Post
Topic
Board Economics
Re: Is it better to save money or invest it?
by
Harlot
on 24/05/2017, 16:24:31 UTC
better to invest in bitcoin, gold maybe more secure, but bitcoin has more potential to grow

saving money in the bank, will only mean losing them in the long-term with the current high inflation

Whether by investing in bitcoin there is no risk of inflation? Sorry i'm still a newbie about bitcoin but i hope you can explain to me about this, i will be very grateful to you
THANKS
Inflation is sort of an outer thing to Bitcoin. Because the Inflation Rate affects money as a whole, it is the main reason why a dollar can buy less and less products every year. On Bitcoin's side I see that if the growth of the price of Bitcoin is always greater than the inflation rate I say that Bitcoin won't be affected by such rate as you can still buy the same stuff without being affected by the price increase due to the inflation. But Bitcoin is still vulnerable to inflation just like any currency is in the market.