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Well if the FED and the ECB weren't printing tens of thousands of millions of fake money every month and calling it Quantitative Easing I might have agreed mayb
by Findeton 6y ago
Well if the FED and the ECB weren't printing tens of thousands of millions of fake money every month and calling it Quantitative Easing I might have agreed maybe. Truth is government issued money is worth less and less over time, as the scheme is designed to create inflation and thus make government debt sustainable by robbing everyone else's savings year by year.
- solinent 6y agoIt seems to me the investment community has accepted bitcoin at this point, with major institutional investors finally buying in now--1 billion from microstrategy, for example--so expect to see it go up more. I think it will keep going up until it gets regulated, I'm sure they'll continue to find ways to "increase liquidity" despite Bitcoin.
- FabHK 6y ago> Truth is government issued money is worth less and less over time Yes, that's the deal with money, which incentivises you to either spend it or invest it in productive (unlike BTC) enterprises. As it happens, inflation has been very low, arguably too low in the last decade+.
- deleted 6y ago[deleted]