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RE: Something fishy, and it's not smelling any better adding our newly acquired crypto-understanding.

in #dmania7 years ago

Honestly, with a parabolic inflation, what could go wrong? :D Just thought about it a few days ago how big the problem is. Fiat currencies dropped to only a few % from their own values in a few decades period. So if someone said let's "Let's HODL $100 worth of xyz fiat money" in the past, that would mean $1-$10 now.

It's not a surprise that parents, grandparents frequently tell stories about "how cheap" things were in the past and compare prices. Deep down they see that this rate of inflation is absolutely ridiculous.

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haha. Aie. Hodl does not work on fiat. Must be a scam. No white paper, bad team, unauditable, hidden transactions and the ability to print as many tokens they want. Better stay away from dat fiat :)

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