Quote:
Originally Posted by jscott
No offense CAHEK but this is the type of ignorance that keeps people poor.
Your method you'll gain in fiat value, but you'll lose in actual value, due to inflation. So you'll be happy, seeing your USD rising from your 2-3% interest (4-5% bullshit), but you'll actually be losing above 10% through inflation (actual CPI is always higher than reported, they fudge the numbers to keep ignorant people poor unphased, not panicky, and poor)
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Warren Buffett & Charlie Munger gave their take on crypto, makes them poor I guess.