i am writing this blog to highlight the relationship between the new elite and the old elite. it seems there is a Mexican standoff between the richest people in the world for the moment. Earth has always been run by the super rich. they have always imposed their control through their wealth.
recently there has been a shift in power on this planet. while the super rich (people with old money) have always ruled this planet, there is a new contender in the ring. this new force is wielded by the crypto/mining powers that be, and they are putting pressure on the old money elites.
what most people do not realize is that no matter how much cash money the old elites have, they will never be able to control the crypto market. i would imagine that this pains them deeply. i however do not feel sorry for them.
cryptocurrency is like the cancerous tumor that will effectively kill all of the old financial systems and there is nothing the old elite can do about it. another thing to consider is the fact that one day soon all Bitcoin will be mined. what do you think the manufacturers/factories are going to do with all of those supercomputers that are mining it when it is all mined out?
share your opinions
Power doesn't get distributed, it just gets transferred to another group
Ohhhh
quote "many of them are evil and deserve to be shunned."
This is nonsense, you don't actually know this. People with money are often protective of themselves but I'm not sure if this makes them evil. We are all the same. Born into money or not. Earn it the hard way or spend it the fast way. Either way we are all human. There is not really an us and them. Only us.
i dont know but steem is a good site for online earning without investmet
tbf it's an investment of time
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Old things wont get dead, as it will take a lot time to learn.
https://steemit.com/mgsc/@pawanain/btc-price-may-hit-usd-3k-to-usd-5k-but-in-dec-2018-it-may-be-usd50k
Good article
you r doing great job...keep it up
Amazing post! Keep it up.
@mianadnan3218 Nice post, thanks for sharing this valuable information with us
In Indian it is happening from centuries......and will remain continue.
Good work, based on some bitter truths
All those supercomputer who are mining Bitcoin will latter only work for verifying transaction