Sure there’s levels to knowing. Have you pondered much around the idea that it takes a certain IQ to comprehend the game theory and tech and monetary aspects of Bitcoin and that maybe adoption is more limited by total # of smart people?
I think this trend is countered by the fact that smart people can earn more and plow more value into Bitcoin over time.
I fear that most people don’t know and will never know (unless really really smart people can dumb it down much much more)
I actually believe it’s far more about curiosity and an ability to admit where you were once wrong than smarts. There is an extremely large audience of “smart” people making models and doing mental gymnastics to reinforce their “beliefs” about the world they live in while bitcoin is imposing new reality on their beliefs.
The midcurve meme prevails again.
I think those traits are necessary for sure in addition to the aforementioned intelligence.
Some people overthink why Bitcoin might fail instead of thinking why it may succeed.
the Tao Te Ching describes a lot of these cognitive dark patterns in several of its chapters
You nailed it Jeff , this has nothing to do IQ. It has everything to do with curiosity and unfortunately the “education system “ has made the majority of people lost their curiosity. Issac Newton curiosity led to observation, testing and verification (gravitational theory) which changed the world.
It was not science per se , but his willingness to stay , curious and observe , test and verify.
Fortunately BITCOIN allows everyone who remains curious to do the same without being a scientist (OBSERVE , TEST and VERIFY) for yourself.
I dont think it's about the IQ. People vary on the scale but we're all pretty similar, disregarding age, skin color etc. I think it's more about having a certain amount of disposable income, life circumstances and experience that shape your understanding of value, assets etc.
The difference between 130 iq and 80 iq is very very wide.
If you’re smart it’s really hard to grok how dumb dumb people are.
