“Buy Bitcoin!” “Its to expensive…” “You can buy a million sats for X dollars.” “Sats? Whats that a new bitcoin?” “No, its a fraction of a bitcoin. Like a penny to a dollar.” “…” That is just about EVERY conversation with new comers. “STUDY BITCOIN!” “When? I dont have the time…” Im not sayjng change “Sats” to “Bitcoins.” But market psychology proves people don’t (and won’t) get it.

Replies (3)

Default avatar
npub1cc9x...qj56 11 months ago
People who don't get what a sat is, even after comparing it with a cent, will most probably never hold Bitcoin themselves (or sats, lol), as explaining them self-custody will fall on fiat ears. They'll go for the "easiest" and "fastest" option, i.e. let a company own their sats, of which they've never understood the power and real worth.