As a Bitcoiner or whatever cryptocurrency you like, you’ve probably tried to speak to normies about what you’ve discovered and want to share the news and the opportunity with others; it’s a great find, so why would you not want to do it?
I get it; I was there too, overzealously trying to preach to ears that don’t have an interest in hearing about it until, of course, I found crypto blogging where I could let out my thoughts healthily and constructively and whoever finds it can do what they want with my thoughts.
It’s hard to explain to someone who doesn’t already have the feeling that they need or won’t change unless you’ve decided that within yourself, no amount of Bitcoin talk is going to get you there.
When speaking to normies, the focus of the conversation is always about price and buying and selling; depending on what you want to get out of Bitcoin, you may need to approach it differently, which is why I don’t believe there’s one size fits all. Everyone needs to evaluate their situation and decide their risk tolerance.
Regarding how you view price as normies do, number go up, good; number go down bad, they tend to point to this as the be-all and end-all. We, as Bitcoiners, tend to apologize like it’s something wrong with Bitcoin, when in fact, that’s what real price discovery is like; it goes up and down based on buyers and sellers.
It’s like eating Mcdonalds all you like and then getting a fresh piece of steak; your understanding of meat is all wrong, so you don’t know how to view it.
Volatility is a feature, not a bug
I don’t see why we need to apologize for other short-sightedness and willingness to sell or buy. We don’t know why each Bitcoiner buys or sells; that’s their individual interest at play. When you have people all engaging in a market for different reasons, the price will move in various ways daily; that’s how all markets are meant to work; there should not be price security.
Price security should come from market confidence in an asset, not artificial money printing and buying of assets. The price reflects the HIVE mind of crypto investors and how they feel on any given day.
When you have a liquid asset like this traded for different currencies all over the world, you are going to get price swings based on demographics, politics and because it’s such a small-cap market, they seem violent now, but if we look at the trends over last 12 years, you can see it starting to harden.
Bitcoin’s success lies in your self-interest
I’ve concluded that the best way to teach people about Bitcoin is to pursue my self-interests; the more Satoshis I can get, the richer I become, the more I can do with my newfound wealth. Each year Bitcoin will make new millionaires, and that’s a good thing; each millionaire it makes or millionaire it maintains lends to its credibility.
You don’t have to prove anything to anyone, or rather I don’t; all I am doing is making a bet I think will work for me, and if I am successful, others will want to replicate it.
While many may not be able to replicate the money-making part, they will protect what they still have once remaining non-holders start to flow in.