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Question: Will Satoshi Nakamoto become the richest person on earth?
Definitely - 16 (28.6%)
Likely - 9 (16.1%)
No idea - 9 (16.1%)
Unlikely - 16 (28.6%)
Impossible - 6 (10.7%)
Total Voters: 56

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Author Topic: Will Satoshi Nakamoto become the richest person on earth?  (Read 4304 times)
jonsi
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June 02, 2014, 07:55:14 PM
 #81

Thing is, he might become the first trillionaire too.

Let's not forget that a single family controls a little over 50% of global wealth.
DeboraMeeks
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June 02, 2014, 08:04:59 PM
 #82

Thing is, he might become the first trillionaire too.

Let's not forget that a single family controls a little over 50% of global wealth.

What?! Which family and how the?!
jonsi
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June 02, 2014, 08:35:09 PM
 #83

Thing is, he might become the first trillionaire too.

Let's not forget that a single family controls a little over 50% of global wealth.

What?! Which family and how the?!


https://www.youtube.com/watch?v=onWb_ripZ3c

P.s. It's no secret.



-edit-
https://www.youtube.com/watch?v=UmBHeUOg4Wc - short
-edit-
jeffrygood67
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June 02, 2014, 08:53:48 PM
 #84

I think is already one of the richest.  Smiley
Trading
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June 02, 2014, 10:29:05 PM
 #85

Those conspiracies about the Rothschild have no foundation.

https://en.wikipedia.org/wiki/Rothschild_family#Conspiracy_theories

http://skeptoid.com/episodes/4311

The Rock Trading Exchange forges its order books with bots, uses them to scam customers and is trying to appropriate 35000 euro from a forum member https://bitcointalk.org/index.php?topic=4975753.0
redwhitenblue
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June 03, 2014, 04:00:50 AM
 #86

You need to clarify your question.

If you are asking will Satochi have assets valued at an amount that is greater then anyone else on Earth, then quite possibly. The value of BTC would only need to appreciate ~100x from where it is now for that to happen. That would not be unreasonable when comparing the market cap of Bitcoin to other stores of value (the dollar, Euro, other currencies, Gold, Diamonds).

If you are asking if Satochi will have the most purchasing power with his assets (Bitcoin) then the answer is almost certainly no. If Satochi were to attempt to spend any substantial portion of his Bitcoin then the price of Bitcoin would likely subsequently fall substantially. Granted it is not known which addresses are controlled by Satochi exactly, so if he were to spend a few hundred Bitcoins (4-8 50 BTC mined blocks worth) then it would be reasonable to believe that the selling was being done by another early adopter. However if he were to sell several thousand coins for goods/services/property/fiat then it would be obvious that it was Satochi doing the selling. 

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