Assuming the title to be accurate, what is a good way for the working class (90%+ of all humans) to save and succeed in this current environment?

  • dmegatool
    link
    fedilink
    arrow-up
    2
    arrow-down
    4
    ·
    1 month ago

    It fluctuate vs the Fiat value, not with itsleft. The supply of BTC is determined, not like the printing machines we got now.

    • bionicjoey
      link
      fedilink
      arrow-up
      3
      arrow-down
      1
      ·
      1 month ago

      Nothing’s value fluctuates with itself. Money supply is controlled through interest rates in modern economies because it works better than directly controlling the money supply. Your comment betrays an unsurprising lack of understanding of the most basic concepts of economics. You’re just parroting some talking points you’ve heard from techbros.

      • hglman@lemmy.ml
        link
        fedilink
        English
        arrow-up
        1
        arrow-down
        1
        ·
        1 month ago

        No, you think economics is a physical science and it isnt. It works like it does bc its been made to work that way. It could work differently.

        Also Bitcoin isn’t the only way cryptocurrency could or does work.