Re:The World's Biggest Wealth Manager Won't Touch Bitcoin
by biot on Friday November 17, 2017 @01:30PM
(#15724635)
If Bitcoin hits $1M per coin, then Satoshi Nakamoto will be the world’s first trillionaire. Not a bad return for 10 days of mining.
[ Parent
| on HN ]
Re:The World's Biggest Wealth Manager Won't Touch Bitcoin
by oleganza on Friday November 17, 2017 @02:21PM
(#15725139)
10 days of mining alone = 1440 blocks = 72K BTC at 50 BTC/block. $1M per coin gives $72B, not $1000B.
Re:The World's Biggest Wealth Manager Won't Touch Bitcoin
by biot on Friday November 17, 2017 @02:45PM
(#15725368)
"Nakamoto is believed to own up to roughly one million bitcoins..." "As the sole, predominant early miner the inventor was awarded bitcoin at genesis and for 10 days afterwards."
Re:The World's Biggest Wealth Manager Won't Touch Bitcoin
by googletazer on Friday November 17, 2017 @04:10PM
(#15725981)
Sounds almost like a creation myth, doesn't it?
Wonder if the world will ever find out with certainty who, or what organization is Satoshi.