Quote:
Originally Posted by jscott
Good question, people have a hard time understanding that their USD is losing value at a SUPER fast rate. Right now, it is hard to realize that in 10 years your $1000 will have the purchasing power of only $300 (or less). It takes education, learn what is money, what is purchasing power, what is happening with your countries fiat supply. Once you know and understand these topics you will realize that buying Bitcoin now, at ANY rate, is a good choice, not for now, not for next year, but for 5 or 10 years in future.
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This is exactly what I attempted to explain to my friend (a cryptobro). The halfwit went on and on about how BTC will hit $100,000+ in 10 years. Yeah so what if it does? In 10 years $100,000 will buy you a loaf of bread. That shit went right over his head.