For the first time friends have asked me to teach them how to buy Bitcoin.

It happened after we were having a conversation about it and they were bringing the usual FUD: governments won’t allow it, volatility, you can’t pay most things with it. Instead of my usual unspoken GFY/HFSP attitude I actually addressed some of their arguments:

- I don’t need to convince anyone, really

- nobody is using stocks, ETFs, real estate, as a cash to buy everyday items but people seem to be pretty happy storing value on those

- US fed gov, Texas gov, and Florida government have created Bitcoin reserves (or are in the process of)

- people use the worst money and not one that holds and appreciates for every day transactions

- even so, more money they could even imagine in their lives (measured in ice cream money) move every single day on the Bitcoin blockchain

- they shouldn’t buy Bitcoin with money they would need in the short term (capital gains tax, volatility)

That seemed to do it 😌 did I miss anything?