|
| You are correct that is one issue. Another is there is no incentive to save. They put away money and lose 5 percent every year if using dollars. Its even worse if you live in other countries alot of places you will lose 99% of savings over 10 years of saving in the local currency .What is the point of saving then if you are only able to save 1-10% of your income and lose nearly everything?
Might as well spend everything now. And sure saving in Bitcoin doesn't make sense if you have 6 months view. It does if you have a 4 year or longer view. The price going up doesn't scare people away with a long term view when they understand the daily supply that is mined everyday gets cut in half around april 20th. If Bitcoin gets to 250k within a year yeah probably don't put much into if you need that money next year. | |
|
MicroStrategy stock of the decade
