Post
Topic
Board Bitcoin Discussion
Re: Can bitcoin make someone the richest in the world?
by
mojun7982
on 21/08/2021, 20:41:36 UTC
I think this one is easy to be answered: If ever anyone becomes the richest person in the world with Bitcoin, it is probably Satoshi Nakamoto. I don't think there is a person or institution owning more than a million Bitcoin. In theory it could be possible though. If someone is a billionaire and slowly buying when Bitcoin was worth Cents, who knows. It is not entirely impossible. I am not exactly sure, but when Bitcoin was first traded on the very first exchanges I believe in 2010, it was traded for prices like $0.03. But that's is what I am trying to say, wouldn't that person be totally crazy when Bitcoin hit $1,000 to not sell? That is like 3,333 x, how can you even hold further?