crrdlx on Nostr: Listening to the radio this am (yes, actual radio) a mock Q&A with a financial ...
Listening to the radio this am (yes, actual radio) a mock Q&A with a financial advisor comes on.
Host: So Trump recently announced a strategic #bitcoin stockpile. The US government has also had other stockpiles. They used to have a cheese stockpile and gave out cheese. And there's a helium stockpile too.
Advisor: On bitcoin, it can be used as a hedge on inflation when it goes up, but realize it can also go down.
Me: Get ready for the, "I wouldn't touch it with a 10 foot pole..."
Advisor: Between cheese, helium, and bitcoin, I'll take bitcoin.
Me: Wait, what?
Advisor: <goes on to talk about inflation and government spending and DOGE cuts and how government stimulus checks aren't actually the economy stimulated but are just money from nowhere that add to inflation>
Me: Wow, this guy kinda gets it.
He didn't go all orange pilled, he was trying to drum up business, but that sounded like baby steps. When I asked my financial advisor his opinion on bitcoin somewhere around 2017, the response I got was, "...not backed by anything..." and "tulips". Slow progress y'all.
Host: So Trump recently announced a strategic #bitcoin stockpile. The US government has also had other stockpiles. They used to have a cheese stockpile and gave out cheese. And there's a helium stockpile too.
Advisor: On bitcoin, it can be used as a hedge on inflation when it goes up, but realize it can also go down.
Me: Get ready for the, "I wouldn't touch it with a 10 foot pole..."
Advisor: Between cheese, helium, and bitcoin, I'll take bitcoin.
Me: Wait, what?
Advisor: <goes on to talk about inflation and government spending and DOGE cuts and how government stimulus checks aren't actually the economy stimulated but are just money from nowhere that add to inflation>
Me: Wow, this guy kinda gets it.
He didn't go all orange pilled, he was trying to drum up business, but that sounded like baby steps. When I asked my financial advisor his opinion on bitcoin somewhere around 2017, the response I got was, "...not backed by anything..." and "tulips". Slow progress y'all.