Oddbean new post about login | logout What incentives will motivate people to learn how to hold #bitcoin?
I agree that fiat denominated price can be the one for someone, but I don't think that it means that #Bitcoin ETFs are good for #Bitcoin.
If it grows the brain share of #bitcoin, its good for bitcoin. Bitcoin is anti-fragile. Bad things are good for bitcoin.
Yes but good for bitcoin doesn't mean good for all of us. If Blackrock is able to buy up a majority of the coins they would have some ability to control the outcome. HODL like your life depends in it...because it does
BalckRock cannot buy the majority of coins. The coins are already distributed out. The value perception shifts when they start to try and buy them all. Demand rises. They won’t be the only demand. People will chase the gains and get rekt. All of this is good for bitcoin and for anyone using bitcoin.
The pump and dumps will continue until morale improves
Total BS..👎
Great takedown. This is NOSTR. We can have long form nuanced replies. Do better.
What the hell did you just say lol..,👺🍆👎😆🤭
It's not your place to incentivize them to hold Bitcoin. Your job is to educate them. Then let them decide what they think is best for them..😊
Education creates the incentive. If I educate, I incentivize. If you didn't learn the benefit of bitcoin, you would not be incentivized to hodl