Assuredly, the great empires of Rome, Venice and Constantinople also had many rich people enjoying the various splendors of wealth.
If we can consider the fiat ice cube melting, it would be wise to conceptualize that, until the ice is fully melted, the water feels cold.
Many believe that they are keeping themselves safe by investing their money into various assets, such as equities and real estate.
I wager that if they simply witnessed the shifting sands beneath their castle, they would immediately retract their feeling of freedom and ability.
The only way to assuredly be rich, to enable one’s freedom and ability to do as one pleases, is to have an immutable noncontrolled computer program as the basis of their money.
Inflationary monetary keeps rich people happy, but only in the same sense that alcohol keeps a college student with a paper due that night happy.