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I agree with several things. The basis of everything is to study the money we carry in our pockets. Once you have studied that, you are able to see Bitcoin.
Most people do not know what money is, and they do not want to study it, which is why they find it difficult to see beyond the price of Bitcoin, or whether the price goes up or down. They still do not have the ability to see beyond what really matters.
i would say understanding gold and why it became money is more important than understanding fiat in the pocket...thats a whole separate book! and a more complex subject
I agree, but we must be realistic on this side of the world (South America). Most people only know about government money, whether it be their country's local currency or, at most, the dollar. A very small handful of people know about and have access to gold, mainly investment gold. Those who know a little about gold only own jewelry and other items to show off. These people are a very small minority. On this side of the world, there is no culture of good money and bad money, stores of value, or anything like that. Ordinary people are born and, in some cases, die knowing only one method of saving in their lives. āI work and keep my money in the bank,ā or another one I've heard recently, āI pay into a retirement fund with contributions until I retire, and then when I'm no longer working, they give it back to me in monthly payments.ā With the latter, my head š¤Æ exploded when I heard that.
I can probably orange pill 1/100 of my male peers, but have never succesfully done so with a woman.
The order that The Bitcoin Standard introduces these concepts is brilliant, and the best way to orange pill. Bitcoin is at the last part of the book.
Most people don't even understand money, and will never be able to make the leap to bitcoin without the foundation of a philosphical understanding of money and the problem it solves.
If you can explain banking, fractional reserves, and the history of protomoney leading up to and including the history of gold banking and the federal reserve, you can then orange pill successfully
practice: the more you talk, listen, and refine your ideas, the better your success rate
audience: most of my peers have a keen interest in money and making more of it -- they are usually keenly interested in the topic, and I let them talk about their investments, they invariably ask about mine and thats when we are off to the races