wolfbearclaw on Nostr: Anyone who concern trolls that “working class people can’t save in Bitcoin” are ...
Anyone who concern trolls that “working class people can’t save in Bitcoin” are disingenuous people speaking from a financial privileged point of view.
In New York they tell you Bitcoin is too volatile but tell you:
- Spend your cash on the TV
- Buy some weed!
- Robinhood is cool. Go buy some stock like the Wall Street folks!
- Play lotto!
- Buy some beer!
- Eat this garbage!
- Sign up for Fiat+ and watch these shows!
Having low incoming and buying Bitcoin isn’t a Bitcoin problem. It’s a budget and cash flow problem.
It’s a time preference problem. No one “knows” how to save.
Saving is boring. You take something you could use now and store it away for later.
Dollars can be turned into sats and stored away. Dollars funnels away from the above bullshit.
Bottom line is no one should be listening to market manipulators who have their own assets tucked away telling the “poors” what to do while they use their concern to polish their resume for a career in Washington or beyond.
Got $20? Go turn it into sats and go do something else.
Obviously if someone has no money they need to evaluate other things beforehand and this would be the case in saving in dollars, gold, collectibles, etc.
In New York they tell you Bitcoin is too volatile but tell you:
- Spend your cash on the TV
- Buy some weed!
- Robinhood is cool. Go buy some stock like the Wall Street folks!
- Play lotto!
- Buy some beer!
- Eat this garbage!
- Sign up for Fiat+ and watch these shows!
Having low incoming and buying Bitcoin isn’t a Bitcoin problem. It’s a budget and cash flow problem.
It’s a time preference problem. No one “knows” how to save.
Saving is boring. You take something you could use now and store it away for later.
Dollars can be turned into sats and stored away. Dollars funnels away from the above bullshit.
Bottom line is no one should be listening to market manipulators who have their own assets tucked away telling the “poors” what to do while they use their concern to polish their resume for a career in Washington or beyond.
Got $20? Go turn it into sats and go do something else.
Obviously if someone has no money they need to evaluate other things beforehand and this would be the case in saving in dollars, gold, collectibles, etc.