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@ EZ
2025-03-04 13:48:29
Attempts to artificially inflate demand for Bitcoin—whether through ordinals for 'crypto' people, ETFs for institutional investors, or Bitcoin Strategic Reserves (BSR) for states—for purposes other than self-sovereign savings and payments, will almost always backfire.
The reasons you use to onboard people to Bitcoin can often be the same reasons they eventually decide to leave. While it's true that this process can lead to incremental improvements in user education, it also subjects actual Bitcoin users to considerable volatility, a defining characteristic of the Bitcoin user journey.
Simply put, all pro-Bitcoin narratives appear strong when prices are rising and weak when they are falling. So, **what do the Bitcoin users actually know** better than tourists that enable them to outlast the madness of the crowds?
https://media.tenor.com/QHPiPY42oR0AAAAC/benbvolliefde-b%26bvolliefde.gif
Unlike tourists, Bitcoin users **know** that bitcoin itself is not volatile; rather, it's the valuation expressed in fiat currency that experiences volatility. They **know** that Bitcoin is not something to be blindly trusted but something to be verified. They **know** that nothing out there beats running and using your own node. They **know** that their self-custody setup is solid. They **know** that Lightning works, offering incredible UX advancement in web payments. Additionally, they **know** how Nostr empowers exploration of new frontiers on the web, revealing traditional tech infrastructures for what they truly are. And there is so much more.
Yet most importantly, **Bitcoin users know they ARE IN CHARGE** of creating a new world.
Individual agency has been reclaimed, and it matters greatly. Anyone who is aware of this shift will embrace it wholeheartedly and will be reluctant to relinquish it, if ever.
Bitcoin is not a quest of telling what people should value; it's a journey of **discovering the value of time well spent**—a life worth living.
https://i.nostr.build/0TdM9A3rzm6BSElE.png