Post
Topic
Board Bitcoin Discussion
Re: I hardly have up to $100 again in all my fait bank accounts since I joined BTT
by
PrivacyG
on 18/11/2022, 11:19:39 UTC
While inflation does eat fiat value,
you do realize btc dropped from $64K to less than $17K in only a few months.

BTC losses have been worse than inflation.  Tongue
That is true, but only if you look at a particular part of the All Time chart.  If you look further you will notice we are up more than 1,000% only over the past few years.  Compare ~$16,000 to prices of 2014-2016.  That is only a few years ago.  Sure, we may be down for the past year, but Bitcoin overall has been an insanely good investment.  We beat inflation to a pulp and we were some of the very few who truly thrived.

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Regards,
PrivacyG