Post
Topic
Board Bitcoin Discussion
Re: "Millionaire" is a fiat-based term
by
BillyBobZorton
on 25/03/2015, 16:39:19 UTC
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.


Is that a bitcoin millionaire? Anyone you know has a 1,000,000 BTC?
No, not to my knowledge no. No one ever owned 1 million, not even the super mega early investors and miners. But I could be wrong tho, no one can tell how many BTC a single entity owns by looking at the blockchain.