Super Rich people have nothing to worry about Bitcoin and Blockchain Technology

[NdaMk]

See when someone is already rich they dont put effort to get more rich. They rather put effort to enjoy their richness. That's why most of the new startups are done by young dynamic and not of rich people who have flare or doing something evolutionary or rather revolutionary. Such people are the one who lead innovation.

I quite disagree when it comes to rich business people, they continue to set up new business and don't want to be thrown down from there business ranking. They always wants to be number one and therefore diverse into any new innovation they see. Just a look at the list of top rich business people and how they still compete with new comers. Even though some still have been the business strength to be OK even if they don't compete. But they just want to get everything

[lucates]

What makes you think that they are worried? When Warren Buffet or Bill Gates attack Bitcoin, it's not necessarily because they are afraid of it. They are influential people and they share their thoughts on global events, especially if someone asks them. And if they criticize Bitcoin, it's not automatically because they are rich. There are also rich people who defend it, or poor people who don't like it.

We can't really generalize to everyone. Rich people spend more on investment, crypto-currencies is one of their options. Some are already accepted but others hesitate to buy. Even Elon Musk promotes doge coins.

[CryptSafe]

The super rich  are so much worried about the revolutionary financial technology Bitcoin and the Blockchain. They need complete understanding to not to fear of the future. First, they did not earn their riches by hard labour, second they must know that they will never use their mountain height of wealth in one life time.

Their wealth will be inherited by their children, they must teach their children to make money and enjoy their own labour and they must setup charities to help the humanity.

Also they can buy Bitcoin and protect their wealth from invisible theives. If the fiat currency system collapse then their paper money will become ZimbabuIwan  Dollars.

The solution is transferring their wealth into digital asset.

The issues of converting paper money to digital assets is not an issue neither is it a challenge to the rich but do you think they have such money lying dormant in their Bank account? Most or majority of the rich are dangerous investors. They don't mind investing the little profit they get as they know the value of investment and would want to accumulate more wealth for themselves. The only advice you can proffer to them is if they would look into accepting Bitcoin as a means of payment which they would want to put factors into consideration before giving it a try. As we all know the rich business men always look for a means to acquire more profit and that would be a nice idea to them considering the fact that Crypto currency and the market is volatile. I think they accepting Bitcoin would rather be as a means of payment because they converting their whole assets into Bitcoin is near impossible as they know what is obtainable in the system.