Interesting shift, I've stopped explaining bitcoin as ngu to new folks, and stopped encouraging them to just "buy bitcoin"
I used to do this from as early as 2015 & got a number of folks in from this perspective. They never appreciated the other aspects though, & almost all sold at some later point for a handsome profit, but for no appreciation of what bitcoin actually was
It was just another investment for them
I'm not sure why, but those didn't feel like wins at all to me. And now, even when I have someone who trusts me and will happily "buy bitcoin" if I advise them to, I choose not to nudge anymore unless they figure out the underlying "why" instead, and it's not just an investment to them
It's strange, because I know almost certainly that they'll "profit". But treating bitcoin as just another investment you pass into and out of, and not understanding any of the other elements seems like such a waste/disappointment to me
I'm just not interested in propagating that
If anything, I think "study bitcoin" is where it's at now. And that's where I'll happily bring new folks in via these days ✌🏽
arvin
npub12z…saz8h
2024-04-18 12:45:09
Author Public Key
npub12zkknmund6ynu2yaptqamn0q29uje7ms3mqq6uu05v9d7t6tguyqcsaz8hPublished at
2024-04-18 12:45:09Event JSON
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"content": "Interesting shift, I've stopped explaining bitcoin as ngu to new folks, and stopped encouraging them to just \"buy bitcoin\"\n\nI used to do this from as early as 2015 \u0026 got a number of folks in from this perspective. They never appreciated the other aspects though, \u0026 almost all sold at some later point for a handsome profit, but for no appreciation of what bitcoin actually was\n\nIt was just another investment for them\n\nI'm not sure why, but those didn't feel like wins at all to me. And now, even when I have someone who trusts me and will happily \"buy bitcoin\" if I advise them to, I choose not to nudge anymore unless they figure out the underlying \"why\" instead, and it's not just an investment to them\n\nIt's strange, because I know almost certainly that they'll \"profit\". But treating bitcoin as just another investment you pass into and out of, and not understanding any of the other elements seems like such a waste/disappointment to me\n\nI'm just not interested in propagating that\n\nIf anything, I think \"study bitcoin\" is where it's at now. And that's where I'll happily bring new folks in via these days ✌🏽\n",
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