Post
Topic
Board Bitcoin Discussion
Re: Who's brave/stupid enough to invest their life savings into Bitcoin?
by
Ruthful
on 10/12/2014, 00:27:35 UTC

Bank accounts serve a high interest in countries with high inflation but high inflation means the purchasing power of your holdings go down.

Don't think it's necessarily true all the time.The standard bank account interest around here seems to beat the inflation rate most of the time, but the inflation rate here is around 2% so it isn't really what people call high inflation.