• 10 Posts
  • 40 Comments
Joined 1 year ago
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Cake day: June 12th, 2023

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  • Pulsar@lemmy.worldtoBitcoin@lemmy.world*Permanently Deleted*
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    6 months ago

    Bitcoin just like gold and silver are alternatives to the fiat money that we are forced to use by the government. Fiat works fairly well in many developed countries. But it can also go very wrong, just look at Zimbabwe, Venezuela, Argentina, etc. inflation. On those countries it is practically impossible to build wealth. The long term hope is for Bitcoin or some other crypto to work as a hedge against inflation.

    fi·at mon·ey /ˈfēət,ˈfēˌät ˈmənē/ noun inconvertible paper money made legal tender by a government decree.














  • Pulsar@lemmy.worldOPtoBitcoin@lemmy.mlSuddenly we are at $33k. 🥂
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    8 months ago

    Thank you for the grammar lesson, english is not my first language.

    In reality I don’t trust 99% of the cryptocurrencies or crypto projects since most of them are scams. But I do believe that Bitcoin will be a viable store of value and that Etherum innovation will be of utility at some point in the future.