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Replying to Avatar Jack Spirko

People say they won't buy bitcoin because they don't understand it. 🙄

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 💰

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twentyone 2y ago

Ignorance is bliss

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