Damus
nostrich profile picture
nostrich
The inevitable sad future of #bitcoin in Australia isn’t good

I get asked all the time why don’t I share/push more with how I accept as payment for service, corporate balance sheet…. Practically a real #bitcoin user as currency and store of value

Truth is: Australia is a Lotto nation, gamblers in just about everything

X Lotto, Horses, Crown Casino, Poweball, Scratchies…. Basically the degens of the world 🌍…. Hate me for that if you want, I don’t care as you can’t deny that

For every one GOOD investor there are 200,000 gamblers

If you offer Bitcoin leverage to an Australian, they’ll take it at 100 x more if you offered it

If you offer 0.01 #bitcoin and say build on it? ZERO INTEREST

Why do you think CoinSpot is the nations leading exchange? Casino Coins, memes and the very best VC gamble tokens on shitty Solana networks and BNB

Australia are a nation of Gamblers and will never be a #bitcoin nation

BUT!!!! Australia have some of the best Bitcoiners in the world, best stackers, devs and Holders

The BEST!!! But we live in a very degen gambling nation

Do with this what you will

But passing on #bitcoin knowledge to most here is a waste of your time… spend it developing your own #btc
Strategy

You won’t change the lotto nation

But like they did with Gold…. Rich in when it’s at extreme all time highs to buy

Australia is the X lotto nation…. Not the #bitcoin nation
3
Jake Woodhouse · 10w
Most places are like this I reckon. UK where I grew up is similar...