i am writing this blog to highlight the relationship between the new elite and the old elite. it seems there is a Mexican standoff between the richest people in the world for the moment. Earth has always been run by the super rich. they have always imposed their control through their wealth.
recently there has been a shift in power on this planet. while the super rich (people with old money) have always ruled this planet, there is a new contender in the ring. this new force is wielded by the crypto/mining powers that be, and they are putting pressure on the old money elites.
what most people do not realize is that no matter how much cash money the old elites have, they will never be able to control the crypto market. i would imagine that this pains them deeply. i however do not feel sorry for them.
cryptocurrency is like the cancerous tumor that will effectively kill all of the old financial systems and there is nothing the old elite can do about it. another thing to consider is the fact that one day soon all Bitcoin will be mined. what do you think the manufacturers/factories are going to do with all of those supercomputers that are mining it when it is all mined out?