So I've seen many threads created about Satoshi Nakamoto, the so called creator of Bitcoin. Which brought me to this question, Does Satoshi Nakamoto matter?
Especially now that bitcoin is being accepted quite well, and also its value rising every day.
Does it matter who its creator is? Or is he dead or alive or what he has to say?
What impact will any of this can have on bitcoin today or tomorrow?
He holds around 6% of the current circulating supply of Bitcoins which makes him a billionaire if he actually exists anymore and also puts him on Forbes list of richest at place #237 if I read correctly earlier. Let alone for being the creator of this wonderful digital currency, he also paved way for the whole altcoin industry to take shape based on his work. Just look at his trust page on the forum you will realize how much appreciation the man has received.
The only thing that matters about him is the 1.2% bitcoins he holds in his wallet which could crash bit coin economy if released at once.
The correct number is 5.89% which when priced at $6000/BTC makes his net worth a whopping $6 billion.
SOURCESo if the only reason he matters is because he owns 6% of bitcoin, and you fear the price would crash if he decides to cash his bitcoin in one go, the point would be why would he do that? Its illogical, he created bitcoin for good and he knows what would happen if something like that happens, so why would he do that, he obviously won't do it for the money because I'm sure by now he has enough of it already, and also to him, bitcoin would be more than just money.