Post
Topic
Board Bitcoin Discussion
Re: Trump will compete directly with Bitcoin
by
BlackHatCoiner
on 13/11/2024, 14:36:38 UTC
No, the world's money supply is not controlled by a secret cabal of jews.
Yes, it is.

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And no, the USD does not "rob people", any more than AAPL or NVDA or Bitcoin or gold or any other investment "robs people".
Yes it does. In contrast with AAPL and NVDA, people historically save on fiat currency. Under the gold standard, they used to save in gold (or at least, promises of gold), but after 1971 (and a few decades before that), everyone's savings sit on pieces of paper the Fed prints out of thin air.

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People are free to trade out of USD any time they want
Here's the genius of the scam: Opting out of the USD means you invest your money. Investing and saving are fundamentally different, because investing includes an acknowledged risk. For example, investing in Nvidia means you acknowledge that in case the next chip is a total disaster, you will lose money. Saving means you leave your money into something that stores its value. You do not want to trust your capital into someone else, you simply want to ensure that the value of your money will last into the future. Gold was once the primary means of saving money, valued for its resistance to inflation. However, due to technological advancements, it no longer serves this purpose as effectively. Today, it struggles resisting inflation.

So, under the fiat standard, you either choose to live a fragile life, risking your money in stocks, study geopolitics, macroeconomics, watching what the central banks announce, or as I like to call it, you gamble your money as you're not an investor (and even Wall Street investors fail to beat real inflation), or you experience bleeding of your wealth by the never-ending fiat currency dilution.