Post
Topic
Board Economics
Re: Billionaires hate Bitcoin.
by
Biomech
on 25/05/2013, 16:07:22 UTC
*sigh*

"the rich hate/love {insert current bullshit}"

"the poor hate/love/are oppressed by {insert current bullshit}"

There is no monolithic entity called "billionaires". It's merely a statistic. People are people, as diverse and dichotomous at all levels. I've know poor folk who didn't give a shit about anyone and rich folk who were trying their damnedest to improve humanity and the living conditions of the many. And vice versa.

There are some very specific rich people who love bitcoin. There are some very specific rich people who hate it. There are a bunch of rich people who don't give a shit, and a bunch more that are interested but essentially neutral.

How a man got to be a millionaire/billionaire will tell you a lot more about where he stands on most any issue than the amount of his wealth. Those that went out and earned it, probably would like bitcoin. Those who inherited it and are living off their daddy probably don't care. Those that stole it (banksters/politicians and such) would very much hate bitcoin as it is potentially a threat to their rapine.