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Topic: Can bitcoin make someone the richest in the world? (Read 2411 times)

newbie
Activity: 38
Merit: 0
If you can invest in BTC at right time then you will be rich definitely. My personal idea is that BTC prices are never down.
newbie
Activity: 25
Merit: 1
Yes of course you can in a matter of time and likewise how financially you are, what i know is that if you get alot of money you can really invest and become more richer but for some people who aren't financially buoyant you can start from something and keep investing and get your interest.
If you are Rich you can only invest on Bitcoin and it only depend on how much large you go for it to be become Richer or Richest.
sr. member
Activity: 1492
Merit: 269
It all depends on the amount of how much money you invest. If the value is very large, it might happen. However, usually someone who is the richest in the world will not publish his wealth in the community, perhaps there are many considerations other than security and comfort.
full member
Activity: 1442
Merit: 153
★Bitvest.io★ Play Plinko or Invest!
I came to investigate the richest man in Africa, he is not a bitcoin users, but a business man who don't depend on bitcoin investment.
The richest man in the world, he is not a bitcoin users but a business man who use fiat Money to invest and make a good profit.
Is there any way someone can use bitcoin to invest and become the richest in the world?
Your opinion is needed.

Investing in BTC could make you rich but it's not enough to make you the richest person in the world. You may be one if you managed to buy probably a million worth of BTC way back in 2010 but just as I've said it's not enough to compare to billionaires who generate billions of money every day and have made many investments that will generate more money.
member
Activity: 251
Merit: 10
BIB Exchange
Yes bitcoin can make a person rich because it is most profitable. People are generating money by trading, holding and taking many advantages from bitcoin and thus people are getting rich by bitcoin.
jr. member
Activity: 121
Merit: 1
Bitcoin makes it very possible for someone to be rich, but to become the richest in the world it will be difficult. The richest people in the world are usually because they have their own innovation or technology. If you only follow Bitcoin investment, you may be left behind with people who have greater innovation. But Bitcoin really bears being able to change a person's fate, especially in terms of the economy, many of the traders who suddenly got rich by investing Bitcoin. So it doesn't matter not being the richest person in the world as long as your needs can be met and have additional income from Bitcoin.
sr. member
Activity: 1988
Merit: 453
Satoshi's coins (BTC980,000 according to most reliable estimates) are worth $48 billion as per current exchange rates. The richest person in the world, Jeff Bezos is now worth $177 billion (after his ex-wife took away around one-fourth of his wealth). It is a very simple calculation. If Bitcoin exchange rates increase by another 269%, then Satoshi Nakamoto will be the richest person on the earth. But there is a catch though. We still don't know whether Satoshi is alive or not. And even if he is alive, we don't know whether he is having the private keys to access his coins.
member
Activity: 756
Merit: 17
It depends on the amount you invest into Bitcoin. The more the investment, the more money you get in the end. And by the way, I've heard that Satoshi Nakamoto is already the richest person in the world technically. Satoshi is continuing to hold their Bitcoins and I don't think that they will ever convert their coins to fiat.
jr. member
Activity: 434
Merit: 1
Carrying or buying Bitcoin will never make anyone rich in the world. The person need to know the Trading thing and need to know when to invest because without the perfect timing, all of money will be in vein.
legendary
Activity: 1708
Merit: 1280
Top Crypto Casino
We don't need to become dependent on the cryptocurrency to become rich there's a lot of other ways to earn money as the statement given by the OP there is a lot of millionaire without having bitcoin and investment in crypto because they have the talent to handle and grow the money again the market of the crypto is volatile and if you are just starting with your business and other stuff to get rich it's better to invest in a secured path. The market change of the crypto is not for the people who become rich in just an instant holding a coin it's all about the strategy to handle the risk.
sr. member
Activity: 1428
Merit: 252
Many people from Bitcoin have been seen going to overnight but the richest in the world. C. Z. Allready, owner of the Binary Exchange, is one of the richest people in world.  He only earns money from cryptocurrencies.One of the richest people in the world today.


Yes right, I believe Binance voter income is bigger than Jack Ma, every second there are thousands of transactions and that is a huge value, this creates strong pressure from the government so currently binance implements KYC verification.
full member
Activity: 1190
Merit: 100
Many people from Bitcoin have been seen going to overnight but the richest in the world. C. Z. Allready, owner of the Binary Exchange, is one of the richest people in world.  He only earns money from cryptocurrencies.One of the richest people in the world today.
member
Activity: 1358
Merit: 81
OP, poses a fair question in our crypto space, that of meeting the richest person in the world through bitcoin.

Perhaps we are not close to the annual list published by the American business magazine Forbes. For example the richest man is Jeff Bezos with $ 177 billion.

Also according to Forbes the richest men who have invested in their crypto businesses.

Brian armstrong
Net worth: $ 6.5 billion

Sam Bankman-Fried
Net worth: $ 4.5 billion

Chris Larsen
Net worth: $ 2.9 billion

Michael Saylor
Net worth: $ 2 billion

Changpeng Zhao ("CZ")
Net worth: $ 1.9 billion

To name a few, this list represents the 2020 stats we will likely see Michael Saylor improve his rating in this category for next year.

The big investments in bitcoin barely happened in those last two years, it is only the beginning and they will be noticed very soon.

https://www.forbes.com/sites/jeffkauflin/2021/02/02/meet-the-11-billionaires-cashing-in-on-bitcoins-wild-rise/?sh=86a43d66ba29
full member
Activity: 269
Merit: 100
The Standard Protocol - Solving Inflation
I think this one is easy to be answered: If ever anyone becomes the richest person in the world with Bitcoin, it is probably Satoshi Nakamoto. I don't think there is a person or institution owning more than a million Bitcoin. In theory it could be possible though. If someone is a billionaire and slowly buying when Bitcoin was worth Cents, who knows. It is not entirely impossible. I am not exactly sure, but when Bitcoin was first traded on the very first exchanges I believe in 2010, it was traded for prices like $0.03. But that's is what I am trying to say, wouldn't that person be totally crazy when Bitcoin hit $1,000 to not sell? That is like 3,333 x, how can you even hold further?
member
Activity: 534
Merit: 19
I came to investigate the richest man in Africa, he is not a bitcoin users, but a business man who don't depend on bitcoin investment.
The richest man in the world, he is not a bitcoin users but a business man who use fiat Money to invest and make a good profit.
Is there any way someone can use bitcoin to invest and become the richest in the world?
Your opinion is needed.
Unless you were one of the believers since 2011 or below, there's less probability that you will be rich only by investing in BTC. In the other hand, if you were one of believer then possibly it could make you rich. Think if you invest a thousand dollars back then, it could give you millions right. You might not be the richest but you will be there. Furthermore, it will take a lot of work to be the richest man in the world. Knowledge, experience and things like perseverance will lead to total financial freedom but only holding a BTC right now will not make you the richest.
sr. member
Activity: 1722
Merit: 252
He certainly won't make him the richest man in the world, but at least you can provide yourself for bread with black caviar if you invest in it correctly. The richest people in the world always adhere to different types of investments, cryptocurrency alone will not make a person the richest.

The size of rich is certainly different, in my country people who have an income of about $ 1 million per year are rich, bitcoin has the potential to make anyone rich, large profit opportunities up to hundreds of percent per year so many people have earned millions of dollars from bitcoin and he has become rich .
member
Activity: 938
Merit: 13
Tontogether | Save Smart & Win Big
He certainly won't make him the richest man in the world, but at least you can provide yourself for bread with black caviar if you invest in it correctly. The richest people in the world always adhere to different types of investments, cryptocurrency alone will not make a person the richest.
member
Activity: 1120
Merit: 68
why ,have bitcoins to be the richest in the world?.
I think every rich technology literate person will definitely have their investment in bitcoin. but not as much as their fiat and real treasures that they use on a daily basis.
bitcoin is not a measure of everyone's wealth because many aspects are seen and
there are plenty of other competitors if that's the category.
You're not answering the question and also you need to learn grammar because no matter how much I want to read your sentences, they don't make sense. Now to answer the question, I think that if you have enough bitcoin and the price of bitcoin is just right, you can probably become the richest person in the world, I think about a million of bitcoin right now could make you a trillionaire.
legendary
Activity: 3178
Merit: 1054

if you are one of the johnny-come-lately but still have the billions to invest in crypto, you still could be rich but perhaps not the richest through Bitcoin. there is a way like having your own crypto exchange and make it popular than binance, then it's possible to accumulate BTC through your exchange. this method will probably make you spend millions too and getting homeless might be the result if you can't make it popular than binance.

why not just limit your expectation like, you get richer than what you are once you invest in BTC. it's more attainable.
hero member
Activity: 1260
Merit: 510
why ,have bitcoins to be the richest in the world?.
I think every rich technology literate person will definitely have their investment in bitcoin. but not as much as their fiat and real treasures that they use on a daily basis.
bitcoin is not a measure of everyone's wealth because many aspects are seen and
there are plenty of other competitors if that's the category.
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