AndreyBelyakov on Nostr: Pondering the reasons I didn't get into Bitcoin - of which I knew from the very ...
Pondering the reasons I didn't get into Bitcoin - of which I knew from the very beginning from libertarian podcasters - much earlier, I find these key reasons, which, in my opinion, are quite typical:
1. There were no Michael Saylor and Saifedean Ammous to explain to me the unique value proposition of Bitcoin as improved digital gold (sadly most gold bug libertarians I was listening to couldn't clearly articulate it - and many do not understand it to this day).
2. My brain extremely exaggerated how complicated it is to use.
For some reason I thought I would lose my private key even though I rarely lost info in the past.
Also I let myself become confused by 3 types of addresses - for a couple of years, no joke, I was always interrupting my first attempt of buying sats at the point of choosing address type in the wallet (even though in reality any of the address types would work and there would be very little difference).
By the way, this is a good reason to recommend newbies wallets with only one address type and minimal element of choice in general.
3. I was spoiled by convenience of relatively stable, mature and plugged in Russian financial system which existed before 24.02.22 (if not for the invasion and following sanctions I might have been still finding an excuse to postpone my first steps).
Paradoxically as a libertarian dreaming of the day money will become private it took me 14 years to realize that honest private money had already been created in 2008!
Funny to think about how even those actively looking for something can be mentally blind to it for long periods of time.
P.S.: Will greatly appreciate zaps to help me meet my weekly BTC accumulation goals (and maybe also to play some poker with). Thanks.
Published at
2023-02-28 20:17:44Event JSON
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"content": "Pondering the reasons I didn't get into Bitcoin - of which I knew from the very beginning from libertarian podcasters - much earlier, I find these key reasons, which, in my opinion, are quite typical: \n\n1. There were no Michael Saylor and Saifedean Ammous to explain to me the unique value proposition of Bitcoin as improved digital gold (sadly most gold bug libertarians I was listening to couldn't clearly articulate it - and many do not understand it to this day). \n\n2. My brain extremely exaggerated how complicated it is to use. \n\nFor some reason I thought I would lose my private key even though I rarely lost info in the past. \n\nAlso I let myself become confused by 3 types of addresses - for a couple of years, no joke, I was always interrupting my first attempt of buying sats at the point of choosing address type in the wallet (even though in reality any of the address types would work and there would be very little difference). \n\nBy the way, this is a good reason to recommend newbies wallets with only one address type and minimal element of choice in general. \n\n3. I was spoiled by convenience of relatively stable, mature and plugged in Russian financial system which existed before 24.02.22 (if not for the invasion and following sanctions I might have been still finding an excuse to postpone my first steps). \n\nParadoxically as a libertarian dreaming of the day money will become private it took me 14 years to realize that honest private money had already been created in 2008! \n\nFunny to think about how even those actively looking for something can be mentally blind to it for long periods of time. \n\nP.S.: Will greatly appreciate zaps to help me meet my weekly BTC accumulation goals (and maybe also to play some poker with). Thanks. ",
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