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I feel sorry for the laggards who would pile into bitcoin at the last moment. They'll be fleeing into bitcoin through crypto scams, fake L2's, AI social engineering attacks, misinformation from trusted sources and cognitive dissonance. In a rapidly shifting open source environment niched in topics that they hardly understand. And at the bottom of the rabbit hole you have personal responsibility and hard work waiting for you.
I'm assuming uncle jims will do well. They essentially become financial advisors (Recommending Bitcoin products and services, Helping them understand and move up the sovereignty ladder, Holding Keys, Running LSP's, Mints, and Relays).
Its just crazy to imagine that we're entering a world were 20 year olds have a better grasp on how to use money, how money works, and why it works that way.....than most studied economics professionals.
Understanding money is a key piece to human flourishing and survival, many will succumb to being slaves of their own ignorance, doomed to live out the rest of their days as hungry ghosts, pulling knobs and levers of which have no real meaning or consequence.
Understanding money is a key piece to human flourishing and survival
The thing is, when you have good money, you don't have to think about it. Good money just automatically does a bunch of nearly miraculous stuff and we can just thoughtlessly use it.
The only reason it's necessary to understand money is that if we don't then some sociopath is going to come along and pervert money to serve their ends. This new money would superficially resemble good money and only those who understand money can spot the scam.
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This is very true. If you have it in bitcoin, you dont have to even think about it, as long as you hold the keys. All the other markets can move up and down, but it doesnt matter.
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21 sats \ 0 replies \ @Fabs 5 Aug
This.
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Personally, I don't feel left behind. I feel lucky to have started on this path that has led me to learn so much.
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TheWildHustle is proud of you.
You havent missed the boat, but your journey has just begun.
Stay Humble, Stack Sats, and take these Satoshi's.
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Many people assume the USD is going to be the main currency forever.
It's on the decline right now.
Here's an interesting read about the Real de a Ocho, the world's first currency. You will realize that it's only a matter of time until USD gets replaced, and the next one seems to be ₿
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Understanding that fiat is just imaginary money is a very hard concept to grasp.
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