Sunday 24 December 2023

Fiat and crypto is a perpetual rug pull. Bitcoin is the exit.

Greed is part of human nature and everyone who is in charge of a monetary system can't help themselves and will sooner or later rug pull it's users. In crypto this happens on a smaller scale but it's more rapid, blatant and obvious, in fiat it happens on a large scale, a slower more subtle multigenerational rug pull. The long term outcome is the same.

It doesn't matter how late you are to Bitcoin it will always make sense to buy it if you can avoid becoming a victim of rug pulls.

This is true today, true 10 years from now and true 100 years from now. As long as the blockchain works without interruption it will make sense to use it as an exit.

Stocks and real estate are a good alternative as an exit strategy but stocks are subject to geopolitical and economic risks and real estate requires active management and expertise if you want to beat inflation.

Bitcoin should be the logical choice for many people.



Submitted December 24, 2023 at 07:07PM by bitcorner22 https://bit.ly/41CtxUL

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