Wealthy investors are exactly the kind of people who (through lobbying) designed the current financial system.
Re:Bitcoin is a disaster
by mandelbrotwurst on Thursday December 31, 2020 @07:42PM
(#25599241)
That's true, how does it relate to what I was saying?
Yes, people are investing to speculate on its price, but they are also investing because it has a fixed supply that cannot be inflated away by governments.
Take a look at the U.S. M2 money supply YTD and the DXY and consider what happens next as more wealthy investors begin to recognize this advantage inherent in Bitcoin.