.
Summary
It is believed that there are more than 153,000 BTC addresses that have over 10 Bitcoins. All of the rich people from the list, combined with those thousands of addresses are actually just 1% of the total Bitcoin amount, which is currently available. Crazy, right?
Bitcoin is a decentralized, digital form of currency that has made many early adopters and active traders wealthy. The wealthiest owners of Bitcoin are unknown, due to its anonymous nature, but some of the most famous include Tyler and Cameron Winklevoss, Barry Silbert, Roger Ver, and the creator of Bitcoin, Satoshi Nakamoto. People become wealthy through Bitcoin by taking advantage of its market fluctuations and investing or trading in it.