Post
Topic
Board Bitcoin Discussion
Re: Who's brave/stupid enough to invest their life savings into Bitcoin?
by
Beliathon
on 28/07/2014, 16:54:06 UTC
Investing your life savings into Bitcoin is borderline retarded and indicative of a low financial intelligence.
The naysayers know less about finances than they think they do.

I have under $500 in my bank account at all times. I consider the dollar to be an extremely dangerous asset at this time. Unlike BTC, it's value is artificially inflated in a number ways, many of which face a dubious near-future.

By contrast, I consider Bitcoin to be an extremely safe store of wealth. The rest of my wealth in in Bitcoin. Oh, by the way...

Statistically speaking, there is a very high probability that I'm smarter than you, dear reader. I know it's not nice to say, but it's the truth. Get over it.