The Currency Analytics
By Dan Saada
Bitcoin (BTC) not Ruled by Rich
Reportedly, there are 13,059 Bitcoin millionaires, in other words addresses which contain more than $1 million worth in Bitcoin.
Elon Musk, CEO of Space X, recently the seventh richest billionaire in the world, is a supporter of Bitcoin; however, in a twitter session with JK Rowling stated, "I still only…
Whether Elon Musk benefitted with BTC is a different story, but scammers did. Elon Musk Bitcoin vanity addresses were used to scam users out of $2 million!
So, Elon Musk did not really need BTC to become a billionaire, he had other ground breaking feats and ambitions that helped him be whatever he is.
Sydney Ifergan, the crypto expert tweeted: “Sure! Elon Musk did not need Bitcoin (BTC) to become a billionaire. He is already a billionaire and he might not need it.
The world needs more than billionaires. The world is filled with people who fight between bread and money. Ultimately, bread is the winner.
To the rich man, who can afford every cost, BTC might mean nothing. They already have a formula to win.
The rich are very clear about what they need to do with their value, and how they would like to preserve their value.
Point to remember, BTC is decentralized and no body dominates the space. It is for everyone.
The rich do not rule Bitcoin, Elon Musk and Warren Buffet have no job to dominate or rule BTC. It is independent money for the free mine.