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> and are, on paper at least, in the top 10 richest people in the world. That kind of wealth in Bitcoin is a strange case. After a certain point, money doesn't
by throwawaygh 5y ago
> and are, on paper at least, in the top 10 richest people in the world.
That kind of wealth in Bitcoin is a strange case. After a certain point, money doesn't mean anything material and comes closer to a proxy for measuring power.
Typically, people who are worth tens of billions have a lot of power. A big voting stake in a huge tech company is, these days, probably more power than a senior US senator.
What does $50B in bitcoin mean (regardless of whether it'd be possible to liquidate)? It's an interesting question.