Having a Bitcoin Epiphany is a special gift and a very valuable thing. Once unlocked it has the power to change your life financially in the long term and upgrade your personal perspective immediately. The frequency of Bitcoin epiphanies favours the poor.
The working poor, not the working wealthy or the fiat-endowed. This is because it’s easier to let go of fiat if you don’t have any of it to let go of. If you have spare fiat supposedly storing value and if you have dedicated a large portion of your life and energy to attaining fiat it is much harder to accept that this may have been done, at least partly in vain.
In addition to this, if you are cashed up and full of fiat, or achieving more than average in fiat terms, then it makes sense to justify it and feel empowered by it, to disregard and cast off fiat is self-deprecating and feels destructive.
In a way, the fiat wealthy must let go of a part of something that has reinforced their ego. This is why it can be delicate and difficult to convince people of the good in Bitcoin. Time is needed and we are figuring it out as we go. The good thing with this psychological barrier is 'number go up' can fix this.
One year a poor person might realise that all the work they have done in their life prior is worth less than what their bitcoin savings has become. Bitcoin has gone up. This forces some reflection I call a Bitcoin epiphany, some bitcoiners never get this. In this state change all the choices that you have made about where to spend your time and how you relate to family and the future of humanity are affected.
If you're rich this Bitcoin epiphany is mathematically less likely to happen. Your other assets and income are so high that even if your bitcoin goes up 100x you will likely not feel the full life-changing effect. The wealth change needs to grab you by the heart to truly make a difference in your financial perspective. Most people's fiat jobs and savings now will become irrelevant in terms of Bitcoin in the future. For wealthy people, it may take decades or even generations for them to go broke and they might have to wait till they get there to have a Bitcoin epiphany.
