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. 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?
It is almost worthless even listening to people like Warren Buffet and Donald Trump on these topics, they are already sitting on top of fortunes that would be able to last them many lifetimes - they will never need to move outside of their comfort zone again. Cryptocurrency is very much a new field and those guys are in their 80's/90's right now so it may feel largely redundant for them to learn about such new technologies. They got rich without it, they learned their businesses without it and they can finish their life without needing to know about this new subject that does not offer them anything. Unlike people born today who have a chance to speculate on the future, their form of speculation on the past was owning companies and shares.