Post
Topic
Board Bitcoin Discussion
Re: Who's brave/stupid enough to invest their life savings into Bitcoin?
by
picolo
on 28/12/2014, 13:53:48 UTC
If I will lose anyway by playing safe, why should I play safe?

That's true, I think headline inflation is massaged, and it's truly more like 5% PA, leading to losing nearly half the value of your money in 10 years, meanwhile you can get a maximum of about 2% interest in "high yield" savings accounts.

7% inflation a year means you lose 50% of the value of your money in 10 years.