Q: How could you be 99% in crypto? Isn't that risky?
Me: How could you be 99% in fiat? Isn't that risky?
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Risk on crypto is better than guaranteed losses on fiat.
Fiat has never been intended to be an investment. It’s a misconception. If you want to factor inflation at least factor in money market rates or bond returns. Or home prices.
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"Savings account" at the bank should be renamed to "Losing account but you keep it open because there might come a day where it's losing less than everything else."
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Here is G4 Central Bank balance sheet vs Bitcoin... its the only asset that has outperformed/offset balance sheet growth. Not even gold managed it.
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Great chart, also enjoyed the real vision pro segment when you mentioned this!!
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Short to midterm, the inflationary losses on USD are minuscule, and amount to nothing considering the liquidity and utility of it.
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Risk on #bitcoin is better than guaranteed losses on #fiat. The term #cryptocurrency entails the monetary validity of #shitcoins!
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