The biggest financial risk is not owning #Bitcoin at all.
Discussion
At least I have Satoshi. 🐝
It might be owing a Bitcoin derivative and naively thinking that your protected
This is what is so mind-boggling about nocoiners. I do understand why many people won't want to put their entire life savings into bitcoin like the psychopath maximalists...
But why not get 'some'... just in case it catches on???
They’re not willing to put in the time to understand it.
I don’t think that’s it. It’s too simple, not really a lot of time needed to understand it. Only two concepts. What is money and why is #Bitcoin immutable. I think we are rather dealing with massive cognitive dissonance induced by brainwashing and human nature. Humans are lazy, selfish creatures of habit. Bitcoin‘s avenue to mass adoption is through greed. Due to its exponential increase in purchasing power the earlier one adopts it. Once it’s money, our values and civilization will improve.
Yeah I posted about this a few days ago too
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Even good friends whom I have spoken about Bitcoin a few times and seem to ‘get it’… but still never make the jump to grab at least a few sats just in case.
It’s becoming so predictable. People I know I told about bitcoin multiple times in the past reappear and tell me they’ve never thought about it since. One friend I hadn’t seen in a long time messaged me to tell me he had lost his job and didn’t have any savings (retirement or otherwise) and wanted advice. I went back into our old messages and there it was.
We never had that whole conversation afterward.
I remember andrey jikh saying something along thoses line on logan paul's podcast a while back.
Still, he doesn't seem to be a bitcoiner, even tho he understands it.