Do OG Bitcoiners (lets say 2+ cycles) forget what it's like for people that have an uncertain future when they no longer have to worry about money? There seems to be a overly confident demeanor from them. "You'll be rich someday don't worry" etc.

Like dude, you probably have at least 20 bitcoin already or the ability to buy at least that if you liquidated your excess property etc.

Bitcoin going from $1000 to $70K and you losing some of it along the way is different than someone sinking their life savings into something and hoping they're right for the first time in their financial life. The world will need to be completely flipped on its head and Bitcoin will need to overtake the entire financial regime and if so the newcomers may have the hope that they can retire in a decade.

I'm not saying that one path is easier or harder than another looking back once you're already there, but the new people had to put in WAY more years worth of value into Bitcoin and still take a 80% downtrend and have zero chance of ever seeing the types of gains that the OGs have and will see.

Don't diminish where others are at. The struggles of each epoch of bitcoiners will differ slightly.

Reply to this note

Please Login to reply.

Discussion

No replies yet.