Inflation is the Only Why You Need to Own Crypto
When people are interested in crypto as a potential investment they tend to ponder if it is a good idea or why they should invest in it.
There are many reasons why crypto makes sense to me, but one I like to share that just about anyone can understand and get on board with has to do with one of the biggest issues in our economy right now....
Inflation
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It might not be that deep in the developed country.
I feel in developing countrues, there is no reason to keep money in their native currency.
However, from the video, whether developed or not, most of your money should be in assets.
Although the question is crypto assets or not?
For me, if you need some money short term, you should keep in offline assets, and long term you could look towards crypto
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Agreed, diversification is always warranted. I have liquid assets and illiquid assets spread across all the classes
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Yes, that is absolutely true! Anyway, the dollar purchasing power fall has started in 1913 from the creation of the Federal Reserve, and since then, 98% of USD purchasing power is gone.
1971 (and 1943) are relevant years for the Bretton Woods act, but that is just a milestone. It does not represent the whole process.
Let's see here, in this chart, where you can see that more than 20% of the total circulating dollars have been printed since this pandemic thing.
Source: https://fred.stlouisfed.org/series/CURRCIR
Furthermore, some concepts like Helicopter Money, Quantitative Easing, Repo Market and Fractionary Reserve must be included in this topic.
I created a video about this topics. I would love having your feedback upon it