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Replying to Avatar Jack Spirko

People say they won't buy bitcoin because they don't understand it. πŸ™„

But none of them can explain the fractional reserve monetary system that creates dollars. 🀷

None of them can explain how the mutual funds in their 401Ks work that hold their entire retirement in them. 🀷

None of them can explain the social security system they are counting on "one day" that takes 14% of their income their entire lives. 🀷

Most of them have no idea the root of the word mortgage is "mort" (death) and "gage" (grip). 🀷

None of them can explain how the credit card networks they use daily work. 🀷

None of them understand what inflation really is and how it literally takes away 100% of a person's productive life over 100 years. 🀷

Thing is they could understand all these things, and if they did so the first thing they would start doing is buying #Bitcoin πŸ’°

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Firby13 2y ago

I get these same exact arguments from almost every one.

Have one kid at work though, that bought at 6k and put himself through two years of school including living expenses. Sold well before the top and still is around .75 of a Btc.

He gets it, so I have at least one person around me…

DCA every two weeks etc.

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