Glad to see you back posting here. It's hard to believe that Kiyosaki would tweet something like that. I don't look at him as a bitcoin guru or anything, but still.
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This is an equally ignorant quote:
Of the three, silver is the most affordable for the most people.
Bitcoin is about $70,000 a coin. Gold is about $2,500 coin. Silver is about $35.00 a coin.
As if you must buy a whole bitcoin, or one ounce of gold, for that matter.
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116 sats \ 0 replies \ @fiksn 31 Mar
IMO the unit bias is one of the reasons why people shitcoin. "Oh look that coin.. it's totally affordable at 0.001 $ a coin unlike bitcoin.. if it ever went to 1 $ I will be rich". Very similar to pink sheet stocks. I mean people realize they are buying crap, but the psychology combined with pump&dump schemes still makes them do it.
Therefore let's standarize the use of sats (or uhm bits).
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Exactly!
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Yes, we need @CarlBMenger more often on SN !
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I know, I couldn’t believe it myself at first as well. I have nothing against him though and I think he did a good job with his first book to wake up people, but Man that tweet, LOL
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20 sats \ 1 reply \ @fiksn 31 Mar
But did you consider the option that he intentionally wrote such a tweet just for engagement farming?
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I don’t know. I mean, I read his books and sometimes he was writing kind of weird shit. LOL
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