Bulgaria is the World's Second Largest Bitcoin Owner

in #bitcoin6 years ago

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The price of bitcoin at its creation in 2009 was only 10 cents. But the course of the first cryptocurrency quickly grew and now 1 BTC costs about $ 7,500.

The growth has been significant and with its help in the last 8 years many millionaires appeared. Here's the ranking of the top 10 people and organizations with the largest number of bitcoins.

1.Satoshi Nakamoto

The creator of bitcoin, hidden behind the pseudonym, Satoshi Nakamoto, is the main holder of bitcoins. According to experts, to date, Nakamoto owns 1.1 million BTC. The reason for this wealth is the early crypto mining in its earliest days. This is about seven and a half billion dollars. Nakamoto didn’t use his crypto and didn’t turn it into a fiat money or for other purposes. If Nakamoto decides to sell all his bitcoins, the price of the main cryptocurrency will fall instantly.

2.Bulgaria

Nowadays Bulgaria is one of the biggest bitcoin fortresses in the world. Everyone is wondering how this small European nation has managed to accumulate such a large amount of bitcoin? Arrests of a large number of organised crime members, held in May 2017, resulted in the seizure of 213,519 BTC. This amount is enough to pay 25% of the country's national debt.

According to the Bulgarian authorities, the criminals used their technical skills to avoid paying taxes. The bitcoin the government holds is worth around $ 1.6 billion. The Bulgarian government does not comment on the status of these digital coins.

3.BitFinex

This is the exchange with the most bitcoin wallets. They own 163,133.38 bitcoin worth approximately $ 1 billion. The digital coins are stored in cold wallets - systems that are not connected to any network. In this way BitFinex's bitcoins are protected from hackers.

4.FBI

The FBI is one of the most famous bitcoin owners. In September 2013, the FBI held a campaign against the Silk Road site - the scandalous black market for drugs. Then the FBI seized 144,000 bitcoin.

5.The Winklevoss Twins

Cameron and Tyler Winklevoss are the first bitcoin millionaires. They became very popular after they sued Mark Zuckerberg because he had stolen the idea of Facebook.

They have earned $ 65 million in the case and in 2013 they have given $ 1.5 million of that amount to buy bitcoins. To date, this investment has increased by 20000%.

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