Not sure I’ve heard that fully, but makes sense. I’ve always felt it was a 20-80 to 80-20 switch via phase transition type event
Discussion
I still try to orange pill my friends, but I’m shouting into the void. None of them are mentally ready.
In the new Bitcoin economy, we want economically conservative, free thinking, intelligent individuals managing capital. His argument was getting boomers who don’t understand Bitcoin to buy coins is almost counterproductive to that goal. People who get it will accumulate coins, people who don’t get it yet shouldn’t.
Obviously I wish everyone got it, but things take time. No need to force pill, just stack cheap sats yourself!
Good perspective. As it’s been said, you’ll buy Bitcoin at the price you deserve.