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@ Tony Acid
2025-06-04 09:46:46
Imagine all savings you have is only to provide for your family for next month.
Would you put everything in Bitcoin and risk 30-50% loss in purchasing power short term?
Ok, so maybe 10% in Bitcoin for now?
Ahh, you never heard about Bitcoin.... but you heard about dollars, they are better than local Lira. (You live in a small savanna village in Africa or in the Mountains in South America.
No access to the bank, no Bitcoin exchange).
Sorry, there is a bank in next village, but they have only Lira. For dollars charge 2x more than in the west.
Your uncle, family member emigrated to the west to save money and support your family.
He has dollars, but no way to send it to you.
Sending dollars to the village cost a lot, there is also chance someone will steal it on the way.
Your uncle says to you:
- download Aqa Wallet for free, the app. I can send you dollars, very cheap.
You download the app, receive dollars.
Happiness! Uncle sent dollars! We can buy books, pay for internet access in next village, etc!
Then you say back to uncle:
- Thank you! The app is great! But what is that Bitcoin thing in the app?
Uncle says:
- its the new emerging money, better than dollars, but the price changes a lot short term. You can put small percentage of your dollars into Bitcoin in this app. For long time it will pay off and with small percentage you don't risk much.
Then go to next village, use internet and read more about Bitcoin on hope.com
Four years later
.
.
.
.
you reach out to your uncle and say:
- yo uncle! This Bitcoin thing is amazing! I put 10% of dollars into it, now I have more than dollars! It's much better than dollars!
Unfortunately, people in the village still want dollars. But I can use the app and change to dollars anytime if they want. Also, now I have more time to tell them about Bitcoin!
The end
ps: ~ four billion in world have no access to traditional finance, they need sound money as much as we do. They also heard about the dollars, never heard about Bitcoin...