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?
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!Thoughts?
You are right those millionaires who hate Bitcoin because they don't understand the crypto world, and because they are already rich, so they feel no need
to learn new things. It's their right to hate Bitcoin, because we can't get everyone in the world to like Bitcoin. There will definitely be people who hate
Bitcoin, even though there is plenty of evidence that Bitcoin can make a lot of money. That doesn't make some millionaires accept Bitcoin. We don't need
to worry about that, because not all rich people hate Bitcoin.