This is what I have been saying to people for a while now. That $400k they spent is nothing to them. Literally nothing. They have so much money it is ridiculous. @anomandsoul made a good point the other day that many of these transactions are possibly money laundering as well. I don't think that is true for the majority of them, but I would guess it is accurate for some of them.
Posted Using LeoFinance Beta
Some are likely money laundering for sure, but I reckon a lot of it is just - because they can. Having obscene wealth doesn't require being hyper intelligent or caring about every penny - especially in crypto for the very early adopters.
Very true!
Posted Using LeoFinance Beta