Do bitcoin millonaires deserve their wealth? - page 46.

snowflakeofeng

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Quote from: orkoso on January 13, 2018, 12:18:11 PM

It is know that bitcoin has made a few millionaires, but many of these people don´t have any particular knowledge of the economy nor business. Do you think that is a fair situation?

I think is it fair because we had the opportunity to do the same and we didn't and now seen the future, is all clear for us.

alfs75

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Quote from: orkoso on January 13, 2018, 12:18:11 PM

It is know that bitcoin has made a few millionaires, but many of these people don´t have any particular knowledge of the economy nor business. Do you think that is a fair situation?

For me its is fair and deserving that bitcoin millionares deserve there wealth because they earned it,and they sacrifice most of time of there life, in this kind of bussiness before they can reach to the top.mostly millionaires now if you heard there story,they just like us in the beginning,digging for there needs,until they find out bitcoin bussiness first being the answer of there dreams and one example of this person is the founder of bitcoin satoshi nakamoto.

Shinpako09

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Of course they do, they work hard on it. They did nothing wrong so it was actually fair. Everyone who became millionaire because of btc deserves it.You only don't deserve your wealth if your money came from illegal doing.

richardsNY

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Everyone, regardless of that person having made a few thousand, a few million or a few billion, deserves to have its wealth. It doesn't even matter whether or not it was just an initial gamble by that person. Crypto in its entirety is a brand new asset class with a tremendous amount of potential, so those who were early enough to become millionaire, have done an exceptional job. Some of them made a well thought out investment with no further intentions behind it, and others have invested in Bitcoin to escape from everything related to the financial system. I personally fit in the latter category, because I feel very comfortable knowing that I am not exposed to all the negative side effects of this on debt based financial system. I am against any sort of debt, and don't want to lose purchasing power.

Tenderino

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They have no knowledge about what economy or business? Maybe some became millionaire offering a business based on bitcoin like an exchange? To answer your question, yes all those who believed in bitcoin few years ago and bought it deserve to be a millionaire today. Today it is easy to say if I would have bought I would be a millionaire, but when the price was very low, it was uncertain what the future will bring.

SixOfFive

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Why not they deserve their wealth!!! As per your statement only people who do hardwork, deserve the money(wealth). But never happen, "If Hardworks pays than show me a RICH DONKEY". It is your decisions and smart work which make you rich. Early Crypto Investors has realized the potential of BTC and taken high risk to invest in a mature project which have unclear future at that time. So, In my opinion They completely deserve this wealth and respect.

longskie0327

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Somehow they deserve their hard earn wealth, they work it out and spend a lot of time in it, these people have other things to do as well yet they choose to join bitcoin, hoping to earn something...it is much better than doing nothing or stealing, swindling other people's money.

matanglawin

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Quote from: orkoso on January 13, 2018, 12:18:11 PM

It is know that bitcoin has made a few millionaires, but many of these people don´t have any particular knowledge of the economy nor business. Do you think that is a fair situation?

Ofcourse they do deserve it. In order to earn millions here in Bitcoin, one should work hard for it and also, patience is needed. They won't earn millions if they will just sit in front of their computers and surely it won't be in an instant. The profit that they are earning is the reward for their hardwork so let's just be happy for them .

ChrishAi28

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Quote from: orkoso on January 13, 2018, 12:18:11 PM

It is know that bitcoin has made a few millionaires, but many of these people don´t have any particular knowledge of the economy nor business. Do you think that is a fair situation?

Yes, bitcoin millionaires deserve their wealth. You cant achieve such thing without doing anything. They become wealthy because they work hard and they have ability to profitable in bitcoin.

munareal

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Bitcoin millionaire deserve their wealth. They believed when others were skeptical. They were patience and work hard for it.

linyhan

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Yes ,if they hard earned that money but those millionaires who steal peoples money not deserve to be rich this work should be stop, politicians is an example.

cryptocrusher

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Quote from: orkoso on January 13, 2018, 12:18:11 PM

It is know that bitcoin has made a few millionaires, but many of these people don´t have any particular knowledge of the economy nor business. Do you think that is a fair situation?

Why is it not, they invested in something they believed in before many others did and since then they've been proved to be correct, maybe there are smarter people who have less but that's not a case of fairness, they weren't the ones who took the risk.

youngagethinker

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Quote from: orkoso on January 13, 2018, 12:18:11 PM

It is know that bitcoin has made a few millionaires, but many of these people don´t have any particular knowledge of the economy nor business. Do you think that is a fair situation?

To be able to be rich with Bitcoin one needs to here about 3 - 6 years ago. And they need to have some patience to not sell the coin even tho the market is very tempting.
First is that they understand a confusing technology even if only few believes and even if the price is in cents.
Second is these guys have stored BTC long enough despite all of the troubles, so I doubt that these millionaires no nothing about economy and business.

posoa

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Yes , Bitcoin millionaires deserve wealth. The amount of wealth a man posses is as a result of God's Blessing in the life of an individual. God can decide to bless any individual base on His will. The Blessing He gives to an individual depend on what He decides to allow for an individual. Being a millionaire does not rule you out of deserving wealth, it is true that they even invest more and also make more money through their investments. It also apply to bitcoin millionaire that they actually deserve their wealth.

stingers

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Quote from: pitiflin on January 13, 2018, 12:32:16 PM

Stupid question I fucking swear. How did they become a millionaire? Think, you fucking idiot, think. They believed in Bitcoin in the first place and they didn't mind investing their money in it. And now that they have benefitted, you are asking if they deserve it? Idiot. Think before you ask a question which is so stupid.
Lock this thread before huge list of shit posters start spamming here.

Not talking about millionaires but some super rich users just randomly got/bought a lot of bitcoins and forgot about it until few years and sold it to become rich. They never invested into bitcoin, they just got lucky, saw their 200 bitcoins worth $200 become $100k, some exit sold them there, others (a little intelligent ones) saved them and became richer, rest (most intelligent) are still holding.
Even after this i think they do deserve their wealth, at least better than all of middle-east oil millionaires.

Quote from: pitiflin on January 13, 2018, 12:32:16 PM

Lock this thread before huge list of shit posters start spamming here.

Also, Please have a mind open to a little more discussions and possibilities, don't be so quick tempered. Your reply makes less sense/ makes random assumptions so i find it more stupid than the question itself.

rodrigomagracia

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no, but it's in person. If he is rich he can study to increase knowledge

markint

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Unfortunately, nothing can be done to define who deserves and who does not deserve wealth or poverty, as it is well known that great geniuses (such as VanGogh or Mozart) have died in poverty, while great tyrants of history have died in wealth . The questions of money and capital are very relative, but perhaps in the case of bitcoin only those with sufficient vision were able to accumulate enough to deserve their wealth today.

ahmad21

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Quote from: orkoso on January 13, 2018, 12:18:11 PM

It is know that bitcoin has made a few millionaires, but many of these people don´t have any particular knowledge of the economy nor business. Do you think that is a fair situation?

Ofcourse they deserve it. Who says that the only businessmen and traders deserve their earnings? Unless hereditary everyone deserves their wealth because they might have made any action to earn it be it a lottery ticket. Everything is fair in this world. Just knwoing economy and business isnt something concrete. If you see this way then most of the sports celeb dont know the economy do they deserve money they have??

usekevin

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Quote from: Aamir1 on January 13, 2018, 01:45:01 PM

Bitcoin millionaires are either the ones who bought and held their Bitcoins from the start, or the ones who invested in it and traded it for a long time. And of course both of them deserve the wealth they have gained from Bitcoin.

In the case of people having them from start, it was just like a lottery for most of them as they never imagined the price of Bitcoin to reach this place one day. So they just kept their coins idle for a very long time and then after seeing the potential they may have started moving them in trades or something, but whatever they did or didn't, they deserve the money they have today for the reason to keep faith in Bitcoin and not spending them all thinking it will never progress.

I agree with you. Many people became millionaire with the help of bitcoin by investing their owned money in it.Nothing will happen in a day,they may be do trade for more than a year and when the price reaches peak ,they may sell the holding bitcoin with good profit .This may be the reason for their richness .

Aamir1

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Bitcoin millionaires are either the ones who bought and held their Bitcoins from the start, or the ones who invested in it and traded it for a long time. And of course both of them deserve the wealth they have gained from Bitcoin.

In the case of people having them from start, it was just like a lottery for most of them as they never imagined the price of Bitcoin to reach this place one day. So they just kept their coins idle for a very long time and then after seeing the potential they may have started moving them in trades or something, but whatever they did or didn't, they deserve the money they have today for the reason to keep faith in Bitcoin and not spending them all thinking it will never progress.

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