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RE: one million dollars

in #dtube7 years ago (edited)

Fiat is basically toilet paper now days...only use it when you need it. Also does nothing but turn to shit over time. The governments control over our currency will not last much longer in the world we are moving into. With platforms like SALT and many others coming online the sky is the limit for Crypt0. Holding good cryptographic assets + real estate and precious metals is a much better move than holding 1 million in cash.

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hello Dear johalfiles maybe you could visit me sometimes I could use some support thank you very much greetings from austria

Well no one should ever hold $1 million in cash, invest that shit. That has literally nothing to do with how useful fiat currency is. In fact you'll probably need to convert that bitcoin to "fiat" to buy more real estate!
Yes, I know recently a house was bought using crypto but that's hardly the norm and it won't be for a long time.

In fact, real money isn't going away until corporations start paying people in something else.

Also, controlled inflation is a good thing for a currency. Bitcoin's deflationary nature makes it a better investment, but a worse currency.

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