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Topic: Is the owner of bitcoin system so rich now? (Read 269 times)

copper member
Activity: 162
Merit: 3
August 20, 2018, 01:51:24 AM
#32
I heard a rumour he cashed out a long time ago because he thought that Alt-coins were going to take over before BTC got much more valuable.
jr. member
Activity: 126
Merit: 4
Basing on the history of bitcoin where the value is still 1 USD according to many of the members here probably the owner of bitcoin does not have more money than he does now. Well the value for bitcoin now is more than 1 USD in fact it is already ranging to 6k USD per BTC and that is why i wonder how rich could be the owner of bitcoin? I think he could have all the luxuries in life and live pleasantly as he pleases. He could have all the girls he will like. He could party anytime and anywhere. He could travel around the world. Indeed he had a good life. I wish he had some time to help the helpless in the streets.

By the 'owner of Bitcoin' I suppose you mean the original inventor. Well, I don't know much about him but he should be quite well off by now, if there's any justice in the world. Starting a great financial innovation means you should be getting the rewards, especially before anyone else does. But it's often a sad fact of life that people who invent great systems are often the last to benefit from them.  So I hope that's not so in this case...
copper member
Activity: 162
Merit: 3
No one owns the Bitcoin system, it's a decentralised network of computers running a piece of software.
jr. member
Activity: 49
Merit: 1
I heard that Satoshi used all his BTC to buy pizzas. He was very happy at the time that the currency he invented allowed him to eat for free. This was 8 years ago, he never thought that BTC would take off! When he realized his mistake at selling all his coins, he was so ashamed he vowed to never reveal his true identity.
newbie
Activity: 69
Merit: 0
What do you mean by "owner of bitcoin system"? It's a decentralised system. It belongs to people who use it.
newbie
Activity: 27
Merit: 0
Well, at first I will tell that BTC has no owner it is totally a decentralized system. But there are lot of people who own a big amount of BTC and surely they have a lot of money and they are very rich. This could be one particular person of many persons.
newbie
Activity: 57
Merit: 0
I think he is more than rich
newbie
Activity: 122
Merit: 0
Well, you could have started with saying " inventor of Bitcoin". The inventor(s) of Bitcoin "Satoshi Nakamoto" is/are unarguably rich.
newbie
Activity: 11
Merit: 0
Are you talking about unknown inventor "Satoshi Nakamoto"? The $20 billion?
Then I understand, but you need to look at yourself and do what you have said.
Sometimes words can be broken easily, thus start working on it small by small which will never be broken easily.
newbie
Activity: 29
Merit: 0
Some people are blind to see those who are in the streets because they are busy making money. I wish the creator of bitcoin isn't one of them.
newbie
Activity: 68
Merit: 0
It is quite obvious that the owner of bitcoin is in fact rich. Simple investors who have invented in bitcoins are now turned into millionaires and even into billionaires, the owner is supposed to be rich out of it. The amount of net worth is unclear but it is safe to say that the person is rich now.
newbie
Activity: 84
Merit: 0
You can ask the owner.

You never know if he sold everything or kept something:)
member
Activity: 327
Merit: 11
What the hell is this? Nobody owns bitcoin. Bitcoin is an open source project. Yes, there are devs who work as a team behind bitcoin and all they are doing is developing the tech and they are not even the one hoarding bitcoins. Stop wondering BS and start doing research.
newbie
Activity: 168
Merit: 0
I don't think there is a single man behind this big project it is a big team and yes they are rich.
hero member
Activity: 1492
Merit: 763
Life is a taxable event
Basing on the history of bitcoin where the value is still 1 USD according to many of the members here probably the owner of bitcoin does not have more money than he does now. Well the value for bitcoin now is more than 1 USD in fact it is already ranging to 6k USD per BTC and that is why i wonder how rich could be the owner of bitcoin? I think he could have all the luxuries in life and live pleasantly as he pleases. He could have all the girls he will like. He could party anytime and anywhere. He could travel around the world. Indeed he had a good life. I wish he had some time to help the helpless in the streets.


Oh my god, this post is utter garbage!

There is no "owner of Bitcoin"

In the beginning of Bitcoin there was no established dollar value.

Did you go to school?
newbie
Activity: 122
Merit: 0
Obviously he is... If others could be rich through his ideas how much more himself.
newbie
Activity: 33
Merit: 0
not rich, richest i think.
newbie
Activity: 56
Merit: 0
the owner of bitcoin i think within a few year will be counted in the top rich.
newbie
Activity: 70
Merit: 0
Day by day the users going to rich so the owner is now the reachest.
newbie
Activity: 266
Merit: 0
Well, at first I will tell that BTC has no owner it is totally a decentralized system. But there are lot of people who own a big amount of BTC and surely they have a lot of money and they are very rich. This could be one particular person of many persons.
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