People say they won't buy bitcoin because they don't understand it. 🙄
But none of them can explain the fractional reserve monetary system that creates dollars. 🤷
None of them can explain how the mutual funds in their 401Ks work that hold their entire retirement in them. 🤷
None of them can explain the social security system they are counting on "one day" that takes 14% of their income their entire lives. 🤷
Most of them have no idea the root of the word mortgage is "mort" (death) and "gage" (grip). 🤷
None of them can explain how the credit card networks they use daily work. 🤷
None of them understand what inflation really is and how it literally takes away 100% of a person's productive life over 100 years. 🤷
Thing is they could understand all these things, and if they did so the first thing they would start doing is buying #Bitcoin 💰
jackspirko / Jack Spirko
npub158…5kv0n
2023-07-02 14:08:27
Author Public Key
npub15879mltlln6k8jy32k6xvagmtqx3zhsndchcey8gjyectwldk88sq5kv0nPublished at
2023-07-02 14:08:27Event JSON
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"content": "People say they won't buy bitcoin because they don't understand it. 🙄\n\nBut none of them can explain the fractional reserve monetary system that creates dollars. 🤷 \n\nNone of them can explain how the mutual funds in their 401Ks work that hold their entire retirement in them. 🤷 \n\nNone of them can explain the social security system they are counting on \"one day\" that takes 14% of their income their entire lives. 🤷 \n\nMost of them have no idea the root of the word mortgage is \"mort\" (death) and \"gage\" (grip). 🤷 \n\nNone of them can explain how the credit card networks they use daily work. 🤷 \n\nNone of them understand what inflation really is and how it literally takes away 100% of a person's productive life over 100 years. 🤷 \n\nThing is they could understand all these things, and if they did so the first thing they would start doing is buying #Bitcoin 💰 ",
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