"Millionaire" is a fiat-based term

[BillyBobJoe]

It's kind of weird that we're stuck with millionaire, today 1 Million dollars isn't really all that much.

To me it would be a lot but I'm smart with my finances and I don't buy useless fluff. (Not all the time at least).

1 Million dollars is like 67 years of minimum wage (which is a shitty definition of a rich person)

Or maybe 20 years of a fairer minimum wage (still not the definition of rich).
 

What is weird is some things people post on the internet. Here try comprehending this, a definition:

"A millionaire is an individual whose net worth or wealth is equal to or exceeds one million units of currency."

It has nothing to do with earning a million dollars. You can earn much more than minimum wage and never be a millionaire.

[RenegadeMind]

Cryptoaire...? .. you must own at least 1 Bitcoiner or more to be a Cryptoaire.

It doesn't really roll off the tongue very well.

Perhaps "cryptillionaire"?

+1 for bitcoinaire

As above, it doesn't sound very smooth.

Similarly, "bitillionaire" rolls off a bit smoother.

[ShakyhandsBTCer]

Millionaire means nothing anymore. I have several million... pesos.

I millionaire is generally referred to someone who has one million US dollars. The US dollar is used because it is the most widely accepted and used currency in the world.

[Beliathon]

-aire is a feudalism-based suffix referring to inheritance, as in "the heir to the throne". Remind me again why we tolerate this neo-feudalistic bullshit in 2014? Oh right, the cult called capitalism and its pseudo-scientific little sister, economics.

[JonBosco]

This is futile. It will be "bitcoin-mil/bill/trill-ionaire" until the USD/EURO/GBP go the way of the DoDo. The media and people of the general public will continue to use fiat as a barometer of wealth.

Possibly the new generation (kids who are under 4 now) will come up with another term.

[Bizmark13]

The term millionaire is rooted in fiat.  Should BTC replace fiat, 10 coins should be enough to classify as wealthy.  That number can be argued.  But we need a new term for someone with enough BTC that they are wealthy.

Should BTC replace fiat entirely, 1 coin should be enough to classify as wealthy.

Should BTC "only" reach the market cap of gold, 3 coins should still be enough to classify as wealthy.

Assuming wealthy = $1,000,000 in 2014 or top 7% of American society or top 1% of the world.

One day I hope to become a bitcoinaire.

[ljudotina]

Millionaire means crap. Our whole country were millionair not so long ago. My dad used to get 20mil / month...imagine that! And we barely had enough money for basics for whole month.

[Ninietz]

just: "Air" or "Aire"

[ajareselde]

its funny to see you strugle with those terms so optimisticly, thinking you will be one in near future.
anyways, soon enough , the term in bitcoin might be considered when a person is in the top 1 000 000 highest wallet amount, not poining to exact number.

[kryptomena]

Bitcoinaire sounds the same as bitcoiner. A lot of confusion between a guy who owns a lot of bitcoins/crypto (bitcoinaire) with somebody who is just interested in bitcoins (bitcoiner).

Cryptillionaire works for me. Btw. the domain (cryptillionaire.com) + twitter (@cryptillionaire) + gmail ( with the same name is for sale, so, if you are one of the future cryptillionaires or just want to create a "Who wants to be a millionaire" android and ios app clone called Cryptillionaire, let me know

[R2D221]

Millionaire means nothing anymore. I have several million... pesos.

Which kind of pesos? Several million Mexican pesos is still a fucking lot of money.

[tspacepilot]

Millionaire means nothing anymore. I have several million... pesos.

Which kind of pesos? Several million Mexican pesos is still a fucking lot of money.

Of course, as you imply, many countries use a peso and as far as I know, mexican pesos are among the more valuable of the lot.

[calme]

"bitillionaire"

It also doesn't sound like "bitcoiner" like "bitcoinaire" does

i guess we'll have to see what the standard denomination will be i.e. bits, mBTC, etc.

counting 1m as the benchmark for success might need to get left in 20th century, since we have crypto and more fiat inflation now. using 1m just pays homage to fiat.

[johnyj]

You simply call them "Top 1000"  

I think "miner" or "farmer" are hard core names

[bitllionaire]

how about my nickname? 

bitllionaire sounds cool, but I don't know to which amount would correspond

[futureofbitcoin]

Actually I have 2 really revoluationary terms. Get really to have your socks knocked off:

How about....

Rich person

or

Wealthy person?

[ajareselde]

why not make it 1 million satoshis for new age millionare, satoshionaire, but that would mean that 1 sat should be equivalent of 1$, so 1Bitcoin would be a million fiat usd..

how about my nickname? 

bitllionaire sounds cool, but I don't know to which amount would correspond

that could work too, maybe with an "m" added, bitmillionaire

cheers

[calme]

You simply call them "Top 1000"  

I think "miner" or "farmer" are hard core names

i wonder how many btc one would need to be considered t-1000 anyway.
it's a great name but ppl wouldn't honestly know if they are considered that or not, unless it's based on addresses.


you know the world is changing when girls want to fuck you when they find out you're a farmer

[countryfree]

Millionaires are losers anyway. I'm a billionaire! I own more than one billion satoshis.

[CoinRocka]

"Left Decimaler"