Replying to Avatar MAHDOOD

Interesting conversation from the mandibles:

“In theory, stocks entail owning real things. Unfortunately, I didn’t take into account that most of those stocks are denominated in dollars. And I’ve been as vulnerable as the next idiot to the bias that keeping the majority of your funds in American companies is erring on the safe side. So I do apologize. Had I any idea what was in the offing, I’d have diversified quite differently.”

If/when the dollar hyper inflates, what would your stock be worth? Do you really think Fidelity or Robinhood will allow you to sell your stocks for gold or #Bitcoin?

98
Beiner 2y ago

If your Bitcoin is in self custody. You don't need to sell your bitcoin. You can just spend your Bitcoin.

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MAHDOOD 2y ago

Oh i know that. I’m just wondering what’s going to happen to the rest of the society that will not see this shit coming.

98
Beiner 2y ago

It's gonna be wild on the weekends for that etf hahhahaa and ya i get that too

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