Of course we are early: we hear that every day.
However, it's when you have a real-life interaction that proves it, that you fully realize we are soooo early.
I manage a Cafe, in a small town in regional Australia (I'm a foreigner from Europe).
Today, as I was chatting to one of "the regulars", I told them about the imminent launch of my website.
"What's it about?" She asked
"It's about finance " (I know, very vague term), I said. "Bitcoin, specifically. I want to be a Bitcoin educator and a freelance writer."
She laughed.
"Come on mate, that's not finance! Are you trying to make some money off of other people?"
That's when it clicked. Man.. we are indeed so early. On one hand, that's exciting.
On the other hand, it's disheartening. How long will it take, before the average person understands, on a surface level, what Bitcoin is?
Will mass adoption ever happen?
It's a long, long road. And that's why I do what I do. That's why I have written a complete, free guide on Bitcoin. So that newbies can start digesting some information.
Posted by Sad-Pain-795
13 Comments
Love this! Congratulations!! 🎉🍾
I think it will click for them once TradFi institutions integrate it and they get easy access and can start to understand it / see the benefits. I don’t think it will take too long for that to start happening.
I’m not sure the average person will ever understand it, much like fiat today. Most people have no idea how inflation works and how it’s the reason everything keeps getting progressively more expensive. With institutional and government adoption (which we are already seeing) people will be invested in it without even knowing it.
Anyone who understands, believes, and invests in bitcoin today will reap the benefits once full adoption is realized 🙂
Mass adoption has already happened. Â Countries hold it as a reserve asset. Â Paper Bitcoin is in retirement accounts like paper gold is. Â
Now say it in « S’trine »
I chatted with a bank employee. There was a low-level official at the bank. This man was controlling transactions that weren’t authorized by other bank officials. I thought he was a supervisor. He wanted to chat with me. I brought up Bitcoin, and he said he knew nothing about it. Yes, we’re early birds.
Want collaboration?
I have been labelled as “in the business” and “promoting bitcoin” because people don’t understand the point of decentralisation: anyone can join in talking about Bitcoin because it’s truly a grassroots movement. I can start a business for Proof of Sheila and sell my comics and merch and make some $ on Substack from my writing, etc. and it’s all just powered by the *idea* of Bitcoin. It’s amazing.
Congrats on your new website OP, what’s it about, in more detail?
This is why we hate when people conflate bitcoin and crypto. The uneducated don’t know the difference between fart coin and bitcoin.
Somewhat early, but the 100x gains are unlikely. 10x in 20yrs maybe
Imagine thinking fiat is finance.
How old was she?
There’s a reason why OP works in a cafe