Quote from: conected on April 03, 2021, 04:00:14 PM

Quote from: bitcoin_bob on April 03, 2021, 03:00:26 PM

Rich people know what to do with their money. Simple truth, isnt it? Ordinary people usually dont know how to multiple their capital

- Not exactly, ordinary people know what they should do with their money but a big difference in capitalization creates a correlation of returns, I mean, if we have too little money to start with, our big profit target needs to be high while for the rich, a few percent of the return is more than enough, their risk is less, especially, their psychology is quite stable compared to ordinary investors. If we add up the probabilities they can associate and manipulate the market, implicit relationships, it is not surprising that more rich will become richer

I use the term "ordinary people" too, but truth is that "ordinary" is not the same on every continent, in all countries... I guess for some "ordinary people" it's not easy to get through the month with all the expenses we have in the modern age! So except for a big difference in capitalization, there is one more thing, "ordinary people" don't have what to invest! If you risk that little you have you can stay without food or monthly rent... for people with families, it's a huge risk, that involves losing a lot more than just money! On the other side, rich people risk just money, and the more money they have the risk will be lower for them, even if they lose some part that will not hurt them in any way!

Quote from: AicecreaME on April 03, 2021, 02:39:25 PM

I don't agree with majority of your statements. The wealthy people doesn't get richer just because of politics and power. Although yes, it plays a part since connection with different people is involved. However, the rich aren't always involved in politics. In fact, most of them avoid it as much as they can because they know what kind of world it is - chaotic.

The rich people gets richer because of hardwork. Majority of the rich people I know came from nothing. What paved way from them achieving the status they have right now is perseverance and determination. They used their money in investing instead of spending over luxuries things that are just liabilities. Although there are really some rich people (billionaires) that hoard money and were able to acquire such great amount because of unjust treatments, labor malpractices, and giving below the liveable wage value.

It just really depends on who are we talking about. The rich that acquired their wealth by hardwork and perseverance, or the rich that acquired their wealth using evil deeds like stepping onto someone's rigbht.

You are totally right! This world is big, with many souls walking around, and each of them has a different story to tell! In the end, it comes down to who you are talking with, as you said!