Re:Secret Bitcoin billionaires to renounce their US citizens...
by soneca on Sunday February 04, 2018 @10:24AM
(#16303058)
I think the "Bitcoin billionaire" is more of mythical figure than real people.
To be a Bitcoin billionaire, even a multimillionaire you had not only buy thousands of Bitcoin early on, you had to also:
- Hold when it was valued at USD10 (it was a milestone that generated a lot of buzz that it was a peak value)
- Hold when it was valued at USD100 (it was a milestone that generated a lot of buzz that it was a peak value)
- Hold when it was valued at USD1000 (it was a milestone that generated a lot of buzz that it was a peak value)
- Not lost the password of a negleticble amount of money stored as virtual currency that no one quite understood in a virtual wallet you are not sure where to keep.
- Not be hacked in several ways, included in the biggest exchange of the early days
Is anyone guess how many people are left after all that. My guess is that I would count in one hand
To be a Bitcoin billionaire, even a multimillionaire you had not only buy thousands of Bitcoin early on, you had to also:
- Hold when it was valued at USD10 (it was a milestone that generated a lot of buzz that it was a peak value)
- Hold when it was valued at USD100 (it was a milestone that generated a lot of buzz that it was a peak value)
- Hold when it was valued at USD1000 (it was a milestone that generated a lot of buzz that it was a peak value)
- Not lost the password of a negleticble amount of money stored as virtual currency that no one quite understood in a virtual wallet you are not sure where to keep.
- Not be hacked in several ways, included in the biggest exchange of the early days
Is anyone guess how many people are left after all that. My guess is that I would count in one hand