Replying to Avatar Mucky the Moose

We know about the transaction fees paid when debit and credit cards are used... But the US government is stealing 6-8% of the value of your cash each year.

... as long as you do not hold your cash longer than a month, I suppose you could say that you 'retain 100% of its value' ... but if you hold cash long term the value melts away. The government guarantees that you slowly lose value, while keeping you focused on those evil bank fees. (...which are a lot less evil than the government.)
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unknown 1y ago

Ok....but the bitcoin fees and constant price fluctuations can be worse for businesses. Business still may have to pay taxes on top of all the bitcoin fees, price fluctuations, etc.

Inflation sounds like a much safer and predictable bet than throwing your money into bitcoin which is manipulated by the elite

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Mucky the Moose 1y ago

Very true. If you have to sell bitcoin, you needed to keep a larger % of your savings in cash.

Keep BTC reserves for at least 4 years (preferably 10) ... Over any 4+ year period BTC always went up... usually a lot.

Every business is different... your cash to BTC ratio will vary.

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unknown 1y ago

Please start business to prove it.