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Author Topic: Can bitcoin make someone the richest in the world?  (Read 2353 times)
Kusman
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August 22, 2021, 11:30:25 AM
 #221

It depends on the amount you invest into Bitcoin. The more the investment, the more money you get in the end. And by the way, I've heard that Satoshi Nakamoto is already the richest person in the world technically. Satoshi is continuing to hold their Bitcoins and I don't think that they will ever convert their coins to fiat.

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Vishnu.Reang
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August 22, 2021, 01:13:38 PM
 #222

Satoshi's coins (BTC980,000 according to most reliable estimates) are worth $48 billion as per current exchange rates. The richest person in the world, Jeff Bezos is now worth $177 billion (after his ex-wife took away around one-fourth of his wealth). It is a very simple calculation. If Bitcoin exchange rates increase by another 269%, then Satoshi Nakamoto will be the richest person on the earth. But there is a catch though. We still don't know whether Satoshi is alive or not. And even if he is alive, we don't know whether he is having the private keys to access his coins.
Qirtov
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August 22, 2021, 01:18:21 PM
 #223

Bitcoin makes it very possible for someone to be rich, but to become the richest in the world it will be difficult. The richest people in the world are usually because they have their own innovation or technology. If you only follow Bitcoin investment, you may be left behind with people who have greater innovation. But Bitcoin really bears being able to change a person's fate, especially in terms of the economy, many of the traders who suddenly got rich by investing Bitcoin. So it doesn't matter not being the richest person in the world as long as your needs can be met and have additional income from Bitcoin.
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August 22, 2021, 11:48:09 PM
Last edit: August 23, 2021, 08:06:15 AM by Shohanur
 #224

Yes bitcoin can make a person rich because it is most profitable. People are generating money by trading, holding and taking many advantages from bitcoin and thus people are getting rich by bitcoin.

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Sanugarid
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September 08, 2021, 02:48:27 PM
 #225

I came to investigate the richest man in Africa, he is not a bitcoin users, but a business man who don't depend on bitcoin investment.
The richest man in the world, he is not a bitcoin users but a business man who use fiat Money to invest and make a good profit.
Is there any way someone can use bitcoin to invest and become the richest in the world?
Your opinion is needed.

Investing in BTC could make you rich but it's not enough to make you the richest person in the world. You may be one if you managed to buy probably a million worth of BTC way back in 2010 but just as I've said it's not enough to compare to billionaires who generate billions of money every day and have made many investments that will generate more money.

celot
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September 08, 2021, 02:52:29 PM
 #226

It all depends on the amount of how much money you invest. If the value is very large, it might happen. However, usually someone who is the richest in the world will not publish his wealth in the community, perhaps there are many considerations other than security and comfort.

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adeyemirichard71
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September 08, 2021, 03:56:45 PM
 #227

Yes of course you can in a matter of time and likewise how financially you are, what i know is that if you get alot of money you can really invest and become more richer but for some people who aren't financially buoyant you can start from something and keep investing and get your interest.
If you are Rich you can only invest on Bitcoin and it only depend on how much large you go for it to be become Richer or Richest.
suboo112123
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September 08, 2021, 04:50:15 PM
 #228

If you can invest in BTC at right time then you will be rich definitely. My personal idea is that BTC prices are never down.
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