Me: "If you believe that the wheel is a great and lasting technology that generally cannot be improved upon, what percentage of automobiles should you use wheels on?"

Normies (back in the day): "I don't know. I believe it's good technology, but it seems risky to do something different than the current status quo. Maybe 1%? ... 2%? ... 5%? ... up to10% of them? What's the answer?"

Me: "All of them, obviously."

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Me: "If you believe that electricity is a great and lasting technology that generally cannot be improved upon, what percentage of homes should be electrified?"

Normies (back in the day): "I don't know. I believe it's good technology, but it seems risky to do something different than the current status quo. Maybe 1%? ... 2%? ... 5%? ... up to10% of them? What's the answer?"

Me: "All of them, obviously."

----

Me: "If you believe that #Bitcoin is a great and lasting technology that generally cannot be improved upon, what percentage of your savings should be in bitcoin?

Normies (today): "I don't know. I believe it's good technology, but it seems risky to do something different than the current status quo. Maybe 1%? ... 2%? ... 5%? ... up to10% of my savings? What's the answer?"

Me: "____________________."

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Discussion

All in obviously:))

This is great, will use it starting today with my current normies.

Imo though you should stick to the classic 60/40 ratio: 60% bonds (corn in cold storage) and 40% equities (investments on top of it e.g. MSTR, Metaplanet, etc).

What do you think fellow nostriches?

nostr:note1d0yj3xm0zh8rtuqq4uegz35ak6692g60wuzga37pf33vmna7vxgqn4us35

People haven’t figured out that Bitcoin is a great and lasting technology that can’t be improved upon, yet.

Unfortunately, NgU is generally the best foot in the door for normies.

If you believe that Bitcoin will continue to go up in dollars more than other investment choices, what percent should you allocate?

All of it.

I like to make my all-in obscene.

“One triple maxi, please, with all the fixin’s”

The answer maybe all of it, but you have to appreciate it takes time for people to get there. And where there is luck, is the price you make your first purchase. Some unfortunate person could read this at the top this year and put all their money in. If we then have an 80% drawdown they will likely very not survive. If someone went all in after FTX blow up, then yeah, great. Let's have some more education about individual investment choices and risk management as well as bitcoin. We want those who make the move into bitcoin to be here for the long term

5%? :). Just enough to stay solvent incase of some downward volatility:)

#bitcoin is a true risk OFF asset, the higher allocation, the higher preservation of purchasing power over extended duration

So good.

very true!