What Would Happen If Satoshi Nakamoto (Bitcoin’s Creator) Sold All His Bitcoin?

As you probably know, Bitcoin has increased its value again over the past weeks. And while many are satisfied from this price increase claiming that they earned well, it is also important to see the possible dangers and ‘what if’ scenarios.

For example, some people say that the entire ecosystem is sitting on a potential volcano that lays dormant at the moment – and others say that Bitcoin is a bubble that may suddenly destroy its value. One way or another, Bitcoin has been a massive revolution in the online world.
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However, if its creator (who has 1 million coins) decides to sell it, he could instantly destroy its value.

The Power That Satoshi Nakamoto Has Over Bitcoin’s Value

According to a lot of experts, Nakamoto has the power to tank the Bitcoin price whenever he wants. However, it is not in his best interest to do so. Wondering why?

Well, let’s just say that controlling Bitcoin is a great authority. But when you think about it, Nakamoto’s one million Bitcoins only amounts to 5% of the entire cryptocurrency. That being said, while Nakamoto had a greater power in the past, his power now is dropping only because more and more people are buying Bitcoin and the market cap is greater each day.

Still, Nakamoto’s focus is definitely not selling his one million Bitcoins – and he has really gone undercover when he pulled away from his creation. For a man with such high value nowadays, his influence has not been noted among the pseudo-anonymous Bitcoin network.

Other Factors That Are Somehow Protecting Bitcoin

It goes without saying that Satoshi Nakamoto is a smart man. In times when the Bitcoin has the brightest future and even the potential to become a currency itself, selling it would be a silly move. On the other hand, Bitcoin has a finite supply of 21 million which is expected to be reached by year 2140.

So in the end, while Nakamoto has all the power to cripple Bitcoin, it is in his best interest to not do so. This is another reason why people should consider investing in the cryptocurrency and make a safe bet in their future.