Kids in 2067: 'Grandpa, tell us that funny joke again about how governments used to issue fiat currency without any blockchain and the naughty inflation-monster would eat your life savings!' #Bitcoin
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Is Grandpa Argentinian? Because the "inflation monster" hasn't harmed any Americans' life savings for 40 years (except for poorly hedged currency traders and those with funds to invest abroad)...
Inflation has reduced the purchasing power of the US dollar by about 75% in the last 40 years. http://www.usinflationcalculator.com/
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So Grandpa hid his life savings under his mattress rather than investing in so much as T-Bonds? ;)
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