Nostr

Manifest Bitcoin? What does that even mean 😂

In my life I personally know 10 people who own Bitcoin (4 of them self custody). Everyone who owns Bitcoin or paper Bitcoin has potential to be swayed by politicians pandering to them. I think that’s what you’re not understanding.

Many millions of US voting age people have some exposure to Bitcoin. It doesn’t matter if they’re larping, they still want to make money. Politicians have realized this and are using the right words to sway them. It’s not rocket science. Just politics. I remain unaffected.

rev.hodl 1y ago

Permanent money; permanent culture.

If you only know 10 people who own Bitcoin, doesn't this disprove anecdotally for you that 20 percent of Americans own Bitcoin? Those numbers are bullshit.

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Discussion

jgbtc 1y ago

I watched a street performer a couple days ago and at the end when he did the usual spiel asking for donations I was pleasantly surprised he accepted bitcoin (bitcoin specifically, not crypto). Of course he got some sats from me. I know it's just one little anecdote but it gives me hope that adoption is slowly happening.

BTC_P2P 1y ago

Adoption is definitely happening. When I got into Bitcoin in 2019 I knew zero people who knew about Bitcoin. Now I know 10. So much has changed in those 5 years. The next 5 I think will be more substantial for adoption, probably by a large margin.

rev.hodl 1y ago

That's a Bitcoiner right there

BTC_P2P 1y ago

Ten people is a lot of people in a small circle. I’d say I maybe know 50 people total that I talk to on a semi-regular basis. So 10/50 = .2 aka 20% 😂😂

I wouldn’t guess 20% of Americans own Bitcoin personally but 5% is probably the lower bound. Wouldn’t be surprised if it was more though.

10k is a terrible and demonstrably poor guess though. Three orders of magnitude off.

You’re not addressing the reality that it doesn’t matter if someone has a .01 Bitcoin balance in their cash app, the politicians play a numbers game. There are millions of those cashapp guys out there and the politicians want to promise them bullshit to get their votes. This is so simple not sure why you’re having such a hard time.

rev.hodl 1y ago

In my opinion, someone who just owns Bitcoin isn't a bitcoiner. There are less than 100k Bitcoiners in the USA, by my anecdotal experience.

I saw that troy cross survey that suggested that all kinds of people own Bitcoin but I think if he surveyed those participating in the culture of Bitcoin then he would find much more narrow results.

However, I do agree that more people are aware of Bitcoin and have Bitcoin than ever. I give tours of my homestead in which I talk a lot about Bitcoin, and in the past most people had no clue about Bitcoin. If they knew about Bitcoin all they knew was fud. Now, most people know about Bitcoin and have some or had some at one point. They still have no idea what to do with it or how to use it. They just hold on the exchange and are waiting to "take profits".