Nostr

Imagine putting your wealth into a CD for 5 years at 4.75% APY when #Bitcoin exists..

The lack of financial and (REAL) economics education is all that is holding Bitcoin down at these levels.

Sooner or later people will realise they can spend 100 hours educating themselves and never need to open another stock chart, never need to follow the news to sense commodity price shocks, never need to check housing auction clearing rates, never need to bother knowing what a 10 year bond will yield..

They can simply HODL the first absolutely scarce asset humanity has ever had and go live their lives as their wealth appreciates YoY as others arrive at the same inevitable conclusion as #Bitcoiners already have.

Mr⚡2MB 🐇🏴‍☠️ 2y ago

After seeing his small stash rise by more than 200%, a friend of mine decided to enter the rest of his funds into a fixed deposit that pays 25%. He says he feels safer with this high earning yield than with bitcoin.

Only problem, the inflation is around 80% 😂

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Discussion

StackSats.IO 2y ago

Poorly educated person who doesn’t understand the true nature of fiat.

Many are going to have to learn the hard way but when enough have learned the lessons the exchanges are going to run dry and the god candles will be insane.

Toxic Bitcoiner 2y ago

Can I send him one of these?