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I bonds are indexed to inflation (adjusted semi-annually) and exempt from state & local tax: https://www.treasurydirect.gov/indiv/products/prod_ibonds_glance.ht
by ForHackernews 6y ago
I bonds are indexed to inflation (adjusted semi-annually) and exempt from state & local tax: https://www.treasurydirect.gov/indiv/products/prod_ibonds_glance.htm https://www.treasurydirect.gov/indiv/products/prod_ibonds_gl...
But also, this is hilarious nitpicking from fans of digital "currency" that can't be used to buy anything or even moved for less than a 20 dollar transaction fee. [0]
I'll put treasury bonds up against bitcoin as a stable store of value all day. How much are you up? Getting nervous to sell, or gonna HODL strong?
[0] https://ycharts.com/indicators/bitcoin_average_transaction_fee https://ycharts.com/indicators/bitcoin_average_transaction_f...
- SilasX 6y agoTreasury bonds can’t be used to buy anything either. Are you comparing apples to apples here?
- ForHackernews 6y agoWho knows anymore? Bitcoin advocates keep changing what their thing is supposed to be an improvement on as it proves to be inferior to one traditional financial implement after another.