No a single of these people though about creating value by converting their inherited wealth to bitcoin. Think what they can do for the poor they claim should be helped after 10-15 years.
Such a total lack of vision.
Discussion
Wanna know a secret?
... they don't really care🤫.
One of those is my sister. I am well aware.
Can I ask you a question?
Be my guest.
Would you consider your sister a "good" person?
No. She was ruined at Yale.
Well, that sucks. So, she's just another spoiled rich yuppie?
Not rich. She rejected the money like the women in the story. She is going to help the poor through her work with the California Dept of Housing somehow. And overturn capitalism is she can.
How does that make her a bad person, though🤔? Unless, she's just doing this for her own publicity?
She was already a bad person for burning down her relationships with anyone who disagrees with her.
The way she rejected the money was to suggest the family was made up of criminals and to shut out anyone who didn't agree with her.
Max-normie mentality
Interesting. Do you think this is normie behavior?
In a way, yes. The inability to diverge from current strongly-held beliefs and accept opposing fact-based opinions is a strong indication of groupthink. Even worse, when you would rather destroy relationships over it – which also shows the level of severity of your sister's groupthink mentality. This is why I don't vote, or take what politicians and corporate leaders claim to believe in, seriously. It's also why I don't follow any religious beliefs (which still causes some minor issues to this day), just my own personal moral code, that almost all max-normies disagree with.
Goodnight. Keep stacking.
I'm asking because this topic is a bit more intricate than most ever realize.
What do you mean?
I'm speaking from an impartial perspective when I say this, but it can be too easy to view people who have more wealth than you as "bad" people. Some do have legitimately good intentions, but may feel as if it's pointless to try and help others due to certain obvious historically-based reasons. If someone were to give away their wealth to those less fortunate, what guarantee can they have that their wealth will be used productively? People of all financial backgrounds are notoriously unreliable when it comes to personal finance.
All I know is that she's a broken liberal who believes all wealth creation is the result of white colonialism. She isn't wrong about some things, although she has no clue how money creation makes people poor. We've had the benefit high IQ family members who know how to make cash flow their direction.
But all of them are clueless about bitcoin. I am currently schooling them.
She may never figure any of this out, but somehow she will feel more righteous for her socialist stands (and yes, she's also gay, which is relevant to the article).
Oh, I see. Well, what a ridiculous belief🙄. She just has a severe lack of understanding on how valuation is made with the use of fiat currencies. FYI, I find IQs to be a pointless measurement of overall intelligence.
Well, good luck.
🙄😮💨
I was really referring to financial IQ. Fortunately, she is not my problem. It's just that we have a society full of socialist leaning people. It's more obnoxious when they actually have the resources to take action but would rather reject it and steal other people's resources to fund their schemes.
They've been brainwashed for a decade by the msm that bitcoin is for criminals, to volatile, and not safe. It was brave souls that ventured into this space before Wall Street showed up. Now it's sad to watch TradFi end run the normies on this asymmetric bet. But to your point, why not dabble your toe in with 1% of your portfolio?
I completely agree. It's very sad. You'd think watching TradFi go rushing to bitcoin would break through the normie fog, but they have unit bias and think it's out of reach. They will get stuck with a CBDC.
For the people in the article, you're right. There's nothing to lose with putting 1%, and it will likely make up for the failure of the other 99% of your portfolio.