I suppose @OP was referring to the trading fees (not to spend). Let's imagine him converting his fortune ($175 billion) to bitcoins with a 0.15% FX fee, that would be $~250 million
Buy from me, Jeff!!!

@Twentyonepaylots

Amazon capitalized mainly on people's purchasing habits which changed when they turned to e-commerce during the stay at home order (without considering AWS and subscribers). Now the company is surely hoping the habits become permanent

It would be less costly for him if he starts a mining farm and get 90%+ total hashrates before making the attempt to buy all coins. He'd be getting the transaction fees and most of new coins. And as the previous user stated, a large buy order would make the price rocketing making him not being able to get even 25% of total coins. Jeff Bezos is much more intelligent than he looks.

I forgot the major details, I was blinded by his net worth by now and what I did is I just compared it with the real time market capitalization. However he could still afford to buy the available bitcoins, or he cannot? Jeff Bezos is living at the top literally, he's like the bitcoin itself when we talk about the money, how fortunate. What if Jeff is the on who's making the price movements?

I didn't expected the e-commerce to grow that far, since we have this pandemic right now.


and guys this is just a 'what if' of mine, I'm just stunned with Jeff Bezos. Peace !  

I completely agree with NeuroticFish about the things you don't take into consideration when making such an assumption. He probably wouldn't be able to buy even the majority of BTC, but I think if he wanted to, he'd definitely be able to buy an amount significant enough for very temporary price manipulations. He might even already have BTC as the rumors suggest, but we won't ever know unless he confesses and signs a message which is not likely. I am sure that there are people who won't sell there Bitcoin to him for any money he can afford to spend on this, especially since he probably cannot afford to buy at significantly more than the current market price. He cannot make all people sell their BTC.

He has a huge amount of wealth, a lot of that isn't going to be money. If he did start attempting to convert everything he has into cash he'd find he wound up with rather less than the headline figures everyone throws around.

Since he's already sitting on a machine designed to take over the world his interest in something like BTC will hover somewhere around - zilch.

True, with that net worth he has, he could just play along with it. He could and he can, if you are that rich there is no ultimate goal for you but to become richer, he can just inject tons of money in there making us think that it is bullish then get out with plenty of profits.But how do we know if he is doing this?

If you are that rich there is no impossible things for you, this guy has a lot of financial advisor and secretaries that he can command orders to do a stuff for him. Not that impossible for Jeff himself.

that was quick but that's aint right mate, he is not born yesterday to become that millionaire, he invested his whole life making money and serving people.

As I say, I don't work for anybody else, I just work for myself, why would he stop making money if he can?

"Earns $10 billion per year" isn't a correct way of thinking about it, he doesn't have $10 billion added to his bank account every year, what happens is that his networth is increasing by that number. It's the same as with us Bitcoiners - we could be unemployed, sitting on our asses all day long, but when Bitcoin goes up, we are "earning" money because our worth is growing.


It nay be fun to think about it, but really it's nothing more than a trivia fact. It has no consequences on the markets.

His wealth is not that liquid though, he need to liquidated his tangible and non-tangible assets just to be able to buy all bitcoins currently in circulation. Of course, he could do OTC transactions to somewhat minimised transaction fees, but still as he buys the price is going to push through so we may have to see fees going up as well.

Today Jeff Bezos may worth more than Bitcoin capital market but that doesnt mean he have the chance to have every bitcoins cause it doesnt work like that for it will be hard for him to buy Bitcoin owned by every individuals not to mention exchange site which are now offering Defi for their users that keep his coins on their platform. Besides, i believe his net worth was calculated base on the Amazon money if yes then there's chance that his net worth is not correct because Amazon is a group of companies.