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Replying to Avatar TheBitcoinManual

We don't have direct access to the US stock market here in South Africa, you have to do it through shitty local ETFs and we also have capital controls, which is why a lot of South Africans hold shit local stocks that underperform like crazy in USD terms, but in local terms people think they're getting shit rich on paper

Some people still have hope in these assets because they can't see the difference between real returns and nominal returns and Bitcoin just looks like a volatility circus

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Universal Bunny 1y ago

What volatility? In the long term bitcoin always increases in buying power. One only has to look at the all time graph to see that. Guess they want to get rich quick. That's not what bitcoin is for. Hodling requires patience and a thick skin; one has to he in it for the long game.

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