Post
Topic
Board Bitcoin Discussion
Re: Why some millionaires hate Bitcoin?
by
Melody kdl
on 25/09/2021, 08:25:57 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
There is a saying, if you invest in a field you don’t understand, you will definitely lose your money. These rich people understand this truth. They don’t have the initiative in the encryption field, only passive, and their investment is likely to suffer a sickle.  And they have no way to protect their wealth!