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When assets go up in value, it’s not that those assets are increasing in value. It’s that the U.S. dollar is DECREASING in value.
BTC is around $116k. As the dollar inflates more and more, Bitcoin’s value in dollars is gonna increase over that same time.
Hyperinflation = Bitcoin 🚀 📈
Bitcoin is volatile in the short term but not risky overall, long-term, as it hedges against inflation.
Fiat stays stable and is low risk in the short term, but is very risky long-term, as most fiat currencies eventually hyperinflate and become worthless.
Understand the difference and you’ll live well.
Thanks for coming to my TED talk.