Post
Topic
Board Bitcoin Discussion
Re: Are Early Adopters rich?
by
noormcs5
on 03/10/2022, 14:58:33 UTC
I just wonder: are Early Adopters rich?
We know AA, author of "Mastering Bitcoin" was once attacked because he did not made any fortune having BTC from early years, then people donated some BTC and he collected around 100BTC.
Hal F's wife sued "I am Satoshi guy" and they were talking about $ 3-digit mln, so they are not kind of people who wait every month for their wage.
What about others? Bitcoin Core developers? Forum admins or well-known old users? Are they crazy rich living in their own castles or did they lost their coins, sold for $10 because of mortgage loan or student's debt and today they must work 7-15 every day?

I don't think that early adaptors are rich. Usually, the early adopters of bitcoin may already have sold their bitcoins at cheap prices and no one in 2013-2014 era could think that bitcoin could reach 60,000$ or beyond. They may have sold at only a few dollars profit and no one had a long term vision. And we are not to blame anyone as bitcoin in early times are only considered as a game money and nothing esle.