Oddbean new post about login | logout People think Bitcoiners are just speculating. What they don’t understand is we’re speculating from a position with huge information asymmetry. That’s why Bitcoiners say to study it - you need to learn to get the information asymmetry they have.
Time pretence is what normies don’t understand
Time preference you learn through Bitcoin. Normies think #Bitcoin is like a stock tip, that Bitcoiners are no different to the GME Apes who just “like the coin”. They have no concept of ploughing 1000+ hours of study into something as arcane as the history of money, fiat, austrian economics, game theory etc. These are people who by-and-large don’t learn anything unless they have to for their job so the idea a group of people would go into such depth studying such boring things doesn’t resonate. They can’t see how Bitcoiners come to their conclusions because they can’t imagine themselves or anyone putting in that much effort.
This has been my experience, too.
Hey, those subjects are not boring 😅
Just about every day I'm ingesting content that's predominantly around finance and cybersecurity. And my normie friends think I'm always wrong about everything I warn them about, especially when it comes to finance and why they should be buying bitcoin. They literally don't do any research and yet have the audacity to tell me I'm the fool... whilst each year they say I'm the idiot, they're lose purchasing power and are suckers to shrinkflation. You just can't help some people until they're directly impacted. Then they ask "how did this happen?" And you just want to shake them.
I can handle the doubters. That’s normal for humans. I just want to be able to legally put a slug in the doubters who want to come for my wealth when they wake up to where I’m at. Because I know that’s coming, and I know the cops won’t help me one bit when it does. I’ll be on my own other than them arresting me when I defend myself. I’ve sacrificed years to get here and I know cunts will demand that be taken from me if I stay. Fuck them all. Let Australia become third world - it’s what this nation deserves at this point. I’m not giving them shit. They can kill me but they’re not getting my corn. I’d rather die than prop up this shithole regime at this point.