Post
Topic
Board Economics
Re: bitcoin wasn’t created to make you rich. It was created to make you free
by
Fortify
on 30/09/2021, 16:12:46 UTC
I hate that I cannot save money effectively because our government loves to inflate problems away at the expense of my savings... bitcoin and altcoins are our greatest hope in returning power back to working middle-class people.

your thoughts?

People who come up with thread titles like this clearly have a lot to learn about life and finances. Bitcoin doesn't make you free at all. Just like a dollar or a peso does not make you free. Accumulating enough of any currency that can support your desired lifestyle is what gives you the freedom in life. Every currency is just a store of value that we exchange for goods or services. Bitcoin doesn't produce anything either, unlike investing in a company that produces goods or does something for people, which can then return it's profits to shareholders (aka the owners). The only way the value of your Bitcoin goes up is if you trade your local currency for more, or the price changes due to factors entirely outside of your control.