I think I am on to something with this.
Those nerds that sat in their basements and mined btc with their cpu's stand to come out with more money than the rockefellers.
I really don't see rich people not seeing that coming and refusing to buy in.
Why should the current 1% make the early btc adopters wealthy when they can just make their own coin?
All they have to do is clone the code and announce that they are 'authorized' fork and dish out prison time for using the original.
The squares will fight to get into the approved line.
It's a nice daydream, but I don't really see btc going much higher until the functional altcoins see much more put into them.
In all honesty, hive is a better coin, but suffers the same handicap.
No rich people are going to buy large amounts if it means they aren't on top anymore.
Or, they stretch the transition out long enough so that our grandkids sell what we have now to them for food tomorrow.
RE: The Daily Meme #539!