If crypto is so safe and profitable, why haven't the billionaires bought a ton?

nigga the rich are untouchable gtfo with your plebeian mentality

if you are extremely wealthy, then there isn't much drive to get more wealthy, as you end up paying even more taxes on it. At that point they can just shove money into a dividend stock or even just in a bank and get them millions of dollars doing nothing.

>hard earned money

Crypto is volatile as fuck your question is based on a false premise

>>bill gates apparently loves stellar lumens

market cap

>small fish jumps in little pond
>makes small splash

>giant fish jumps in little pond
>makes giant TSUNAMI SIZED WAVE
>splashed so big entire pond is empty

Do you think that earning a million is easy? Fucking make it mate.

I will do it but not like the thief from the image that OP posted.

because they're profitable to regular guys like us

a guy like bill gates can only make pocket change out of this without distorting the market

fuck off nigger

You only pump the price when you've accumulated. I remember 2 years ago of rumors going around that big banks were quietly buying Bitcoins OTC on localbitcoins from nerds who got in early so they don't make big waves purchasing hundreds of millions worth off low liquid exchanges.

Because when you have billions to invest, there are things far more profitable than crypto.

And who the fuck ever said crypto was "safe"? Are you stupid? For every crypto millionaire, there's thousands of Veeky Forumsfags who lost everything.

Seems like you don't understand basic economics. Making a million from nothing or "little" is arguably is hard.

Having 100 million and getting 1% interest of that a year and BAM you just made a million with doing jack shit.

Expressing things in ROI makes a lot more sense.

Or maybe he actually believes in social mobility. You people are dumb as christ.

this.
it"s quite easy to double your 0.2 btc. try the same shit with lets say 2 or 20 btc and your strategy wont work anymore

Becuase when quantum computers get better in 5-10 years btc will be worth nothing due to encryption being broken

yes social mobility requires handouts, good goy

Is there evidence beyond that? Plenty of coins are just involved with azure and go "Bill Gates approved!!"

because why would a billionaire bother, they already have everything

if you had a billion dollars, you sure as hell wouldn't throw any large sum after meme coins on the interwebz, you'd be busy fucking underage imported gook sex slaves in your mansion, and dine with trump at the trump tower

because they are so rich, that they end up buying a large percentage of the coin market and end up crashing themselves

>If crypto is so safe and profitable
no one has ever said crypto is safe, quite the opposite actually. that's also the main reason it's profitable. and lastly, that's the same reason billionaires don't need it too.

Umm yeah no. The only true quantum computer that exists right now is IBM's 4 qubit one that they offer on the cloud (lel). Wave's annealing ones can't do shit. You'd need a 4000 qubit quantum computer to be able to break private keys (google on stackoverflow for the math). It took IBM 30 years of research to get to 4 qubits, and moore's law does not apply. Intel is going from a completely different direction and only has drafts. Besides, crypto can be made quantum proof, there are crypto algorithms where a quantum computer will not gain a performance advantage.

Implying quantum computing wouldn't make stronger encryption possible

Gates has most certainly invested in bitcoin

he's fucking spoken about it before on TV

That's why folks.. this user is poor and the rich are rich.

>muh IBM tech
30 years behind military
So... our buttcoins already being decrypted

Becuase they are fucking billionaires!!! why would they need to invest in anything let alone risking their hard earned money in a very volatile market? OP dumb as fuck

Gates probably did already, but he won't tell the world because it would pump the price to stupid levels and cause a bubble.

isn't google planning on releasing a 49 qubit chip later this year?

>Billionaire venture capitalist Tim Draper soon plans to take a step that even he, a long-time bitcoin aficionado

>About two months ago, hedge fund billionaire Michael Novogratz made a bold announcement: He'd put 10% of his net worth into digital currencies including Bitcoin and Ethereum

>Mike Cannon-Brookes has revealed that he has invested in Bitcoin, confirming on social media that his bet on the digital currency has worked out well.

If encryption is broken you have bigger things to worry about than the security of your BTC.

As long as you send your change to an unused address you're only susceptible to a 'finney attack' which would involve a dishonest miner.

All this is pure speculation anyway and I would not be surprised if in the near future the NSA or otherwise found some way to crack one way functions using classical computers

To add to the point about Moores law not applying, there may also be a fundamental limit to the number of qubits it is possible to manipulate without succumbing to decoherence, as yet we do not have a deep enough knowledge of this area to assume it can simply be scaled up without limit.

Who says crypto is safe??
The crypto market is extremely volatile and risky.
That's what makes it such an opportunity for huge gains.

Spbp.

This.