During dinner, I sometimes try to bring up Bitcoin to people, usually of many ages (young, old, etc.)
The young ones try to listen, but get lost in what I'm saying. The old ones "understand" what I'm saying, but start cutting me off the moment I try to say more than four words. Usually, their arguments are something like this:
- Bitcoin is just some 1s and 0s, how can I trust my balance? (didn't even let me explain PoW yet)
- Bitcoin can be taken away, check the news, so many are scammed everyday or lose it (by storing it on a custodial platform, or by showing me rugpulls on some random altcoin)
- VISA is so much faster, I heard Bitcoin only serves 7 transactions per second! (comparing the layer 3 equivalent of FIAT towards Bitcoin's layer 1)
Even if I get a chance to explain the first three, they'll hit me with the fourth one, and no matter what I say, they cannot snap out of it.
- Bitcoin is too expensive! It's priced at 30,000$, no return! (fiat mindset)
Even if they are in just for being rich in FIAT, they would have a 4x return by now, and that was only two years ago. Old people refuse to believe that Bitcoin could be the main currency in the economy, and that it is an investment similar to other stocks.
Have you guys ever successfully orange-pilled someone old?