191 sats \ 2 replies \ @Brunswick 15 Oct 2022 \ on: Why Bitcoin? Let's hear your 30 second elevator pitch bitcoin
You're thinking past the sale and this is why people fall into the shitcoin honeypot. You are speaking from the position "bitcoin is money" and that is the hurdle people need to vault.
Why is bitcoin money? You first need to distinguish between currency and money, as Saylor has aided us to understand. Money is anything that is a store of value, whether it's a good or bad store of value doesen't change that its money. Currency could be money, but the currency we have today is not.
Our fiat currency is a system of debt dependent on agreements and trust that a person will work for this fiduciary medium and only because they trust other people will keep their indebtedness agreements and will need this paper to keep repay their promise. All this is dependent on a functional judiciary and a "way to keep people honest" with force.
Then you can explain why bitcoin is the only true limited quantity that comes into existence through application of energy and why any replica can only be a counterfeit.
Hard to squeeze that to 30 seconds in an elevator
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There will only ever be 21 million.
You can send it anywhere in the world in seconds, and the reciever has final delivery and posession.
We aren't going to find a giant deposit of bitcoin in Africa or on an asteroid.
Elon Musk and Robert Kyocera both have significant holdings.
Boomers aren't interested in it because they won't live long enough to witness its potential.
Boomers aren't in the habit of planting trees for their great grandchildren.
All you can do in an elevator is whet their appetite, not dive into philosophical debates. If they want more information you can talk about what money is in the hallway, then send them to SN.
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