Post
Topic
Board Economics
Re: Just a useless statistics
by
jubalix
on 14/06/2017, 02:35:24 UTC
Just found out that Bill Gates' networth,$86B is the market cap of the top 5 cryptocurrency, including Bitcoin and Ethereum, combined!  

yes that from selling $50 software to everyone.

Remember the whole tech sector is a rounding error on the financial markets which in in the many trillions....which is what BTC/crypto tech is going after/supplanting.

86B in the scheme of things can buy you 86 thousand houses in say a major capital city, which can house about 200K people, and that just the house not the ongoing costs. So what 4 or 5 suburbs worth. Nothing really in the scheme of things.

You quickly see that it really is peanuts in the scale of public funding, tax, living costs, transnational volume.