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This implies that your retirement savings are in cash, which is inaccurate for most folks. And certainly, I'd rather have it invested in the stock market than
by Spoom 5y ago
This implies that your retirement savings are in cash, which is inaccurate for most folks. And certainly, I'd rather have it invested in the stock market than the wild fluctuations of the crypto market, especially with its uncertain withdrawal ability and complete inability to recover if someone steals it (which is, again, typically much easier with crypto than a brokerage).
- danuker 5y agoThe previous comment said cash is stable. I was illustrating that it is stably losing value.
- kravens_last 5y agoWould you rather stably losing purchase power at a predictable pace over time (fiat) or exponentially unstable purchase power in perpetuity (bitcoin)?