What I don’t understand is why most wealthy people don’t have a stack. It’s a small allocation of their portfolio and why wouldn’t you put your hat in the ring. It’s obvious many don’t as we can still buy it and it’s only 30k a coin. 21/♾️

Reply to this note

Please Login to reply.

Discussion

It takes a long time to understand ₿itcoin for everyone. It will happen.

Cognitive bias. They feel like they’ve already made it in the fiat system, so why bother to learn something that challenges their established ideas?

Wouldn’t that make it more mind blowing?

Apparently not?

Shades of Typewriter --> PC .... With a dash of ...'If it goes on a wild run, I have outsized leverage...I'll figure it out.'

You're assuming that they're buying a lot. They might just hold one single Bitcoin.

Rich people don’t buy things in ones. 😂

Truth. Just a theory.