Replying to Avatar Fiat Shenanigans 🤡🌎

My friend won't buy Bitcoin because he thinks it's unfair that some people bought it early and have already profited massively from it.

This is obviously flawed thinking and it shouldn't matter to you what price somebody else bought it at. But I haven't turned this into a coherent argument.

10k sat zap to the best argument against this mentality. Go!
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Noerms 2y ago

People who baught #Bitcoin early had a much higher risk!

- shady exchanges

- completely new threats by self custody

- and not to forget the risk of the whole project to fail

Your friend can’t compare his opportunity now to buy btc at 30k when it is well established and much more secure, with the opportunities at 10k or below.

The price itself is the argument because it mirrors the degree of adoption.

You don’t just pay more than ppl some years ago. You buy knowledge, experience, trust und peace of mind with the „premium“ that those ppl simply didn’t have. Thuss they are rewarded with a higher benefit for higher risk.

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