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More / Bitcoin Reddit - 2 years ago

Should I transfer my emergency funds to bitcoin?

I'm 21, got a full time job, and have 10k in my emergency fund. Atm I still live with my parents, but looks like that will change in less than a month (they’re moving out). Is it wise to transfer my emergency funds to bitcoin? I'm just plague...

More / Bitcoin Reddit - 2 years ago

The simplest investment thesis for why bitcoin will go up in the next year: 1) Bail-ins 2) Bank insolvency issues / Bank runs. 3) Feds Turning the money printer back on. Any one of these 3 is almost guaranteed to happen.

Of all three of the scenarios laid out in the title of this thread, one has yet to take place (bail-ins, at least in America anyway) and 2 have already taken place. Silicon valley bank went out of business, almost sinking a few creditors with them, b...