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21 sats \ 3 replies \ @nullama 10 Oct 2022 \ on: Bitcoin Outperformed All Other Asset Classes in Q3 2022 bitcoin
Who would invest in Inflation though? :)
- People ignorant enough to believe they won't get wrecked by bail-ins and hyperinflation.
- People who love the State and are happy to sacrifice their well-being to see that criminal institution succeed.
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It doesn't have to be hyperinflation and doomer rambling tho.
Slow and steady inflation over decades (especially with compound interest) does the job of draining savings and lowering wages just as well. Arguably even better. And that's much more descriptive what is and has been happening in the world economy.
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@orthzar you have said all!
1.People are slave of their own government.
2.People are ignorant enought to don´t beleive in Bitcoin!
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