Post
Topic
Board Economics
Re: Crypto vs Fiat
by
goldade
on 03/06/2021, 13:52:23 UTC


If you understand this picture, congratulations, if you don’t , then you don’t understand money , no matter how much you have in the bank.
#Bitcoin  is down 4% today. But next few months BTC could pump 400%.  Pump or dump, storing your money in crypto beats saving up in the bank.

What you wrote is simply a way of saying Gold is a good store of value and so we should accumulate as much gold as possible. While I understand your point, your objects of comparison are absolutely wrong.
While you want us to buy crypto instead of fiat, you compared fiat with gold.

Anyways, crypto is better than fiat not only in the fact that it's a good store of value, the other benefits of bitcoin over fiat such as anonymity and low transaction fees are more than enough to use bitcoin over fiat