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If you had securities investments in 2008, your money is fine, as long as you held it for a few years before or after 2008. Only if you cashed out stocks in 200
by goialoq 9y ago
If you had securities investments in 2008, your money is fine, as long as you held it for a few years before or after 2008. Only if you cashed out stocks in 2009 or sold your last house in 2010 would you be hurting.
For the larger economy, there's no reason to expect Bitcoin would promote general economic health/growth more than national fiat currency.
- agottem 9y agoStocks only recovered because of unprecedented money printing by central banks across the world. That experiment is, at best, half over. I'll trust in bitcoin, thanks.
- etr-strike 9y agoStocks only recovered because of unprecedented money printing by central banks across the world. That experiment is, at best, half over. I'll trust in bitcoin, thanks.
- Aunche 9y agoThat's not an entirely accurate representation what the Federal Reserve does, but even so, it's their job to issue bonds, which helps regulate the economy.