Post
Topic
Board Bitcoin Discussion
Topic OP
Are there truly crypto whales and what are your takes on them?
by
Obari
on 08/01/2023, 02:10:05 UTC
I came across a topic asking if people can really change their name to Bitcoin for 200btc here
and my answer was yes speaking for myself.
That very topic reminded me of an issue my brother had as he was scammed of $2000 worth of BTC but we had to track the transaction using the transaction ID on Blockchain and when tracked, we finally found the coin in a wallet containing over $600m(36754.6) worth of Bitcoin after several transactional movement.

My questions
~Are there private individuals who own and posses such amount of Bitcoin?
~Why will one posses such amount as an Individual?
~Are there any consequences to this?