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Joke A Bitcoin holder walks into a bank and asks the teller, I need to withdraw $5,000. The teller replies, Certainly, sir. Which asset would you like to sell? The Bitcoin holder sighs, My Bitcoin, of course. I need the cash to pay for my new car. The teller processes the transaction, then looks up and says, "Sir, I'm sorry, but your $5,000 worth of Bitcoin from last week is now only worth $3,800. Do you still want to sell? The holder immediately recoils, "What?! No, no, no Absolutely not! I'm not selling at a loss! Just put it back! I'll take the bus.
The joke highlights the most common and often humorous psychological barrier to spending Bitcoin: loss aversion combined with extreme volatility. The holder needs the money for a tangible purchase (a car), but the moment the market price drops, the perceived loss outweighs the need for the item. The punchline I will take the bus, is funny because it illustrates how the emotional attachment to the number of the asset (not selling at a loss) overrides the practical utility of the fiat currency it represents. The educational merit lies in demonstrating how Bitcoin's price swings, ironically, make it hard to spend, thereby reinforcing its role as a store of value rather than a medium of exchange for everyday goods.
Author: nickethan
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