Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
For the market to grow like we all hope it will, regular people are going to have to come in droves.
No, this is wrong. Current fiat (or any asset) wealth is not distributed evenly across the population, in fact it is well-documented and heralded as being increasingly concentrated in fewer and fewer hands. By this reason alone, relatively very few have to come to bitcoin to replace fiat as the dominant wealth storage and measurement mechanism.
This is true. As Bitcoin continues to live on though, it will be the younger, newer generations of Average Joe that takes a chance with Bitcoin. They come into the working world with more disdain for the existing financial structure, less debt (except student loans), less skepticism of Bitcoin, less to lose and everything to gain.
Grandma and Grandpa ain't coming in droves, sorry. Grandma and Grandpa can't even afford to buy Precious Metals anymore, much less Bitcoin. Plus the MSM has mindfucked them to believe that Bitcoin is a scam.
Get the fuck out of here with your nonsense proclamation that regular Joes cannot afford bitcoin.
They only believe that they cannot afford bitcoin, which seems to tie in with your overall point that they are being mindfucked by mainstream media.
Ultimately, you and I are likely pretty close to agreeing, and probably I am merely quibbling with the mixture of your nonsense points that are embedded into your other relatively decent points.
