| bowserthedog said: I don't agree with the assertion that Bitcoin was created so that the rich could get richer and so it could be manipulated. It was designed as an alternative to fiat currency which is heavily manipulated by corrupt governments. Bitcoin has a fixed supply schedule. Every 4 years the number of new bitcoin that can be minted is cut in half. Secondly the average joe has had years to front run bitcoin. Unlike stocks where the rich only can get involved with presales and then dump it on the backs of retail investors with bitcoin the institutions only really started to get into it in the last year or two and they've been pumping the bags of retail investors. |
Maybe not the old rich, but it's definitely designed to make the creators trillionaires. Every 4 years the number of new bitcoin that can be minted is cut in half. If that doesn't scream designed to make the early investors super wealthy, then what does. It's upside down. What does the average Joe, walking around in the 3rd world (the majority of the population of this planet) benefit? We (on here) all are the rich, part of the 1%!
