Quote from: Boomber on Today at 11:02:02 PM

Quote from: SAHASAN on November 15, 2023, 03:07:25 PM

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.
Example: Cz. Craig wright & Michel Sailor etc.

Looking forward to the well thought out opinion of the experienced in this regard.

rich people will not be interested in Bitcoin, because they are already rich and prefer to invest their money safely, so of course not many rich people are interested to investing in Bitcoin, but people who want to be rich, will definitely invest in Bitcoin, because investing in Bitcoin has the opportunity to become rich, therefore there are still many people who want to be rich will definitely take the risk of investing in Bitcoin, because only Bitcoin can make us rich even though the risk is also very high.

Agreed, people who are already rich doesn't want more money to enjoy life. For people who are in the middle class struggle hard to enjoy the next level of life. Even in the cryptocurrency industry it is possible to see quite few numbers of rich people, whereas the majority belongs to the middle class who keep on learning and innovating things to make themselves better in life. When one doesn't want money, they'll never think of it. This is why most of the rich continue their traditional investment and doesn't focus on cryptocurrency.