Topic: Will Satoshi Nakamoto become the richest person on earth? - page 2. (Read 4360 times)
That would be sick awesome if an anonymous person became the richest person on earth.
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2) He most likely has control over those coins still (he invented bitcoin with damn near perfect, do you really think he'd be so careless to lose his private keys?)
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According to Gavin, Satoshi was pretty sloppy, when it came to programming. (I never looked into the code, but you would see that there).2) He most likely has control over those coins still (he invented bitcoin with damn near perfect, do you really think he'd be so careless to lose his private keys?)
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So he is far from perfect.
I am saying this, with all respect to Satoshi, but he is just not that god-like person, a lot of people illustrates him
if theses coins are still in his possession than he/she/it/they will be the richest person but that will take some time...
Satoshi was a billionaire once - when Bitcoin reached $1200 back in November 2013. He has 1 million coins so that would have made him worth about $1.2 billion.
The richest man on Earth is Bill Gates who has around $50 billion last time I checked.
So if BTC reaches over ~$50,000 a coin then he will be the richest man in the world.
The richest man on Earth is Bill Gates who has around $50 billion last time I checked.
So if BTC reaches over ~$50,000 a coin then he will be the richest man in the world.
Hopefully he doesn't forget his private keys... lol
That is debatable. Back in 2010, the exchange rate was something like 1 BTC = 0.0008 USD. A lot of people were mining Bitcoins, and then throwing it away. Very few users at that time thought that it will increase in value by a million times.
The richest person on earth is the one who has nothing, yet is content.
The wisest person is the one who knows that he knows nothing ?
https://www.youtube.com/watch?v=pLlwpZQrQUU
~ Conspiracy theory and conspiracy fact.
The wisest person is the one who knows that he knows nothing ?
https://www.youtube.com/watch?v=pLlwpZQrQUU
~ Conspiracy theory and conspiracy fact.
Hopefully he doesn't forget his private keys... lol
If Satoshi becomes the richest man in the world it means the rest of us are really rich as well so he gets my vote.
Thing is, he might become the first trillionaire too.
I wouldn't be surprised if such illionaires existed already....
Thing is, he might become the first trillionaire too.
There are already trillionaires but since they own the rich lists they only mention the loosers (billionaires) because they want to stay anonymous.
The richest person on earth are central bankers, they bought essentially everything on the planet using money out of thin air, their worth is calculated by trillions
This.
"The Five" are estimated to have personal 'funds' in excess of 65 trillion dollars as 'petty cash' alone.
Wake up to who really runs the world folks. Looking at the forbes or times rich list is like looking at who is no.1 in the music industry charts this week and totally ignoring the music industry bosses, i.e. the ones really in control and having much more money.
See: http://rense.com/general79/tril.htm or https://en.wikipedia.org/wiki/Bilderberg_Group
These are the > 0.01% of people that 'own' and have influence over the entire world. For good or for bad.
So, for Satoshi Nakamoto to become the 'richest' person on earth, well, that's very unlikely indeed.
Maybe SN enriched a lot of peoples lives though - then again maybe not - free will, destiny or luck considered.
it's crazy how satoshi's $1 billion could be lost as a password or forgotten account info.. that kind of wealth hangs on a balance.
If he thought up Bitcoin, and managed to stay hidden this long, I doubt he's just using a password. Or relying on it, for that matter. And I'm pretty sure he's using a client, or such.
it's crazy how satoshi's $1 billion could be lost as a password or forgotten account info.. that kind of wealth hangs on a balance.
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3) He won't move those coins until bitcoin is super-main stream. Reason: If he started to move ANY of them now, everyone would know he has access to them, speculation of a bitcoin dump would began and people would sell bitcoin and drive the price back down to sub $10/coin maybe $1 per coin, thereby hurting his personal unrealized wealth and the future of bitcoin.
-snip-
Precisely what Professor Bitcorn wants him to do. Satoshi comes this month to fulfil PB's prophecy :O
He would not make such a mistake to start moving them this month while adoption is still in its infancy. Was your statement sarcasm or you really think BTC will hit $10 in the next 30 days?
-snip-
3) He won't move those coins until bitcoin is super-main stream. Reason: If he started to move ANY of them now, everyone would know he has access to them, speculation of a bitcoin dump would began and people would sell bitcoin and drive the price back down to sub $10/coin maybe $1 per coin, thereby hurting his personal unrealized wealth and the future of bitcoin.
-snip-
Precisely what Professor Bitcorn wants him to do. Satoshi comes this month to fulfil PB's prophecy :O
1) Satoshi is still alive
2) He most likely has control over those coins still (he invented bitcoin with damn near perfect, do you really think he'd be so careless to lose his private keys?)
3) He won't move those coins until bitcoin is super-main stream. Reason: If he started to move ANY of them now, everyone would know he has access to them, speculation of a bitcoin dump would began and people would sell bitcoin and drive the price back down to sub $10/coin maybe $1 per coin, thereby hurting his personal unrealized wealth and the future of bitcoin.
4) What will he do with the coins? Hopefully donate some, use some to fund needed bitcoin projects or lobbying, build infrastructure and keep some for himself.
2) He most likely has control over those coins still (he invented bitcoin with damn near perfect, do you really think he'd be so careless to lose his private keys?)
3) He won't move those coins until bitcoin is super-main stream. Reason: If he started to move ANY of them now, everyone would know he has access to them, speculation of a bitcoin dump would began and people would sell bitcoin and drive the price back down to sub $10/coin maybe $1 per coin, thereby hurting his personal unrealized wealth and the future of bitcoin.
4) What will he do with the coins? Hopefully donate some, use some to fund needed bitcoin projects or lobbying, build infrastructure and keep some for himself.
The richest person in the world at the moment is Bill Gates with $78 billion. If Satoshi has 1 million BTC (i believe he has much less than that, but whatever), then he will top Bill Gates when 1 BTC is worth more than $78,000. It is possible, but Bitcoin would have to replace half of the dollars in the world, and I don't think that will happen soon.
It's pretty likely he'll become the world's first trillionaire
you can't jus tthrow things like that around without giving numbers for some context. if he is worth $1 billion now, then bitcoin at present would have to multiply by 1000 fold. to say that btc will hit 500k-650k is kind of ridiculous.
It's pretty likely he'll become the world's first trillionaire
The richest person on earth are central bankers, they bought essentially everything on the planet using money out of thin air, their worth is calculated by trillions
There was interesting story about bitcoins at $123.000 in 2023 and Satoshi worthing $94 billion
http://www.reddit.com/r/Bitcoin/comments/1pqdy0/bitcoins_at_123000_in_2023_satoshi_worth_94/
http://www.reddit.com/r/Bitcoin/comments/1pqdy0/bitcoins_at_123000_in_2023_satoshi_worth_94/
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