Topic: 85 Richest People In The World Have As Much Wealth As The 3.5 Billion Poorest (Read 2365 times)
February 02, 2015, 03:27:04 PM
Get the richest people to spend their money! Give them things or services to buy or causes to support. Getting money back in the system (if this news makes you angry)!
February 02, 2015, 02:26:55 PM
satoshi - 1 million btc
Karpeles- 850,000 btc
pirate - 700,000 btc
ulbricht - 650,000 btc
winklevoss -210,000btc
btc is not exactly fair either in comparison when you count some of the wealth the major players have or had control off in some cases
and these are just the ones we know about ,there could be whales out there with as much or more that just keep their info
off the radar
Karpeles- 850,000 btc
pirate - 700,000 btc
ulbricht - 650,000 btc
winklevoss -210,000btc
btc is not exactly fair either in comparison when you count some of the wealth the major players have or had control off in some cases
and these are just the ones we know about ,there could be whales out there with as much or more that just keep their info
off the radar
Wow does the Winklevoss got that much.
Now I understand why the want to regulate BTC. 
February 02, 2015, 09:01:09 AM
satoshi - 1 million btc
Karpeles- 850,000 btc
pirate - 700,000 btc
ulbricht - 650,000 btc
winklevoss -210,000btc
btc is not exactly fair either in comparison when you count some of the wealth the major players have or had control off in some cases
and these are just the ones we know about ,there could be whales out there with as much or more that just keep their info
off the radar
Karpeles- 850,000 btc
pirate - 700,000 btc
ulbricht - 650,000 btc
winklevoss -210,000btc
btc is not exactly fair either in comparison when you count some of the wealth the major players have or had control off in some cases
and these are just the ones we know about ,there could be whales out there with as much or more that just keep their info
off the radar
Wow does the Winklevoss got that much.
Now I understand why the want to regulate BTC. 
February 02, 2015, 08:57:49 AM
First off. Wealth is not money. Again. Wealth is not... money. Wealth is things produced by other people that make us feel better off. It is therefore limitless. Enjoying someone singing is wealth. Someone else digging a hole then filling it in is not wealth. It might be a job creation scheme but it is not wealth. Therefore it is physically impossible for 1% of the population to actually have half of all the worlds produced wealth, or half of everything being created. However, it is possible for 1% of the population to be in someway responsible for producing half the worlds wealth and this could be partly why half of all the money or IOU's in the world, has ended up with them. Which means the other 99% of us should maybe be grateful to and encourage the 1% because without them we might all be half as well off.
And yes, I am so extremely grateful for the 1% and their money laundering, tax evasion, fraud, neglect of social responsibility, impoverishing of society, desire to cut social programs, and overall self righteousness
Youre Welcome
February 02, 2015, 08:56:05 AM
First off. Wealth is not money. Again. Wealth is not... money. Wealth is things produced by other people that make us feel better off. It is therefore limitless. Enjoying someone singing is wealth. Someone else digging a hole then filling it in is not wealth. It might be a job creation scheme but it is not wealth. Therefore it is physically impossible for 1% of the population to actually have half of all the worlds produced wealth, or half of everything being created. However, it is possible for 1% of the population to be in someway responsible for producing half the worlds wealth and this could be partly why half of all the money or IOU's in the world, has ended up with them. Which means the other 99% of us should maybe be grateful to and encourage the 1% because without them we might all be half as well off.
Wealth is money. It's "an abundance of valuable resources, possessions, or money." Don't be metaphorical and poetic; if I'm poor and homeless, I can't listen to someone sing and suddenly afford food and a house because I'm now wealthy. Wealth is very limited. That's why if these people control all of it, it leaves nothing for the rest of society.
And yes, I am so extremely grateful for the 1% and their money laundering, tax evasion, fraud, neglect of social responsibility, impoverishing of society, desire to cut social programs, and overall self righteousness
February 02, 2015, 07:46:21 AM
First off. Wealth is not money. Again. Wealth is not... money. Wealth is things produced by other people that make us feel better off. It is therefore limitless. Enjoying someone singing is wealth. Someone else digging a hole then filling it in is not wealth. It might be a job creation scheme but it is not wealth. Therefore it is physically impossible for 1% of the population to actually have half of all the worlds produced wealth, or half of everything being created. However, it is possible for 1% of the population to be in someway responsible for producing half the worlds wealth and this could be partly why half of all the money or IOU's in the world, has ended up with them. Which means the other 99% of us should maybe be grateful to and encourage the 1% because without them we might all be half as well off.
February 01, 2015, 12:45:52 AM
this gap will keep increasing with time, The rich get richer and the poor get poorer
may be we will see some day that 90% of world's total wealth belong to few hundred peoples
Just make sure your one of the few hundred may be we will see some day that 90% of world's total wealth belong to few hundred peoples
February 01, 2015, 12:43:42 AM
World population is expected to cap at around 11-13 Billion and then recede back to betwen 8-10 billion. Awareness of economic distributions will be much more apparent as this happens.
Population growth is anyway expected to be higher in developing countries. So imbalance in economic distribution will increase before it gets better.
February 01, 2015, 12:27:10 AM
World population is expected to cap at around 11-13 Billion and then recede back to betwen 8-10 billion. Awareness of economic distributions will be much more apparent as this happens.
What's the time frame for a world with 13 billion people?
Not in our lifetime I would imagine...
January 31, 2015, 02:30:48 PM
World population is expected to cap at around 11-13 Billion and then recede back to betwen 8-10 billion. Awareness of economic distributions will be much more apparent as this happens.
January 31, 2015, 10:49:08 AM
this gap will keep increasing with time, The rich get richer and the poor get poorer
may be we will see some day that 90% of world's total wealth belong to few hundred peoples
may be we will see some day that 90% of world's total wealth belong to few hundred peoples
January 31, 2015, 02:29:01 AM
satoshi - 1 million btc
Karpeles- 850,000 btc
pirate - 700,000 btc
ulbricht - 650,000 btc
winklevoss -210,000btc
btc is not exactly fair either in comparison when you count some of the wealth the major players have or had control off in some cases
and these are just the ones we know about ,there could be whales out there with as much or more that just keep their info
off the radar
Karpeles- 850,000 btc
pirate - 700,000 btc
ulbricht - 650,000 btc
winklevoss -210,000btc
btc is not exactly fair either in comparison when you count some of the wealth the major players have or had control off in some cases
and these are just the ones we know about ,there could be whales out there with as much or more that just keep their info
off the radar
This is just one asset class.
If Bill Gates decides to convert a portion of his wealth into bitcoins, he would be up there as well.
You just have to look at distribution of wealth, not distribution of an asset class.
people say fiat wealth is unevenly distributed ,btc wealth is also very unevenly distributed
whats your point ?
January 31, 2015, 02:06:15 AM
satoshi - 1 million btc
Karpeles- 850,000 btc
pirate - 700,000 btc
ulbricht - 650,000 btc
winklevoss -210,000btc
btc is not exactly fair either in comparison when you count some of the wealth the major players have or had control off in some cases
and these are just the ones we know about ,there could be whales out there with as much or more that just keep their info
off the radar
Karpeles- 850,000 btc
pirate - 700,000 btc
ulbricht - 650,000 btc
winklevoss -210,000btc
btc is not exactly fair either in comparison when you count some of the wealth the major players have or had control off in some cases
and these are just the ones we know about ,there could be whales out there with as much or more that just keep their info
off the radar
This is just one asset class.
If Bill Gates decides to convert a portion of his wealth into bitcoins, he would be up there as well.
You just have to look at distribution of wealth, not distribution of an asset class.
January 30, 2015, 05:15:43 PM
As the World Economic Forum begins in Davos, Switzerland, Oxfam International has released a new report called, “Working for the Few,” that contains some startling statistics on what it calls the “growing tide of inequality.”
According to the United Nations, however, estimated that the world population reached seven billion in October 2011 Using that figure 0.0000012% of the people in the world have as much wealth as 50%
http://www.forbes.com/sites/laurashin/2014/01/23/the-85-richest-people-in-the-world-have-as-much-wealth-as-the-3-5-billion-poorest/
According to the United Nations, however, estimated that the world population reached seven billion in October 2011 Using that figure 0.0000012% of the people in the world have as much wealth as 50%
http://www.forbes.com/sites/laurashin/2014/01/23/the-85-richest-people-in-the-world-have-as-much-wealth-as-the-3-5-billion-poorest/
That peoples will conqueor the world.
I think if that billionaire buy a ton of bitcoin, I'm sure it will deeply affect on the price
They already have conquered it. They run everything, many people just haven't realized it
January 30, 2015, 09:58:06 AM
As the World Economic Forum begins in Davos, Switzerland, Oxfam International has released a new report called, “Working for the Few,” that contains some startling statistics on what it calls the “growing tide of inequality.”
According to the United Nations, however, estimated that the world population reached seven billion in October 2011 Using that figure 0.0000012% of the people in the world have as much wealth as 50%
http://www.forbes.com/sites/laurashin/2014/01/23/the-85-richest-people-in-the-world-have-as-much-wealth-as-the-3-5-billion-poorest/
According to the United Nations, however, estimated that the world population reached seven billion in October 2011 Using that figure 0.0000012% of the people in the world have as much wealth as 50%
http://www.forbes.com/sites/laurashin/2014/01/23/the-85-richest-people-in-the-world-have-as-much-wealth-as-the-3-5-billion-poorest/
That peoples will conqueor the world.
I think if that billionaire buy a ton of bitcoin, I'm sure it will deeply affect on the price
January 30, 2015, 09:41:07 AM
No worse than Bitcoin's distribution.
Bitcoin is an infant, open source project, comparing it to the wealth distribution of the USD is idiotic.
When it started, only a handful of people had any BTC, today there are approximately 1-2M users and growing.
If you really want to compare, then consider the damage QE (and central manipulation causes), and the numerous other flaws of the fiat system. In contrast, bitcoin is transparent, non-discriminatory and voluntary.
January 30, 2015, 01:24:57 AM
What is stopping you from becoming the CEO of your own business right now and growing it to multi-million dollar status?
In a word? Conscience.
The funny thing about conscience though is that everybody arbitrarily draws the line somewhere, so it's kinda hard to get a sense of what it actually means. It's cool to be self-righteous but you gotta be careful not to overdo it lest you find yourself on the wrong side of humanity
I'm not self-righteous, just half decent, and I don't think I'm on the wrong side, but I'm definitely on the losing side. I had a business and know enough that hard work doesn't get you very far. You really need to have a kind of predatory sense and be willing to take more than your fair share to become truly successful.
Without this ' 0.0000012% of the people in the world have as much wealth as 50% ' we wouldn't be here discussing about it. I understand this is a hard concept to grasp, the wider the gap between the extremely rich and the extremely poor, the faster humanity 'progresses'. It's literally potential energy, no pun intended.
This is bullshit in the 21century with automation taking over all the jobs. Most rich people just sit their asses and accumulate wealth. The "rich people are the best cuz they innovate and give jobs" is a myth.
What is stopping you from becoming the CEO of your own business right now and growing it to multi-million dollar status?
A couple things
Social conscious is one. I'm not willing to have foreign workers slave away in shit poor conditions so I can manufacture things for less. I'm not willing to support the bombing of other countries so I can get oil for cheaper. I'm not willing to take all of society to shit by abusing their trust.
Big businesses are an issue. They can easily drive down prices to take all your customers. They are protected, "too big too fail," they can do what they want. Unless a new company is completely innovative or has a product unlike any other, you are hard pressed to survive long, much less reach the heights of these companies. Besides, multimillion companies are pocket change for these big guys.
And social status is another. My family is just a normal middle class family, well off, but not by any means rich. I have a lot of respect for many rich people that made the classic rags to riches story, but the majority of the richest people come from wealthy, important families, so of course they can achieve that wealth more easily.
These people only make money to help themselves make more money. Imagine how different the world would be if they only gave half a shit about the rest of society.
Well said.
I'd just like to clarify that "giving half a shit" about people does not mean cheating and/or killing them for profits, then giving back some percentage of your spoils to whitewash your devious deeds in the name of philanthropy.
January 30, 2015, 12:40:21 AM
Without this ' 0.0000012% of the people in the world have as much wealth as 50% ' we wouldn't be here discussing about it. I understand this is a hard concept to grasp, the wider the gap between the extremely rich and the extremely poor, the faster humanity 'progresses'. It's literally potential energy, no pun intended.
This is bullshit in the 21century with automation taking over all the jobs. Most rich people just sit their asses and accumulate wealth. The "rich people are the best cuz they innovate and give jobs" is a myth.
What is stopping you from becoming the CEO of your own business right now and growing it to multi-million dollar status?
A couple things
Social conscious is one. I'm not willing to have foreign workers slave away in shit poor conditions so I can manufacture things for less. I'm not willing to support the bombing of other countries so I can get oil for cheaper. I'm not willing to take all of society to shit by abusing their trust.
Big businesses are an issue. They can easily drive down prices to take all your customers. They are protected, "too big too fail," they can do what they want. Unless a new company is completely innovative or has a product unlike any other, you are hard pressed to survive long, much less reach the heights of these companies. Besides, multimillion companies are pocket change for these big guys.
And social status is another. My family is just a normal middle class family, well off, but not by any means rich. I have a lot of respect for many rich people that made the classic rags to riches story, but the majority of the richest people come from wealthy, important families, so of course they can achieve that wealth more easily.
These people only make money to help themselves make more money. Imagine how different the world would be if they only gave half a shit about the rest of society.
January 30, 2015, 12:36:47 AM
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The forum doesn't support that html tag, just thought you should knowI think it makes sense that the 85 richest people own this much. They created the companies that all of us know and use every day, it only makes sense. I didn't really expect anything else...
January 30, 2015, 12:26:20 AM
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