Post
Topic
Board Bitcoin Discussion
Re: Will Michael J Saylor become the richest man in the history of mankind?
by
WeThePe0ple
on 22/04/2023, 14:16:16 UTC
If the monetary system collapses there is going to be pain, a lot of pain, and if you have a lot of Bitcoin or money in general it better not be noticed.

I think there is already a lot of pain now due to the fed raising rates. Lots of young people have taken cheap loans for overpriced houses.
As mortgage rates go up, housing prices should come down. So if they default on payment due to the inflation, they have to sell their properties at a big loss.