110 sats \ 1 reply \ @BlokchainB 20 Jun \ on: Can Bitcoin save value investing? econ
I sure hope so. Today’s stock market is a glorified highly regulated casino where the government picks winners and losers and the SEC acts as a bad referee to make sure no egregious scams make it to the public markets.
Investing fundamentals died. Wall Street just uses it to earn fees
Bitcoin is the best savings technology ever created so naturally risk will be priced properly and rent seekers like Wall Street and 401(k) managers will become obsolete.
At least I hope. If not I guess all of us bitcoiners will have fun staying poor.
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60 sats \ 0 replies \ @grayruby OP 20 Jun
I hope so too. We will have fun but I don’t think we will be poor. Even if Bitcoin doesn’t reach its full potential it will go up against fiat.
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