Bitcoin is Rat Poison, for Cash

in LeoFinance2 months ago

Warren Buffett was right, sort of

Warren Buffett famously called Bitcoin Rat Poison several years ago, he was right.

Bitcoin is Rat Poison, for cash.

That's not exactly what Buffett meant, but bitcoin is rat poison for cash because it's going to kill cash.

Anyone holding cash for years gets killed, anyone holding bitcoin for years gets rich.

Bill Miller gets it, Buffett doesn't.

The FED targets 2% inflation every year, which means that the dollar loses 2% of its purchasing power every single year.

If you held cash for a decade you'd lose a ton of purchasing power.

If you held bitcoin for a decade you'd be picking out your lambo.

Which one would you rather hold?

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