Post
Topic
Board Economics
Re: Can one achieve financial independence through crypto currency?
by
Gyfts
on 24/02/2023, 23:22:46 UTC
They can also provide hedge against inflation and currency devaluation.

This alone allows for Bitcoin to provide financial freedom. It's hard to see anyone content with the current inflation rates for major currencies and to recognize the systematic reduction in purchasing power and incorporate crypto into your currency holdings is about the greatest independence you can gain.

I'm not knocking fiat itself. It's the controlling powers that operate at the big banks who manipulate the currency for their own gain. If fiat currency had physical backing, I wouldn't be so opposed to holding it.

Of course, that's not the world we live in.