All Bitcoin needs to do to win is simply persist

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If bitcoin just survives for long enough, it will win

We know this because gold has been our example.

If you had used your $20 US dollars to buy 1 ounce of gold back in 1933 you'd have, well an ounce of gold.

If you held that ounce of gold until today and sold it back for US dollars again, well you'd have about $1,770 US dollars.

In visual terms:

(Source: https://twitter.com/alistairmilne/status/1282575794494218241)

Yes 87 years is a long time to wait, but I think you get the point.

Now lets go talk to that poor sap who had been holding his $20 under a mattress for the last 87 years and see how value value that is worth.

Hint, it's still $20 but it has 99% less buying power.

Ouch.

Posted Using LeoFinance



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It is good to have a deflationary and pretty easy to get asset during this times

Fiat will always suffer from inflation, as it is the normal enviroment and the hoped one, so as long as we can save our value in this kind of asset (gold, silver, bitcoin), we can save what we get from our work or time

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