Yeah, made this point, early.
Of course, if we'd kept it in fiat, we wouldn't be better off because interest wasn't covering storage.
Yeah, made this point, early.
Of course, if we'd kept it in fiat, we wouldn't be better off because interest wasn't covering storage.
On the other hand, there's a recession coming and deflation tends to drag down hard asset prices in reserve currencies, so braces yourselves. 😬