It is said that bitcoin is also a means of investment used around the world,but if one want to invest it will be someone who has a means or source of income because investment can't take place the person having means or source to.That means the poor people can't invest because they don't have the source of income to make an investment and t left for the the rich ones only (is that true?).
However, it is also meant for both the rich and the poor, but it seems only the rich people have the oppotunty to achive more bitcoin than the poor because they have a source of income which makes me say that the poor cam only accumulate limited Bitcoin.
Although bitcoin can be a good store of value so when though people without a good source of income buy Bitcoin with their small amount of money, in the future they will make little profits.
So do you agree with me that the rich have more advantage to accumulate more Bitcoin than the poor?
That is right, the rich people have an edge over the poor ones when it comes to any investment, this is because their financial strength is far higher than the poor people and they invest based on their financial capacity.
In bitcoin investment the rich people have high purchase power, and they accumulate this bitcoin in good number and most times they influence the bitcoin market or the price movement of bitcoin.
The purchasing power of the poor investors are low, there impact in the bitcoin market is not significant, so therefore they have no influence to manipulate bitcoin price movement.