Re: Some rich person not interest about bitcoin for following reason
A friend of mine is not interested in buying Bitcoin even after learning about it.
Because according to him Bitcoin is a small number of people who have a lot of Bitcoin. They can easily go down on the bitcoin market if they want to.
Well you should know and also tell them that Bitcoin is not an investment, it is a currency and its purpose is not to give you profit. It is made to give you financial sovereignty. By converting your centralized censorable fiat to the decentralized censorship resistant bitcoin you can freely use your money without having someone else's hands in your pocket.Because according to him Bitcoin is a small number of people who have a lot of Bitcoin. They can easily go down on the bitcoin market if they want to.
Example: Cz. Craig wright & Michel Sailor etc.
The fact that your "friend" thinks a scammer like Wright has a lot of bitcoin shows how little he understands of the Bitcoin world. They are probably better off not having any bitcoins at all. 