Read now to learn how Bitcoin were made to be eventually spent, even if most people right now are hodling their Bitcoin long-term.
Inflation is the #1 driver of financial inequality around the world. But governments and the economists they sponsor certainly won’t tell you that. Why would they? They profit too much from the inflation they cause.
But inflation does its damage:
-
Inflation causes purchasing power to decrease, because the cost of goods and services tends to increase far faster for most people than their wages do.
-
Inflation causes people to save less because they’re aware, even if only subconsciously, that the fiat currencies sitting in their wallets and bank accounts buy less the more that time passes.
-
Inflation incentivizes people to get into debt, even bad debts, because it tends to become cheaper to manage as inflation takes its toll.
Most people aren’t oblivious to the evils of inflation. They see them every day. So governments have to kick their fear mongering into overdrive in order to convince people that other systems are worse than their own...
Read the full article for free on my website.
Like What You See, But Not A Subscriber Yet?
Consider subscribing for two weekly emails about Bitcoin and Crypto, subscriber giveaways, real-time community discussions and more!
Support The HiFi Crypto Letters
Bitcoin is my passion and my mission is to give as many people as possible the chance to learn how it can change their lives for the better. You can help by checking out my affiliate links:
- Robinhood offers access to Bitcoin to help you create your financial future. Go to robinhood.com and receive a free stock worth up to $200 just for signing up and linking your bank account.
- Betterment will soon offer access to Bitcoin portfolios “managed by experts for long-term investing”. Go to betterment.com and get your entire balance managed free for the first 90 days.
Wish You Could Listen To This Post As A Podcast?
Can’t Get Enough Bitcoin In Your Life? Follow Me On Social Media:
🙋🏽♂️Did You Enjoy This Edition Of The HiFi Crypto Letters?
This 3-question survey is your chance to tell me how I can improve the newsletter for you.
This is not financial advice. This newsletter and related content are for informational purposes only. Cryptocurrencies and digital assets can be risky. Always do your own research before making any sort of investment.
