Re: Savings in Bitcoin vs Saving Money in a Bank
by on 14/12/2025, 22:56:37 UTC
Fiat losses her purchasing power overtime if you keep it in the bank due to inflation. Bitcoin is the opposite to fiat as it's a store of value overtime. You need to save the value of your sweat by investing it into bitcoin instead of giving it to the bank for them to do business with it and still condition you on how to withdraw your money. Wealthy people invest their money in order to generate profits.
To add to this: banks convince you to store your money with them in exchange for security and interest, which is too low compared to what inflation will do with your savings.
Only the money meant for spending is supposed to be sat in your accounts and the ones reserved for emergencies as well. The rest should be invested on something which have a bright future of given back good return of investment instead of stacking it where it will be same volume, but value reduced beyond expectation.