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30 sats \ 9 replies \ @DiedOnTitan 31 Mar \ on: The Bitcoin Halving bitcoin
Very nice primer. A refreshing response to Kiyosaki's revolting and cringe advice.
Just to tear down his tweet further with a lot less grace than Carl did:
This invites $5 wrench attacks and normalizes publicly claiming how much Bitcoin you have, own, or plan to buy. This breaks the first rule of Bitcoin.
No. It's the "Halving". Kiyosaki positions himself in the Have class, and then provides cringe advice and fake news to the Have-nots. Carl explains the halving well.
Terrible advice. Breaks the second first rule of Bitcoin: NYKNYC. Buy the ETF?!?🤮
And wth does "buying 1/10 of a coin via ... Satoshi's." even mean?🤦
This just confirms Kiyosaki's ludicrous misunderstanding. Not only is he clueless about the tech, he completely misses the fundamental value of Bitcoin.
No. 1/10 of a bitcoin will not magically become a whole Bitcoin by the end of the year. Nor will 99.9999% of a Bitcoin become, on it's own, a whole Bitcoin. Ever.
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I would expect someone with 2.5 million followers and millions of USD invested in Bitcoin to do the most basic research. At a minimum.
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Indeed. I mean it’s not some complicate shit, it’s just the fundamentals.
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I mean those folks should recognise the importance of Bitcoin first.
Exactly. Just mind blowing to see so called ‘experts’ talking nonsense about #Bitcoin.
Nothing against Kyosaki in general, I think he did a tremendous job with his first book to wake up people of the fiat scam.
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I wonder if he meant you could own the equivalent value of 1 bitcoin - at its current price 🤷♀️
I was pretty shocked to read that tweet, i know he's one of the "mainstream" people but good grief..
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