Comment: So I'm rebutting the opinion for the public, not for you

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TwelveOhOne's picture

So I'm rebutting the opinion for the public, not for you

"If you didn't buy X at Y, you missed the boat" is spurious logic, if it even is. There's no boat here, only changing valuations.

The Federal Reserve is printing $85 billion a month, or $1.02 trillion per year. With 16 trillion outstanding, that's 6.22% more every year. (So ask your boss for a raise with a 6.22% floor...)

Bitcoins will only ever have 21 million of them. Thus, the Federal Reserve is causing the value of Bitcoins (relative to the USD, or FRN) to go up, and to continue to go up over time.

"The boat" is still being boarded...

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