If crypto is the greatest transfer of wealth in a century, who’s losing the wealth?

If crypto is the greatest transfer of wealth in a century, who’s losing the wealth?

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Me.

Jow Forums

Late adopters.

We are, user. Cash being sucked out of our pockets right into Their hands.

It's like what the stock market does - big players piss each other off at the top but that's just for play, the money is being sucked up from civilian investors at the bottom.

Boomers

people that hold bags from projects like UUU or HOT.

Market capitalization for assets like crypto isn't 'real' wealth. If everyone cashed them out, the real value of them would be assessed which is a number close to zero.

So, late adopters, yeah. The greater the price you paid, the more money you transfered to an early adopter.

gains that went into gdp through inflation will be given back to the individuals that create them.
we will return to individual sovereignty

classic Ponzi. from the naive to the street smart

Not really Ponzi. But an illustration of greater fool theory in action.

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derivatives shillers aka JP Morgan

People. Banks and scammers are getting rich, its simple really.

Pajeets that haven't been born yet. If I'm going to be called a boomer might as well get the benefits.

old people, women

just people who haven't fomoed in yet. _everybody_ knew about it in desember but most didn't take the bait

(((No idea)))

New wealth being created

you late adopters are. you're loading up on shilled shitcoins, scam coins, chink coins, while whales have already accumulated millions into coins like bitcoin, ethereum, monero, and a few ethereum apps and tokens.

when people start realizing their shitcoin pics will never make them rich, they'll be buying all of my shit up, and i h haven't even had to trade once.

Funny thing, my friend's grandma lost 10k in bitcoin. Bloody idiot.

The Warren Buffets of the world

>late adopters

Nobody uses crypto, its speculation. Chains can't sclae yet, many projects are in development
Its not adopted until you are buying electricity using cyrtpo tokens, signing up to the gym, using blockchain verified CVs linked to higher education institution blockchains

Essentially the rich are getting richer...remember half of all Bitcoin is owned by approximately 950 individuals...think about that....there's what 7 billion people on earth