Sometimes I wonder if we really are just super early, or if the elites really do get it too and are just silent about stacking sats.

They might be just pushing FUD and propaganda in an effort to keep as many people from buying in before they can stack up.

It’s only a mass transfer of wealth if all the people use it and the elites are last to the party. Otherwise it’s just the evolution of wealth.

Reply to this note

Please Login to reply.

Discussion

I see your point but I should clarify. I meant a massive wealth transfer in the sense that poor people in 3rd world countries will get cheaper sats because they are early compared to average people living in the 1st world who still don’t seem to get it.

You also might be correct about the elite privately stacking sats. There was a good podcast by Natalie Brunel recently with Grant McCarty. McCarty said that there are people in government holding Bitcoin but not allowed to talk about it. It was also reported today that Biden’s communications director owns Bitcoin.

I wonder that sometimes.