-- The Riddle of the Twin Brothers - Who Were, Are and Will Rule the World!

[SuperZeus]

Have you made a pitch to Michael Novogratz?  If he thinks Bitcoin is a bargain at 5 billion, he might well think iX is a giveaway at 1.2 million.


" There's a compelling reason to believe in the bitcoin story, Fortress Investment Group Principal Michael Novogratz said Wednesday from the SALT Conference in Las Vegas.

The cryptocurrency with about $4.5 billion in circulation made headlines after the failure of Mt. Gox, one of its exchanges, and its links to illicit online purchases. It has had its share of supporters and detractors, but for Novogratz, it was "a simple proposition."

"When I look at the amount of human capital working on this project, there are probably 30,000 independent programmers out there, coding and working on bitcoin and bitcoin derivatives in this open-source community," he said, citing well-known venture capitalists as believers.

"But almost every California shop now has got some focus on bitcoin. So I just think rarely has a project had this much human capital coming into it where you can buy it at $4½ billion. So, that's the easy pitch," he added."
http://www.cnbc.com/id/101674032

[Vlad2Vlad]

$4.5 billion in [circulation]?  Lol, who writes this stuff?

I've written to dozens of billionaires but not Novogratz.  

I'll try to find him on twitter and give him my "iXcoin will kill Bitcoin and takeover the World" spiel. Haha!  Who knows, it only takes one of these guys to change everything for iXcoin.

And he sounds like a technology investor:  If he likes Bitcoin's "technology" at $500 per coin, what's not to love about Bitcoin's Twin [iXcoin] at 5 cents?

This is what I don't get from guys like the Winklevoss twins who keep saying Bitcoin's technology [Payment System] is worth that much ["$400 Billion"].  What?  iXcoin is better in some ways and exactly like Bitcoin in every other way, so are these people lying to everyone or have they really NEVER heard of iXcoin?

Well, I'm shoving iXcoin down their troaghts. lol, just in the last 24 hours I wrote to Charlie Shrem and Brock Pierce.  

Unless I'm totally crazy [and that's entirely possible] one of these guys should have an:  "Oh Shit", moment.  

Haha, that's what I'm hoping for.  One big - "Oh Shit" - Moment!

[mmm01]

$4.5 billion in [circulation]?  Lol, who writes this stuff?

I've written to dozens of billionaires but not Novogratz. 

I'll try to find him on twitter and give him my "iXcoin will kill Bitcoin and takeover the World" spiel. Haha!  Who knows, it only takes one of these guys to change everything for iXcoin.

And he sounds like a technology investor:  If he likes Bitcoin's "technology" at $500 per coin, what's not to love about Bitcoin's Twin [iXcoin] at 5 cents?

This is what I don't get from guys like the Winklevoss twins who keep saying Bitcoin's technology [Payment System] is worth that much ["$400 Billion"].  What?  iXcoin is better in some ways and exactly like Bitcoin in every other way, so are these people lying to everyone or have they really NEVER heard of iXcoin?

Well, I'm shoving iXcoin down their troaghts. lol, just in the last 24 hours I wrote to Charlie Shrem and Brock Pierce. 

Unless I'm totally crazy [and that's entirely possible] one of these guys should have an:  "Oh Shit", moment. 

Haha, that's what I'm hoping for.  One big - "Oh Shit" - Moment!

I think anyone whose been on coinmarketcap should know something about ixcoin or taken some type of interest in it considering how it has been immune to a "typical pump and dump". Something most other coins can't claim, or at least it's been stable during the time frame I've been looking at it for (granted that hasn't been for very long). You are right it would take only one of these guys to change everything. I suppose despite bitcoin's blemished record, the fact that it's used as a payment method to some degree is what gives people faith in it. There's no reason why this couldn't happen with ixcoin, but I guess it's a case of some psychological value bitcoin has as being first, which makes people all for it. People know, like, and trust it to a degree because of that.

The problem ixcoin faces imo is lack of hype to drive demand and raise the price. A lot of coins have had some gimmicks that have given them a lot of traction (though I'd say it's a good thing ixcoin isn't gimmicky). Blackcoin has had its multipool, Auroracoin had it's airdrop/being the first nation coin what have you, and for doge it was a meme of all things that got people into it. Price can be driven up for any coin rather quickly regardless of whether or not it's sustained. I think auroracoin and vertcoin are very good examples even if they are pumps that lead to dumps.

I remember going on coinmarketcap and seeing vertcoin at somewhere around $5-7 dollars and I had never heard of it the day before. Now darkcoin is becoming a big deal because of how anonymous it's supposed to be because of the darksend feature (at least that's my assumption I don't actually know or understand why darkcoin is popular). Not a techie so can't make any claims about how functional any coin is from that standpoint, but I guess a coin just needs something that makes it seem like it is standing out on its own even if it isn't and everything is open source and features can be copied from one coin to another.

It is interesting that people are so willing to buy fractions of bitcoins, but don't want to touch/never heard of ixcoin when it's only 5 cents and has a secure network. It is a very easy coin to get in on, even more so since it hasn't been dumped to oblivion. I think hype and "new innovative developments" is what ixcoin is lacking which keeps the average person away from it. I do agree with you on the security of a network playing more of a vital role than innovative features that can just be copied and pasted onto any coin, but things like that seem to serve as a fix for some people that drives demand for a coin, even if that demand is only temporary. Of course demand in the long term is the most important thing and should bitcoin need to be tripped over first before people can get into ixcoin then so be it.

You can see NautilusCoin right now. Brian Kelly is the creator/founder and the coin has a volume of $84,934 on coinmarketcap in the last 24 hours and is valued at 25 cents.

[Vlad2Vlad]

I wanna add a new element to my transfer of wealth theory.

I'm noticing an interesting trend:

The poorest countries are adding Bitcoin wallets at a much higher clip than rich countries.  Like China telling all their citizens to hoard Bitcoin last year.

What we've got here is the biggest socialist redistribution of capital the world has ever seen.

So the goal is 2-fold:  Banks, corps, govts etc., robbing the masses but at the same time, redistributing much of the western wealth (the "rich") to the east and other poor nations.

33% of Kenya's population has a Bitcoin wallet.  Imagine if the average person buys just half of 1 Bitcoin and then the pensions of the US and Europe, trillions of dollars, are pushed into Bitcoin (and other cryptos).

$25,000 for a guy in India or Africa is life changing money.

So we're about to enrich, not just the already powerful Elite, but also billions of impoverished people.

While that sounds nice, that means the middle class of the West will be devastated by Bitcoin.

End game:  To create a new global "middle class" so banks and corporations can then sell their shit to 7 billions customers.

Cut it loose already!

[Hippie Tech]

You call it a transfer of wealth... I say its more like the Great Karma or leveling of the playing field.

Fyi, its not going to be doom n gloom when the other 7 billion people living on this planet suddenly become our equals. And it sure as hell won't be accomplished by the rackets we call BTC, IXC ect...

http://www.devtome.com/doku.php?id=a_massive_investigation_of_instamines_and_fastmines_for_the_top_alt_coins#ixcoin

[Vlad2Vlad]

You call it a transfer of wealth... I say its more like the Great Karma or leveling of the playing field.

Fyi, its not going to be doom n gloom when the other 7 billion people living on this planet suddenly become our equals. And it sure as hell won't be accomplished by the rackets we call BTC, IXC ect...

http://www.devtome.com/doku.php?id=a_massive_investigation_of_instamines_and_fastmines_for_the_top_alt_coins#ixcoin

You think socialism is nice?

How many miners do you have?  How many coins.

Those don't belong to you anymore.  Everyone around you now gets half your stuff.

If you believe in that why are you waiting for forced confiscation?

I've never seen a socialist give away his shit.  They're always happy to give away everyone else's shit though.

I was born and raised in a hardline communist country and you socialists have no idea what you're talking about.  Your actions [or lack of altruistic actions] prove it.

You think you're not a capitalist just cause you're not bent on profits?  Communism takes from everyone, not just the rich business owner.  It's one big massive FAILED lie.

But I digress...

[Hippie Tech]

You call it a transfer of wealth... I say its more like the Great Karma or leveling of the playing field.

Fyi, its not going to be doom n gloom when the other 7 billion people living on this planet suddenly become our equals. And it sure as hell won't be accomplished by the rackets we call BTC, IXC ect...

http://www.devtome.com/doku.php?id=a_massive_investigation_of_instamines_and_fastmines_for_the_top_alt_coins#ixcoin

You think socialism is nice?

How many miners do you have?  How many coins.

Those don't belong to you anymore.  Everyone around you now gets half your stuff.

If you believe in that why are you waiting for forced confiscation?

I've never seen a socialist give away his shit.  They're always happy to give away everyone else's shit though.

I was born and raised in a hardline communist country and you socialists have no idea what you're talking about.  Your actions [or lack of altruistic actions] prove it.

You think you're not a capitalist just cause you're not bent on profits?  Communism takes from everyone, not just the rich business owner.  It's one big massive FAILED lie.

But I digress...

Labels.. labels... labels..

News Flash ! The facists created communism, capitalism and (plz say it ain't so) cryptos.

How is it ok for the 3rd world to 'give away their shit', but when it comes to be our turn its called socialism ?

[Vlad2Vlad]

What exactly has the 3rd world given away?  To whom?  Haha.

Have you ever been there?  Most can't afford electricity.  What exactly have they given to the west to enrich us?  Are you talking about oil, gas, labor, etc.?  Was that free or did we not build out entire continents for them and educate half their civilizations in our [capitalist] schools just from the [capitalist] cash they made from their labor and natural resources?  Who would have bought worthless oil or paid their wages if it were not for capitalism and the industrial revolution?  

They would all still be illiterate goat herders right now killing each other with rocks if it were not for Britain and the West.  Wait, most are still illiterate goat herders killing each other with rocks...lol, so imagine how much worse they'd be now.  

But I digress...

Like I said, stand by your ideals and start giving away half your stuff now.  What's stopping you?  You think only the rich get robbed?  Communism reduces the masses to the lowest common denominator.  Period.  My grandparents were not rich and they lost everything when the commies took over.  They even came on their farm and took half the few animals they had.  

Everybody gets poor and all the wealth is given to the top 1% whom are usually talentless and incompetent but are good at two things:  Lying and Stealing.  Those who preach equality live in mansions and drive foreign cars while you can barely feed your kids.

That's communism:  Communism is a lie.

There are groups of people who had a hand in forming all versions of society but that doesn't make communism or any other form of oppressive regime good or ok.  Say what you will about capitalism but it gave you the computer you're on, this Internet and the right to talk shit about it.

With the other regimes you'd be stuck in the Stone Age watching goats.

And of course the same powers made Bitcoin and the "BlocChain".  They seem to really have a hardon for blocs.  They love putting people in them.

If I were a socialist I would start by living what I believe and I would give half my stuff out to random people:  Be it drunks, CrackHeads, Rich People, whatever.  Cause that's the communism model:  Nothing based on merit, everyone is equal to zero because everyone is perceived as nothing more than an animal whose lot in life is to feed the Communist Machine according to the Central Planning Social Orders.

And the Bitcoin protocol by the way, makes such a system bullet proof and easy to implement and very easy to enforce.  They'll be able to starve entire families [or entire regions or countries] at will from their iPhones while sunbathing on the beach 5,000 miles away.

So until you've given away half your stuff to total strangers please stop being a hypocrite.  Be a good communist if you're gonna talk a big commie game.

[Vlad2Vlad]

I don't think these fake weekend communists understand what this wealth transfer is going to do.

It's not gonna take money from millionaires and improve everyone's lifestyle.

It is going to rob EVERYONE with any money to give.  It is going after everyone's pension funds, 401K, IRAs, EVERYTHING.

People will lose generational wealth - money they have worked for their entire lives.  Millions will be in the streets, homeless and fully dependent on the state for everything:  Enter ObamaCare!

This will lead to the biggest revolt in 100 years in the US.  People will take to the streets with their guns.

Why do you people think the US has brought in foreign troops from Rusaia, China and Mexico and are right now training on US soil?  

Why do you guys think US police officers have been equipped with bomb proof vehicles and are being trained for urban warfare?

Why have new laws been passed this year allowing the military to do anything to you, even arrest you and hold you indefinitely without any rights?

Why has Obama passed a law allowing him to murder any US citizen without due process or even a charge of any sort?

Why do you think they've built [verified] interment camps [prefit with Body Cases]  to fit 50 Million Americans?

Why has the US DHS bought 30,000 drones, passed laws to allow them to fly over civilian air space and bought nearly 3 Billion bullets?

You think what's coming is gonna be pretty cause people in Africa can finally afford PlayBoy channel?

Shit, education in the west has obviously been reduced to the level of goat herders.  It's gonna be a massacre and I gotta say, millions of imbeciles have it coming.  Too bad there's also millions of hard working good people who will lose everything, even their lives.

But hey, it's karma, Africa and India made us all rich.


Hahahaaaaa.  God help us, the stupids have taken over the world!

[balu2]

I don't think these fake weekend communists understand what this wealth transfer is going to do.

It's not gonna take money from millionaires and improve everyone's lifestyle.

It is going to rob EVERYONE with any money to give.  It is going after everyone's pension funds, 401K, IRAs, EVERYTHING.

People will lose generational wealth - money they have worked for their entire lives.  Millions will be in the streets, homeless and fully dependent on the state for everything:  Enter ObamaCare!

This will lead to the biggest revolt in 100 years in the US.  People will take to the streets with their guns.

Why do you people think the US has brought in foreign troops from Rusaia, China and Mexico and are right now training on US soil?  

Why do you guys think US police officers have been equipped with bomb proof vehicles and are being trained for urban warfare?

Why have new laws been passed this year allowing the military to do anything to you, even arrest you and hold you indefinitely without any rights?

Why has Obama passed a law allowing him to murder any US citizen without due process or even a charge of any sort?

Why has the US DHS bought 30,000 drones, passed laws to allow them to fly over civilian air space and bought nearly 3 Billion bullets?

You think what's coming is gonna be pretty cause people in Africa can finally afford PlayBoy channel?

Shit, education in the west has been reduced to the level of goat herders.  It's gonna be a massacre and I gotta say, millions of imbeciles have it coming.  Too bad there's also millions of hard working good people who will lose everything, even their lives.

But hey, it's karma, Africa and India made us all rich.


Hahahaaaaa.  God help us, the stupid have taken over the world!

chill out, bro. What the hell are you smoking? The wealthtransfer is from the stupid to the smart people, nothing else. If you are stupid enough to trust the 'authorities' or who ever you deserve to loose your money.
It's kind of social darwinism. If your stupid you shouldn't be in crypto and you will loose money. If you know your shit and also have some winner-mentality you can make good earnings. It's that simple.
The loosers in crypto are the dumb, the fearful, the doubtful, the panicers, the gullible, the impatient (and maybe the greedy) - the mentally weak basically
The fuckin' bankers can do nothing. They will be dumped on before they know it because they are greedy.
Crypto really doesn't help them with controlling anything because it is just too easy to fork a coin and use that instead of the coins they control. Just chill the fuck out and keep hoarding
Sorry to burst your apocalyptic bubble but everything is just fine  
sheeps may be in danger, i agree. But sheeps should wise up or just stay away from crypto. Basically they missed out on the revolution for centuries now. They are just happy to slave away. So what we get is the apocalypse. The problem is not the elite, the problem is the ignorant society that is happy to be ruled and loves to rule, following orders and stuff. Anarchism is really the natural order. But i am just the fool.
Migrating to southern hemisphere might also be a good idea. Nuclear winter is coming. God my brain is rotting. Welcome to the age of information.

I enjoy reading this thread btw. Keep it up. Good stuff.

We will all long be dead before they put people in blockchains. That's not soon. Also please rename the thread to 'freaks gathering' thanks.

[Vlad2Vlad]

@balu,


Hahahaaa.

Well, they can force everyone to use one coin once critical mass is reached and all your wealth is trapped.  Money follows certain laws of physics, like inertia.  This is why I'm certain another big crypto will emerge soon, cause in ~2 years, Bitcoin will reach such critical mass, velocity and inertia that it would be nearly impossible to even engineer another competing coin of that size and success.

But I don't wanna drag this out.  I'm sticking to my story cause it make sense from every angle I can think of.

I agree with you that many who will get hurt deserve it for being sheep.  It doesn't take much to look around and see what's happening.  The TV watchers who obey Oprah will get burned.  But many, who refuse to jump in will be pushed in.  There are laws now in the works to confiscate control of Trillions in retirement accounts.

So it's not as simple as you think.

And the blockchain is coming within 5-10 years I think - simply cause the major currencies of the world have little legs left in them.  I think multiple currency swaps (to Bitcoin/Cryptos) and collapses can come as early as sept of next year, 2015.

At any rate, let everyone watch out for themselves, it's not like any of my warnings were ever effective on anyone.  People prefer to believe lies cause it makes them feel safe and warm, meanwhile, I create enemies for myself trying to help them.  

'Freaks Gathering' sounds like a proper title, BTW.  Haha!

[crocko]

Hello !

Do you know about the news : Winklevoss Twins to List Bitcoin Fund on Nasdaq ?
https://bitcointalk.org/index.php?topic=601261.0

What do you think about this ?
Please explain one more time !

[balu2]

Well, they can force everyone to use one coin once critical mass is reached and all your wealth is trapped.  Money follows certain laws of physics, like inertia.  This is why I'm certain another big crypto will emerge soon, cause in ~2 years, Bitcoin will reach such critical mass, velocity and inertia that it would be nearly impossible to even engineer another competing coin of that size and success.

yes, even if btc is huge soon and everybody is forced to use it, it would still be easy to trade crypto2crypto and the rebells could very easy trade btc for their rebel-crypto and that out for cash (or gold, services, goods). So this whole crypto-prison-thing is really not airtight.
It'll come down again to the 'you need to know how' to evade it. So there isn't really any change. They can only enslave the mentally weak, which is 99,9% unfortunately.
But let's wait how peoples perception of their leaders changes with the next worldwar and if they are still ready to follow orders after the nuclear winter.

[Vlad2Vlad]

Hello !

Do you know about the news : Winklevoss Twins to List Bitcoin Fund on Nasdaq ?
https://bitcointalk.org/index.php?topic=601261.0

What do you think about this ?
Please explain one more time !

I knew that last year.

That doesn't mean anything.

Bitcoin is seen as new technology and all the best tech stocks are listed on Nasdaq.

What this does mean however, is that they're expecting licensing soon, within the next 6 months.  Otherwise it would be very premature for them to announce where they'll list it.

If you watch videos on YouTube of them their body language gives it away that this was all preplanned from day one.  They even change their story about the mutual friend whom they met in Ibiza and how they immediately knew Bitcoin was gonna be huge.

In one video they say they knew it immediately.  In a different video they said they got back to New York and later looked at it and then realized it.

Sorry, but such a revelation is burned into your mind forever.  I'll never forget when I first saw bitcoin on the news at $266, my story would never change so drastically.

Or how they bumble with uncertainty when asked where and how they bought all their Bitcoins.

These guys were chosen cause they're perfect for this job and it all has to look like grassroots and not like the banks or govt are doing it.  

They're frontmen.  

It's a fact the CIA's VC arm (InQtel) invested in Facebook early on.  It would be easy to approach them and say: "We have a new technology, bigger than Facebook.  You guys missed out on Facebook, you can make up for it now."

Or InQtel could have easily promised them this deal to settle the Facebook lawsuit.

I don't know, but this ETF was a done deal from day one and I said so even though I could not find one single human being that felt the same way last year.  

I remember they were literally laughing at the mere notion of a Bitcoin ETF On all the financial cannnels.

Not one expert said it was even a possibility and in fact they all said it was impossible and it would be irresponsible for the SEC to ever issue Bitcoin an ETF license.

These experts were right but they didn't see this was all preplanned which is why they got it so so wrong!

[schnötzel]

Did you see?

http://www.coindesk.com/federal-reserve-bitcoin-potential-boon-global-commerce/

[Qu1ck$1Lv3r]

Here are a few stats to get you started:

The average US family bank account balance: $3800
Number of families in the US: over 115 million
Total BTC mined: 12.792 million

115,000,000 Families * $3800 = $437,000,000,000
$437,000,000,000 / 12,792,00 BTC = $34,162
$3,800 / $34,162 = 0.1112347052280311 BTC

$437,000,000,000 / 2,500,000 BTC = $174,800
$3,800 / $174,800 = 0.0217391304347826 BTC

Now consider this: What if there were a way to force everyone in the US to exchange their USD for BTC? What if the amount of BTC allocated to the US were only about 2.5 million? What if BTC was in a bull market or the USD was taking a dive for a month or two just prior to the forced conversion? Obviously my stats aren't perfect and there are other factors to consider but despite any inaccuracies the result is still the same: the average american family would be going from having $3800 in the bank to only fractions (0.0217391304347826! OUCH!) of BTC. The wealth would instantly be redistributed and the shock to society would be devastating Think about it: if a surprise forced conversion were implemented after the price is jacked sky high there would be a lot of people who are USD rich who would be effectively made middle to lower class over night. Another interesting stat: allegedly 25% of US families have NO money in the bank. Obviously they wont lose much but they also won't gain a damn thing either. The poor stay poor, the middle class becomes poor, and the rich become poor. Who gets rich? Who is buying all the bitcoins? Who is orchestrating this whole scheme? It's not hard to see what's going. China makes a lot of noise about btc but they haven't banned it. Russia did the same thing. How many bitcoins do you think the Chinese and Russians own? Half? Quarter? The Chinese invested a shit ton of money on mining gear and buying bitcoins. Keep in mind: the Chinese govt allowed a pro bitcoin television program to be aired. They were encouraging people to get involved. How many are tied up in big investment funds or lost? What about the US govt and Fed? How much have they gotten their hands on?  Just some things to think about when it comes to this redistribution of wealth scheme.

[Vlad2Vlad]

Did you see?

http://www.coindesk.com/federal-reserve-bitcoin-potential-boon-global-commerce/

That's very interesting - good find.  And of course you would expect that, if you're doing a wealth redistribution, as easy money gotten by millions of people would be spent just as easily on everything from fancy cars to art.  The first thing I would do is run out and buy like 5 cars [i don't need].  Why?  Cause that's what people do with money that comes overnight.  

Problem is, this will be short lived.  And then what?  The corporations get all the profits, all that wealth and we're forever stuck with GATT.


Now read that article and think of this:  "The Twin to Lift up the Colonies!"


Starts to actually make sense.

[Vlad2Vlad]

Quicksilver,

You make some good points but those numbers are tiny compared to the money in US (and European) pension funds (401K, IRA, etc.).  The biggest reason Bitcoin will be given an ETF license is so that all those mutual funds and hedge funds and regular investors will be able to [legally and easily] buy Bitcoin.  

People don't realize that most funds right now, even high risk hedge funds, cannot legally buy Bitcoin yet.  

That market is in the trillions of $$$, and it's coming online in 6 months, by January of next year.  This is why I said next year Bitcoin will easily see $10,000+ and it could go much much higher.

What hedge fund manager or mutual fund manager is gonna tell their boss or their investors that they didn't put anything in Bitcoin?  Not even 1% of their reserves?

Impossible. 1% is very little to risk for any fund.  Hundreds of Billions will go into Bitcoin (and alts due to crowding out and speculation) next year alone.

This is the biggest purpose for the ETF license and how I knew it was a done deal way last year.

And this is why I've been saying China and Russia have been secretly hoarding Bitcoin and why 3rd world countries around the world have so many Bitcoin wallets.  Just a fraction of 1 Bitcoin for someone in Africa or India will appreciate to life changing money.

And who's gonna pay for all this?  The pension funds from the West!


The game of musical chairs has begun!  

[Vlad2Vlad]

From the link above: “Bitcoin does not present a threat to economic activity by disrupting traditional channels of commerce; rather, it could serve as a boon.”


This is what the Fed thinks.

The guys who Andreas said were terrified of Bitcoin.  Haha!

Did you guys really believe muppets like Andreas Antonopolous when he was spouting off stupidities for over a year now, about:  Banks, the Fed and Corporations hate Bitcoin, are terrified of it and they can never control it.


Hahahaa.

The truth was always the exact opposite so either these experts are total idiots or they're media puppets.

And this is why that Bitcoin Public ETF was a done deal from day one.  They knew what this was from the beginning.  Or do you guys think the Fed just now realized this and decided to let us know.  Haha!

And notice the doublespeak:  SEC Warns investors about Bitcoin yet will issue an ETF license so even your pensions funds will go into Bitcoin and then they say Bitcoin is gonna be a BOON to commerce.

Hahahaa, well, which is it?  Is Bitcoin dangerous or is it a wonderful thing I should put my pension money into?

What they're doing here is laying the groundwork for the ETF approval and giving the green-light for pension funds to invest in what is now [all of a sudden] a good, safe investment.


This is the mother of all schemes!!!  Buy in now, all you can afford, and make literally millions of dollars next year when the Sheep Funds jump in [head first].

[Qu1ck$1Lv3r]

 ...those numbers are tiny compared to the money in US (and European) pension funds (401K, IRA, etc.).  

 Without a doubt my numbers represent but a fraction of the total wealth available for conversion to btc but it does illustrate just how high the price could go and how it could affect wealth brackets.

If:
 115,000,000 Families * $3800 = $437,000,000,000
 $437,000,000,000 / 2,500,000 BTC = $174,800
And if the average person were to wait until conversion was mandatory:
 $3,800 / $174,800 = 0.0217391304347826 BTC
 $10,000 / $174,800 = 0.05720823798627 BTC
 $100,000 / $174,800 = 0.5720823798627002 BTC
 $1,000,000 / $174,800 = 5.720823798627002 BTC

Everyone who currently owns 0.1 btc and $0 would be about 4 times more wealthy (as measured in btc) than the average family with $3800 in the bank but 0 btc. By forcing everyone to convert from fiat to btc and use it as "legal tender for all debts public and private" the vast majority of people would be living in btc poverty as compared to an early adopter sitting on 0.1 btc. The psychological impact would be enormous. If one were to factor in all the money that could conceivably be converted to btc the results would be much more extreme.

By "inflating" the price of btc relative to fiat and then forcing everyone to convert to btc the vast majority of people would find themselves bitcoin paupers. Not a single USD would have to be stolen, appropriated, or  confiscated.