In the year 2021, the greatest uncertainty of Bermuda Triangle has come a convincible end. On the other end, mystery behind identity of the Satoshi Nakamoto was in shadow. Now, Bitcoin is really worth for about US$46,000. The value of cryptocurrency managed to hit US$68,000 in the month of November.
Bitcoin Predictions by Experts!
It predicted by experts that price of Bitcoin will go near to US$100,000 in the year 2022. Inspite of stimulating interest in the bitcoin, the creator’s identity is behind the walls. Unluckily, there is absolutely no assurance that revealing the identity of Satoshi could do something good to falling market of Bitcoin.
Bitcoin Held by Satoshi!
Almost 1.1 million Bitcoins held by Satoshi Nakamoto. The value is about US$70 billion. Bitcoin was the dominant cryptocurrency which rocked entire financial ecosystem. This also emerged as digital token which countered as well as contemplated customary financial models.
Bitcoin starts the journey from scrape and is now value for US$46,000. Owing to rolling dominance of various digital currency such as altcoins such as Ethereum, Ripple, Cardano even came in existence. However, instead of the growing significance, Satoshi Nakamoto, is still to be revealed.
Impact of Identity disclosure of Satoshi
Revealing the identity of Satoshi Nakamoto could be key threat to market of cryptocurrency. Various possible events can also happen when the identity of Satoshi is brought under scanner. Fact is, Satoshi holds 1.1 million Bitcoins, that is about 5% of total supply. So, when Satoshi plans selling them, the market of cryptocurrency as a whole may also collapse. Hence, revealing the face of a person which is behind Bitcoin is definitely not help digital currency market. Bitcoin will also have their ground from popularity and adoption and also making bounce back in the year 2022.