alanbwt on Nostr: People believe they ‘missed’ Bitcoin because they’re stuck thinking in fiat ...
People believe they ‘missed’ Bitcoin because they’re stuck thinking in fiat terms.
“Even if Bitcoin 10Xs from here, so what? That wouldn’t be life-changing money for me. So, better gamble on memecoins or sports teams instead.”
The problem with this way of thinking is it presumes a fiat status quo that continues indefinitely into the future.
Instead, realize that you can acquire ~900 satoshis for a single dollar today, and that the longer you wait to do so, the fewer satoshis per dollar you’ll get. Eventually, Moscow Time will hit midnight, and you won’t be able to convert fiat into sats any longer. This could take decades, but it could also happen overnight sometime soon.
See the world in Bitcoin terms, and everything changes. Tick, tock.
Published at
2025-05-22 15:41:34Event JSON
{
"id": "004121abf46c9cf571e7bef590b25f13f7eccada87f1a6f41f563d62dea21050",
"pubkey": "1bd32a386a7be6f688b3dc7c480efc21cd946b43eac14ba4ba7834ac77a23e69",
"created_at": 1747928494,
"kind": 1,
"tags": [
[
"imeta",
"url https://image.nostr.build/e669c1c142613965bf6f334bc78118f904f2dfa1a642dbcb4b22426d28bbfffa.jpg",
"blurhash eAC$WOs.OUNd%2v{RP%gIVMy_NjFaKjvNy%zxC=_M{EMELoKs;a#NK",
"dim 1266x1133"
],
[
"r",
"https://image.nostr.build/e669c1c142613965bf6f334bc78118f904f2dfa1a642dbcb4b22426d28bbfffa.jpg"
]
],
"content": "People believe they ‘missed’ Bitcoin because they’re stuck thinking in fiat terms.\n\n“Even if Bitcoin 10Xs from here, so what? That wouldn’t be life-changing money for me. So, better gamble on memecoins or sports teams instead.”\n\nThe problem with this way of thinking is it presumes a fiat status quo that continues indefinitely into the future.\n\nInstead, realize that you can acquire ~900 satoshis for a single dollar today, and that the longer you wait to do so, the fewer satoshis per dollar you’ll get. Eventually, Moscow Time will hit midnight, and you won’t be able to convert fiat into sats any longer. This could take decades, but it could also happen overnight sometime soon.\n\nSee the world in Bitcoin terms, and everything changes. Tick, tock.\n\nhttps://image.nostr.build/e669c1c142613965bf6f334bc78118f904f2dfa1a642dbcb4b22426d28bbfffa.jpg",
"sig": "ad9939669056f603427baedb43960f8c5b44bee23c21863285627c2cf5aeaa296dd0c8d4e2f0ba2625afd7fa0aae8077e29a7b7fad9d75d4963df3ac849b7e9b"
}
