Re: Stop comparing BTC to FIAT. FIAT is dying every single day.
Look at $100k.
Now imagine owning $100k 20 or 30 years ago. Wow, that was a lot of cash! You could have bought a home, maybe a nice car and still have some money left in the bank.
Today... do the math and see what you can buy
Inflation is killing FIAT every single day.
So stop comparing BTC to FIAT and see the true value of Bitcoin. Don't go "wow" when BTC hits $100k. Because $100k today doesn't value that much anymore. It's still low.
Given the poor FIAT value 1 BTC is terrible cheap these days. $30k in 2009 is not $30k in 2023. You need like $42k for the same purchasing power.
What I mean is... don't sell cheap when you do it because you might never see your BTCs again.
Sell only for your real needs. Get the house or the car of your dreams. Have some money in your bank account. Live your life. But don't keep them all in the bank, those money will disappear day by day.
The governments will keep printing...
Now imagine owning $100k 20 or 30 years ago. Wow, that was a lot of cash! You could have bought a home, maybe a nice car and still have some money left in the bank.
Today... do the math and see what you can buy
Inflation is killing FIAT every single day.
So stop comparing BTC to FIAT and see the true value of Bitcoin. Don't go "wow" when BTC hits $100k. Because $100k today doesn't value that much anymore. It's still low.
Given the poor FIAT value 1 BTC is terrible cheap these days. $30k in 2009 is not $30k in 2023. You need like $42k for the same purchasing power.
What I mean is... don't sell cheap when you do it because you might never see your BTCs again.
Sell only for your real needs. Get the house or the car of your dreams. Have some money in your bank account. Live your life. But don't keep them all in the bank, those money will disappear day by day.
The governments will keep printing...
Anyone with Bitcointalk knowledge would know enough that Fiat and Bitcoin are not related by ideology, not by principles or policy, the only thing they have in common is the means of settling debt, Fiat could depreciate after a long period of time while Bitcoin could depreciate for a short period of time if there is tension or any form of FUD but it can appreciate to beat inflation 10 times faster ahead of inflation, I think the topic should have been don't save money in Fiat, rather it should be in bitcoin.
The government will print because the system is designed in that manner, the policy of FED allows them to do that, they can go brrr on their machines anytime they like but Bitcoin protocols are static, you can't change the genesis code, the 1 million will remain 1 million in hundred years to come, that is how it will be till then, no proposal can nullify that rule of Bitcoin.