Derek Ross on Nostr: How did I orange pill my cousin earlier today? She asked me what I've been up to. I ...
How did I orange pill my cousin earlier today?
She asked me what I've been up to. I started talking about Nostr and everything that
Semisol (npub1226…grkj) and I have build with NostrPlebs.com. I explained Nostr and naturally, the conversation gravitated towards Bitcoin.
She asked me if I was still mining at home. I said yes. She said she didn't understand that, how Bitcoin is created, what mining does, etc. Explaining all of this made her realize why Bitcoin had value.
We then discussed the USD dollar and how "we" give the dollar it's value. We discussed the Fed and printing money. We discussed Bitcoin's scarcity and known monetary policy. We discussed why the Fed, inflation, and going off of the gold standard was bad.
I explained Bitcoin's halving event and 4 year cycles. I went the Foss route and explained how it's all just simple math! 😉
She ended up buying $50 on Cash App and setup a monthly DCA. I sent her sats over Lightning and explained the differences between on-chain and Lightning.
Initially, she said she thought it sounded like a great investment. I said it is, but we need to look at it as more than an investment. It's investing in your future by saving in bitcoin. She understood that.
Many other family members were sitting around listening. Maybe I can get another one of them too. Fingers crossed.
Published at
2023-02-12 23:09:22Event JSON
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"content": "How did I orange pill my cousin earlier today?\n\nShe asked me what I've been up to. I started talking about Nostr and everything that #[0] and I have build with NostrPlebs.com. I explained Nostr and naturally, the conversation gravitated towards Bitcoin.\n\nShe asked me if I was still mining at home. I said yes. She said she didn't understand that, how Bitcoin is created, what mining does, etc. Explaining all of this made her realize why Bitcoin had value.\n\nWe then discussed the USD dollar and how \"we\" give the dollar it's value. We discussed the Fed and printing money. We discussed Bitcoin's scarcity and known monetary policy. We discussed why the Fed, inflation, and going off of the gold standard was bad.\n\nI explained Bitcoin's halving event and 4 year cycles. I went the Foss route and explained how it's all just simple math! 😉 \n\nShe ended up buying $50 on Cash App and setup a monthly DCA. I sent her sats over Lightning and explained the differences between on-chain and Lightning.\n\nInitially, she said she thought it sounded like a great investment. I said it is, but we need to look at it as more than an investment. It's investing in your future by saving in bitcoin. She understood that.\n\nMany other family members were sitting around listening. Maybe I can get another one of them too. Fingers crossed.",
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