Post
Topic
Board Beginners & Help
Re: Newbie Don't be afraid of buying Bitcoin
by
Woodie
on 07/10/2023, 14:00:34 UTC
The purchasing power of 1Us dollar vs 1Bitcoin clearly shows that one is going to zero, while the other is not.
I really don't know if we shall see this day as much as we want it to happen Roll Eyes ,and I understand the de-dollarization could be coming from pressure of BRICS,inflation and printing of money which rides on debt but I think the central bank will always find ways to rescue the currency to avoid going to zero.

Let me show you why wealthy men like changpeng Zhao(cz), Brian Armstrong, Jed mc Caleb etc can hold billions in Bitcoin without being afraid.
These are crypto linked people and they will support what feeds them and where they find their financial security because had they moved their money to fiat it will be easy for the authorities to freeze his money if found guilty for something.

 
you wouldn't like to hear this, but the one buying assets now are the wealthy, they will likely continue the trend of the rich getting richer
Before the system breaks these guys could be about spreading their risk and someone paid to help protect their wealth could have suggested crypto as the best option at the moment.