There are billionaires worth over $100 billion, and even more worth between $10 billion and $100 billion. So why haven't any of them bought most of the bitcoins? They could have done so, for example, in 2020, when the price of bitcoin was $5,000-$8,000. Bitcoin's market cap is now less than $2 trillion, and it used to be even less. Some multi-billionaire could have bought at least 10% of all bitcoins, but why hasn't anyone done so?
That'sThats because many billionaires still don't really understand what Bitcoin is. A few weeks ago, at a Bitcoin meetup for Bitcoiners from the former Yugoslavia ,Serbia, Croatia, Bosnia , a Croatian millionaire and well-known entrepreneur, Hrvoje Paprić, showed up. He had bought large amounts of Bitcoin very early on. We all thought he was smart and that he had understood Bitcoin before everyone else. But when someone asked him why he bought it, his answer was kind of funny , he still doesn’t really understand Bitcoin, even though he owns a large amount.
Cnversation with Hrvoje Prpić at that meetup was recorded and uploaded to YouTube. Someone really shouldve orange pilled him and explained what Bitcoin is
https://www.youtube.com/watch?v=0Lh-5iHM8bA