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Quote from: Pokapoka124 on May 28, 2021, 09:10:47 AM

storing your money in crypto beats saving up in the bank.

Absolutely true. If you let your money sleep in banks even it takes years the interests are really small and only the bank benefited if you store your money on them. But this is not the case if you invest in crypto, you're the one controlling your funds and can use several strategies to maximize your profit. Though investing in crypto is risky, but it is proven to be profitable and worth it.

Haha it would be great if the interests rate were at least positive (+) small. The truth is that banks are now even raising negative interest rates on deposits. That is crazy, seriously. They want by all means that you pick up your money and either let it shrink in your safe at home due to inflation or that you damn bloodily put it into the stock market further inflating equity and housing prices. We are going to face a big fat bubble exploding right into our, yes... faces...

if fiat will continue like that then we also have to find a solution for our own security, I think by placing our money in crypto we will be free from inflation which continues to increase every year. but unfortunately this is related to government regulation, where fiat is maintained, but we will see in the future where until now the crypto push is getting stronger

There is a risk in certain ways almost everywhere. With fiat it is the inflationary risk and the hyper surveillance possibilities once it is fully digitized. With cryptocurrencies you have a whole lot of other risks that maybe regulatory or legal, but also volatility risk. There is of course also technological risk involved, which is not quite the case for fiat currencies.