I love it when governments sell bitcoin for fiat they can print for free. It’s the ultimate Darwin test, thankfully they are failing.
Tradies work hard so they should insist on being paid in hard money. Like professional athletes tradies run the risk of injury pausing or halting their careers so a stack of bitcoin that grows in purchasing power is a good safety net. Accepting bitcoin is also a differentiating point that will appeal to potential customers that are Bitcoiners. I would hire a Bitcoin tradie over a normie. Tradies are a great way to boost the circular economy.
Yup this is the way. Five years ago I had some spare cash. Half I put in bitcoin half I put into single family rental properties. Bitcoin is just so much better. Experiment over, I just started the process of selling the properties to buy more bitcoin. I can’t believe I am the only one who is thinking this way.
Looks like the Yen is putting in new lows against the USD not seen since 1986. Hope they are buying Bitcoin.
Great news the less in the hands of government the better.
Trade $25 fiat for bitcoin, then wait 4 years.
At least till next payday
So with a market cap of ~$1.3T, if $0.6T have been spent in all time the Bitcoin network delivers a 2.2 : 1 return on investment over the long term. Nice. Quite different from the 50x or 100x multiplier numbers you see thrown around.
Actually 7.4%, it’s multiplied not added.
Looking at the Yen right now I don’t understand how Japanese people are not panicking into #bitcoin.
When the pain comes slowly it doesn’t really motivate people, they just hope and endure. When pain comes fast enough to see the change the smart ones extrapolate into the future, plan and act accordingly. Even so many will find it hard to take a small leap into the unknown, the majority find comfort in the known even when it’s disaster.
I get paid on Friday and I’m converting 100% regardless of fiat price.
If you can consistently save 10% of your pay, and Bitcoin does 10x every cycle, you can get there in about 12 years starting from scratch.
Payday is not till Friday, please keep bitcoin price suppressed for another 3 days.
Hi Scally Wag try this http://bitcoincompounding.com