This lack of savings doesn't seem sustainable. Credit card debt at record levels with personal savings falling steadily, especially in the last year, and well below the amounts "saved" after the Covid Era stimulus. Glad I DCA into Bitcoin! Just wish I could get more people to join. I see no other option do you?
pull down to refresh
There’s little incentive to save within the current system. One has to invest in stocks and real estate. Bitcoin is too complicated, speculative and volatile for people who don’t frequent sites such as SN!
Yes dirty Fiat is a melting ice cube. But old folks I know take it over “volatility” of “risky” assets
The thing the ‘old folks’ (should) want - a better world for future generations is on the other side of things they do not want at this stage of life - volatility.
If Bitcoin wins, and wins big, perhaps we will look back at current times and realise that the paradigm shift it brought wore a disguise called volatility.
Oh man that’s great!