Hacker News new | ask | show | jobs
by KetoManx64 7 days ago
A financial bubble.. Like the one caused by the inflation of the dollar to unimaginable levels? 1/2 of all dollars in existance have been printed in the last 6 years.

I would much rather have hard asset like Bitcoin, that is backed by the biggest computer network that has ever existed, that has a hard cap of 200m, than Federal Reserve IOU notes that can be printed ad-infenitem with zero recourse from you and me other than being made more poor.

1 comments

I am guessing that Bitcoin crashing would be bad new for ya.
Not at all. I started buying when it was $5000 a coin and am staking my retirement on it going to $500k-1M in my lifetime.