Quote from: jostorres on Today at 09:03:17 AM

Quote from: paxmao on September 14, 2021, 11:17:51 PM

I was aware that after all the money printing and giveaways during the COVID was just delaying the payment of the crisis ´till a moment in which the economy could possibly take better care of it. However, it was certain that the true cost of the crisis was not being paid. But here is the bill: Soaring inflation, happily accepted by governments in Europe and mainly in US: 5% YoY in August.

This is bad news for most, however it is good news for bitcoin that benefits from inflation and loose financial policies. Keep hodling!

This is for those who are still looking for the need to invest in Bitcoin. Is very bad that some people never know the importance of investing their money in assets like this. Times like this will always prove it to them that they are meant to be investing their money and not just keep on holding only Fiat. I have had a lot of experience like this, and that’s why I don’t really miss my chances of investing my money. I have been investing in Bitcoin for a very long time now, and apart from Bitcoin I have started to spread out into other types of investments and it has really helped me in times like this when fiat is losing its value.

Hyperinflation is no good at all as it will leave fiat continue to depreciate in value. And when it happens, the whole citizens in a single country will definitely be affected. Even if you are the wealthiest person, i know it will still be alarming to you. So how much more with those middle class?

Bitcoin is probably the perfect solution for this. You will never be experiencing the high inflation anymore if you start investing in bitcoin and even use it as a currency. That is why if an individual wants to escape from high rate of inflation, he is most likely to invest in bitcoin and when he is making profits, if he convert it to fiat, the value will be a lot huge. Totally different if you focus investing in fiat.