Laeserin on Nostr: Marketing #Bitcoin to the masses has become an ETF strategy and price is a part of ...
Marketing #Bitcoin to the masses has become an ETF strategy and price is a part of that. You probably can't afford a whole Bitcoin, but now you can buy part of a Bitcoin ETF, and you can DCA Bitcoin, that way.
People are used to that strategy, as they use it for stocks. Most people don't realize that every person can buy parts of a Bitcoin, that's why it's assumed that Bitcoiners all drive Lambos to their mansions.
I don't know why we only quote whole coins. I'm not going to spend a whole coin at the grocery store. Useless denomination.
Yeah, I still don't see the ability to purchase small amounts being mentioned widely. Everyone just talks about the price of an entire Bitcoin, even on here.
"One Bitcoin will now cost you over €50k and the number is only going to go up from there!" sounds like a reason to buy some... if you're already rich. Like hearing that houses in Malibu and Ferraris rose in price.
Like, why should I care? 😂
Published at
2024-09-02 13:16:31Event JSON
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