For all the purists saying price doesn’t matter, now that we hit $100k my mom finally decided to #GetOffZero to buy her first sliver.
Her reason? A higher $USD value makes her less skeptical (but still skeptical because Bitcoin isn’t FDIC insured 🤣)
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Those 502 sats might be worth billions in the future.
Store them carefully.
5020 for some reason they only show 7 digits
A lot of platforms seem to clip final zeroes. Confusing
Its a bit confusing.
But I shouldnt have made that amateur mistake.
I have so much $SHIB! Imagine if SHIB was ever worth $1. I’d be rich!
No, no you wouldn’t. There are so many SHIB it’d be like a quadrillion dollar asset for one SHIB to be a dollar.
But unit of account bias is real!
Today $5 is worth 5000 sats, but one day only 500!
oh 5020 sats!
That might be worth 10 billion then!
generational wealth
You have no idea.
We are early.
I have such an idea I started my own podcast called It’s So Early!
https://fountain.fm/episode/TVy1HE1YHwkHUrgTDt5M
It is not FDIC insured meaning no third party to de-bank you any second now for having a contrarian frame of mind.
💯
My wife stopped asking me to sell after hitting 100k. I agree that whether you like it or not, price does have an impact on everyday people.
Didn’t you tell her 1 sat = 1 sat?
I could try
Do it. I want to know what she says!
"What's a sat?"
At least she asked!!
like mother is the son...
😅
Fun fact: those "purists" didn't build & hold & use Bitcoin were always right and without them your mother today couldn't have any sats.
You know what we call those that are not Bitcoin "purists"? PUSSY-STS.
lol cmon where’s your inner Holden Caulfield? Gotta call em phonies!
If your mum is retired, she could get hold on some sats herself on the Cointiply faucet site. Doing surveys n letting ads run in the background. It’s a slow but steady way to accumulate sats xP
How every retired person wants to spend their time! I think she’d rather baby sit her grandchildren, hopefully!!
Obviously price is important... I feel the same way, this recent price hike to 100k made my mother finally pay attention and want some SATS.
She is now slowly unlearning in order to learn what she really needs, and has started a small DCA, looking forward to her retirement, which is not so far away now.
Impressive!
skin in the game!
Yup!
Never know what will happen. It is a good hedge either way. She is still in fiat vision, though.
Yes