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RE: Bill Gates could purchase all of the cryptos!!!

in #cryptocurrency7 years ago

Bill Gates IMO cant buy all crypto cos the price is a dynamic category. He could buy all coins if the price would not change much, but if you offer billions to buy say all BTC, that will lead into a situation that 1BTC will cost like maybe 100k or even 1M, same would happen with all coins. That s why banks and governments cant just buy /stop them.

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You are correct, this was a way to get you to put things in perspective, not an actual thinf that could occur. Just to add to your point, thay net worth of those individuals and companies is not all liquidated, so that dies not represent their purchasing power.

Purpose of this post is to help those that believe it may be too late to invest in crypto to undrrstand this is in the very begining stages. Most currencies are worth much mire than one individual personally controls

We sure are at the beginning and there will be space of all kind of coins and solutions. After an information age it is coming the decentralisation age.

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