NewsletterSatoshi Nakamoto’s 15-Year-Old Prediction Just Proved Why Bitcoin Still Wins
Highlights
- Satoshi Nakamoto’s 15-year-old prediction that Bitcoin's utility would outweigh its electricity consumption is coming true.
- Over a decade of this prediction, the Bitcoin price has moved from just $0.07 to $116k today.
- Bitcoin is reacting to the European Central Bank's rate cuts today, defying global uncertainty.
Satoshi Nakamoto’s nerdy creation of Bitcoin has become one of the biggest assets in the world. Coming from a mere value of just a few cents, the token is worth $116k today and even higher at the prime of $123k. Notably, while this development keeps the investors hooked, Nakamoto’s 15-year-old prediction is taking shape.
Satoshi Nakamoto Predicted ‘Bitcoin to Exceed Electricity Cost’
Today, August 7, marks the 15th anniversary of Satoshi Nakamoto’s prediction for Bitcoin. On August 7, 2010, Satoshi predicted that the utility of BTC exchange would exceed the cost of electricity required to run them. Interestingly, at that time, the BTC price was just $0.07, but today it is worth $116k.
The utility of the exchange made possible by Bitcoin will far exceed the cost of electricity used. Therefore, not having Bitcoin would be net waste.
- Source: BitcoinTalk, Satoshi Nakamoto’s Prediction
Interestingly, the quote resurfaces in the crypto community today, where analysts like Crypto Rand remind the world of this prediction. Back then, this BTC was in its infancy and had more to lose, but today it is building a $2.3 trillion industry.
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- Source: X, Crypto Rand
Notably, the electricity consumption is still an issue and subject to criticism worldwide. Satoshi’s predictions stand true and explain how Bitcoin is winning against the odds. Its demand has moved from investors to institutions to government, as many, including the U.S., are working on a Strategic Bitcoin Reserve.
Bitcoin Reacts to EU Rate Cuts, More to Go
Satoshi Nakamoto’s Bitcoin is the biggest digital currency and is also regarded as the ‘digital gold.’ In 2025 alone, it has hit multiple ATHs, in terms of price rallies, ETF inflows, and global adoption, including institutional buys. However, the volatility still impacted its performance on occasion, as evidenced by the recent drop to $113k this week, but the price changed today.
As the Bank of England has introduced rate cuts of 25 basis points to 4.00%, the BTC price is reacting positively. Notably, this is the second rate cut this year and aligns with their mission to bring inflation down to 2% target. The significant developments have affected the crypto market performance positively, pushing BTC to a week high, above $116k, ETH to $3.8k, and more.
However, Trump’s tariff spree and the delayed interest rate cuts in the US are pulling it down from the ATH milestones.
Frequently Asked Questions (FAQs)
1. What was Satoshi Nakamoto’s 2010 prediction?
2. Is Nakamoto’s prediction accurate today?
3. How has Bitcoin performed in 2025 so far?
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