Quote from: Velkro on August 29, 2020, 07:23:55 PM

Quote from: roadrunnerjaiv2025 on August 29, 2020, 05:12:42 AM

The dollar continues to plummet as the U.S. struggles to reopen due to the pandemic
Being the worlds reserve currency, however, the dollar is expected to maintain its strength and recover from the downturn as soon as things get back to normal.
More and more people are starting to perceive bitcoin as a store of value

All of that is true, but its not that easy to worlds reserve currency maintain its strenght/value while printing like MAD.
This is real problem, everyone but USA mostly printing like mad lads. Value of currency beign printed this way plummeting, other resources price going up (gold, BTC etc.)
Dollar wont recover from that easily. I dont think its even possible, especially now while crippled economy from covid.

Thing is, many countries are printing like mad to flush money up from the poorest. This is not socialist propaganda or whatever, it's just what seems to be happening. Other countries do better. Not all countries are printing like mad though. But what better way to build an alternative road to the impending overinflation of many world curriencies than by buying bitcoin with those savings.

I can say now I'm confortably at 50% btc savings, 40% in my local fiat currency (EUR), 10% in a few different FIAT currencies.