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I think you’re very confused about what people with this level of wealth actually own. They don’t have that much cash. They own a company that a lot of other p
by kortilla 1y ago
I think you’re very confused about what people with this level of wealth actually own. They don’t have that much cash.
They own a company that a lot of other people want a part of so the open market value for shares of that company go up significantly. There is no negative impact or stealing involved here. There isn’t even accumulation.
All wealth gains at these magnitudes are through appreciation of existing assets.
If the man who sent two pizzas in exchange for 10,000 Bitcoin just sat on that Bitcoin all of this time, he would be “stealing” or conducting a “crime against humanity”. Do you see how ridiculous that is?