What would happen if Satoshi Nakamoto sold all his Bitcoins?
The total supply of Bitcoin is 21 million,
which is expected to be fully mined by 2140.
With millions of Bitcoins hidden anonymously, it is reasonable to estimate that Satoshi Nakamoto could have more than 1 million Bitcoins.
The U.S. government has the largest gold reserves of any other entity in the world, about 8,000 tons.
Satoshi Nakamoto holds 5% of the total global supply, about 5%.
Satoshi Nakamoto's 1 million Bitcoins account for 5% of the total market value of Bitcoin.
Essentially, the mystery of Bitcoin's creator Satoshi Nakamoto has the entire BTC ecosystem sitting on a potential volcano.
It's dormant now, but if the creator is done with it, he could flood the market with 1 million Bitcoins and destroy its value.
One of the biggest mysteries in the world of digital currency technology is the identity of Satoshi Nakamoto. No one knows who he is, where he is, or what he is doing.
If Satoshi Nakamoto were to sell his Bitcoins, the entire market would collapse, and the price of Bitcoin would drop off a cliff.
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