Two years ago, a conversation with an older man in his 60s took place while Bitcoin was priced around $20K. He dismissed my viewpoints immediately, stating:
Fast forward to a few months ago, and I suggested that Bitcoin could be the world’s best asset—not just for him, but for his children and grandchildren's future.
Bitcoin is worth what one is willing to pay. He believes he’s outsmarting Wall Street and those who have dedicated extensive time to studying the asset, while he focuses solely on its price.
Two years ago, a conversation with an older man in his 60s took place while Bitcoin was priced around $20K. He dismissed my viewpoints immediately, stating:
Heard this so many times...
Fast forward to a few months ago, and I suggested that Bitcoin could be the world’s best asset—not just for him, but for his children and grandchildren's future.
He waved me off, responding:
This wasn’t a genuine inquiry. He was more interested in being right than understanding the market.
When Bitcoin touched $30K in 2022 and 2023, he dismissed it entirely. His fixation on the $30K figure seemed completely arbitrary.
Some individuals cling to their egos, seeking to prove their correctness at all costs. Admitting mistakes is not in their playbook.
What gives him confidence that he’ll actually buy Bitcoin when it supposedly retraces to $30K?
Bitcoin is worth what one is willing to pay. He believes he’s outsmarting Wall Street and those who have dedicated extensive time to studying the asset, while he focuses solely on its price.
I am a rare sort of baby boomers.