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Author Topic: One can only dream ...  (Read 703 times)
gochk (OP)
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October 05, 2012, 08:24:12 PM
 #1

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.

thebaron
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October 05, 2012, 08:25:44 PM
 #2

Does that include things other than fiat currencies (real estate, precious metals, other assets) ?
Hydrogen
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October 05, 2012, 08:30:37 PM
 #3

I think almost all of it is bank based derivatives exposure

gochk (OP)
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October 05, 2012, 08:57:27 PM
 #4

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
wishfulthinking
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October 06, 2012, 12:12:46 AM
 #5

That is wishful thinking.
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