The poors have huge egos like what they do matters to bitcoin. But it couldn’t be further from the truth. We just needed to get the rich ppl with actual wealth to protect to get it. That’s happening rn. It doesn’t take many rich ppl to move the price given how much social inequality already exists after all this money printing. 1 billionaire adopting bitcoin is more material than a billion broke ppl with nothing to save.
Discussion
There aren’t many wolves and sharks in the world, it’s mostly sheep
Normies will continue to miss out on bitcoin, bc it’s not “fair” that others bought in cheaper than them. But the rich know there is no such thing as fair, that is a socialist utopian ideal
Most of the normies that had any hope to make it got flushed out in the Celsius / ftx frauds and are all in their feels about thinking it’s all a scam since they did not have the foresight to self custody. Now that ETFs exist, regardless of what the orange pillers parrot, this is no longer needed. They can just let the experts handle it like anything else. So the Wall Street suits showing up in 2024 actually have a big advantage over the class of 2021 normies bc they don’t have that baggage to overcome
Saylor is right about orange pillers taking on too many fights and it distracting from the main point, to have the best form of capital that exists. Diplomacy is needed, it’s probably time to grow up and stop shooting ourselves in the foot every chance we get. It probably doesn’t matter anymore anyways, the torch has been passed. I know that I never have to ever explain bitcoin again, Wall Street is on it now. It’s in their financial interests to do so. The positive feedback loop works for all Bitcoiners, even the “enemies”
Only ever got my dad and one of my best friends to achieve wholecoiner+ status. A couple people texted me recently asking about Bitcoin and I just told them I lost it all on BlockFi and that I’m not into it anymore :/
NGU and ETF should bring more normies 🤙🏽