Which is short for: you buy them The Mandibles and they read it. It opens their eyes to the fragility of the fiat system, the misery that will come its downfall and how being prepared for it might change your life dramatically. Then you buy them The Bitcoin Standard, and they realize how the dystopia of The Mandibles need not to be, and how they can use Bitcoin to both protect themselves from the chaos as well as to generally make the world a better place for all.
More generally, I advise not to discuss Bitcoin, but rather to rant on the issues of the traditional financial system. You don't appreciate antidotes if you don't think you are poisoned.
A portfolio of of 95 percent traditional stocks and bonds with 5 percent bitcoin is far less risky with far greater potential upside than 100 percent stocks/bonds. But it sounds like from your other comments your significant other does not want to have a productive conversation and learn about bitcoin, which is understandable, so until then my advice would be not being it up and to politely steer the conversation to other topics if they bring it up.
Its not your job to sell them anything. If they cant understand what bitcoin is, its not their time. Maybe in a few years it will be, after the price rises.
The way I showed her is through action. I booked her a ticket to El Salvador with me and also a Bitcoin conference. She was naturally curious, so from there she was pretty much orange pilled.
Can you explain to them firstly how the debt based fiat monetary system operates? It is a lot easier to understand Bitcoin if you first understand how the fiat debt slavery monetary system we currently have imposed upon us operates- and the vast majority of people don't.
If you understand and can explain how fiat money works then you should be able to explain what Bitcoin is and how it differs from fiat money. Your question suggests you understand neither and certainly cannot explain them both. Read The Bitcoin Standard to gain that understanding. https://z-epub.com/book/the-bitcoin-standard-epub-download
I explain it to normies usually like this: If Gold and the Internet would have a baby, it would be Bitcoin. In another thread here on SN I explained it with sending cash trustless to someone remote without a third party involved.
Take a $50 from each check and tell her its for your Motorcycle, then DCA buy bitcoin and put in her wallet, 6-12 months later show her how much she has. Then try to talk her out of it....lol
As Odell says; Mandibles, then Bitcoin Standard.
Which is short for: you buy them The Mandibles and they read it. It opens their eyes to the fragility of the fiat system, the misery that will come its downfall and how being prepared for it might change your life dramatically. Then you buy them The Bitcoin Standard, and they realize how the dystopia of The Mandibles need not to be, and how they can use Bitcoin to both protect themselves from the chaos as well as to generally make the world a better place for all.
More generally, I advise not to discuss Bitcoin, but rather to rant on the issues of the traditional financial system. You don't appreciate antidotes if you don't think you are poisoned.
Exactly
https://imgprxy.stacker.news/FSPU5OBs5-FgBwRo4u_8JRDEOp-8qfztzmdhi66AR50/rs:fit:2560:1440/aHR0cHM6Ly9tLnN0YWNrZXIubmV3cy8zNzA2OQ
It is the ground floor of money.
What else is there to explain?
What if they think it’s gambling and too risky?
A portfolio of of 95 percent traditional stocks and bonds with 5 percent bitcoin is far less risky with far greater potential upside than 100 percent stocks/bonds. But it sounds like from your other comments your significant other does not want to have a productive conversation and learn about bitcoin, which is understandable, so until then my advice would be not being it up and to politely steer the conversation to other topics if they bring it up.
Just like gold?
It rises and falls during times of crisis.
Most people are more comfortable with gold even though they don’t really understand why it has value either.
Its not your job to force them to take a risk they arent comfortable with.
It only brings resentment.
Tell them the facts and then let them decide.
What if they want you to sell?
Tell her no with smile and don’t discuss it again unless she shows willingness to support you.
Its not your job to sell them anything.
If they cant understand what bitcoin is, its not their time.
Maybe in a few years it will be, after the price rises.
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The way I showed her is through action. I booked her a ticket to El Salvador with me and also a Bitcoin conference. She was naturally curious, so from there she was pretty much orange pilled.
Legend
Bitcoin is basically a decentralized ledger book that anyone can write on, yet somehow everyone trusts.
This usually leads to two possible questions:
A. Why is that useful? To which you can get into the monetary economics of why we need Bitcoin.
or
B. How did it do that? To which you can explain mining and the blockchain.
This is my typical approach to explaining Bitcoin to anyone.
What if they feel more comfortable with something more stable like the US dollar?
Given Bitcoin's high potential to become a defacto global reserve currency, I'd say it'd be irresponsible not to hold on to at least a little of it.
You don't have to put your entire net worth into Bitcoin, but it'd be foolish not to hold at least some.
I agree but hard to explain to a normie.
https://m.stacker.news/47220
when they need it, they will call u
Most women don’t want to think about money or how things work…it’s a bell curve but the odds are against you.
They don’t want you to lose all your money on what they perceive as a risky asset.
Can you explain to them firstly how the debt based fiat monetary system operates?
It is a lot easier to understand Bitcoin if you first understand how the fiat debt slavery monetary system we currently have imposed upon us operates- and the vast majority of people don't.
What if they think it is just magic internet money backed by nothing?
If you understand and can explain how fiat money works then you should be able to explain what Bitcoin is and how it differs from fiat money.
Your question suggests you understand neither and certainly cannot explain them both.
Read The Bitcoin Standard to gain that understanding.
https://z-epub.com/book/the-bitcoin-standard-epub-download
I explain it to normies usually like this: If Gold and the Internet would have a baby, it would be Bitcoin. In another thread here on SN I explained it with sending cash trustless to someone remote without a third party involved.
or like this:
#150788
Show her this:
https://m.stacker.news/47316
Start with the problem first,
The solution after.
What is money
How money is created
Then, fix the money fix the world
This are the basic steps, might take some time though
Take a $50 from each check and tell her its for your Motorcycle, then DCA buy bitcoin and put in her wallet, 6-12 months later show her how much she has. Then try to talk her out of it....lol
How to provide more context in a post to elicit useful comments?