The majority of Germans are known to be obedient to authority. That's why it's good to know when the state, represented by the mainstream media, gives them the order to buy Bitcoin, which happened this morning. No one has bigger cash reserves than the German interest hunters, who recently earned a massive 2% interest on their fixed-term deposit accounts. So we can assume that the party is about to start!
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31 sats \ 5 replies \ @clr 13 Mar
Wow! Those are marching orders.
Meanwhile in Spain:
https://m.stacker.news/20520
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0 sats \ 4 replies \ @TomK OP 13 Mar
nobody believes me when i say that there is no real Bitcoin adaptation here in europe. by real i mean sit down and read and investigate what we are actually talking about here. the states are heavily promoting the purchase of their government bonds, for good reason, as we all know. I have repeatedly run into closed doors here in Europe, nobody here has the mental impulse to learn anything new or to investigate where the immense problems actually come from
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21 sats \ 3 replies \ @clr 13 Mar freebie
I don't know the explanation, but I guess that people in Europe are too comfortable. Understanding bitcoin means understanding that everything they have been taught is a lie. I guess that there will have to be a lot of pain for normies for them to begin questioning things.
In 2020 I left Europe. I still spend time there, but as a visitor. I am very reluctant to establish myself in Europe.
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0 sats \ 2 replies \ @TomK OP 13 Mar
I don't think so. Europeans are socialists at heart. the example from Spain, for example, shows that although 30% of adults under 30 live in their parents' homes, the average income here is € 2500 gross, i.e. there is really no wealth, there is too much trust in the state. personal initiative has been systematically withdrawn
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21 sats \ 1 reply \ @clr 13 Mar
I don't see where is the disagreement here. I certainly agree with what you say. The thing is, when I go to Spain, I don't see people jumping out from windows. What I do see is people out eating, drinking and being merry, spending money like crazy. Where do they get the money from? I don't know, that's still a mystery to me. Last time I inquired about this, the answer I got is that they want to live life now in case there is another lockdown in the future. Certainly, they could save that money in bitcoin rather than spending as if there is no tomorrow. But they don't know better, likely because of "trust" in the state, brainwashing and fear from being different than their family and friends or whatever.
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15 sats \ 0 replies \ @TomK OP 13 Mar
it's a matter of perception. the people who can go out and regularly pay the low prices here compared to the united states may be 20 25% of the population. they fill the cafes and restaurants. the quiet silent masses here don't go on living in their cheap neighborhoods and literally vegetate. There is also the problem of omnipresent tourism. You always get the feeling in the centers that there is a lot of money on the move, which is true, but it is brought in by newcomers and tourists. This further distorts the impression
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13 sats \ 2 replies \ @Johnny21 13 Mar
This paper is usually a very good reverse indicator. If they say to buy, you should think about selling!
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21 sats \ 1 reply \ @xz 13 Mar
.. which could mean, the contra-indicator of tabloid media is used to divert interest in the subject to spread FUD via the low credibility of the source. Reverse psychology versus game theory at work?
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0 sats \ 0 replies \ @TomK OP 13 Mar
but they are only now taking up the topic of Bitcoin. that means they also heralded the hype cycle last time. What they don't understand, for example, is that the involvement of Blackrock and the like has changed this market. At some point, they would have had to research sources outside their own limited mental capacity
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21 sats \ 1 reply \ @BlokchainB 13 Mar
A massive 2% huh 😂😆
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100 sats \ 0 replies \ @TomK OP 13 Mar
Yes, but in return you get the chance to keep the bankrupt state alive and pass on a poisoned gift to your grandchildren.
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21 sats \ 3 replies \ @IamSINGLE 13 Mar
So, Germany is a fun loving country? Theh buy Bitcoin in fun. Because of a newspaper headline?
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0 sats \ 0 replies \ @TomK OP 13 Mar
no absolutely not. i was joking, but in essence the thesis that the Germans are extremely obedient to authority is true. if the most important organ of the mainstream media says that bitcoin is a good thing, then many will buy. but whether they understand bitcoin, research the technology, i will doubt very much
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0 sats \ 1 reply \ @fishyness 13 Mar
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0 sats \ 0 replies \ @TomK OP 13 Mar
So what? No other medium has a greater reach in Germany. It's not important what you personally think of it, but what people think it is.
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21 sats \ 3 replies \ @0xbitcoiner 13 Mar
In practical terms, what has changed to say that the Germans have received a purchase order?
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32 sats \ 2 replies \ @TomK OP 13 Mar
Nothing, except of the fact that they have massive cash and I felt it was time to make a joke to entertain myself. You're welcome
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21 sats \ 1 reply \ @0xbitcoiner 13 Mar
https://imgprxy.stacker.news/AKw7OId-rY2VM9LxE9kVBR5jlJVcS4Uacadcfm_v3rg/rs:fit:1920:1080/aHR0cHM6Ly9pbWFnZS5ub3N0ci5idWlsZC85YmRmNDBiZTk4NWUzNzJiNDJiZTYxMzlkYWJlYjZkMzNmNjZiM2NmMTY2MTA2ODliMDg0NTc3MjQ2MTczNDZhLmpwZw
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0 sats \ 0 replies \ @TomK OP 13 Mar
Hahaha. Nice
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21 sats \ 3 replies \ @Coinsreporter 13 Mar
Wow! It's difficult to digest. A newspaper heading directs the people! The state is more powerful and also so poular, I can guess.
But amazingly. Germans are definitely growing savvy after what has transpired in last few years. Isn't it correct?
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0 sats \ 0 replies \ @TomK OP 13 Mar
in my experience, Germans always have to fall completely flat on their faces before they adjust their behavior. the newspaper that published this bitcoin article is the most important press organ in the mainstream. So you are walking into the next crypto hype without any prior knowledge
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1 sat \ 1 reply \ @fishyness 13 Mar freebie
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21 sats \ 1 reply \ @siggy47 13 Mar
I'm hunting for an English translation now. This is big news, no?
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76 sats \ 0 replies \ @TomK OP 13 Mar
yes hello good morning. Translation is basically not that important, what the article says is three ways to buy bitcoin and when to buy. it's really the programming by the media that is too extreme in Germany
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0 sats \ 1 reply \ @kilianbuhn 13 Mar
Bild is more known for oversimplified populism. And not paticularly pro- or against government. IMO you missrepresent it here 🙄
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0 sats \ 0 replies \ @TomK OP 13 Mar
i've been working in the media business for 25 years. in germany, nothing gets past the Bild newspaper. every politician, every businessman, every family all read this newspaper and its countless subsidiaries. Opinions and moods are created in trashy papers like this one, and that's all this is about. Opinions and moods are created in trashy papers like this one and that's all that matters here. Once again: if you are looking for quality journalism, read the NZZ.
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0 sats \ 0 replies \ @TomK OP 13 Mar
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