This is why bitcoin is better than the US dollar!

in #bitcoin8 years ago (edited)

The inflation of the US dollar jumps every year by 2 to 3 percent. This means that everything is more expensive. On the other hand bitcoin goes up. Every once and a while the value of the coin will drop and rise again just like the stock market. Many speculators say that the coin isn't a safe investment but if you think about it either way the value of the dollar is dropping so if you had a drop in the price of bitcoin it would equal out to be the same thing.
Many company's are accepting bitcoin making it become stronger and better know. If big company's are accepting Bitcoin it shows that these major corporations see that the coin isn't going to fall through. So if you are thinking long term holding invest in bitcoin!!!
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"inflation of the US dollar jumps every year by 2 to 3 percent" that's what the Fed (privately owned central bank) tells us that inflation is. But they don't include food and fuel in their calculations. Real inflation is much, much higher. I would say closer to 10%.

Thanks man great reply, I didn't think much into that subject, and I was just going of what information was present.

Fiat < Cryptocurrency! In the near future, money will finally be where it belongs, in the hands of the people

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