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A comment on Bitcoin: Be prepared to lose all your money, FCA warns consumers. Parent comment

Re:Bitcoin: Be prepared to lose all your money, FCA warns co... by jbay808 on Monday January 11, 2021 @11:22AM (#25731064)
But these days we do expect every cook and taxi driver to be in the market, because dollars in a savings account are getting returns below inflation.
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Re:Bitcoin: Be prepared to lose all your money, FCA warns co... by leppr on Monday January 11, 2021 @09:49PM (#25741639)
That's the real tragedy of this uncontrolled fiat money printing. Any way you cut it, the poorer one is, the lower the % of assets to cash one owns (all the way to 0). Small bouts of token helicopter money don't fix this. Bitcoin doesn't fix this.
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Re:Bitcoin: Be prepared to lose all your money, FCA warns co... by diegocerdan on Monday January 11, 2021 @11:53AM (#25731653)
Agents are forced to play to avoid getting robbed by inflation thus wealth is transfered to owners from no-owners.

Luckly for the working class, nowadays everybody can invest with a cheap smartphone and their little capital thus there is nobody to rob from and the system collapses.

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