I feel you bro, but I'd rather not help people buy who don't understand the basic principles of what we're doing.
It's a waste of our time 🥵.
Discussion
You’re not wrong, it is a waste of time. I just care about a lot of these people. They’re actually good people, they’re just retarded and lazy lol
My .02, if you care about them & are going to continue to try just show them different angles of the same truth instead of catering to their narrative.
I've broken through multiple people this way.
You never know what angle will help someone.
But price talk will always lead to mental health issues for your friend.
What are some of those other angles you’ve tried?
Hard money era descriptions.
Gold comparisons.
Halving chart with price next to it & explain what it means.
Forcing the issue on the definition of inflation...so they bring it up referring to prices & you just bang on the head that's not what inflation is - just the result of inflating the money supply...this is why I hold Bitcoins.
I then drop a chart showing the BTC price before the major money printing.
I show them the price of Bitcoin in ounces of gold.
I show them the cape shiller chart & show how scary it is to hold stocks.
I show them the gold chart & ask them if having low upside is tenable.
I tell them taking calculated risks when you're young is important.
I bring up electric use and how the largest users of electricity on the planet are the most successful & Bitcoin continues to be provided a ton of electricity & growing.
I tell them it's the greenest money / technology on earth & explain why.
I explain to them they can carry their entire wealth in 12 words if they need to...this works very well with the Jewish community because they grew up on first hand accounts of complete wealth confiscation - diamonds/gold up butthole stories.
I show them how inflation affects all the countries in the world even if in the west they feel relatively okay.
Can they reasonably expect people to not adopt Bitcoin as a savings tool at the very least?
I give them scenarios and ask them if their current paradigm protects them from these plausible outcomes.
If they choose gold I say at least you're on the right track - but it's a shame you have little upside with gold having been captured.
I then show them Bitcoin is the only scarce thing on the planet.
This last one is more of a "show me one thing on the planet has absolute scarcity outside of Bitcoin"
Great ideas! I definitely have shown them a lot of the stats on price inflation. The wtf happened in 1971 website was helpful for me. A lot of them still don’t take it seriously though. You’re probably right it’s mostly a waste of time but I can’t help but try anyway.
I also don't use any Bitcoin related sources until they're in.
Always use the brands that they're familiar with.
For example this website is super neutral.
The cape shiller is probably my most effective tool in helping them worry about their stonks.
Stocks are so cucked lmao all the P/E ratios and valuation metrics don’t work anymore because of fiat money printing. Everything is overvalued!