Community Trust ScoreLikely Real
Tyler Winklevoss expressed: Inflation is a pernicious invisible tax. Cash is trash. Try bitcoin.
Community Reaction: I tried paying rent, utilities, groceries, parking but they said they don’t accept Bitcoin. What should I do? I converted all my cash to bitcoin now I can’t buy anything. I am I going to make it?
Bitcoin is a great long-term investment. Doge is better for everyday transactions. It’ll be the ‘dollar’ soon.
Bitcoin is cool, except for paying things, you just can’t. Except in Salvador. People admit that there is value. If you don’t admit it. Gold and coins are just some objects.
That’s what you told me when I interviewed you. And when smart people talk, I listen. Bitcoin was at $18,000 and Ethereum was $800. Thanks for the advice.
If it ever becomes a non-correlated asset right now, it’s just following the stock market every day and is obviously used as a “source of funds” whenever investors need cash to prop up their stock positions.
Perhaps a reassessment is called for here, instead of Bitcoin think Dogecoin, a currency of the future. But even more importantly it’s a movement of positive change, one that professes equality and justice for all.
Ethereum is actually deflationary, it’s an even better hedge.
Cash is king. But to your point, liquidity is king. Bitcoin, the vaccine against inflation.
My friends don’t believe me when I say this. Hoping they believe you *sigh*
Cryptocurrency will usher in a surfeit of millionaires and billionaires just as the social media produced a superfluity of publishers – podcasts everywhere.
Isn’t deflation very bad for the economy though?
We don’t live to serve the economy; it exists to serve us. I did but there’s a network fee and I’m still paying the same amount for physical stuff. So, I’m getting taxed even more.
Inflation is a tax on the Globe. The FED’s printer is stealing wealth from everyone. Even those in other countries. They forget that the dollar is supposed to be a reserve currency.
Still pumping Bitcoin on inflation. Yes a fiat system run by government for a fiat system run by people spending money on it.
That’s not even real! Inflation is bad, sure but we are not even nowhere close to HyperInflation. And Crypto fluctuates up and down more than HyperInflation/Deflation. We can only put what we can afford to lose.
Disappointed in its mirroring on the stock market. Not an inflation hedge, that is clear. So, is it a currency or a storage of value?
No one actually spends Bitcoin. People just hold it.
