People say they won't buy bitcoin because they don't understand it. π
But none of them can explain the fractional reserve monetary system that creates dollars. π€·
None of them can explain how the mutual funds in their 401Ks work that hold their entire retirement in them. π€·
None of them can explain the social security system they are counting on "one day" that takes 14% of their income their entire lives. π€·
Most of them have no idea the root of the word mortgage is "mort" (death) and "gage" (grip). π€·
None of them can explain how the credit card networks they use daily work. π€·
None of them understand what inflation really is and how it literally takes away 100% of a person's productive life over 100 years. π€·
Thing is they could understand all these things, and if they did so the first thing they would start doing is buying #Bitcoin π°