Post
Topic
Board Economics
Re: Satoshi Nakamoto should be richer than Bill Gates.
by
stompix
on 23/04/2017, 14:09:16 UTC
We all know Bill Gates the owner of microsoft is the most richest man in the world. Total wealth of $80 Billion US dollars. While satoshi nakamoto the owner and founder of bitcoin only have $1 billion US dollars, Why he cant just generate indefinite amount of bitcoins for him and exchange it to real cash, right? Any thoughts?

Hhahaha , this can't be real....

The moment Satoshi would do this (the problem is that he won't quite be able to do it, but let's forget about it) the value of bitcoins would plummet to...guess what 0.
This is the basic selling point of bitcoin , limited supply.

Once we mess with this it's just like printing fiat.