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A comment on Russian central bank confirms block on foreign bids to sell Russian securities. Parent comment

Re:Russian central bank confirms block on foreign bids to se... by shafyy on Monday February 28, 2022 @08:28AM (#30499562)
The median US citizen's savings is around $5k, and the US is the richest country on Earth (or so I'm told) [0]. So, my point stands: Most people don't have a lot of savings, and don't have the luxury to just save money for a later date.

0: https://www.valuepenguin.com/banking/average-savings-account...

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Re:Russian central bank confirms block on foreign bids to se... by soared on Monday February 28, 2022 @09:30AM (#30500186)
That is bank account value (typically spending money and emergency fund) and does not include retirement savings (401k, ira) or other wealth stores (house, car) so it’s not really an accurate picture of long term savings.
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Re:Russian central bank confirms block on foreign bids to se... by shafyy on Monday February 28, 2022 @10:09AM (#30500610)
Yes, but how would they turn their 401k and house into Bitcoin?
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