8 people owns more fiat money than 50% of the worlds population and that number will be lower over time.
Bitcoin is doing just fine, people will use/sell them eventually.
there's actually very little fiat in circulation
try to get 100K cash from a bank, for 30 years they look at you like what
they have to bring a brinks truck to give you a lousy 100K
now 8 people might own the fiat digital illusion
but in reality, very little cash exists in the world
it's all fake digital money, nothing is real with fiat
banks use digital banking and have for over 40 years
so fiat is nothing but a big digital scam
you think the us gov is actually printing much money today, they just give permission to the big banks to adjust their digital ledgers they don't even need to print fiat now, they just tell big banks to add another zero so they have an extra 100 billion or whatever they need
it's why gates said bitcoin is better than currency, he knows it's all fake
imagine he goes to whoever MS uses and says I'll take my 50 billion in hundreds
yeah sure, he can never cash out and if he wants to take say 10 million cash somewhere, it's impossible to move 10 million cash
have you ever seen 1 million cash, I have, it's not like the movies it takes more than a brief case, it's almost a duffle bag
so cash and fiat is like gates said impossible to move around
fiat is now nothing but a fake digital currency it's why smart tech guys with mega millions like it, they know they don't have anything real so they might as well get bitcoin digital credits
haha
it's all fake the whole system