Post
Topic
Board Economics
Re: Billionaires hate Bitcoin.
by
Biomech
on 26/05/2013, 21:27:22 UTC
Those that went out and earned it, probably would like bitcoin.

Not necessarily.  Even if you look at the philanthropy by these billionaires you'll notice often that the use of public funds is either a contingency or ultimate goal.  Again, billionaires benefit from the status quo.    Bitcoin disrupts that and the power they hold.

Billionaires also benefit from playing the risks and knowing, or at least correctly guessing, when the status quo is no longer ante Smiley