Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
⭐ Merited by JayJuanGee (1)
So i followed that interesting conversation today...
Two medium educated men, proud of their 5%pa investments (stock market or fonds based, excluding inflation loss), were talking about bitcoin.
They said buying btc at the time would be dumb, because if you aren't an early adopter, it's just a ponzi.
Also, that if governments don't take measures against "this ponzi", they must be either holding OR they have no control over bitcoin.
Don't get me wrong, i would enjoy being simple minded like these two, but then i would also probably fomo all-in right before the next ATH (2022 probably?).
At that time, they might even ask me if i heard about bitcoin, and that i should sell my house to buy btc)
Two medium educated men, proud of their 5%pa investments (stock market or fonds based, excluding inflation loss), were talking about bitcoin.
They said buying btc at the time would be dumb, because if you aren't an early adopter, it's just a ponzi.
Also, that if governments don't take measures against "this ponzi", they must be either holding OR they have no control over bitcoin.
Don't get me wrong, i would enjoy being simple minded like these two, but then i would also probably fomo all-in right before the next ATH (2022 probably?).
At that time, they might even ask me if i heard about bitcoin, and that i should sell my house to buy btc)
It's somewhat entertaining to find out it's ponzi only if you are not an early adopter.
And yes, they are the majority in the world, we are just a small and strange(!) minority.