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by monero-xmr
797 days ago
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Working people could save money in a currency that didn’t inflate. If you start looking for signs of Bitcoin, you see them everywhere. Every convenience store near me has the option to buy BTC with a crypto ATM or point of sale system. It’s far easier for someone with some extra cash to buy crypto than stocks. |
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Also note that buying stocks is only marginally more difficult than opening a bank account, and investing in major index funds via ETFs is almost as good as a term deposit (with minimal long term risk of realising a loss UNLESS you are forced to access the money at some time relatively soon after purchasing).
After you have created the account, buying more is easier than using a BTC ATM.
Given the risk of a) BTC going to 0 and b) being scammed and/or otherwise losing all of your BTC I'd say everday people are much, much better off putting their money in index funds.