I've had numerous conversations with financially intelligent people that lack even a basic understanding of bitcoin.
Scarcity - They do not believe that there will be only 21mil BTC. Responses include "How do you know?" and "That's what they tell you." Who is "they" I ask. "The people running it."
CEO of Bitcoin - They do not know that there is no one "in charge" of bitcoin.
Not Hack Proof - They say the NYC couple hacked bitcoin. And the government did not to long ago to recover stolen bitcoin. As if hacking exchanges and networks is the same thing.
Shitcoins - zero understanding of what distinguishes bitcoin from shitcoins. Pre-mining, unlimited supply, proof of work/stake etc.
Not a Store of Value - Its not because its too volatile. Short term yes, but long term its up and to the right I respond.
It's not because they lack the capacity to understand, it is because they have not studied it. To me, this is an indicator that we are so very early. Orange pills are administered every day.
Keep stacking sats.
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