Michael Saylor expressed: We need to educate 9 in 10 Americans about Bitcoin.
Community reaction: Why should Americans be educated only about Bitcoin, why not about crypto as a whole? Because Bitcoin is the mother of all coins. Those who do not agree will have to get educated to know more. Those who have spent hours researching and learning about Bitcoin will not have any kind of short-term attachment towards the short-term price volatility. They will understand the reason behind HODL BTC.
Why only Americans, in reality the whole world need to be educated about cryptocurrency. Getting to know Bitcoin is a great way to believe in the future.
In the current scenario, literally everyone gets mad at people who talk about bitcoin. The anger is frustration in disguise and with time users will begin to understand. It is better to understand Bitcoin late than never.
Those who whine about not having money to invest in bitcoin should relook the ways they are spending and they need to stop wasting so much money on dining outside and they should be actively investing in BTC in order to change the trajectory of their futures.
Financial education will help people with an idea of how less can be made in to more with little forethought and attitude change about investing and about having a financial goal.
Too many people know a little bit about something and think they are right, but know not enough to understand they are wrong. It is important to turn data into information, information into knowledge, and knowledge into wisdom. That is bitcoin all about.
“Inflation is an insidious tax that less than 1% of the population understands.” -Warren Buffet
It is important to know that inflation is not transitory. And, Bitcoin is the key to help. BTC is not something which people should sell when the price reaches the top, Altcoins are to be sold when price reaches the top. BTC should be considered to be on HOLD forever.
Even rigorous education might not be enough to accommodate the billions of people to join the bitcoin disruptive blockchain tech industry in 2022. To help people understand they need to be educated about inflation too.
There is so much selling in the cryptocurrency space, they are selling to take away what they can because they are broke due to inflation and fears about it. There are bills to pay and mouths to feed and people are not taking the time to understand BTC.
There need to be more convincing narratives on how BTC is he best hedge against inflation.
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