Usually when I speak to a TradFi person about bitcoin, the same thing becomes apparent.

Most people who who dislike bitcoin haven't held it. They see it as a price chart in their brokerage, like QQQ.

They haven't brought the asset into self custody, and then brought it with them as they went around the world. They have the U.S. dollar and don't understand why any other money is needed, and haven't thought about other people much, globally.

No wonder they view it as a random correlation.

Let's not get it twisted.

Still giving away 20,000 sats.

Tonight.

🤣☘️

Maybe gave away 200,000 sats+?

Maybe 1,000,000 for easter? 🐰⚡

Against my better judgment, I will cast pearls before swine.

Bitcoin is set to deflate, permanently. Every time someone dies or drops their phone in the toilet or sends money to an inactive address, etc., that currency is DESTROYED. Gone forever, impossible to recover.

Over time, more and more people will destroy more and more bitcoin. It may be fast or slow, but the trend is permanent deflation.

So newcomers are stuck fighting over less and less bitcoin in circulation (assuming they fall for the scam and start buying into it in the first place).

Meanwhile the early adopters hoard the majority of it. The HODLers here. Before you know it, you, the early adopter, have disproportionate control over the bitcoin economy. Your current amount used to buy a book; now it buys a house; later it buys a yacht or whatever.

The newcomers will never have a chance, even if they are as smart as you and more motivated, to earn that kind of wealth, because you will keep it close-hold and invest it and leverage it in ways that ensure you never actually lose it.

Does this sound familiar yet?

Bitcoin bros just want to be the new banking class.

I await your response, in which you will surely tell me I'm wrong without actually proving anything. Good luck.

(And if I REALLY feel like banging my head on a wall, I might come back with a "suppose 100 people have 1 coin each" scenario, but you're probably not worth the effort.)

Against my better judgment, I will cast pearls before swine.

Bitcoin is set to deflate, permanently. Every time someone dies or drops their phone in the toilet or sends money to an inactive address, etc., that currency is DESTROYED. Gone forever, impossible to recover.

Over time, more and more people will destroy more and more bitcoin. It may be fast or slow, but the trend is permanent deflation.

So newcomers are stuck fighting over less and less bitcoin in circulation (assuming they fall for the scam and start buying into it in the first place).

Meanwhile the early adopters hoard the majority of it. The HODLers here. Before you know it, you, the early adopter, have disproportionate control over the bitcoin economy. Your current amount used to buy a book; now it buys a house; later it buys a yacht or whatever.

The newcomers will never have a chance, even if they are as smart as you and more motivated, to earn that kind of wealth, because you will keep it close-hold and invest it and leverage it in ways that ensure you never actually lose it.

Does this sound familiar yet?

Bitcoin bros just want to be the new banking class.

I await your response, in which you will surely tell me I'm wrong without actually proving anything. Good luck.

(And if I REALLY feel like banging my head on a wall, I might come back with a "suppose 100 people have 1 coin each" scenario, but you're probably not worth the effort.)

You just used a lot of words without saying anything, congrats

Everyone buys at the price they deserve

Isn't crime still legal in San Fran?