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by KetoManx64 7 days ago
Your "no international fee bank account" also inflates away at 8-10% a year if you're holding US dollars in savings. And about the same or more for other currencies. The Federal reserve has printed 1/2 of all dollars in existance in the last 6 years, and deflated the value of your dollar by around half.

While I can buy a cup of coffee with bitcoin, I'd rather use the federal reserve notes that are backed by nothing but empty promises from government institutions that look down on you.

1 comments

Somehow dollar held in banks inflates away savings but bitcoin that is down 15% in 5 days is safer? Hilarious
Bitcoin is down 15% after being up 10,000% in the last decade... while the dollar is worth 50% of what it was 5 years ago. If you bought bitcoin at $10 or even $1000, what do you care if it drops down to $60k for a week?

The world must be very confusing when your time preference and economic scope is 1 weeks worth of data.