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2025-03-09 18:09:36 UTC

alanbwt on Nostr: It is most accurate to think of these as phases of the same man, rather than ...

It is most accurate to think of these as phases of the same man, rather than fundamentally different types of men.

Everyone starts as a no-coiner, dips his toe in to become a Bitcoin tourist, and eventually becomes a real Bitcoiner, so long as he lives long enough.
I’ve noticed three distinct responses wrt the Strategic Bitcoin Reserve.

No-coiners: Totally unaware. Didn’t know it happened. Couldn’t tell you the current Bitcoin price either.

Bitcoin Tourists: Bummed the announcement didn’t instantly pump their bags. Anxious the top may be in this cycle. Considering selling some.

Real Bitcoiners: Euphoric, bullish, regardless of short term price action, knowing the long term paradigm shift to a Bitcoin standard is well underway.