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.
Yes, I also think so as you noted above.
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.
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.
With this point I would disagree. You can be part of the elite with just the latest smartphone or rented things. Check here the latest story: https://www.whatsonweibo.com/the-fake-rich-of-shanghai-peeking-inside-a-wannabe-socialite-wechat-group/
It's about girls in Shanghai who pretended to be rich, to get rich husbands (thus joining the elites eventually). There are similar things in Russia (not so organised though
), and I guess in many other places. That's why people say "fake it till u make it". People who want to portray themselves as being rich, while not actually being ones - mostly hungry for money, greedy, or just simple people who don't see other ways of improving their lives. Just with regular social / life pressure - people are stimulated to show success and rewarded for doing so (YouTubers, Instagramers, TikTokers, etc.), and eventually some of them do turn out to become actually rich and go to buy houses, cars, some shops, restaurants, etc.
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.
Don't worry I am definitely not waiting for the apocalypse. And while the elites might have some "Plans Z" for such case, with the end of the world, as you said correctly - it's unlikely there's anything what can save anyone.
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.
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.
Very agree with the first part, but haven't some assets had proven historically that they are here for a very long time? With Bitcoin - we just need to wait and see how it goes in the next 100-1000 years just like we saw with gold. Bitcoin indeed can heal the current rotten financial system, or it can get crashed when someone thinks "that's enough" and then again the old elites just continue with their own old pace and things get back to where they were (or probably get worse).