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Money isn't complicated. Save money, invest it into index funds long term, don't spend more than you earn, make sure you purchase a property, and never rent. We
by Apofis 5y ago
Money isn't complicated. Save money, invest it into index funds long term, don't spend more than you earn, make sure you purchase a property, and never rent. We got through COVID due to monetary policies the Federal Reserver, White House, and Congress enacted, all levers that would disappear in this "paradise" crypto nerds/enthusiasts sell where our government loses all control over money.
Further, Venture Capitalists borrow money from Investment Banks who borrow money from the FED, how do we all envision this process working if our government can no longer issue money? A nebulous "DAO" with smart contracts? I'm not sure I'm comfortable with that.