I think you’re definitely onto something there. It’s probably deeper than that also, and has a lot to do with aversion to volatility, and the perception that everyone who got into bitcoin years ago has already benefited the most from it and there’s nothing left for anyone new.
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The volatility and unit bias are real challenges to overcome. Maybe we should pretend that satz are the newest crypto meme coin so they can feel early.
Elites like Gates and Schwab engineered this narrative to keep you out of bitcoin's wealth redistribution.