Post
Topic
Board Bitcoin Discussion
Re: Trump will compete directly with Bitcoin
by
BlackHatCoiner
on 14/11/2024, 15:38:06 UTC
So every investment that goes down in value is "robbery"?
Whatever. If you don't see the problem with people's savings getting devalued every day from a few central bankers, forcing them to gamble their money on things they don't understand, otherwise experience losses, then I don't know what to say.

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Will you be "robbed" if Bitcoin goes down in price ever?
No. I would be robbed if I was forced to treat a shitcoin as legal tender, and be practically forced to either save in that, or gamble my money in stocks.

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You can't do that with any investment--or for that matter, any aspect of your life. You ask asking for permanent free money without even thinking about it.
I'm asking for the value of the money I work for to be preserved into the future. The problem is that your fiat brain can't comprehend this simple thing, because you've been indoctrinated to accept that "it's okay for people's money to predictably lose value."

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Got it. Exactly how low must this risk be? Have you ever quantified it?
As low as possible. Just as gold under the gold standard.