8 Comments
Sep 3, 2021Liked by Mark Helfman

The money's going down a dead end. False methods and persistence applied. I think someone who knows about this situation is watching with their mouth open.

People are starting to realize it now. They need to understand the depreciation. Bitcoin is the solution. Need to know this. The deniers have always regretted it, and I think it will continue to be.

Thanks for the article.

Have a nice day.

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Currently, 22% of the US dollar in circulation is produced in 2020. When I found out, inflation seemed very normal to me.

If that happens, of course, inflation will rise. They cashed all the papers they had. Didn't they think about it? What's the result of this?

They should think about it. I see them drifting towards a dead end. Interest rate inflation unemployment impasse. It's such an artificial system. Wherever they hold it, the other side dies. It's a complete mess. It's getting bigger every day.

Instead of changing the tire, they patch it up. It explodes even worse in the future. The solution is to change the tire, but they're afraid of it.

Because he has dirty work. Dirty work that people shouldn't learn. I think that's what they're afraid of.

Thanks for the nice post

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Sep 3, 2021Liked by Mark Helfman

It doesn't mean inflation is real if FED is trying to cover it up. Impact of it is even visible in countries like USA and China, so think about developing and undeveloped countries. I'm sick of seeing prices of everything going up in my country, and I have a feeling that they will never come down again. Any good news doesn't make them stable anymore, instead -weirdly- they don't stop going up. It has been like this recent 4-5 years, but especially after the virus strike last 1.5 years it is more visible than before. People started to lose their hope, that's why they tend to see crypto as a way out. Looking back 15 years ago 5 units of the money was something like treasury for a child, now 20 units doesn't mean anything. It's just sad to think about...

Moreover, I think pandemic changed the world completely. Everyone started to notice importance of digitalization, and they started to step up by coming with distinct ideas to cover their unemployment. So many people got rich thanks to this, therefore I think last 2 years was some kind of a landmark in human history. I don't think it will be same like previous years in terms of inflation and working order.

I placed in my mind the idea of flowing money out of fiat. It might be risky to invest in currencies like Bitcoin, but I'm aware that I'll be in more risky condition in future if I don't act accordingly.

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Sep 3, 2021Liked by Mark Helfman

Especially after the pandemic, people turned to crypto more. Aid from the US government may also have kept them from returning to work. Unfortunately, not all governments provide such assistance.

As a student, I can make very good earnings thanks to crypto and I don't have to tire myself physically. There are many people in this situation all over the world.

That being the case, why would people risk their own physical and mental health? Or why deal with stupid customers? Whether there is government assistance or not, people do not need those jobs thanks to crypto. Not everyone, of course, but most of them are.

That's why Bitcoin and cryptocurrencies are much more successful and meaningful than fiat money.

Thank you for the article.

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Sep 5, 2021Liked by Mark Helfman

Inflation is increasing in America. On the other hand, including the countries I live in, it has already reached the stage of hyperinflation.

Many people envy life in America.

But unfortunately that too is drifting into the swamp.

The biggest reason is the uncontrolled printing of paper money.

The solution to this is Bitcoin.

Limited supply and a large increased volume.

I hope people start following the bitcoin revolution, not going to other countries anymore.

Thanks for the article and information.

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In fact, America is much more advanced than my country. But people believe that the best will always remain the best.

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Sep 3, 2021Liked by Mark Helfman

Crypto is the best safeguard against inflation. People in countries with hyperinflation know this and have been preparing accordingly.

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Sep 3, 2021Liked by Mark Helfman

While inflation was just beginning to be felt in the US, many countries were feeling it much more severely. This has increased with the effect of the pandemic and now any product is getting more expensive every day.

To buy a technological product, "I wonder if it will go on sale? Will the price be even cheaper?" It is best to buy it at that moment without thinking like that, because it will be more expensive. If there was no inflation, neither the grocery shopping would be different every year, neither the rents would increase nor the salaries would change. These are all the result of inflation.

In that case, it makes a lot of sense to embrace crypto. It is preferable to invest in Bitcoin or cryptocurrencies as the country's currency depreciates. If risk is to be taken, I prefer that kind of risk.

Thanks for the article!

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