fiat is not an asset
nor is BTC
both produce nothing
QUESTION OF THE DAY - IQ 120+ only
Jaxon Phillips
Nolan Cruz
Hold RSR that's it's designed to work in hyperinflation
Hunter Butler
>how will something that only goes up help you against something that only goes down
wow...allowing the everyman to access the internet certainly hasnt worked out as hoped.
Angel King
>muh intrinsic value
all value is created by humans, stupid commie. Copper in a world devoid of humans is worthless.
Nathan Phillips
copper mine is an asset, that is still an asset if it is ran by robots or aliens
copper is still a thing, BTC is still a thing, both not assets
Brayden Moore
Fine, commodity, you know what I meant
Gabriel Baker
that is fine
commodity has to have a use, and the only use of BTC is to get more fiat
that is a ponzy
Hunter Turner
If you hold inflationary assets, their circulating supply increases over time, while their overall value depreciates over time.
A depreciating asset is the inverse of this.
If you hold a depreciating asset, in theory you will have the same value over time. However if you are using an inflationary asset to measure the depreciating asset (like dollars to btc), you will need more dollars to measure the same amount of wealth you had when you bought initially.
In other words, the dollar loses value, so btc’s price increases. Not because btc is worth more, but because the dollar is worth less.
Jayden Powell
fiat has interest rate
BTC has no such thing
FIAT can be used for financial engendering and as a weapon
the one thing that reversed the trend was the interest rates dummies
Bentley Gutierrez
is computer code of value to robots?
you are too stupid to continue this conversation because you're a nonwhite.