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?
There are some conservative people who believe only in traditional finance instruments such as gold, stocks, bonds. They don't want to try anything new and more risky, they are afraid of risks. Personally I don't agree with such approach, as crypto is much more profitable than stock market or any other and if you learn this market and develop your skills, it will yield profit.