Kraken’s Dan Held: “Bitcoin, The Biggest Transfer Of Wealth In History”

Bitcoin and crypto popularity is on the rise, and this is happening during the great global crisis in the middle of which we are for more than a year now.

Kraken’s director of growth marketing just posted an exciting tweet, and you can also check it out below.


Someone commented: “From the rich to even richer folks? And I’m not bearish on #btc I just don’t see how the average joe is going to profit from this. But my mind is open…”

Held responded with the following message:

Someone told the following to Held: “Is it really a transfer of wealth if that wealth is newly created? It’s a change in wealth distribution by more young people achieving new wealth, and a huge increase in wealth opportunities to unbanked people.”

Another follower said that when things like this are said, the implication is the fact that you’d be a fool to sell.

“In fact, you should buy even more. We all get rich because that’s how this works. Convincing people to hold onto their “investment” is the greatest part of the ponzi scheme. I’m just saying,” – this is what another follower posted.

At the moment of writing this article, BTC is trading in the red, and the king coin is priced at $45,670.00.

Bitcoin transactions are the future

MicroStrategy’s Michael Saylor is boosting Bitcoin again, comparing it to Visa. Check out his tweet below.

Stay tuned for more news.

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I am a technical writer, author and blogger since 2005. An industry watcher that stays on top of the latest features, extremely passionate about finance news and everything related to crypto.
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