I don't believe billionaires would buy into Bitcoin because their riches are based in fiat and it is their best interest to support the status quo. Show me proof that a billionaire has bought a substantial quantity of Bitcoin.
interest in status quo bc status quo is in their best interests. there is an albeit small possibility status quo may begin to fail in that regard, perhaps already has started. the hedged and exploratory position or mere interest can quickly snowball.
Exactly 2017orso. What is so interesting about bitcoin is that every rational person (even those who despise bitcoin) should take at least a small position (WRT net worth) in bitcoin "just in case." But this "hedging" pushes up price, increases media exposure / public awareness, which leads to more hedging, and on and on.