Some wealthy people have expressed their disdain towards Bitcoin. They believe Bitcoin is a scam or Ponzi scheme backed by nothing. Figures like Warren Buffet, and even Donald Trump himself believe Bitcoin is a sham. I'm surprised to see this, since Bitcoin brings many profit opportunities to its "hodlers". For some reason, millionaires (or billionaires) hate Bitcoin.
Most of those attempts are the keep, other people, away from bitcoin and another tech that makes challenges them to change by following masses, They don't want to follow masses so they hate it, What they mean is "I'm here because i don't use bitcoin and you shouldn't either"
They usually support Gold and Fiat, not wanting to try something new like crypto/Blockchain tech. Justin Sun tried to convince Warren Buffet to get into crypto a while ago, only to find that his efforts were in vain.
Thoughts?
Thoughts?
They don't support it because their wealth is built on traditional sources of income and anything new that changes the tradition messes with their head.. a lot.
When people get old their drive to do things decreases, most of them, and life becomes dull because the brain recalls past knowledge and connects dots and that becomes easy rather than learning something new.