wakoinc on Nostr: They system was setup to (have high control over) extract wealth from its people, yet ...
They system was setup to (have high control over) extract wealth from its people, yet it’s sold as a way to stabilise an economy - yet it always seems to be out of control? And accelerating in frequency and volatility?
#Bitcoin will become more stable and reliable than global fiat averages - and that will be the final tipping point. And by stable I mean downward volatility and loss of value.
The reason why index funds work so well (lower risk to reward, especially in a relative sense to the market) is because you back the largest N with highest growth - now imagine that exists across global fiat currencies. The best growth regions will buy/invest more, while the slower/stagnating will sell - however gainers are larger than decliners in relative value.
https://www.itv.com/news/2023-07-07/hunt-downplays-tax-cuts-odds-conceding-calming-inflation-is-tougher-than-feared
#Bitcoin will become more stable and reliable than global fiat averages - and that will be the final tipping point. And by stable I mean downward volatility and loss of value.
The reason why index funds work so well (lower risk to reward, especially in a relative sense to the market) is because you back the largest N with highest growth - now imagine that exists across global fiat currencies. The best growth regions will buy/invest more, while the slower/stagnating will sell - however gainers are larger than decliners in relative value.
https://www.itv.com/news/2023-07-07/hunt-downplays-tax-cuts-odds-conceding-calming-inflation-is-tougher-than-feared