Quote from: Abiky on June 11, 2021, 02:00:13 PM

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

1. Warren Buffet main area is stock/equity, so that's why he has no interest in BTC.
2. Trump is USA resident and governments don't like BTC at all in its decentralized state.
BTC is there to break the monopolies of centralized financial institutes that's why authorities from such centralized institutes don't like to see BTC getting popular.