Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JayJuanGee
on 27/12/2021, 20:03:56 UTC
Not really, of course, right now, but in 1981, the interest rate was 15.8%, imagine that.

Savings accounts died in 1971. Numerous investment opportunities exist for those who do their own research.

Perhaps you are correct about the beginning of the end of savings accounts in 1971, but the transition from 1971 to our present state of affairs was not totally unhealthy.. I mean we are talking about 50 years of various kinds of adapting to a lot of financially related systems during that time.

Regarding your second sentence, it seems that a lot of folks could get distracted into believing that they need to earn some kind of a yield and getting fucked out of way too many of their bitcoins, so I would be careful in playing around with more than 10% of your bitcoin stash in terms of those kinds of various investment products, and likely figuring out ways to accumulate bitcoin through less tricky and straightforward means is already going to allow folks to potentially get rich as fuck (relatively speaking) without putting too much of their capital at risk.

The pain is real…!!!



You should provide a link or a date or something.. I did a quickie look at the financial times twitter and I did not see that tweet and I did not really want to dig through it.. so I suppose that part of my point (questioning) is about the date of the tweet.