Originally Posted by The_Real_Hawkeye
Originally Posted by Toddly
I’ve bought into crypto a little at a time for the last 14 months. If it goes into the lower 30s I’m going in big.

At one time, a single tulip bulb was equal in price to a mansion on the Amsterdam Grand Canal. The difference between a tulip bulb and a Bitcoin, however, is that you can actually put a tulip bulb in some soil and get a tulip to grow from it, i.e., it actually has some intrinsic value.

With bitcoin, it's possible to be your own bank. Can't do that with a tulip.

@jameslavish

If you work 40 hrs/wk: at 5% inflation and after 5 years, you need a 28% pay raise or to work 44 more hours (*one full extra week* per month+) to make up the difference.

This is inflation