Money moves primarily in the lower and middle classes.
The wealthy tend to horde wealth and then spend it on strategic purchases, designed to preserve their overall wealth. They don't lose wealth, by spending it, they only lose money.
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And use debt for day to day spending. It’s cheaper that way.
They wouldn't be able to do debt-based spending with Bitcoin, at least, not like they do today.
But they could simply spend at a rate slightly-less than deflation and have a rise in purchasing power despite a nominal loss.
They would have a growing share of a shrinking pie, in other words, if they play their cards right.
Try your hardest to explain any comment made in this discussion to a typical everyday person. They won't comprehend a single sentence. People really don't seem to understand that many wealthy individuals and families really only have one giant line of credit 🤷♂️. It's up to the individual to figure out methods of wealth preservation.
nostr:npub1hv64t0jlg94p0tpq6zc8mrc5kyfhzwwn8fxp6m45jwdn9pmfs53q0yrjjm that just isn't true. At least, not as often as you would believe. Wealthy people do not always have to work hard to generate more wealth. Lol. It can actually be rather easy.
It is not always true. Some will stumble upon it by sheer luck. Or through inheritance, stealing. But most Bitcoiners worked for it I say. It is possible that some wealthy trust fund kids would have rode the way by putting their money into Bitcoin.