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Topic: Can bitcoin make someone the richest in the world? - page 2. (Read 2411 times)

sr. member
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Bitcoindata.science
We calculate wealth based on accumulated asset and investments. Bitcoin is not a generally accepted mode of investment and so can't be used to calculate the networth of the richest man. But the truth remains the richest men still have some block of bitcoin reserved in their wallets and once it becomes a generalized legal tender then it's would be used in calculating individuals networth.
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Jeff Bezos' networth is 190 billion. Satoshi Nakamoto could be owning around 1 million Bitcoins. If 1 Bitcoin would cost more than $190,000 than his networth would be more than that of Jeff Bezos', assuming it won't change, for the sake of argument. There are other individuals who hold a lot of coins, but still much less than a million coins, so Bitcoin would need to cost millions of dolllars for them to become the richest person in the world.

Bitcoin and legal currency have one thing in common. They will not choose the rich and the poor. They can be used by anyone. Bitcoin is still in its infancy. Investing in Bitcoin and holding it for a long time will allow you to achieve wealth freedom. (The key point is still Are you rich in fiat currency). For those who are expected to realize the freedom of wealth, then accumulate your bitcoin amount little by little now and recharge your beliefs. This is the most effective way.
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I think there will be a lot of people who can afford to invest and get rich in this market, but who knows if they will become billionaires, millionaires or not.  Firstly, people who get rich from bitcoin, they don't need to brag about it.  Second: with the risk nature they can accept.  No one can confirm this.  OP's story is no exception, they have many different categories/categories to get rich.  It is completely natural.  No one denies that we are here for profit, for profit taking and accumulating
full member
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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.
can be friends, bitcoin investment can enter the richest person in the world as long as there is a lot of capital then now you invest and in the future you will be included in the list of the richest people in the world.
jr. member
Activity: 560
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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.


You are right, every business you can start with fiat even if you want bitcoin you need fiat or any other currency, in 2011 i don't know about Crypto currency but i always interested in new technologies so my friend given me 100 BTC in just 250$ and written in paper the wallet id's and ask me to safe it, in 2013 again he told me return it to me and i will pay you 500$ i said Ok and i am very happy that time but know i think why i sell.
Fiat is stable
Bitcoin All time high

   
hero member
Activity: 2128
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The word bitcoin was defined in a white paper published on 31 October 2008. So definitely we can say the bitcoin’s arrival is not so late. It is a decentralized digital currency that is why no one can not recognize him or her as the millionaire if he or she willingly express him/her self. But the way its price has gone up in the last few years makes it very clear that people have found huge profits from it. I think if all the countries of the world give legitimacy then we will get more richest man in the world.
sr. member
Activity: 2436
Merit: 455
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.

There are many other ways to be rich aside from bitcoin. While it is possible to become rich because of cryptocurrencies, you should know that there are many other people who are also aspiring to be wealthy with it. Hence, it's still better to diversify if you'll ask me. Many other sources of income is great if you really want to be on the list of top richest people in the world. Diversified fund allocation is a must. Different investment vehicles are of important to generate more money.

Also, please be reminded that bitcoin isn't a get-rich-quick type of scheme. It is volatile and you should know that its price value depends on what season the market is currently at. For someone to become the richest man in the world, first, he must have a lot of bitcoin to begin with. After that, he must wait for Bitcoin's value to mature and go up higher than the value when you compared to the net worth of the richest person and then divided by his number of bitcoin.
full member
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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.
Cryptocurrency is a new thing and bitcoin is still not recognized in many countries so that holders with lots of assets find it difficult to enter the list of the world's richest people.  if cryptocurrencies are adopted and recognized globally then we will see millions of newly rich people from crypto enter the list of the richest people in the world, i'm pretty sure it will happen in the next few years.
hero member
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If you want to determine the richest person in the World, you should try to understand or know who owns this Earth. I think he/she/they should have the power to control the affair of the world. How are you sure he/she is not a Bitcoin user and cares alot about Bitcoin? I definitely think he/she exist and is a Bitcoin user.

By the way, the CREATOR of Heaven and Earth makes you Rich (True Riches) not Bitcoin
Lets skip about that divine manner and stick out on what we are talking about riches in terms of money and i dont really believe much about those rankings which we can see on world ranks.
There would really be those people who are more richer than on to those who are on the list and making someone richest in the world through bitcoin? Of course it could really make him
be on the ranks basing on how much he do possess and how much is the value of bitcoin but wont still be able to beat out into those people who are sitting on the elite ranking which
are totally anonymous or hadnt been known yet.
Ucy
sr. member
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If you want to determine the richest person in the World, you should try to understand or know who owns this Earth. I think he/she/they should have the power to control the affair of the world. How are you sure he/she is not a Bitcoin user and cares alot about Bitcoin? I definitely think he/she exist and is a Bitcoin user.

By the way, the CREATOR of Heaven and Earth makes you Rich (True Riches) not Bitcoin
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Is there any way someone can use bitcoin to invest and become the richest in the world?
That is the ambition of everyone in this world. Not just investing in bitcoin but any other form of sustainability and the possibility of profit. we have heard about real estate, gold, stocks,...etc. Until bitcoin becomes a preferred type to look for opportunities. I came to bitcoin with that same hope, but it will take a long time to achieve, but I still follow my dream step by step. I don't hope to become the richest person in the world, I just hope it achieves a big change in my life. Lol
sr. member
Activity: 1274
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maybe for the current price we can say it is impossible to make someone rich using bitcoin, but we can understand a few years earlier with the bitcoin price level reaching a very high price it is not a very impossible thing to make someone able become a millionaire from the investment results of the crypto world
I disagree, Satoshi has a million in bitcoin since he was the first miner of bitcoin and given the current price of bitcoin, I can already tell you that Satoshi is the richest person in the world right now because he would've around trillions of dollars.
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Yes, it can make you the richest person in the world.
It can also make you nothing. Grin
full member
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If you consider the richest man in the world, elon musk a crypto currency investor . He a bitcoin and doge coin holder. He always improving dogecoin by different positive announcement. Satoshi nakamota 44th richest man in the world who the inventor of bitcoin.
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Is there any hesitation about it? Of course bitcoin makes a man rich and bitcoin has already proved it. If we think about the price of bitcoin on 5 years back then we will be able to find out the difference from current market place.
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I can tell you is what you googled and see that you know, do you ever imagine someone who bought an amount of bitcoin back in 2009 and has never sold, you can't know because they didn't declare their values to the world to know. Is very much possible to become the richest in the world through bitcoin but I don't even care about the richest as far as we have examples of people who have become rich through Bitcoin.
sr. member
Activity: 2366
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Can bitcoin make someone the richest person in the world? if in the world it seems impossible because in this world many of the richest people are not because of bitcoin or only partially invest their wealth in bitcoin and but not entirely because of bitcoin.
if bitcoin can only make people change their lives for the better individually or can turn them into wealth, it is possible and should be able to distinguish the richest in the world and only the rich, but all of that requires a long process and hard work and intelligence in thinking, because nothing is instant and besides that the richest people in the world have this mindset of the richest people different from ordinary people.
hero member
Activity: 1232
Merit: 500
can bitcoin make someone the richest person in the world,, in my estimation, someone can make people rich with bitcoin, because there is a lot of evidence that we see now, when bitcoin first appeared, it could be said that the price of bitcoin was very low, most likely people who bought bitcoin at that time, is now a rich person..
full member
Activity: 1484
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Of course there are, there are already many people in this world who are rich because of investing in bitcoin.  if we look at the price of bitcoin at first it was only $ 1 but now the price of bitcoin has reached $ 45k.  it was so amazing.  People who have long invested in bitcoin are certain to become rich.

The size of rich is different every place, if in the USA have $10 million not yet rich, but with $10 million in my country then already rich, with a price of $45k then bitcoin can make me rich if I have at least 200 btc, now I have around 0.0157 btc and wish I could rich if bitcoin price reaches at least $1 million.
hero member
Activity: 1302
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Of course there are, there are already many people in this world who are rich because of investing in bitcoin.  if we look at the price of bitcoin at first it was only $ 1 but now the price of bitcoin has reached $ 45k.  it was so amazing.  People who have long invested in bitcoin are certain to become rich.
- Not too many people store the first value of bitcoin until now, even they have spent as well as exchanged and given to anyone in the past as a gift, there is no retention criteria, Bitcoin rich people have only appeared in the last few years and honestly, probably only a few billionaires here with bitcoin, not the richest people in the world here, based on the market cap rate is enough for me to determine this problem, bitcoin needs to be higher for the next few years to bring in the richest king
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