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by LAMike 878 days ago
> That's only a good thing in dictatorships, not in democracies.

Yes, Bitcoin allows you to be a dictator of your personal finances, compared to fiat, a "democratic" system, where people you never voted into power get to press a button and print as much money as they deem necessary to "stimulate" the economy.
1 comments
NicoJuicy 877 days ago
Ugh.

Ok. So when nothing special happens in your perfect currency, it divides by 3 or 4 in value in a year.

Yeah, that seems great! Go for it!

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LAMike 873 days ago
> Yeah, that seems great! Go for it!

I mean, it is the best performing asset of the last 10 years, so yeah, it seems pretty great to anyone who has a brain.

A 98% cash and 2% Bitcoin would beat the SPY returns for any 4 year period since inception. When making investments, its important to have a long term outlook. Do you just live day to day without any planning?

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