I feel bad for all my people that think a savings account is gonna make them rich. They keep telling me they don't need Bitcoin, because they know how to save
Discussion
It should technically be called a slow depletion account!
It's quite literally a loan with interest you lend to the bank. Just call it a fucking loan.
I prefer less liquid assets. Savings doesn't keep up with inflation these days. They used to make money though.
Bitcoin is interesting in just how liquid it is for such a store of value.
When and as time goes, that people realize this, people will not hold their money in cars or real Estate, or even jewelry
My mate bought 2 BTC when it was $16K he also bought a watch for $50K cos he thought that was a more sound investment.
Now his Bitcoin would buy 3 watches ๐
I think heโs regretting his life choices.