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Topic: 2,300 billionaires, each holding $600m of cash on average (Read 3616 times)

newbie
Activity: 40
Merit: 0
Cant believe there are more billionaires in Hong Kong than Singapore.
hero member
Activity: 859
Merit: 1000
just wait for the banks clamping their accounts Wink
member
Activity: 72
Merit: 10
I'm sure some may invest in bitcoin, but what would be the point? They've already got enough money or more than they could ever need.
Just because they have enough money for themselves does not mean they do not want to invest what they have to create more wealth (potentially to leave to their heirs, or to give to charity when they die).
full member
Activity: 195
Merit: 100

Where is the joy or pleasure in that? It is an obsession - a disorder.

The same can be said about things like skydiving ,adventure seeking,hardcore gaming, book reading or even quilting and gardening.Unless you share their passion you'll probably never understand the drive behind them, why they seek more , new avenues/experience and why people strive to be better at it.



On another note, reading this thread seems strolling the vineyard of sour grapes. Cheesy
hero member
Activity: 686
Merit: 500
It must be a mental disorder to have that much money. Seriously, and I don't mean it offensively. The level of obsession has definitely got to be passed after a certain point, where you have more money than you could possibly spend in your lifetime, and yet you still continue to hoard as if you do not have enough.

Where is the joy or pleasure in that? It is an obsession - a disorder.
hero member
Activity: 672
Merit: 503
Switzerland have way to many billionaires.
It's ridiculous and really fishy how that small land has gathered so much money, I dont believe for a second there isn't something else going on.
member
Activity: 84
Merit: 10
★Bitin.io★ - Instant Exchange
Switzerland have way to many billionaires.
legendary
Activity: 994
Merit: 1002
Hopefully for them they hoarding the cash and not just number in bank account. When it goes wrong they can at least use the paper to generate heat in winter days. But hopefully it can last few more generations, I have some cash as well  Cheesy
full member
Activity: 195
Merit: 100


billionaires should be prohibited by law and all put in prisons for life time.

Unless they're us ,right? Roll Eyes

no excuses. I would gladly be billionaire and be imprisoned. since would buy my way out anyway.

So basically , the price of  being highly successful at what you do( even if it's legal) is imprisonment and you're okay with that.And in order to get released they must surrender a portion of their wealth to the government (beats taxing everyone ,I suppose).Seems legit.

I'm totally with you  . A government that blindly jails  innocent just for being amazing at making money does seems very utopian to me too.
sr. member
Activity: 490
Merit: 266
I'm sure there are a few trillionares as well, but they would be of the record








legendary
Activity: 1512
Merit: 1012
I'm sure some may invest in bitcoin, but what would be the point? They've already got enough money or more than they could ever need.

well ... no.
I don't want that my bank freeze my account for a ball-in ... that it legal in my country since december 2013.

bitcoin is as fast as paypal, now to withdrawn with services like this : https://www.coinhouse.io/faq (pay in bitcoin, receive a virtual number in credit card to pay = 6% of fee)
member
Activity: 84
Merit: 10
★Bitin.io★ - Instant Exchange


billionaires should be prohibited by law and all put in prisons for life time.

Unless they're us ,right? Roll Eyes

no excuses. I would gladly be billionaire and be imprisoned. since would buy my way out anyway.
member
Activity: 120
Merit: 10
$600m  Shocked Huh

where and how
full member
Activity: 195
Merit: 100


billionaires should be prohibited by law and all put in prisons for life time.

Unless they're us ,right? Roll Eyes
sr. member
Activity: 406
Merit: 250
AltoCenter.com
If only I could become a billionaire...
member
Activity: 84
Merit: 10
★Bitin.io★ - Instant Exchange
If you were given 1 dollar for every second since the day you were born, you would be a millionaire by 10days old.

At this same rate, you wouldn't become a billionaire until you are 31 yrs old….


a billion is an insane amount of money, and no one should have that amount before the whole world has enough food and necessities.

a million is not all that much, i mean it's nice to have, but it's not as much as you'd think.

many people in a western society will actually earn a million or more throughout their lives, but most of it will be eaten away by taxes and also housing and food etc.

billionaires should be prohibited by law and all put in prisons for life time.
legendary
Activity: 1736
Merit: 1001
Be great if some of this money started flowing into Bitcoin




http://rt.com/business/190100-billionaires-hoarding-millions-cash/




If this happens the sky is the limit lol.
sr. member
Activity: 462
Merit: 250
Great fortunes are made through concentrated risk, they are kept through diversification
On that basis alone, I doubt too many of them will do much more than maybe dabble
hero member
Activity: 784
Merit: 1000
https://youtu.be/PZm8TTLR2NU
Saw this article a couple days ago...survival of the fittest.
Read more. http://www.democracyjournal.org/16/6740.php?page=all
full member
Activity: 212
Merit: 101
One day the illusion that the $ is a safe haven will shatter. My money is on bank bail-ins.

Well, ask yourself: Are these super powerful, rich people at top moving millions going to simply sit back and relax as their super fortunes vanish? Not in a million years. USD will not fail unless these guys want to imo, because they control everything.
They are not going to allow for big Bitcoin holders to be the new elite, they'll do something about it. I don't know what, but something.

Oh and becoming a millonaire, let alone a billonaire, depends on so many factors that it's mostly luck.

Unless you are a member of the Bank of International Settlements, you know nothing.

http://redefininggod.com/2014/09/mainstream-globalist-propaganda-reveals-eastwest-conflict-is-a-farce/

Thanks for posting that great article, now I just need to go and vomit..

I find it disgusting that they are stealing our Gold. It's no wonder the FED and BOE won't audit their gold reserves. The shock will be that the West has no Gold.

When official unemployment figures are less that 6.5% and the official inflation rate is above 2% for consecutive months get out of Western Fiat currency and into hard assets (plus Bitcoin), as interest rates hikes will plunge us into the abyss.
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