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Short term no, but long term it seems like a safer option than Fiat which is guaranteed to lose value through inflation.It doesn't make it safe, which was the initial claim.
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Short term no, but long term it seems like a safer option than Fiat which is guaranteed to lose value through inflation.It doesn't make it safe, which was the initial claim.
Short term no, but long term it seems like a safer option than Fiat which is guaranteed to lose value through inflation.
Short term no, but long term it seems like a safer option than Fiat which is guaranteed to lose value through inflation.
It's amazing how many people are unaware of the inflationary risk to their money.
The inflationary 'risk' to money is small and reasonably well understood. Compared to the volatility risks of cryptocurrency it's negligible. Just because the value of A may go down slowly in a managed, long-term way doesn't make B a haven.
The value of all fiat is linked to confidence, I would say that is equally true of Bitcoin despite being finite.
So in terms of a novice, it looks like it will be really difficult to get something decent for a normal price? Until.... mid/end 2021? I am just trying to guage whether to start buying bits slowly in the meantime.
Cards are still selling fast but not quite as fast as before. I predict normal availability by April.
Cards are still selling fast but not quite as fast as before. I predict normal availability by April.
Cards are still selling fast but not quite as fast as before. I predict normal availability by April.
It's amazing how many people are unaware of the inflationary risk to their money. "But it's safe in the bank". The more money you have, the bigger the issue finding somewhere safe (at least keeps up with inflation) to keep it is. Nothing is 100% safe, which is why any decent advisor will recommend spreading your money around to hedge those risks. I can only see products getting more expensive. The whole disposable goods and green agenda is becoming more prevalent, I foresee a return to the old days of more expensive, possibly home grown, goods that last longer and are more repairable. I don't include PC tech in all of this, that's too specialised.
Cards are still selling fast but not quite as fast as before. I predict normal availability by April.
Rumours of 4080 already and AMD released a 5000XT series card the same year as a 6000XT series card. Launches are getting closer and closer, I think within 5 years we will have 2 gpu series per year with 10+ sku's each, and it will be the complete norm to have no stock at all.
So in terms of a novice, it looks like it will be really difficult to get something decent for a normal price? Until.... mid/end 2021? I am just trying to guage whether to start buying bits slowly in the meantime.