MultiversX Tracker is Live!

PSA: We are all El Salvador

Bitcoin Reddit

More / Bitcoin Reddit 242 Views

PSA:

Hey, you know how El Salvador had dollars, but when the Fed printed more, they didn't get any? (obviously).

We are all El Salvador. The Fed printed money and covered the balance sheets of their own member banks against "insolvency". The rest of us, we will face higher prices later.

Because we're not a hedge fund like Blackstone, Blackrock, we don't get to use the free money to buy houses.

Unless you are standing close to the money spigot, their money printing is completely screwing you.

Solution is to buy a hard asset like bitcoin with the fiat you've got. And/or rebalance to whatever risk/reward you think is best (I don't know your situation).

submitted by /u/walloon5
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments