posted ago by MobileDev4Trump ago by MobileDev4Trump +10 / -0

Loaded up on more Solana sold off a bunch of shitcoins.

Comments (31)
sorted by:
You're viewing a single comment thread. View all comments, or full comment thread.
TardedButNotDeparted 2 points ago +2 / -0

If everything bursts, then technically, you don't lose any purchase power lol.

Because if your crypto losses value, but so does real estate and stocks, then you can still buy the same amount of real estate and stocks with that amount of crypto.

But I think it's unlikely, with all this excessive money printing, that assets would lose value. It doesn't make sense that cash would suddenly be very valuable.

FED would have to taper a very large amount, very quickly, and offer a huge interest rate on government bonds, for cash to be worth anything.

But all talk of tapering, FED says it won't happen earlier than 2023, because economy is in too shit of a position, and government would go bankrupt if they raised rates now.

So total correction seems unlikely in the next 16 months.