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by New_California 1508 days ago
Get a better job ASAP. Passive income, to large extent, is self-help bullshit. Any business or investment requires attention.

Once you secure "normal" income, save up in Bitcoin. This will at the very least protect your purchasing power against inflation. With a little bit of luck your purchasing power will grow as Bitcoin gets adopted.

2 comments

Any asset that you can resell (Real estate, commodities) is a hedge against inflation. Bitcoin isn't special.

Putting all your eggs in the Bitcoin basket is risky because it will likely collapse because it's a less than zero-sum Ponzi scheme. It's arguably good for short term speculation but not long term investment.

To the person who downvoted, we will come back to this thread in a few years to see who was right about Bitcoin. Brace yourself.
You sound quite confident in predicting the future. Also, is it very ethical to promote these environment-destroying distributed database entries?