According to my understanding, most super-rich people own a portfolio of few equity securities and index funds since they can gain admirable returns through it without spending much time managing it while some invested in gold. However, they always look for innovative opportunities to increase their earnings.
Yes, they can diversify investment into Bitcoin but their investment decision in crypto will depend on each rich individual personal understanding of Bitcoin.
Topic: Super Rich people have nothing to worry about Bitcoin and Blockchain Technology - page 3. (Read 391 times)
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September 04, 2022, 10:30:01 AM
September 04, 2022, 09:31:21 AM
I'm assuming someone that's wealthy and wants to protect their wealth has a lot of investments in stocks (or at least has enough of an income to live off coming from it) so why wouldn't they just keep holding that? At some point, enough corporations will have gotten big enough from accepting bitcoin or will have moved into irrelevance for not accepting bitcoin and will have been replaced in time.
September 04, 2022, 07:33:21 AM
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.
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.
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