The Big Gunt on Nostr: Not taking the time to understand #Bitcoin is the most expensive mistake a person can ...
Not taking the time to understand #Bitcoin is the most expensive mistake a person can make.
I speak from experience. Someone mentioned it to me in 2013 when it was $100 and I dismissed it as a ridiculous idea.
“Magic internet money? 😂 Ok pal. Good luck with that.”
I didn’t think about Bitcoin for years until another friend mentioned it in 2017 when it was $1,000.
My lack of curiosity cost me a 10 bagger in 4 years. 1,000%!
To make it worse, I didn’t go down the rabbit hole until 2021 when it was $20,000. Another 4 years, and 20x.
Time amplifies it. The more time passes, the more expensive the mistake of not understanding (and buying) bitcoin.
99.99% of people are making this mistake today. At this very moment, millions of people have the means to buy a whole coin, but most of those who can, won’t. Every four years they will lose 90% of their purchasing power vs bitcoiners.
That shit adds up.
The wealth divide in the future on a bitcoin standard might be as stark as it is today.
However, on a #bitcoin standard, the poorest among us will be 100x better off than they are today.
Published at
2024-03-09 18:42:03Event JSON
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"content": "Not taking the time to understand #Bitcoin is the most expensive mistake a person can make. \n\nI speak from experience. Someone mentioned it to me in 2013 when it was $100 and I dismissed it as a ridiculous idea. \n\n“Magic internet money? 😂 Ok pal. Good luck with that.” \n\nI didn’t think about Bitcoin for years until another friend mentioned it in 2017 when it was $1,000. \n\nMy lack of curiosity cost me a 10 bagger in 4 years. 1,000%! \n\nTo make it worse, I didn’t go down the rabbit hole until 2021 when it was $20,000. Another 4 years, and 20x. \n\nTime amplifies it. The more time passes, the more expensive the mistake of not understanding (and buying) bitcoin. \n\n99.99% of people are making this mistake today. At this very moment, millions of people have the means to buy a whole coin, but most of those who can, won’t. Every four years they will lose 90% of their purchasing power vs bitcoiners. \n\nThat shit adds up. \n\nThe wealth divide in the future on a bitcoin standard might be as stark as it is today. \n\nHowever, on a #bitcoin standard, the poorest among us will be 100x better off than they are today.",
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