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Author Topic: Do bitcoin millonaires deserve their wealth?  (Read 3376 times)
indijim
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January 16, 2018, 09:10:14 PM
 #201

I think what the OP is saying is that he has knowledge about economics and business and feels that those who got into Bitcoin early don't, and so it's not fair that they benefited from Bitcoin, while he got into it relatively late.
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trauchot
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January 16, 2018, 09:16:11 PM
 #202

Why not? We don`t have to count other people's money, everyone earns as much as they can and any of us could be in their place, but luck was on their side, so we have to work hard and in future we too can become millionaires, everything depends from us, from our aspirations and hard work and we too can succeed if we will follow this things. It doesn`t always depends from experience or diligence, just as any person should have some luck.
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January 16, 2018, 09:35:29 PM
 #203

Well all people who became millionaires because of bitcoin deserve to be one. Let's give them the credit of taking voluminous risks just to enjoy having huge amount of money. They also invested time and effort in achieving their wealth. However, they should not forget the fact that money is economy and economy is money. Being a millionaire comes with responsibilities. Well, if they realky want to keep their wealth for a long time, wise management of money is very much needed. Knowledge on economy and financial management becomes a must.
joan26
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January 16, 2018, 09:54:30 PM
 #204

It is know that bitcoin has made a few millionaires, but many of these people don´t have any particular knowledge of the economy nor business. Do you think that is a fair situation?

Why not??
If they became millionaire in their own investment, they deserved it even though their not knowledgeable about the business itself. It's their own money and the decision they make that time that bring them to wealthy life.
jvper
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January 16, 2018, 09:56:48 PM
 #205

If they didn't steal, rob or something like that... If they earned their wealth, then they surely deserve it. It is just like soccer: if the ball crosses the goal line, the team scores, no matter how they managed to make the ball cross the goal line.
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January 16, 2018, 09:59:21 PM
 #206

It is know that bitcoin has made a few millionaires, but many of these people don´t have any particular knowledge of the economy nor business. Do you think that is a fair situation?
Why not? Not only to those knowledgeable person who do deserve such chances on getting rich. We do know that those people risk their own money before they are longing for profits and now it do happen which they do really deserve it and theres no questions on that one.Its just selfish to think that they don't deserve those money.We are all equal here on chances on getting rich and we can freely do make our actions on achieving it no matter what.

Washball
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January 16, 2018, 10:07:42 PM
 #207

Of course Bitcoin millionaires deserve what they gained. It does not matter whether they are complete monk's or if they have a master's degree in business administration or economics. You could also win millions in the lottery and nobody have the right to say that you don't deserve these millions. And with bitcoins it's a different thing, if you have earned millions with bitcoin, that should be a proof that you have the knowledge of at least this business.

Jlimao28
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January 16, 2018, 10:21:40 PM
 #208

Yes they do! After all they risk their time and money for bitcoin. And their money did not came in illegal, so they must paid their sacrifices.
francojon
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January 16, 2018, 10:28:06 PM
 #209

I think what the OP is saying is that he has knowledge about economics and business and feels that those who got into Bitcoin early don't, and so it's not fair that they benefited from Bitcoin, while he got into it relatively late.

I got in relatively late and I think that most people who got on bitcoin did it at first because it was fun and interesting. A really nerdy thing. Then some others got in really believing. If they deserve it or not does not matter really and is subjective.
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January 16, 2018, 10:42:25 PM
 #210

Of course they do not deserve their money. We should hunt them down and burn them at the stake and redistribute the wealth equally amongst those less fortunate.
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January 17, 2018, 02:20:39 PM
 #211

It is know that bitcoin has made a few millionaires, but many of these people don´t have any particular knowledge of the economy nor business. Do you think that is a fair situation?
there are many ways to become a millionaire, even if one has no knowledge of economics and business, if he insists on being able to change his life for the better especially his finances, nobody knows if someone does have luck and can get abundant wealth from income bitcoin as they continue to focus and feel confident that Bitcoin is capable of transforming one's financial system into a millionaire.
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January 17, 2018, 02:28:55 PM
 #212

It is know that bitcoin has made a few millionaires, but many of these people don´t have any particular knowledge of the economy nor business. Do you think that is a fair situation?

Okay let's ask a question a bit different.
Would you more like a people to become milliner's in traditional ways (killing, stealing and trampling on others, whatever the seems like all is in law parameter), or do you only bother about the fact that others have enriched themselves at BTC, and not you?


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January 17, 2018, 02:37:41 PM
 #213

It is know that bitcoin has made a few millionaires, but many of these people don´t have any particular knowledge of the economy nor business. Do you think that is a fair situation?

Okay let's ask a question a bit different.
Would you more like a people to become milliner's in traditional ways (killing, stealing and trampling on others, whatever the seems like all is in law parameter), or do you only bother about the fact that others have enriched themselves at BTC, and not you?


Well, you have a point there, but of course to the OP, life is a choice so if you are a millionaire and you believe in bitcoin that is more advantage because it is easy for you to invest your money unlike when you are an ordinary person, but I don't think that is fair since a lot of people become rich as well because of believing and doing bitcoin, so it is purely depends on our hands.
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January 17, 2018, 02:41:24 PM
 #214

Of course they deserve it, after all they risk investing money to Bitcoin and they work hard to achieve it, who are you to question that, whether they have knowledge on business or not, its not up to you to decide.

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poor-yorik
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January 17, 2018, 02:44:36 PM
 #215

It is know that bitcoin has made a few millionaires, but many of these people don´t have any particular knowledge of the economy nor business. Do you think that is a fair situation?

This is how things often happen in real life. Some people just turn up in the right place at the right time. They are just more lucky than the rest of the bunch. And a few of them are even wise enough to keep their unexpected wealth and not to waste it on shit. It may be unfair but this is how the world turns and we turn on it. It seems like all we can do is simply and humbly live with that.
AmazingDynamo
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January 17, 2018, 02:48:45 PM
 #216

Of course they deserve it, after all they risk investing money to Bitcoin and they work hard to achieve it, who are you to question that, whether they have knowledge on business or not, its not up to you to decide.

those who are millionaire today in bitcoin industry or because of bitcoin they are those wealthy from the beginning , they invest bitcoin in early days they are also risk taker like you said , because they would go invest even the price is to low before and there is no assurance that bitcoin will have a great future and now that they became millionaire we can say that they were successful enough in investing to bitcoin.
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January 17, 2018, 02:56:07 PM
Last edit: January 17, 2018, 03:41:23 PM by Xintenson
 #217

I guess maybe we, the community should demand that those who got into Bitcoin early and did not know a lot about business and the economy, we should demand that they give away all of their Bitcoins to people who do know about business and the economy. Those early adopters clearly don't deserve it, I guess.
nemesis_
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January 17, 2018, 03:00:12 PM
 #218

I think so. Because I believe that whatever they have now, they exerted effort on achieving that. They tried so many things. They risk whatever they have. They give their time. Hardwork paid off indeed.

Xester
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January 17, 2018, 03:03:20 PM
 #219

Of course they deserve it, after all they risk investing money to Bitcoin and they work hard to achieve it, who are you to question that, whether they have knowledge on business or not, its not up to you to decide.

Yes they have the guts to invest and take all the risk.  Plus I am pretty sure that they really work hard for it.  With all the trading, investing and even doing task to earn bitcoin.  After all they are the one who patronizes bitcoin amd the reason why it is really popular right now.
dancingnancy
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January 17, 2018, 03:09:34 PM
 #220

It is know that bitcoin has made a few millionaires, but many of these people don´t have any particular knowledge of the economy nor business. Do you think that is a fair situation?
As long as the put the effort in trading or purchasing and holding BTC it's totally fair. Education in BTC is required to make faster profits but Basic knowledge is more than enough to earn money through investing into btc.
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