PrivacyG has described this topic in the simplest manner.
Thanks, PrivacyG
I find it very difficult to accomplish what you are trying to with this topic though. Someone who is so narrow minded to believe anything a complete stranger says without verifying multiple sources and to believe they know everything about a certain subject they actually never studied but only read click bait article titles and listened to nobody's about is going to be very difficult to convince they were wrong all along.
Also, many Altcoin holders keep their coins on hot wallets like MetaMask and Trust Wallet. They do not get the importance of self custody because we entered a phase where everything grows and moves at an extremely fast pace so self custody is seen as the 'slow', boring way. It is not a way you get 9000% APY. It is not a way you can buy and sell within one click. This is what hype asks for and ultimately it is a giant risk to assume. But why assume the risk you take when you can blame others for your lack of capacity to store a coin properly.
Then of course we are talking about people who jump in any kind of project just because 'Decentralized' is part of its name or general description. 'Decentralized Exchange', which is actually only partially Decentralized. 'Decentralized Cryptocurrency', sitting on a highly centralized Blockchain. And so on. Unfortunately, misinformation is widely spread around this word.
All they really need is to watch YouTube videos explaining Bitcoin the simplest way. We are talking about investing around quarter to half an hour understanding Bitcoin through 3 to 4 videos. That is all they need to understand why Bitcoin is unavoidable and why the one to blame in case of hacks and bankruptcies are the customers themselves for trusting. Bitcoin does not require trust. You trust nobody other than yourself. But how do you convince someone about this when all they see is the attractive 'Decentralized' and '12000% APY' everywhere they look.
I like what you are trying to accomplish, but you are going to struggle with it.
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Regards,
PrivacyG