rajatsonifinance on Nostr: We're still very early to Bitcoin Every post I see about Bitcoin has comments like: - ...
We're still very early to Bitcoin
Every post I see about Bitcoin has comments like:
- It's a Ponzi scheme (it's not)
- It uses too much energy (it doesn't)
- It's too expensive to use (layer 2 solutions will solve this)
- It has no intrinsic value (it doesn't need to)
- It will be taken down by governments around the world (this is the most ridiculous argument of all because the protocol is run on computers all around the world, and a lot are hidden with a VPN)
Some of these comments come from people pumping random garbage altcoins, 99.9% of which will never make new highs against the price of BTC
The vast majority come from people backing up gold, real estate, and stocks who are worried that their investment is slowly being demonetized
The people commenting are usually arrogant and can't back up what they claim with facts
The vast majority of the public has no clue what this is, but they reject the idea without understanding it in depth
Most people prefer to stick to the old system because that's what they're familiar with and Bitcoin is confusing
They don't realize that the old system is designed to extract their wealth and make them poorer
Stop letting the distractions keep you from doing your own research
Verify EVERYTHING you learn from multiple sources and look at the arguments for and against the topic
The only way to opt out of the rising cost of goods and live a life of abundance is to understand how money works
Bitcoin will lead you down so many rabbit holes and it will expose so much of the world to you
If you're going to take this route, get mentally ready to take off the rose-tinted glasses and be disappointed with how things are run today
Published at
2024-02-24 14:15:56Event JSON
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"content": "We're still very early to Bitcoin \n\nEvery post I see about Bitcoin has comments like:\n\n- It's a Ponzi scheme (it's not)\n\n- It uses too much energy (it doesn't)\n\n- It's too expensive to use (layer 2 solutions will solve this)\n\n- It has no intrinsic value (it doesn't need to)\n\n- It will be taken down by governments around the world (this is the most ridiculous argument of all because the protocol is run on computers all around the world, and a lot are hidden with a VPN)\n\nSome of these comments come from people pumping random garbage altcoins, 99.9% of which will never make new highs against the price of BTC\n\nThe vast majority come from people backing up gold, real estate, and stocks who are worried that their investment is slowly being demonetized\n\nThe people commenting are usually arrogant and can't back up what they claim with facts\n\nThe vast majority of the public has no clue what this is, but they reject the idea without understanding it in depth\n\nMost people prefer to stick to the old system because that's what they're familiar with and Bitcoin is confusing\n\nThey don't realize that the old system is designed to extract their wealth and make them poorer\n\nStop letting the distractions keep you from doing your own research\n\nVerify EVERYTHING you learn from multiple sources and look at the arguments for and against the topic \n\nThe only way to opt out of the rising cost of goods and live a life of abundance is to understand how money works\n\nBitcoin will lead you down so many rabbit holes and it will expose so much of the world to you\n\nIf you're going to take this route, get mentally ready to take off the rose-tinted glasses and be disappointed with how things are run today",
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