Post
Topic
Board Speculation
Re: It's happening! --- 3̶6̶0̶$̶ 378$
by
notme
on 12/11/2014, 16:34:05 UTC
If you were Bill Gates or Sir Branson, how much money would you get in BTC?


I'd probably send $40 million over to Bitstamp  Cool


That'll get you around 111,100BTC at today's rate

Don't know about Gatesy but think Brando already picked up and currently bagholding  Grin

Bill Gates is already at the stage where he doesnt give a fuck about money (as in getting more of it)  so I doubt he's going to be here watching to see the highs and lows but he's said favourable things about the tech model and sir Richard Branson as a billionaire  doesn't need the money either but he is happily accepting them for his  space tour flights   and probably even hodling them since he would have no need to cash out into fiat anytime soon  lol

that's an interesting discussion but did you know that this year alone there were more new billionaires than ever before?

I'd bet the first thought of many new billionaires is: "now I must make sure to remain billionaire" which means they are going to buy some bitcoins and that's a cold hard proven theory!

Branson is worth around 5 billion I think but he owns a lot of stuff that generates revenue every year

I was very happily surprised to see him getting into Bitcoin in its relative infancy but he obviously sees the potential in it

He's right more often than he's wrong and he didn't get 5 billion by being dumb

Branson does not care about Bitcoin or believe in it at all. They immediately swap Bitcoin into fiat at Virgin. They do accept Bitcoin because that would allow their customers to pay without audit and its a publicity stunt.
Branson did not make his billions investing in speculative stuff. He has a freakin spaceship and there is nothing speculative about that kind of business.

If there is nothing speculative in spaceflight, then why did his spaceship crash last week?

It is insured and they have proper plans in place for such events! He already has a airline, he did not just decide to do something with no clear plan like most on this forum praying to get rich quick.

I agree, but I'm not sure you understand what the word speculative means.