My No-Coiner and „I allocated 2% of my investment portfolio to bitcoin“ friends miss an important point. With near-perfect money like #bitcoin, all other instruments for maintaining your purchasing power become obsolete. Investment is not required to offset monetary inflation; saving is enough.
Bitcoin acts as an economic battery, which stores the economic value created in the world. By holding bitcoin, you benefit from the productivity of everyone else using it. It acts as an ETF on global ingenuity. I published a new article for EuropeanBitcoiners.com on this.
“Bitcoin is an ETF on global ingenuity”
https://europeanbitcoiners.com/bitcoin-is-an-etf-on-global-ingenuity/