Stackhodler - Bank failures, hyper-inflation, CBDCs, Great Depression II... We can't | Foxdeo - We pay for your posts
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Bank failures, hyper-inflation, CBDCs, Great Depression II... We can't control any of it. But the world is still beautiful and our time here is limited. So opt out of the chaos with #Bitcoin and treasure the parts of life that will endure no matterr what happens in fiat world.

Bank failures, hyper-inflation, CBDCs, Great Depression II... We can't control any of it. But the world is still beautiful and our time here is limited. So opt out of the chaos with #Bitcoin and treasure the parts of life that will endure no matterr what happens in fiat world.

Mar 25, 2023 09:56 AM |
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stackhodler
Stackhodler @stackhodler
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$31.8 Trillion in debt sounds bad until you realize it's more like $150 Trillion if you include unfunded Social Security and Medicare promises. #Bitcoin market cap is a mere $0.5 Trillion Infinite fiat vs. finite BTC. Don't overthink it. Russia is on the path towards mining #Bitcoin and using it for foreign settlements. They can't print dollars and buy external goods, but they can burn Russian gas to mine Bitcoin and buy external goods. Argentine inflation is over 100% How would you protect yourself in that environment? Dollars? Gold? Equities? #Bitcoin ? There's a clear winner. Performance since March 2020 Covid lows: Long term treasuries: -32% Gold: +27% S&P 500: +65% #Bitcoin +520% They have to print to prop up debt markets. You can't hide from volatility. Hold finite assets without counter-party risk. Switzerland is leading the way in European #Bitcoin adoption. Despite having a strong fiat currency, the Swiss want sound money A bank owned by the Swiss government will soon allow customers to buy #Bitcoin Beautiful!!!