Replies (26)

FeyssPalmer's avatar
FeyssPalmer 1 year ago
🤡 Well for the devalued USD it‘s true. Not true for EUR, CHF, Gold, … Doesn‘t matter in the long run.
Doesn’t matter if you’re up or down over the course of a week. You’re buying into a new paradigm where you get to keep what you earn and your purchasing power increases over time instead of decreasing.
It's a fun meme, but if global liquidity markets actually freeze worse than 2008, lending stops, trade and shipping stops, banks halt withdrawals, payroll companies have no money, businesses can't pay rent, people lose jobs and home, groceries have less food, and on and on. The purchasing power of Bitcoin would drop tremendously as people need other currencies to buy things they need and to just stay afloat. Since as you say, they saved in it. In the future, yes. On 2025? No.
Even higher if you have used that stacked sats as collateral. In order to reduce our need to use Bitcoin as collateral.