51–60 of 167 posts
These ads really are deeply cynical. "The whole system is fucked, but if you're lucky, you can win enough of other people's money on the crypto lottery that you'll be able to escape it"
Crypto is not zero sum since new value is created.
> The ad identifies real issues in the modern economy around college debt, housing affordability, and the rising cost of raising a family. Maybe just focus on fixing the actual problems? How is this any different from Army recruiting? Or Draftkings ads on every sport channel? Or medical ads? Or insurance ads? Or basically everything marketing?
Of all the antagonisms for young adults, I would say an easy method to buy cryptocurrency and hedge against inflation is not one of them. The much more significant antagonist for financially vulnerable young adults is the Federal Reserve and its inflationary monetary policy that has priced many out of ever owning a home. Furthermore, the elite's industrial policy of offshoring manufacturing to China, deindustrializin…
Bitcoin is highly volatile yet safe in the long term. Dollars are stable and lose value over time. What are young people to do with their money? Real estate has a high cost of entry. Retirement accounts tie up their money until late age with rules that may change. Pensions are a thing of the past. Crypto for all its flaws is soaring, less boomer, and allows for ownership of wealth.
Earlier quoted context omitted.
> and hedge against inflation is not one of them BTC lost value through the great inflation and is only gaining value today now that inflation is down to 3%. Sounds like a pretty bad hedge against inflation. People need to stop repeating this lie. EDIT: If people need an inflation hedge, buy i-bonds first, and then TIPS after you max out. These are indexed against CPI, so the more inflation happens the more i-bonds/T…
RemindMe! 5 years
If BTC were a person, it'd be entering high school and thinking about a student-driver license. We've got an extensive history to draw upon now.
Of all the antagonisms for young adults, I would say an easy method to buy cryptocurrency and hedge against inflation is not one of them. The much more significant antagonist for financially vulnerable young adults is the Federal Reserve and its inflationary monetary policy that has priced many out of ever owning a home. Furthermore, the elite's industrial policy of offshoring manufacturing to China, deindustrializin…
Oh wow you should be a copywriter for Coinbase
Of all the antagonisms for young adults, I would say an easy method to buy cryptocurrency and hedge against inflation is not one of them. The much more significant antagonist for financially vulnerable young adults is the Federal Reserve and its inflationary monetary policy that has priced many out of ever owning a home. Furthermore, the elite's industrial policy of offshoring manufacturing to China, deindustrializin…
> and hedge against inflation is not one of them BTC lost value through the great inflation and is only gaining value today now that inflation is down to 3%. Sounds like a pretty bad hedge against inflation. People need to stop repeating this lie. EDIT: If people need an inflation hedge, buy i-bonds first, and then TIPS after you max out. These are indexed against CPI, so the more inflation happens the more i-bonds/T…
Bitcoin is highly volatile yet safe in the long term. Dollars are stable and lose value over time. What are young people to do with their money? Real estate has a high cost of entry. Retirement accounts tie up their money until late age with rules that may change. Pensions are a thing of the past. Crypto for all its flaws is soaring, less boomer, and allows for ownership of wealth.
Invest in the real economy using a normal brokerage account.
Earlier quoted context omitted.
> and hedge against inflation is not one of them BTC lost value through the great inflation and is only gaining value today now that inflation is down to 3%. Sounds like a pretty bad hedge against inflation. People need to stop repeating this lie. EDIT: If people need an inflation hedge, buy i-bonds first, and then TIPS after you max out. These are indexed against CPI, so the more inflation happens the more i-bonds/T…
RemindMe! 5 years