Quote from: Xester on August 05, 2017, 04:00:08 AM

Quote from: espante on August 05, 2017, 03:40:39 AM

Quote from: mostkey on August 05, 2017, 03:35:40 AM

Quote from: yrreg ger on August 05, 2017, 03:17:53 AM

Quote from: easynote on May 25, 2017, 03:37:15 AM

I don't really see a point of those type of people trying to use Bitcoin to purchase whatever they want since they're already rich. Bitcoin does not have any weight to it when showing somebody the amount of coins they would have, if they show how many paper money that they have then people will get jealous and is more than likely to be controlled by the holder.

I agree. They have sufficient amount to spend to satisfy their needs. What's the point of getting bitcoins if they have much money which much more convenient to use for daily transactions? Another thing is why they have to risks their profit if they can obtain that in their own jobs or businesses with assurance. Besides the risks, These type of people have no time to spare, i think they can't afford to lose time in this kind of business

I think not all bitcoin holders are rich, some are very dependent on bitcoin to meet their daily needs and maybe they only earn from bitcoin and have no other business at all

The question was not if bitcoin holders are rich it was if rich people invest in bitcoin, I think you missed the point of this thread.

And I agree to an extent with the people you replied to that rich people don't have much time to focus on bitcoin and its related businesses, they simply don't need it.

Understandable. Rich people will focus more on their business and let us ordinary, middle class or lower class to feast on the opportunity given by bitcoin. They do not have any time maybe to mine or to do things that we do like as they earn more more than what we do. Or another possibility is they just bought a huge amount and let it sit and wait for the right moment.

It seems to me that for rich people bitcoin acts in the role of not investment, but in general as a means to hide their finances from the state's eyes. We really understand that using Bitcoin you can evade paying taxes. That's how rich people today are investing in Bitcoin, almost out of their own volition. The fact is that in the world, with the filing of the United States, there is a struggle with unaccounted-for finances.