Re: THIS CRASH IS DIFFERENT than previous crashes... The FEDERAL RESERVE is why....

Quote from: o_e_l_e_o on Today at 07:53:53 AM

Quote from: HardFacts on June 25, 2022, 10:41:42 PM

1. If you were hired at a job last year, and paid in Bitcoin, and your pay was actually priced in Bitcoin, at a rate of 1 Bitcoin per year, would you still be working Huh

Depends. Where do I live? Venezuela? Zimbabwe? Sudan? Turkey? Bitcoin is definitely preferable to their highly inflationary fiat currencies.

If inflation keeps developing at the rate even most of the Western world is currently facing, you might be forced to add quite a lot of countries to your list Cheesy

So maybe we are rather sooner than later all calculating in Bitcoin instead of USD or EUR! But that won't happen soon I guess as politicians will know their way out at least temporarily through elite status preserving regulations aka Bitcoin's utility suppressing regulations.