Quote from: aysg76 on December 27, 2021, 08:38:39 AM

Quote from: Hydrogen on December 26, 2021, 01:21:54 PM

I do not understand why they publish these statements.

1. Those who actively read and educate themselves would never fall for this news headline. They comprehend what the term inflation protected asset means (even if a bank of england publicist does not).

2. The demographic that does not read or educate themselves, might believe this headline. But those people never read, and in never reading, would never see it.

That's the problem that still vast majority of people have gone in flow to believe that their currency is becoming strong in world market.For instance people living in US,UK, Canada and some developed nations tend to believe they can spend more in other countries as the third world countries and underdeveloped countries have very low rates because of many reasons but in actual they never see that their legal fiat has lost so much in value overtime and the inflation rates have killed them slowly.But the problem they see is when the conditions go out of hands and the government imposes emergency declaration and then they curse them but it's all in vain.

BOA and other who have built their fiat bubble across the society couldn't see it burst by the Bitcoin and people knowing the reality of their currency that how much it has depreciated over time.The people who are educated about bitcoin will gain knowledge about how it could help them a lot in coming time as hedge guard against inflation due to it's deflationary Nature.There is nice comparison which shows that $1 USD could buy you complete loaf of bread and other items in the past but now it could not buy you daily items with few dollars also because of inflation but on the other side one bitcoin in the past was equal to loaf of bread but now see you could even buy Tesla with it so tells what is best investment?

This is difference which Bank of America and other government officials will hinder you to see it but if you are educated enough to put light on it then you will believe in bitcoin.

I really like this table of fiat and Bitcoin explanation, it's revolving and showing that fiat currency is reducing in the values when we turn to another year, while Bitcoin is continuing to have value every year so the different is very clear that the values of fiat currency irrespective your country is depreciating in value Everytime, what you purchase it this year by two years it can't afford it, while Bitcoin is affording what it happened to get multiple times with 1btc, so it's important to value and adopt bitcoin than fiat currency from my own perspective.