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11 sats \ 1 reply \ @nullcount 30 Jun \ on: My friends think Bitcoin is a joke. There's nowhere to spend it or Lightning. bitcoin
Its up to each individual person to do the "work" to learn (or unlearn) about money. The more you understand BTC, the more BTC you tend to own.
I think we're in the same universe... just two different kinds of people live in it. We live in the "future" simply because we like to learn about new tech and have adopted BTC before most people have even tried it.
Others would rather adopt new tech later on, after all the difficulties have been smoothed out, or they'll only change behaviors when there is no other option left.
You can't force a late-majority kind of person into becoming an early-adopter. Its just their nature, like our nature is to be early. Embrace your nature and others'.
Not that bizarre if you understand business and the desire to hold better money. Businesses want to make things for rich people because rich people tend to pay more. However, people who are "Bitcoin Rich" are more likely to understand that BTC is better money, and therefore they are less likely to want to spend it if there is inferior money left to spend. Its the same reason you can't find many places to "spend" stocks, real estate, fine art, and other assets.
Good! LN is pretty complicated. Its probably best if people don't know it exists. Do most internet users know TCP/IP exists? Probably not, they just use a domain name or email address and it just works! That's the role LN should have IMO.
This should be a hint... stop talking about bitcoin and start asking them about their ideas of money.
Do they feel inflation? Where do they think inflation comes from? Do they like the USD? Do they think we should go back to gold standard?
Ask questions, resist the urge to give answers right away. Once you understand where they stand, you can start to nudge them toward learning about BTC on their own time.
There are enough resources to learn about BTC once someone is curious enough to WANT to learn about it.
People won't remember the words you said, they only remember how you made them feel.
If you make them feel like they're being sold something, or educated, that's less ideal than if you make them feel curious and intellectual about the nature of money and value.
Maybe they're right! If you are curious about their reasons, maybe they'll become curious about your reasons for owning BTC.
are more likely to understand that BTC is better money, and therefore they are less likely to want to spend it if there is inferior money left to spend
I try to spend ~2 percent of the Bitcoin I buy. This way I incentivize people to accept it... and for it to be actually used transactionally. I believe this makes sense if people buy 100$ of Bitcoin maybe they should spend ~ 2% to help jumpstart the Bitcoin economy and encourage small business.
Good! LN is pretty complicated. Its probably best if people don't know it exists.
Just stating the obvious... but Lightning isn't smoothed out/intuitive enough yet to 'just work'. It helps to have a basic idea of how it works to understand what a channel is, opening a channel, writing down a seed phrase, the difference between on-chain/Lightning etc.
Just enough knowledge to use Phoenix. But that's actually A LOT for the general population.
This should be a hint... stop talking about bitcoin and start asking them about their ideas of money.
It usually comes up when I owe a friend 10$... and I ask them 'if they take Lightning'. Then the conversation ensues.
Do they feel inflation? Where do they think inflation comes from? Do they like the USD? Do they think we should go back to gold standard?
This is more than like 99% of people think about.
If you make them feel like they're being sold something, or educated, that's less ideal than if you make them feel curious and intellectual about the nature of money and value.
100% agree.
Maybe they're right! If you are curious about their reasons, maybe they'll become curious about your reasons for owning BTC.
I think the people I'm referring to generally... don't know what a transaction is, what a mempool is, what a 'wallet' is etc... they say they don't understand "why there are so many Bitcoins" and why Bitcoin "has value". They don't have any technical understanding of it... to the contrary it just doesn't "feel good" so they don't want to acknowledge it exists.
Some people are downright hostile to hearing anything about Bitcoin or they think you have to buy a "whole coin" so they can't/won't etc etc...
A lot of people just wished it didn't exist so they ignore it.
[Btw... thank you for your contributions to the BTC community if you are who I think you are.]
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