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You can't invest your savings, which means that your pile will shrink at the pace of inflation. If you have a lot savings (say you're close to FIRE), the money
by cyberdrunk 6y ago
You can't invest your savings, which means that your pile will shrink at the pace of inflation. If you have a lot savings (say you're close to FIRE), the money lost this way can be a nontrivial portion of your compensation.
- xtracto 6y agoWith Compound you could invest using crypto. And use crypto ATM for transacting.
- sand_castles 6y ago> bitcoin enters chat. On a more serious note there are million and 1 ways to hide your footprint.
- emteycz 6y agoYou can invest, although in China.
- londons_explore 6y agoYou can use it to buy stuff, like property, or gold. That's an almost equivalent investment.