Post
Topic
Board Economics
Re: Bitcoin is urgent. Argentina is printing free money too
by
BitHodler
on 06/05/2019, 13:09:58 UTC
when a currency is being floated too much into the market, it lose value easily
Too bad the mass doesn't respond to fiat printing until it's too late to act. Investors are familiar with how the current financial system works and consistently outperform the rate of inflation. These people don't suffer.

I am glad that Bitcoin lowered the bar for the average joes because they get more interested in economics too. I got more interested in economics purely because of Bitcoin, otherwise I wouldn't do much better than the average person.

Bitcoin isn't only an anti inflation asset, but also a currency at the same time. You can spend your coins to benefit from the increase in purchasing power throughout the years. What other asset allows you to do that?