Explaining Saylor and MSTR to a 4th grader

https://m.primal.net/MiJl.mov

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Interesting

He looks a little old to be in 4th grade.

that is all he is doing indeed 🀝

Ummm but but he doesn’t have the keys . Please make this stop πŸ˜‚

This is why I love nostr:npub1cn4t4cd78nm900qc2hhqte5aa8c9njm6qkfzw95tszufwcwtcnsq7g3vle, because I AM that 4th grader, and he ALWAYS explains these things in a way I can understand!

Thanks Jack!

Yep. When my daughter was much younger than a 4th grader, it was hard for her to understand monetary value, so I explained it using bananas, which get spotty and then rot in real life, and fictitious "super bananas" which only get better and more delicious with time.

I told her that, for this analogy, bananas = fiat, and super bananas = Bitcoin.

Me: "How many super bananas would you want?"

Her: "As many as I can get!"

Me: "Great! When would you ever eat (spend) them?"

Her: "πŸ€” Only when I REALLY need to."

Me: "Good. How many rotten bananas can I give you for 1 super banana?"

Her: "πŸ€” Infinite...? No, wait! There's no amount you could ever give me!"

And that was when I knew that she understood Bitcoin.

Beautiful anecdote!

Thanks for adding this live rip to the podcast rss feed!

Best laugh of the morning, ty

That's funny 😁