Comparing USD to Naira is like comparing one dirty shirt to an even more dirty shirt, they are both inflating just one more noticeably than the other as we get closer to hyperinflation.
Get BTC and other crypto currencies and/or precious metals and other hard assets if you want to hold onto your savings.
True & true!
But with the HBD I don’t see it as a good investment. Real inflation is double the 9.1% CPI, so HBD 20% is not safe and after taxes and risk ur only hardly keeping up with inflation. 20% is still a good get but I believe it’s impossible to keep that going. It’s just a bummer to me so many post about how it’s safe forever ( I don’t mean u, I just mean generally). I don’t think the HBD story ends well. Honestly I wish we’d fork it out all together and focus on Hive token itself more.
20% mathematically can’t last and with real inflation being close to 20% it’s not something I wanna to bet on.the dollar is garbage longterm so to me it’s like ok this reps the dollar and governments want to tax the high ARP’s on crypto like income not like gains in most nations then the risk it’s just not gonna end well I’d assume.