Post
Topic
Board Bitcoin Discussion
Re: Why some millionaires hate Bitcoin?
by
milani
on 18/07/2021, 06:44:07 UTC
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? Huh

In my opinion very often rich people do not tell the truth about their assets - the amount or type of them, and make different statements just on their own favour, manipulating by lots people minds. While at the same time having Bitcoins or other assets on their accounts. May be those who support dollar are just cunning or really got a lot income on gold or dollars or whatever.