Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: princessgirl on October 08, 2018, 11:54:02 AM

Title: What happens if a single person buys all existing Bitcoin?
Post by: princessgirl on October 08, 2018, 11:54:02 AM

There are 21 million Bitcoin in existence with only a few mined. The concept of one person buying all existing Bitcoin is not feasible because all existing Bitcoin is not in one depository where an individual can walk in and purchase all. Bitcoin is suppose to circulate in order to fulfill its goal as a currency.

Title: Re: What happens if a single person buys all existing Bitcoin?
Post by: hinata hyuga on October 10, 2018, 07:41:04 AM

can't imagine how much wealth is owned and how much profit he gets from the results of bitcoin ..