With the current socio-economic development (worsening) of situation, rich are getting richer, poor are getting poorer. Young generations are either trapped in “forever middle class”, or slip to the poverty, or understandingly (or not) work 9-5 (in some places 9-9-6) like in modern slavery…
If we look at things in general, then it really is that way, and it has always been that way - because in order for the rich to be rich, the others must be poor. All my life I have heard that 10% of people in the world control 90% of everything that exists, and 90% of people fight for the remaining 10%. Since the poor constitute the majority, it is their fault that they do not change the system and allow everyone to live a dignified life.
However, the poor (not literally poor) ones want to show off, want to get hot girls, want to get attention from rich guys, want to show they also belong to the elite class. So what they can do? – They pretend to be rich / from higher social class.
Pretending is ultimately just pretending after all, you can’t be part of the elite just if you own the latest smartphone or if you sell a kidney or some other body part to buy a car driven by the elite. Being part of the elite means having an almost inexhaustible source of money which ultimately distinguishes them from what we call
ordinary people. The real question is actually who are these people who want to portray themselves as fake rich people? I personally would never want to (even if I could) stand shoulder to shoulder with most of these people who make up today’s elite.
What is gonna happen once the post-apocalyptic scenarios come true? When/if there will be no electricity, computers, phones, etc.? People will value no US Dollar backed by state promise to pay off debt… your decentralized piece of code will not exist anymore (I do know about some offline-friendly cryptocurrencies)… only gold or natural resources will become valuable again.
I hope you are not one of those who are waiting for the end of the world at any moment, because if some kind of global apocalypse happens there will not be much difference between whether you have great wealth, or you are as poor as a church mouse - of course if you don't believe the rich have a solution to their salvation - something like what was shown in the
2012 movie. It is never wise to keep all the eggs in the same basket, I think that is also true when it comes to BTC.
While I do know many “Bitcoin evangelists” will probably hate me for the words above, but don’t you think that Bitcoin intentionally or unintentionally became the new asset for the “fake rich”?
The
“fake rich” paradigm in the context of Bitcoin is completely wrong in my opinion, because anyone can be rich if they own something valuable. A man who owns gold is rich until that gold loses its value or someone steals it - he who owns shares in a company is also rich if the company is successful - but he can lose everything overnight because of a scandal in which that company finds itself.
Bitcoin, as far as we know, came in response to this perverted and rotten financial system that currently exists, and has given people the opportunity to try to be as independent as possible from that system. Bitcoin is for some much more than money, freedom has never had a price.