Replying to Avatar peter

My dad says it’s wrong to put all my savings in bitcoin since dollar value of bitcoin decreases in a recession. His example was March 2020.

I keep telling him that 1 bitcoin = 1 bitcoin and I’ll own the same amount of bitcoin coming out of the recession.

I love these convos with my dad but sometimes it gets really heated 😂😂
9c
nobody 2y ago

He could probably make a better argument, because it wasn’t Bitcoin that shut down the globe due to getting its panties in a wad.

Reply to this note

Please Login to reply.

Discussion

Avatar
peter 2y ago

Yeah 💯 And he doesn’t get that bitcoin doesn’t have counterparty risk. I’m still working on explaining that to him.