What is Nostr?
Jacob | Five Eye Tea
npub14zw…mw42
2024-08-12 03:55:57
in reply to nevent1q…p9ed

Jacob | Five Eye Tea on Nostr: I mean, we've all heard some of the same concerns. Concerns over the "hackability" of ...

I mean, we've all heard some of the same concerns. Concerns over the "hackability" of the network, the lack of understanding surrounding self-sovereignty, the fact that you aren't FDIC insured, the way you have to get a cold wallet if you want to get serious about Bitcoin... I know the answers to all of those but even intellectuals are concerned about that and I can't blame them because the responses are usually just "Bitcoin is superior", "Bitcoin is unconfiscatable" and so forth.

Again, I agree with statements like those but to an outsider, it really does just sound like a cultish ponzi scheme. Then, there are also the concerns surrounding the ways you obtain Bitcoin. I'm pro-BTC but there aren't any good ways to obtain it if you don't have friends who are willing to pay you in Bitcoin, and that has kept me from buying any for myself. Either you surrender your privacy AND risk your identity by buying from CEXes, you risk your money by buying from DEXes, or you pay a huge fee buying from an ATM.

At the end of the day, no matter how great this technology is, I do believe that we -- as a community -- need to be ready to answer skeptics patiently and with proper information rather than "You're not bullish enough", "Bitcoin fixes everything", "all others are s***coins" and other such vague/cultish/goofy statements. We don't win people over by making them feel like idiots. Not every skeptic is a troll, and unfortunately, I've seen so much ridicule toward people who genuinely might have been interested before then.
Author Public Key
npub14zwvjvf0ztfp8hlwzv2hqtpjhaugwrgecrvlwrggq2vj8kdd36tscjmw42