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0 sats \ 5 replies \ @birdeye21 OP 22 Jul 2023 \ parent \ on: POLL: Do you SAVE or INVEST in Bitcoin? bitcoin
investing is a mere attempt at replicating what proper money should do
Not always. If that were the case, under hard money there would be no investing, only saving. But people will still want to invest, e.g. in the stocks of promising companies, to beat saving, which can only return as much as the economic growth rate (and growth has to come from somewhere; it won't come from saving).
Investing is putting capital where it can actually work; saving is deferring that until a good opportunity arises.
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Investing is taking on more risk to get a higher return
Good luck competing with BTC in the initial stages of a new global money
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Once Bitcoin reaches 100% adoption, it will only be able to grow at the same rate as the global GDP.
And if people only hodl, GDP growth will be zero and therefore the growth of BTC's purchasing power will be zero.
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We are a LOOOONG way from that point.
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Gradually, then suddenly :)
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