Most people will probably need more black swan events with exchanges to start paying more attention to self-custody. General society is more reactive than proactive.

Some also like the convenience of holding Bitcoin on exchanges and getting all these easily accessible extra features to spend, earn, borrow, trade on your BTC instantly. I'm not saying it's justifiable, but I think that's the likely rationale.

We should have more Bitcoin builders focusing on empowering the self-custodial Bitcoin in order to reach feature parity with exchanges (as much as possible) with an equivalent UX. Maybe then people wouldn't choose to sacrifice security over convenience anymore.

Thanks for sharing! I'm trying to set up something similar in Europe too. How long have you been doing this? I wonder if you calculated what's the minimum amount of time you need to be "in the market" with your disposable income to offset the back and forth conversion fees?

Everyone buys Bitcoin at the price they deserve to, right? Also, in terms of value, from a purely selfish perspective you'd want Bitcoin to stay cheaper for longer, so you could stack more.

But honestly, I have no problem spending hours explaining Bitcoin to open-minded people. It's just that if you truly believe in the inevitability of the Bitcoin standard, you shouldn't really care that much to convert some stubborn nocoiner into it.

Depends if you really care about the person realising the truth, because selfishly you'd want Bitcoin to stay cheaper for longer. Also, simply sending Bitcoin with no further explanation might lead them to just go the speculative investment route.

Having said that, I think the easiest way is to explain the history of money, and describe the social constructs behind fiat and gold. When all that is put into perspective, it's much easier to see Bitcoin as an evolution of the money standard.

When the doubt in the current system is planted, they should naturally start researching themselves more, and hopefully buy it for the right reasons.

What's wrong with satoshis? Why not spend the same energy to promote something that already exists, and doesn't cause as much chaos as reducing the perceived BTC "price" by 8 orders of magnitude?

Yeah, at the moment we're waiting for 1 block confirmation onchain, but we're adding lightning support on the next iteration