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22 sats \ 4 replies \ @028559d218 OP 17 Aug \ parent \ on: Total Newb Take: Bitcoin is so exciting why don't more people get it? bitcoin
For me it was government debt and inflation. I've traveled to and spent plenty of time in Europe, Central and South America (including the US) and seen so much money stuffed into all kinds of things just to offset monetary debasement, fiat money. Bitcoin is the best tool for the job.
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0 sats \ 3 replies \ @Bell_curve 17 Aug
What do you mean by stuffed? People are hoarding cash or buying expensive stuff?
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22 sats \ 2 replies \ @028559d218 OP 17 Aug
Yes. Property and gold and stocks. People by wine and art and collectibles just to 'save money' because they don't know what else to do with it.
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0 sats \ 1 reply \ @Bell_curve 17 Aug
Those are good hedges against inflation. It’s rational behavior
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21 sats \ 0 replies \ @028559d218 OP 17 Aug
Bingo
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