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Sunday, October 2, 2022

If you truly believe in crypto, then recession and inflation are longterm bullish for crypto

So many people are afraid of recession and inflation.

But if you are truly believing what crypto stands for, then you should be bullish for crypto (at least in the longterm):

Decentralized currency:

  • nobody has power over crypto

  • "anyone" can access crypto without the needs of banks (ofc, you need internet/ PC/ mobile phone)

  • nobody can seize your crypto (most of them as long they are really decentralized)

  • store of value

  • some give good yield / interest by staking, some have a capped maximum supply

Fiat currency lose value over time, saving "money" just for the sake of saving, makes you actually lose money! Better invest (what you can afford to lose) into something more valuable...

like our precious crypto



Submitted October 01, 2022 at 03:27PM by 34Sis https://ift.tt/Nu5S2eL https://ift.tt/IQKfO1Z

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