BitcoinGus on Nostr: 100% of people who have ever heard the word BITCOIN in any context (good, bad, or ...
100% of people who have ever heard the word BITCOIN in any context (good, bad, or ugly) and have never owned a single #satoshi have NO IDEA that the purchasing power of Bitcoin is going up forever and that no other asset (or investment) will ever beat bitcoin's performance over the long run. These folks are Level 0.
99% of those who own any amount of Bitcoin still have no idea that the purchasing power of Bitcoin is going up forever and that no other asset (or investment) will ever beat Bitcoin's performance over the long run. These folks are Level I & II.
For a Level I Bitcoiner, just about everything else (99%) in the investing world is more attractive than Bitcoin. These folks like dabbling in Bitcoin, and they find the subject worth keeping an eye on!
For a Level II Bitcoiner, there's skin in the game! These folks understand that Bitcoin may be the single biggest asymmetric bet of their life. Yet, their net worth (~80 to 90%) is solidly anchored to traditional (#TradFi) investments.
Level III's are those who will never surface from the Rabbit Hole. There's no mistaking a crypto grifter or scammer for a genuine Level III Bitcoiner! Level III Bitcoiners have been down the rabbit hole for 2,000+ hours and have nearly all of their Net Worth (~ 80 to 90%) in Bitcoin, #BitcoinETFs, $MSTR, and other Bitcoin proxies.
Level IVs must exist in the wild, but I haven't met or heard of one! Have you? 100% of their Net Worth is in Bitcoin. No ETFs, no Proxies!
99% of those who own any amount of Bitcoin still have no idea that the purchasing power of Bitcoin is going up forever and that no other asset (or investment) will ever beat Bitcoin's performance over the long run. These folks are Level I & II.
For a Level I Bitcoiner, just about everything else (99%) in the investing world is more attractive than Bitcoin. These folks like dabbling in Bitcoin, and they find the subject worth keeping an eye on!
For a Level II Bitcoiner, there's skin in the game! These folks understand that Bitcoin may be the single biggest asymmetric bet of their life. Yet, their net worth (~80 to 90%) is solidly anchored to traditional (#TradFi) investments.
Level III's are those who will never surface from the Rabbit Hole. There's no mistaking a crypto grifter or scammer for a genuine Level III Bitcoiner! Level III Bitcoiners have been down the rabbit hole for 2,000+ hours and have nearly all of their Net Worth (~ 80 to 90%) in Bitcoin, #BitcoinETFs, $MSTR, and other Bitcoin proxies.
Level IVs must exist in the wild, but I haven't met or heard of one! Have you? 100% of their Net Worth is in Bitcoin. No ETFs, no Proxies!