 | I will not talk to much about FIAT Money History, but as many people well know, the US Dollar is the World Reserve Currency (Bretton Woods Agreements)... US Dollar is the World Reserve Currency - DXY Index Composition This means that the Performance of the Dollar against to other Currencies affect the Markets, not only US Markets, affect the World Markets: Remember, what "supports the value" of foreign currencys are the US dollar (IOUs Paper, UST) they have in reserves. They only can trade with rest of the world with US Dollars, not with their local currency, this can promote aggressive Monetary Policies, but this is another subject. This means...???????????? In fact, every Investment in any Asset Class that have nominated their Value in Dollars are a Hedge from Dollar Debasement (Inflation) Bitcoin vs Dollar - Tradingeconomics Chart bug :P The Perfomance of Today ???? But... ¿What is the difference of Bitcoin with rest of Asset Classes?Bitcoin as a Digital Tangible Asset (Like Gold or House, but in the cyberspace) have a High Performance (%) as you well know, this performance depends on 1 thing: Limited & Immutable Supply (21M) ???? Bitcoin Limited & Immutable Supply = Perfect Inelastic Demand BITCOIN IS THE MOST FASTER HORSE OUT THERE, DON'T SELL IT????BTC WINS! A young Horse destroying the rest of the horses The Risk/Reward Ratio of Holding Bitcoin its more than fair, its just fking amazing... And no, you dont need to put your Entire Life Savings on Bitcoin This Post is not Financial Advice, but I hope this help you to do your own Research (DD)[link] [comments] |
You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.
Comments