normies are unimpressed because they’ve only seen money as one way..the dollar, boom and bust cycles, money creation through credit, inflation being ‘good and needed for GDP growth’ etc etc

All the Keynesian talking points

They think it’s the only way

They’ll never get bitcoin

You *MUST* ask deeper questions before you can even begin to approach bitcoin

Let alone Nostr

She’s a long ways out

Reply to this note

Please Login to reply.

Discussion

Agree. I need to believe that everyone *can* get bitcoin though. I appreciate she may not yet do so, because living in a fairly free, fairly safe country with (until now) relatively low inflation, she doesn't yet think she needs it. Also I need to take a step back as I clearly come in too strong!

EVERYONE AROUND ME IRL will not and cannot get bitcoin yet

I am a tiny island in a sea of fiat consumerism

You know who gets bitcoin immediately?

Venezuelans

Argentinians

Lebanese

Nigerians

Who else is experiencing hyperinflation?

America will, eventually

Every fiat currency in human history has eventually gone to zero

and 99.9% of Americans would insist it’ll never happen to them, i promise you

Very good point. I'm from Zimbabwe originally and I always wondered if this was one of the reasons bitcoin really grabbed me.

I suspect yes

Zimbabwe has legendary stories about hyperinflation

If I may ask, did you experience that in your real life?

We did, but not to the insane extent that some did. When we left, it was already more or less impossible to get money out (so we did what a lot of families did - sold our house, bought the most expensive car we could, and drive it over the border). We then drove across South Africa, sailed to the UK with the car in a container, and sold it when we got there.

I keep these on my wall - a 2 dollar note I got when I lost a tooth as a kid, and a note from just a few years later when the currency had collapsed....

Wow

Oh my God

What a story

Most ppl around the world can’t begin to think this could ever happen to them, they think they’re immune from this

Moving your entire life, uprooting your family, basically escaping!

Thank you for sharing this 💜🙏

Thanks! Weird to think about now. Funny thing is, I adored Zim and I still miss it now, all these years later. I suppose main takeaway is - don't think it can't happen to you. I believe currency collapse could happen anywhere.

💯

Awful story - thanks for flagging. Afraid this is just another case of a government punishing its own citizens. But Nigeria is full of smart people - am sure that as many as possible are buying bitcoin and protecting themselves as far as they can. Doesn't change government incompetence, sadly....

I’m grateful for the existence of #bitcoin and #nostr

One simply needs a smartphone to transact value peer to peer, and communicate peer to peer

Tyrannical government cannot stop it