MacroView on Nostr: Intellectuals can’t grasp the idea of Bitcoin. There is a direct relationship ...
Intellectuals can’t grasp the idea of Bitcoin.
There is a direct relationship between years in school learning financial matters and level of vehement rejection of this asset.
Although not true across the board, many individuals seem to not grasp, introduction to finance 101 and introduction to economics 101.
No intermediaries with self custody is foreign to them.
The value proposition of self custody cannot be grasped.
Supply and demand concepts, Bitcoin hard cap, block rewards/transaction fees, importance of proof of work mining, are beyond reach for their PhD’s.
Keep it simple…….
Only #Bitcoin in self custody is all that is needed.
Published at
2023-05-13 21:05:43Event JSON
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"content": "Intellectuals can’t grasp the idea of Bitcoin. \n\nThere is a direct relationship between years in school learning financial matters and level of vehement rejection of this asset.\n\nAlthough not true across the board, many individuals seem to not grasp, introduction to finance 101 and introduction to economics 101.\n\nNo intermediaries with self custody is foreign to them. \n\nThe value proposition of self custody cannot be grasped. \n\nSupply and demand concepts, Bitcoin hard cap, block rewards/transaction fees, importance of proof of work mining, are beyond reach for their PhD’s. \n\nKeep it simple…….\nOnly #Bitcoin in self custody is all that is needed.",
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}