Hacker News new | ask | show | jobs
by qeternity 1944 days ago
Ok, is Bitcoin a super speculative investment, or a savings account? Now you're just moving goal posts.

Ironically, crypto's returns are all due to Tether...which is purely inflationary printing. USDT is what you'd get with the USD if the Fed were run by actual criminals.

Let's chat in a year.

1 comments

It's not that it's a speculative investment, it's that the dollar is continuously plunging in value and taking everything tied to it down too.

BTC (and several other cryptos) are the only safe place to store money in the long term.

> Let's chat in a year.

Indeed. No one who's bet against crypto has come out looking prescient.