Bitcoin Forum

Other => Beginners & Help => Topic started by: gochk on October 05, 2012, 08:24:12 PM



Title: One can only dream ...
Post by: gochk on October 05, 2012, 08:24:12 PM
2011 Total World Wealth according to a report is 231 trillion (231,000,000,000,000).
231,000,000,000,000 / 21,000,000 btc = USD11 million / btc.

I'm a freaking millionaire! I'm going to go tell my boss to s*** it.



Title: Re: One can only dream ...
Post by: thebaron on October 05, 2012, 08:25:44 PM
Does that include things other than fiat currencies (real estate, precious metals, other assets) ?


Title: Re: One can only dream ...
Post by: Hydrogen on October 05, 2012, 08:30:37 PM
I think almost all of it is bank based derivatives exposure

http://i45.tinypic.com/2i91cpl.png


Title: Re: One can only dream ...
Post by: gochk on October 05, 2012, 08:57:27 PM
https://infocus.credit-suisse.com/data/_product_documents/_shop/323525/2011_global_wealth_report.pdf

page 3 para 3

Didn't finish reading ... was too excited being a millionaire and don't have to slave at my current job on a Friday evening


Title: Re: One can only dream ...
Post by: wishfulthinking on October 06, 2012, 12:12:46 AM
That is wishful thinking.