Subnostr

People didn't want Bitcoin at $.01

They didn't want it at $.10, $1, $10, $100, $1000, $10000, and plenty of people still don't want it at $70000.

Ethereum is only $4000. People don't want it even more.

Because they don't understand any of it. That's natural. You cannot blame people for not understanding emergent technologies. You can't expect to "convert" people into "believers". That is called a cult. Nobody wants a "cult of Bitcoiners" any more than they want a "cult of personality" or a religious cult.

People want to understand where Bitcoin fits into their lives. If you are not willing to approach people in an optimistic and curious manner, then you are not spreading the joy of Bitcoin. You are harassing people.

If you are not willing to accept that Bitcoin is not for everyone, then you are harassing people. Wanting 8 billion Bitcoiners is too many. Not everyone uses cash. The number of people living "totally off-the-grid" may be small, but they exist. Don't disrespect them by assuming they want to partake in your orange-pill internet funny money.

You have to be willing to be selfless. You have to have humility. You have to admit when you don't understand, or when you are wrong.

The underlying technology of YOU, as an INVESTOR, is PRIVATE OWNERSHIP. That is where your semblance with Bitcoin exists.

Therefore it is not the Bitcoin you hold today that matters. It is the Bitcoin you accumulate over the long term. It is the Bitcoin you are able to pass on to others. It is the PEOPLE you pass that Bitcoin to. If you are not investing with a strategy, then you are lost. Keep searching.

The questions you should be asking are:

"What percentage of my portfolio is comprised of Bitcoin, and why?"

"Is that percentage of my portfolio growing or shrinking in value?"

"What is my risk tolerance and exposure?"

"What would happen to my portfolio if everyone jumped ship tomorrow?"

and my favorite,

"What would the world look like if it did not depend on money?"

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Discussion

₱ⱤØⱠł₣ł₵ JØł₦₮Ⱬ 1y ago

Investing is a gamble some people are not will to take ... Orange pillers are the new drug dealers selling a slave mindset . Understanding the game gives you an edge and always keeps you on your toes ready for action ... but on the other side you get comfortable with losses which is dangerous... or the famous one don't risk what you can't lose 🤣

Well said tho 🫂

Deleted Account 1y ago

If you don’t invest at all and save all your USD in a bank, you are the biggest sucker. In this fiat world you need to invest just to keep up with inflation. There is no other choice.

Tekkadan, ゲロゲロ! 🐸 1y ago

Those who do buy Bitcoin set an example for those who do not. It is not merely a financial position. It's also a philosophical position, and a political position, and a technical position.

Those who hold Bitcoin should not be concerned with what others do with their money. Their own actions should speak loud and their rewards will always speak louder.

What no-coiners are seeing is fanaticism and fear. No matter how stable the underlying technology, markets are driven by sentiment.

This is not a fault of Bitcoin, it is a fault of people, or of investors. It's a fault of governments and education. It's a fault caused by greed of the past. It can be corrected.