Who will become a trillionaire first: Bill Gates or Satoshi?

[randy8777]

it's good fun to see people react serious on a nonsense thread. no single person will reach trillionaire status in the comming 50 or so years.

[gentlemand]

it's good fun to see people react serious on a nonsense thread. no single person will reach trillionaire status in the comming 50 or so years.

50 years is a long time with plenty of inflation to go too. Who knows what wonders are yet to emerge and who might corner their market?

If some little fella in his garage comes up with a guaranteed way to reawaken your dead loved ones or extend your life by 100 years, there's a pretty hefty market for that.

[futureofbitcoin]

it's good fun to see people react serious on a nonsense thread. no single person will reach trillionaire status in the comming 50 or so years.

How do you know? It's been predicted that there are going to be 10 trillionaires by 2060. By people who are much more knowledgeable and powerful than you, with the resources to conduct actual research.

@everyone else:

You guys clearly don't understand what net worth means. Satoshi doesn't need to sell his coins and turn them into USD to be worth 1 trillion or whatever other number. Sure, selling 100000 btc will crash the price, but it's the same with with selling a huge % of Microsoft shares, or apple shares, or whatever else. All these billionaires you see on the net and TV don't necessarily have 1 billion CASH... most of them just hold significant stock in companies with a high market cap, similar to what would happen to Satoshi if bitcoin goes "to the moon".


Bill gates will almost certainly not become a trillionaire. If we were to just pick from the two, I'd say that Satoshi has a better chance.

[johnyj]

Many bankers are trillionaires, especially the FED's stock holder, which is a guarded secret. The ownership of banks can become extremely complex thus no one really understand who owns the bank, but bank owners are definitely among the trillionaire club

In fact, the ownership is not important, the most important is the ability to control. Even if you have no money at your personal account, but you can control a bank to drive large acquisition operation, you can achieve much more influence than Bill Gates. And I suppose that banks can freeze Bill Gates' account easily, so Bill Gates really have no control over any bank, he is the game player while the banks are game designer

Before, nobles and kings used to have control over banks, but Rothschild family invented the way to virtualize their wealth into stocks/bonds/asset certificates around the world, thus avoided control from the greedy monarchs

[Mellnik]

Billy is retired.

[jehst]

Billy is retired.

He also made more money last year than 99.99% of non-retired people. Even when he's not working, his money is. His money never takes a break. It's just there collecting interest, collecting dividends, and growing like a snowball rolling down a neverending hill.

[Btree]

Bill Gates' wealth is growing like a snowball. Now it is 79.3 billion USD
Satoshi, with roughly 1 million bitcoin, is worth 250 million USD. Thus, Satoshi's fortune is hundreds of times smaller than Bill Gates.

Who do you think will reach 1 trillion first and why?

Bill gates he have a big company and strong capital to growth hes money

[futureofbitcoin]

except bill gates is giving a lot of money to charity. If it was his life goal to reach a trillion he may be able to, but that's not his goal.

[jehst]

except bill gates is giving a lot of money to charity. If it was his life goal to reach a trillion he may be able to, but that's not his goal.

Is it Satoshi's goal?

[futureofbitcoin]

It doesn't need to be. Satoshi doesn't have to do anything because there are tens of thousands of people who want to see bitcoin's price increase, and it certainly has the possibility of doing so.

Whereas for Bill Gates, having Microsoft or whatever else he's invested in increase its marketcap by 15x is not very likely. And if it did, Bill Gates would just put more money into charity.

We haven't seen any evidence of Satoshi feeling the need to exchange or get rid of his bitcoins yet.

[Amph]

except bill gates is giving a lot of money to charity. If it was his life goal to reach a trillion he may be able to, but that's not his goal.

Is it Satoshi's goal?

if it was he should have sold a good amount at 1200, and help some charity out there, at 1200 you have polenty of money to help someone

fact is we don't know if he sold something at 1200 or not, so maybe he is the reason for the today price, and he is not very rich anymore

[futureofbitcoin]

uh yea we do? Because the first coins mined were not moved???


Unless you're saying that after mining became competitive, satoshi still had the resources to mine like any other miner, and sold those coins. In which case it wouldn't be any different than normal miners selling coins at all.

[randy8777]

it's good fun to see people react serious on a nonsense thread. no single person will reach trillionaire status in the comming 50 or so years.

50 years is a long time with plenty of inflation to go too. Who knows what wonders are yet to emerge and who might corner their market?

If some little fella in his garage comes up with a guaranteed way to reawaken your dead loved ones or extend your life by 100 years, there's a pretty hefty market for that.

that's the thing, we don't know that. just realistically thinking from current point is that some one reaching trillionaire status is very very far away. maybe not even reachable, if ever.

[futureofbitcoin]

it's good fun to see people react serious on a nonsense thread. no single person will reach trillionaire status in the comming 50 or so years.

50 years is a long time with plenty of inflation to go too. Who knows what wonders are yet to emerge and who might corner their market?

If some little fella in his garage comes up with a guaranteed way to reawaken your dead loved ones or extend your life by 100 years, there's a pretty hefty market for that.

that's the thing, we don't know that. just realistically thinking from current point is that some one reaching trillionaire status is very very far away. maybe not even reachable, if ever.

realistically thinking and extrapolating from current trends, there will be 10 trillionaires in 2060. You're not thinking realistically, you're imagining the world based on the very little that you know, and thinking it's the whole truth. Which is kind of typical, everyone does that to a certain extent.

[fishy91]

Many bankers are trillionaires, especially the FED's stock holder, which is a guarded secret. The ownership of banks can become extremely complex thus no one really understand who owns the bank, but bank owners are definitely among the trillionaire club

In fact, the ownership is not important, the most important is the ability to control. Even if you have no money at your personal account, but you can control a bank to drive large acquisition operation, you can achieve much more influence than Bill Gates. And I suppose that banks can freeze Bill Gates' account easily, so Bill Gates really have no control over any bank, he is the game player while the banks are game designer

Before, nobles and kings used to have control over banks, but Rothschild family invented the way to virtualize their wealth into stocks/bonds/asset certificates around the world, thus avoided control from the greedy monarchs

Bill Gates's maternal grandfather was J.W Maxwell, the creator and president of Seattle's National City bank. At a guess he probably owned a large share of that bank, and controlled it. Bill Gates's family was probably already extremely rich before he was even born. Perhaps the money he has added to that of his extended family would already make a trillion.

https://en.wikipedia.org/?title=Bill_Gates

...his mother served on the board of directors for First Interstate BancSystem and the United Way. Gates's maternal grandfather was JW Maxwell, a national bank president.

[ajareselde]

The very fact that Satoshi can be compared as an right opponent for Bill Gates says a lot. imho both of them don't care about the money and figures anymore,
it's not about that, it's about doing something worthy of leaving behind as a legacy.

In theory, if they were to face in a rally to that trillion figure , i believe Bill would win tho. Even tho Satoshi made bitcoin, he has no more power over it, just the supposed bitcoins he still owns.
On the other hand, Bill has both liquidity and infrastructure to do just about anything he desires.

cheers

[masterzino]

In before Satoshi can't remember his bitcoin wallet's password, lol. I think it's unlikely that either of them become a trillionaire tbh.

[ArticMine]

Bill Gates' wealth is growing like a snowball. Now it is 79.3 billion USD
Satoshi, with roughly 1 million bitcoin, is worth 250 million USD. Thus, Satoshi's fortune is hundreds of times smaller than Bill Gates.

Who do you think will reach 1 trillion first and why?

Bill Gates, why? Well, he has a company which is leading the technology and computer, which is essential for Bitcoins

Satoshi. If s/he has 1 million XBT then s/he is well ahead, unless of course s/he stored her/his XBT on a Microsoft Windows computer and lost it to one of the 10s of millions of Windows malware. By the the way there is nothing in Microsoft's products that is essential for Bitcoin and furthermore any Bitcoin user would be very well advised to stay well away from Microsoft products if they wish to hang on to their Bitcoins.

[NorrisK]

I guess it is more beneficial in the long run to be a bitcoin millionaire than a fiat trillionaire

Bill Gates wealth did not grow that fast over the recent years right? He still has a long way to go..

[Odalv]

I guess it is more beneficial in the long run to be a bitcoin millionaire than a fiat trillionaire

Bill Gates wealth did not grow that fast over the recent years right? He still has a long way to go..

How do you know that Bill Gates do not own 1,000,000 BTC ? ... it would be less than 1% of his wealth in BTC