News for hackers. Stuff that matters.

A comment on Bezos donates $100M each to CNN contributor Van Jones and chef Jose Andres. Parent comment

Re:Bezos donates $100M each to CNN contributor Van Jones and... by rcMgD2BwE72F on Wednesday July 21, 2021 @05:34PM (#27912501)
Rich people hoard bitcoins, now.
[ Parent | on HN ]
Re:Bezos donates $100M each to CNN contributor Van Jones and... by WalterBright on Wednesday July 21, 2021 @06:29PM (#27912995)
The money they paid for the bitcoin went into the economy.
[ Parent | on HN ]
Re:Bezos donates $100M each to CNN contributor Van Jones and... by rcMgD2BwE72F on Thursday July 22, 2021 @10:13AM (#27919104)
Or into stocks. Or into existing real estate. Or into existing "NFT" arts. Or into any other bubble. When you print money, rich people can get price to inflate without any trickling down.
[ Parent | on HN ]