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Topic: [2018-04-09] Bitcoin’s Richest Could Own a Significant Part of Global Wealth (Read 111 times)

legendary
Activity: 3234
Merit: 5637
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The title itself may have two meanings.,First is not accurate just because total value of all mined BTC is now around 114$ billion,and in the article we can read that Jeff Bezos have 112$ billion-so theoretically he could buy all BTC which exist at this time.The second assumption is maybe projected to the future,when the BTC market is worth a trillions of dollars,then we can say that some of Bitcoin’s richest can possess a substantial part of the world's wealth.

Regarding to BTC addresses,we can only speculate who owns a certain amount of BTC,but it is true that some of top addresses probably belong to Satoshi,Winklevoss-twins and MtGox trustee.
legendary
Activity: 4438
Merit: 3387
Yet another confused author that doesn't seem to understand that the Bitcoin Rich List shows addresses and not people, and that Bitcoin represents only a small fraction of the wealth in the world.
legendary
Activity: 1232
Merit: 1091
I don't like it when yet again, the old Bitcoin wallet wealth distribution is being part of the subject. It's impossible to just point at whatever number of wallets and say these belong to that number of millionaires. On top of that, hasn't the FBI already sold all its known holdings through their auctions? I can't find anything stating otherwise, where they don't even provide an explanation or source to back up their claims, so I'll assume that this article is mainly set up with things to make it look more interesting or even disturbing for the less knowledgeable readers. Yet again a sensation driven article rehashing what most people already know....
tyz
legendary
Activity: 3360
Merit: 1533
Bitcoin’s Richest Could Own a Significant Part of Global Wealth
Global wealth inequality had improved between 2000 and the financial crisis of 2007-2008 but the trend since has seen global wealth statistics shifting. The top 1% of individuals have gained a greater proportion of the world’s total wealth.
http://bitcoinist.com/bitcoin-rich-one-percent-global-wealth/
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