One year on, El Salvador’s Bitcoin experiment has proven a failure

Re:One year on, El Salvador’s Bitcoin experiment has proven ... by nightski on Wednesday September 14, 2022 @01:47PM (#32840660)

Inflation is basically the exact definition of the change in USD's value relative to goods & services.

Unless you are arguing we currently don't have any inflation, which would be a tough sell :)

Also this last CPI report oil & gas pulled inflation down whereas just about everything else pulled it up. Food is hot, but a lot of other things are as well including non-commodity service based industries.

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Re:One year on, El Salvador’s Bitcoin experiment has proven ... by dragontamer on Wednesday September 14, 2022 @02:23PM (#32841146)

> In fact, holding Cash/USD has been basically one of the best performing things in my entire portfolio this year (after oil/energy)

This is what I'm arguing. Do you deny it?

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In a bear market, you don't have to outrun the bear to get ahead. You only have to outrun your friends.

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