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Showing 3 of 3 results by shimozukawa
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Board Development & Technical Discussion
Re: Get list of all addresses with a balance over x?
by
shimozukawa
on 14/08/2017, 10:12:17 UTC
For example, no one knows Satoshi's addresses, but they are rumored to contain upwards of 1,000,000 Bitcoins.

So, he's a billionaire on paper. If he were to sell his BTC, how much would he expect to lose due to the associated crash in the BTC marketplace?
Post
Topic
Board Bitcoin Discussion
Re: What Will happen if all bitcoin already mined ?
by
shimozukawa
on 14/08/2017, 10:02:23 UTC
bitcoin is more like a speculative flagship that introduces a new technology. as soon as the hype flows down and the choice gets bigger people will rethink for what money they work for.

My assumption is that once governments realize that China & Russia (and companies located within each) control close to 70% of the world's bitcoin supply, it will stop being an accepted form of commerce, and the price will drop.
Post
Topic
Board Economics
Re: Is Capitalism Flawed?
by
shimozukawa
on 13/08/2017, 11:43:21 UTC
Yeah and i guess not only him,but me also one of them who's having a money for under than $5000/year.
based on my estimation average salary in my country around $3000/year and we worked for more than 10 hours,
(more likely slavery other than working)
and what OP said was half correct and half incorrect,everything what he said was real and i can see it in my own country.
it's total flawed system for some people,but most of the using their authority to create their own wealth.

the real question is,what we can do to make it better ? nothing,because human is a passionate being,
if he can create 1 ship,he will create another one and another.



This shocks me, as the minimum wage in Thailand is 300 baht (~$8.50) per day or ~$2230 per year. The average wage is obviously dragged down by the vast majority of farmers, but the minimum wages in Bangkok are a lot closer to $3800 per year. For that reason, it seems difficult to believe there are many English-speaking nations where the average salary would be $3000 per year.