Dear Stacker News,
This is my first post in the #1 SN territory ~bitcoin.
Yesterday I was at my daughter's daycare "Fall Festival" event. It was great! They cordoned off the parking lot and setup all these booths and tents with free games for the daycare kids, parents, and extended family to play.
My friend, a fellow father, was there with not just his daugher, but also his grandfather-in-law. He introduced me to him as a great Dad, but also as his bitcoin friend. Literally that was all he said, and I hadn't said anything yet. Unsolicited the grandfather starts,
"Let me tell you the story about The Man on Monkey Island. You see, there once was a man on and island who told all the villagers that he'd buy any monkey they had for $100. Any monkey! The villagers gladly handed over any monkeys. Then, he told them he'd pay $500 for any monkey they had. Any monkey! Well the villagers went crazy for this, grabbing any monkey they could find and selling it to him. Sure enough he bought every single one. Then, he told them he was leaving on a two week vacation, but when he came back, he would buy any monkeys they had for $1000 each! Well, in his absence, the villagers all went to his third party agent, and bought all the monkeys the agent could sell them. Except this time, the Man on Monkey Island never returned."
I've never seen a grandfather so smug in my life. I just smiled and said, "Thanks for the story. Sounds like Bitcoin is too risky for you." And I pocketed my orange pill instead of shoving it down his throat.
You see, he's a grandfather. He's set in his ways. And with unsolicited stories like these, he's probably convinced himself he's got enough fiat to comfortably retire if he hasn't retired already. Save my orange pill for someone who wants it.
I texted my friend later,
"Btw I'm glad I dropped it because I wanna be on good terms! But what I would've said to your grandfather-in-law is that unlike The Man on Monkey Island, Bitcoin has been around for 15 years and its market value has grown into a trillion dollar asset class."
My friend replied,
"You're totally fine. His idea of money management is paying someone else to do it."
My friend hasn't bought any bitcoin yet. That's why I'm the one who's his bitcoin friend. Was I right to pocket the orange pill for Grandpa?
Thanks,
@realBitcoinDog