Another billionaire just invested in bitcoin

[tinopener]

I reckon most very rich people will be put off buying Bitcoin in case it alerts the tax authorities in some way.

Most will go to significant effort to avoid paying tax across all their assets - possibly bordering on evasion - and won't want to attract any "heat".

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[isaac_clarke22]

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Not sure who that guy is but seems like this >20k  breach of the Bitcoin price gained the attention of many non-crypto investors even media celebrities.
I guess 30k really hit everyone hard to start investing right now to Bitcoin huh.
Not like I dreamed that 2017 price to happen all over again, but hell it was really an unexpected increase.

[shoreno]

so throwing money do also happens to on mexico ? i thought it only happens on venezuela but before them , i also so saw some guy threw money on top of the building or from streets but it doesnt mean money is useless on those country but those guys are just rich and want to share the wealth they have to the majority but what happens on this story that the guy witness how banks dump money  , thats weakening and for who ever see that will also feel the same weak feeling . now the guy was angry and use btc , he was going to tease banks with his btc .

[In the silence]

Great news, I hope other billionaires will follow the same as it will push Bitcoin towards it's ATH value but this comes with great risk as well because the more rich people invest into Bitcoin the more it becomes like a gambling wherein they may cashout anything sending shockwaves across the bitcoin's community like whales did last time.

The more wealthy investors, the more risky it would be since it's already on a high volative cryptocurrency. If some of the whales bring out some btc out of their wallet, there would be an impact again for bitcoin like on what happened last year.

[AngelaT34534]

In fact, in some small countries, choosing to use Bitcoin to avoid inflation is very smart. On this basis, if more rich people join in, it will undoubtedly promote the development of this situation. I think this is a help The means by which people in small countries protect their assets.

[kiki889988]

Dogecoin has soared today, with the highest increase reaching 10 times. It can be seen that the entry of these big capitalists will have a huge impact on the market. Hope this is not a bad thing.

[WillieTruman]

Human greed is the door to success. There is no shortage of companions on this road. Come on, Bitcoin, the world is coming to you, because you have been recognized by the world

[adzino]

Great. More billionaires entering the bitcoin market which means more of them are being aware of crypto currencies and how they are going to give better return than banks. They are noticing that keeping their money idle on their banks is not worth anything. But I am just wondering, if more billionaire starts investing in bitcoin, wouldn't the price, like every other thing come under the control of those billionaires? Wouldn't they have huge impacts on the market? Like if we see that a billionaire moved his coins, people will start panicking. When billionaires sell their coins, the market might crash. Wouldn't it?  

[GeorgeJohn]

It's seems that every rich person deserved cryptocurrency investment, Doe's it mean that fiat currency does not exist again, the answer is no,everyone has integrity and everyone has area of investment concentration platform that will add values to he/her money, while the rich people is investing in cryptocurrency especially bitcoin is because of the potentiality in crypto network, digital investment is a forward of investment from my perspective... Now for these man to adventure into crypto it's obvious that the name of cryptocurrency will be relevant in Mexico than before because people likely emulate the steps of richer