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Replying to Avatar Zach⚡️

It's laughable how little most people understand about money, finance, debt, opportunity cost, and markets.

It's also laughable how little most people still know about crypto. Outside of Bitcoiners, most couldn't tell you the first thing about how their favorite shitcoin works. Even simple questions like total supply and block times will be met with a blank stare.

This is nothing to be upset about. That's our edge. That's why Bitcoin isn't 10 million dollars. From an altruistic perspective I might want people I like to get it, but outside of that, they'll get the price they deserve.

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mango 11mo ago

Most normies who invest in larger crypto coins and tokens rely on the assumption that it’s ‘definitely legit’ because so many others are investing in it. This is probably the usual path until they ‘discover‘ Bitcoin only.

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Zach⚡️ 11mo ago

Herd mentality. Many such cases. For better or worse that's why the government plays a role in our progress.

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