Satoshi isn't actually the world's 12th richest person—not even close. That ranking is just a number game based on a wallet balance that's been sitting completely untouched. It's basically theoretical wealth locked in a digital vault that may as well not exist. The richest ghost ever, holding Bitcoin that'll probably never move. A lot of people get confused about this, thinking early miners are automatically mega-wealthy based on their holdings, but net worth means nothing when the coins never enter circulation. Satoshi's situation is the perfect example of how crypto wealth on paper doesn't translate to real-world financial power.
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GasWhisperer
· 12h ago
nah this is exactly what i mean about illiquidity being the ultimate market inefficiency—satoshi's sitting on a ghost position that's basically dead weight in the valuation calculus. unrealized gains hitting different when they'll never actually circulate fr
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HodlTheDoor
· 12h ago
They're just paper millionaires; only the money they can actually spend counts.
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WagmiWarrior
· 12h ago
Just a paper millionaire, all the coins are locked, what can I do?
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MemeEchoer
· 12h ago
It's just paper wealth; if it can't be moved, it's worth nothing.
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SybilSlayer
· 13h ago
Paper wealth is nothing; only when you can't move it truly are you truly poor.
Satoshi isn't actually the world's 12th richest person—not even close. That ranking is just a number game based on a wallet balance that's been sitting completely untouched. It's basically theoretical wealth locked in a digital vault that may as well not exist. The richest ghost ever, holding Bitcoin that'll probably never move. A lot of people get confused about this, thinking early miners are automatically mega-wealthy based on their holdings, but net worth means nothing when the coins never enter circulation. Satoshi's situation is the perfect example of how crypto wealth on paper doesn't translate to real-world financial power.