Quote from: FIFA worldcup on Today at 08:35:07 AM

Quote from: Newlifebtc on May 06, 2021, 12:31:25 PM

It is obvious that world billionaires are indicating interest into bitcoin of late ,for instance Elon Musk twitted that you can now purchase his Tesla cars with bitcoin, is he trying to hod bitcoins so it will be scarce then he control and dictate the price of the market or is it for the good of bitcoin that we have been expecting ,what do you think

If the world billionaire's want to accumulate bitcoin and for this they buy bitcoin, then this is nothing wrong in that. They have the money and they can buy anything they think have greater potential. You cannot call this as hijacking bitcoin. Fiat money can be hijacked by printing and distributing unfairly but for bitcoin the process is simple. You need to buy it in order to become a big whale.

But then those who have more fiat and more dollars can accumulate more bitcoin as compared to the middle or lower income class person ?

Will this not get unfair advantage to the institutes and rich people to gather more bitcoin which is already limited in supply.