I still can't believe it when people at work tell me they still think bitcoin is a bubble that's going to burst and become nothing or when they compare it to beanie babies or tulip bulbs. My response is always that I owned beanie babies and I don't remember them becoming economically life changing... they were cute But that's it. 🤔 oh well they will all learn one day.
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that's funny, I kind of get the same feeling with some of my friends or coworkers. I always tell them that bitcoin will be a bubble for them even when it is 100K lol. What they are doing is losing their opportunity to profit from it. I tell them that 2% of the population is on it only and more will join, so it's not a bubble because it's always getting more and more. I also say that governments are coming out with their own cryptos which will be centralized and not decentralized, so we are all going to be forced to be in cryptos anyways. I changed someone's mind with that explanation.
That's a good explanation. I think a lot of people cant see a world without the dollar. My mom brought up that my grandpa said they tried to get rid of the penny at one point. Currency change is all kind of dead. Go to most banks to turn your change in and they'll turn you away. It's a crazy world we live in but it will be interesting to see where it all goes.