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> People save their entire lives with their time and health and then the government debases everything they worked for. We just printed something like 6 trillio
by tablespoon 6y ago
> People save their entire lives with their time and health and then the government debases everything they worked for. We just printed something like 6 trillion. Thats why people around the world like bitcoin. Governments and central banks have no self control, they answer to politicians who want to stay in power and therefore spend.
Even if that was a serious concern, there's no need for a glorified ledger that consumes the power of a moderately sized country to solve it. Literally any non-cash asset is a hedge against inflation, including things like stocks and real estate.
- kreetx 6y agoCan't stocks be dilluted? And real estate is much more difficult to buy or evaluate. Bitcoin (or some other cryptocurrencies) you can simply buy without much hassle.