You are obviously stuck in the Fiat mindset and no amount of evidence will make you open your eyes.

Volatility, while not ideal, is necessary for an asset to go from 0 to $50k in a few years. Eventually, it will slow down and become more stable than the dollar that is losing 20% of its value every year.

I rather have my money in an appreciating asset rather than one that is going to zero. Zero is a very stable number but no thank you.

Deflation is what happens with technology; your car, your computer, your food, and most things you buy tend to get cheaper every year thanks to technology but this doesn't stop you from buying. You buy when you need stuff and are glad that your money will go further next year a afford a more powerful pc.

The only reason assets like real estate get more expensive is inflation. While they keep printing money, not even technology can bring prices down. They keep saying this is good for the economy and people like you with Stockholm syndrome believe it. Inflation only benefits those closer to the money printer and is making you poorer by the day.

You need to look for assets that are scarce and money that is deflationary, otherwise, you'll end up broke. If you like inflation so much why not move to Venezuela?

The dollar is infinite, Bitcoin is finite. That's all you need to know to realize that it will go up forever.

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Author of ´Bitcoin For Mere Mortals´ available @Amazon. Subscribe and drop me a line and I’ll send you a copy for free, no strings attached.

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Alberto Guerrero

Alberto Guerrero

Author of ´Bitcoin For Mere Mortals´ available @Amazon. Subscribe and drop me a line and I’ll send you a copy for free, no strings attached.

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