Joey on Nostr: #asknostr #btc #bitcoin How to live in an inflationary environment? I am trying to ...
#asknostr #btc #bitcoin
How to live in an inflationary environment?
I am trying to figure this one out for myself.
I know that bitcoin preserves my wealth/value. But this means, the current value I save, I will have later.
But buying bitcoin does not solve the problem that the buying power of salary is also decreasing. Meaning that this year's yearly salary will buy me less stuff, than my previous yearly salary. I have to basically work hard to get as much salary increase at the end of the year to match my buying power to last year's. If possible...
Also I will be able to buy less bitcoin with it.
My current opinion is, prone to change, that I shall buy bitcoin continously, and if I spend later enough my btc, that I bought previously, it will even out my salary inflation decrease, or even make me at a better position.
What do you think? What is your take?
#plebchain #coffeechain
How to live in an inflationary environment?
I am trying to figure this one out for myself.
I know that bitcoin preserves my wealth/value. But this means, the current value I save, I will have later.
But buying bitcoin does not solve the problem that the buying power of salary is also decreasing. Meaning that this year's yearly salary will buy me less stuff, than my previous yearly salary. I have to basically work hard to get as much salary increase at the end of the year to match my buying power to last year's. If possible...
Also I will be able to buy less bitcoin with it.
My current opinion is, prone to change, that I shall buy bitcoin continously, and if I spend later enough my btc, that I bought previously, it will even out my salary inflation decrease, or even make me at a better position.
What do you think? What is your take?
#plebchain #coffeechain