Family is tricky. Would definitely encourage a small allocation to start with. The way things are looking I think almost all of 2024 will be good for accumulation. I regret getting caught up in my initial excitement for bitcoin and building my position too quickly. Left a lot of sats on the table. At least it’s not a bull market.
My husband basically orange-pilled his extended family this week while on vacation at the Red Sea.
They went from barely knowing what a bitcoin is to wanting to allocate a nontrivial amount of their savings to it. I was more of the conservative one because I don’t want to cause people to allocate beyond their level of understanding.
I have a much lower charisma score than him, so I just kind of watched it happen, and then pulled out a nostr:npub1az9xj85cmxv8e9j9y80lvqp97crsqdu2fpu3srwthd99qfu9qsgstam8y8 satscard and explained how it works for some physical flair.
They like the orange coin now. Having your national currency get cut in half relative the dollar in 2016, and then having it happen again in 2022, tends to make one more receptive to monetary alternatives.
Discussion
The cost of tuition. Don’t feel bad some of the smartest people did the same thing. Humans being human🤝