Post
Topic
Board Bitcoin Discussion
Re: Super Rich people have nothing to worry about Bitcoin and Blockchain Technology
by
CryptSafe
on 10/09/2022, 15:51:19 UTC
The super rich  are so much worried about the revolutionary financial technology Bitcoin and the Blockchain. They need complete understanding to not to fear of the future. First, they did not earn their riches by hard labour, second they must know that they will never use their mountain height of wealth in one life time.

Their wealth will be inherited by their children, they must teach their children to make money and enjoy their own labour and they must setup charities to help the humanity.

Also they can buy Bitcoin and protect their wealth from invisible theives. If the fiat currency system collapse then their paper money will become ZimbabuIwan  Dollars.

The solution is transferring their wealth into digital asset.


The issues of converting paper money to digital assets is not an issue neither is it a challenge to the rich but do you think they have such money lying dormant in their Bank account? Most or majority of the rich are dangerous investors. They don't mind investing the little profit they get as they know the value of investment and would want to accumulate more wealth for themselves. The only advice you can proffer to them is if they would look into accepting Bitcoin as a means of payment which they would want to put factors into consideration before giving it a try. As we all know the rich business men always look for a means to acquire more profit and that would be a nice idea to them considering the fact that Crypto currency and the market is volatile. I think they accepting Bitcoin would rather be as a means of payment because they converting their whole assets into Bitcoin is near impossible as they know what is obtainable in the system.