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The answer to this question might be obvious to those who have been following the Silk Road saga.
The US government owns the largest Bitcoin wallet
In September the FBI closed in on the online black market Silk Road, shutting down the website and seizing thousands of bitcoins – worth $3.6 million at the time.
As a result, the US government now owns the “single largest Bitcoin wallet on the internet,” controlling more than 144,000 bitcoins from one virtual wallet, Wired reports. The FBI also seized a wallet with 30,000 bitcoins prior to September’s Silk Road raid.
Based on today’s price of one Bitcoin, this stash is worth more $100,000 million.
But while the government may have the biggest single Bitcoin wallet, it is not the biggest holder of the cryptocurrency.
Wired says that Bitcoin inventor Satoshi Nakamoto – whoever he is – is estimated to have 1 million coins in various wallets.
Read the full Wired story here.
4 Comments
Matt
I am retarded. I feel Bitcoins are a great investment and will continue to rise. Did I mention I am retarded? That is all.
InDutchessFamous
Satoshi is not one person, but a group of 10-20 people who worked on the original concept.
Gregory Miller
Personally: not convinced. ZeroBlock, BitCoin Monitor and services like miningbeast.com are nice, but still every transaction is traceable, you will definitely have to somehow convert it to real money.
Milly Bitcoin
A wallet is a collection of Bitcoin addresses. That is done locally on the users computer so there is no way to tell who has the largest “wallet.”