Saving money have never been so much fun with Bitcoin

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The traditional ways of saving money before Bitcoin was either through the bank where we all know the fees we pay for having the bank use our money for investment (which we call saving) or saving our money at home using piggy bank or some other form.
And known or unknown to some of us such saving method have not proven to yield stability or interest over the years and instead our savings losses purchasing power frequently.

Politicians destroyed the Savings Account. The Bank of #Bitcoin is bringing it back.

— Michael Saylor (@michael_saylor) November 6, 2020

The bank of Bitcoin is not only bringing Bitcoin back but it is fun as well having to save in Bitcoin whichever way and how much with you being in control of it and not to mention the continuous appreciation of BTC despite it's volatile nature.

Ever since I personally understand the basics of Bitcoin/Cryptocurrency, saving in fiat makes no sense and I think as much as some people are reluctant to explore the
Bitcon possibility time will come when cryptocurrencies are just going to be something that can't be shy away from.

Cheers.

We owe it to ourselves to make Hive great

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Image by @doze



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11 comments
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We live in a crazy world where Bitcoin is seen as the risk free way to store your money but the more I learn and watch how things play out the more this all starts to make sense! I don’t know if I’m too into Bitcoin and missing something but I’ve yet to have someone come to me with a solid counter argument

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Definitely Bitcoin isn't risk free and that is why it is better to learn more about Bitcoin and not just it's speculative price movements.
But better form of saving compare to your Rands... LOL!

Posted Using LeoFinance Beta

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The way the price of BTC has evolved over time it really makes BTC a good savings option. You have to have long term thinking though.

Posted Using LeoFinance Beta

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Absolutely long term and currently in crypto you can't come in and want to get rich over night.

Posted Using LeoFinance Beta

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unfortunately my all savings goes to fiat and I need to find a ways to convert fiat into something more meaningful.

Posted Using LeoFinance Beta

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I have almost nothing left of fiat most of the time but each time I get extra, I always push it towards crypto.

Posted Using LeoFinance Beta

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