What are your go to analogies/reasonings in explaining a deflationary world to friends & family?
Feels like my explanation is still seems too "far fetched" for most people around me.
Inspired by Grant's tweet
Any other cultures or practices that treat gold as "generational savings"?
In Asia a big practice is to for the groom's parents to buy gold for the bride.
And the mentality there is always "you can pawn it in the future if you need money".
The gold my wife got is just sitting there collecting dust. Literally HODLing the gold.
Imagine doing that but with bitcoin.
With all the obvious benefits.
Just needs consistent messaging and education. Looking to do something there for the Asian + Southeast Asia scene soon. We are usually 3-5 years behind.
Always wondered about the skepticism from critics or that “Bitcoin is a cult”.
I mean, if taken to the extreme, it could be interpreted that way. But what’s more important to me is the underlying values of Bitcoin that community members stand for.
Individual sovereignty? Check
Financial sovereignty? Check
Transparency and privacy? Check
Aren’t countries or religions unifying people based on a set of values / principles as well?
I don't know a lot of senior people who play golf but goddamn Trump plays darn well for a man his age.
Consistent drives, solid putts leading to solo birdie and eagle?
Surprisingly entertaining video. Bryson a monster with the driver as usual.
Seriously, what a great explanation of the importance of PoW. Great analogy using Zuck and papa Powell.
Great one from @jack mallers and kudos to the organizers
Will eventually write an article on why I think Bitcoin is so hard to understand.
Hard to comprehend a form of sound money that is decentralized yet more portable, divisible (and arguably immutable) than gold.
Gold is a big thing in Asia so will tackle from that angle.
I mean, it took me 7 years to be fully onboard Bitcoin.
Went through the whole buying for numbers go up phase as a college student, trading & setting stop loss phase when I started working, before reaching the hodl phase today.
Managed to orange pill my mom but its more because she is supporting my initiative to go completely into bitcoin, rather than her own understanding of bitcoin.
One step at a time.
Feedback and comments welcomed:
Still can’t wrap my head around the internet and social media
Humans have lived in enclosed tribes and countries for millennia.
Over the last decade you’re suddenly connected to hundreds of millions if not billions of people.
What does this do to the human brain?
Reminds me of Kurzgesagt’s video on the internet is worse than ever and Huberman’s recent podcast with Haid on social media impact on kids.
Crazy times we live in