I like this feed - a more centralized collection of cryptocurrency news, however it is unfortunate that left sidebar does not show currency. At the moment of writing this comment it BTC is worth 13081.8 of something.. is it USD, EUR, LTL?
HodlFeed – a Cryptocurrency Newsfeed
31–40 of 65 posts
Re: HodlFeed – a Cryptocurrency Newsfeed
#32Earlier quoted context omitted.
Yes, that’s exactly what it is, but with one crucial additional factor: investment. Mild inflation does not discourage saving, it discourages saving the actual currency , which does nothing for the economy. It encourages saving in the form of investment, which stimulates the economy. If my dollars were guaranteed to get more and more valuable over time, why would I spend them (more than absolutely necessary) or inves…
It might be bad for the economy/GDP but what about for the individual? Consider a blue collar worker just making enough to get by and saving a little cash on the side. Why are you forcing this person to learn about inflation, interest rates, the SP500, etc.
If they are saving a little bit on the side for the short term, inflation will not noticeably hurt them (I am speaking of a well-managed monetary system with mild inflation such as the US). If they want to save for the long term, then they should invest it if they want to maximize gains. That’s what’s best for the individual.
Re: HodlFeed – a Cryptocurrency Newsfeed
#33Earlier quoted context omitted.
It might be bad for the economy/GDP but what about for the individual? Consider a blue collar worker just making enough to get by and saving a little cash on the side. Why are you forcing this person to learn about inflation, interest rates, the SP500, etc.
If they are saving a little bit on the side for the short term, inflation will not noticeably hurt them (I am speaking of a well-managed monetary system with mild inflation such as the US). If they want to save for the long term, then they should invest it if they want to maximize gains. That’s what’s best for the individual.
[deleted]
Re: HodlFeed – a Cryptocurrency Newsfeed
#34Earlier quoted context omitted.
It might be bad for the economy/GDP but what about for the individual? Consider a blue collar worker just making enough to get by and saving a little cash on the side. Why are you forcing this person to learn about inflation, interest rates, the SP500, etc.
If they are saving a little bit on the side for the short term, inflation will not noticeably hurt them (I am speaking of a well-managed monetary system with mild inflation such as the US). If they want to save for the long term, then they should invest it if they want to maximize gains. That’s what’s best for the individual.
What if they're not interested in maximizing gains? What if they don't want to learn about investing? What if they just want their hard earned money to not evaporate on them?
Re: HodlFeed – a Cryptocurrency Newsfeed
#35Compare with https://cryptopanic.com
Re: HodlFeed – a Cryptocurrency Newsfeed
#36Compare with https://cryptopanic.com
Dark theme hurts to look at, light theme isn't contrasted enough. HodlFeed seems to be the clear winner in terms of UI design. Can't speak for algorithm effectiveness and whatnot.
Re: HodlFeed – a Cryptocurrency Newsfeed
#37Just from a frontend perspective, it's a great-looking site/webapp. I would be curious to learn more about your tech choices and the application architecture.
Likewise. A blog post like that would go to the top of my To Read list.
Re: HodlFeed – a Cryptocurrency Newsfeed
#38Earlier quoted context omitted.
If they are saving a little bit on the side for the short term, inflation will not noticeably hurt them (I am speaking of a well-managed monetary system with mild inflation such as the US). If they want to save for the long term, then they should invest it if they want to maximize gains. That’s what’s best for the individual.
What if they're not interested in maximizing gains? What if they don't want to learn about investing? What if they just want their hard earned money to not evaporate on them?
target funds https://www.schwabfunds.com/public/file/P-9430864
Re: HodlFeed – a Cryptocurrency Newsfeed
#39Hodling is the worst thing about cryptoccurencies most people don't realise. Deflating currencies act as value holders, not as currencies, they don't promote trading or commerce, buying and selling it for physical things. It promotes holding and not selling. This is the opposite of what a currency is. The more people hold, the less chances there are that Bitcoin or other protocols will be ever used to buy a burger fr…
That's very true, but a huge percentage of people recently in the cryptocurrency space are only there to make money. Not many truly care about the technology.
But they make money when they stop holding; otherwise it's just a number.
Re: HodlFeed – a Cryptocurrency Newsfeed
#40Earlier quoted context omitted.
> Deflating currencies act as value holders, not as currencies, they don't promote trading or commerce, buying and selling it for physical things. I know this is the commonly accepted reason why inflation is good and deflation is bad. But isn't this just coercion? Here's your paycheck. You better go out spend it like a good consumer because we're going to ensure its value is going to slowly erode over time. Modern ma…
Yes, that’s exactly what it is, but with one crucial additional factor: investment. Mild inflation does not discourage saving, it discourages saving the actual currency , which does nothing for the economy. It encourages saving in the form of investment, which stimulates the economy. If my dollars were guaranteed to get more and more valuable over time, why would I spend them (more than absolutely necessary) or inves…
Your dollars already do get more valuable over time wrt consumer electronics and cars, yet people still purchase them en masse.
Many still spend in a deflationary environment, they just do so with far more care about the product and it's longevity.
People will invest also, though only with a expected return greater than deflation gains.
Instead the status quo is being forced into overvalued equities or real estate investments. There's no real option to be a saver in the western world anymore.