Monday, 13 February 2023

Saving with a deflationary currency is important in the 3rd world where the barrier to entry for investing is high. Why is saving important in the 1st world when we can easily buy fractions of productive assets?

Put differently, if someone in the 1st world immediately invests their discretionary income, what difference does it make to them if they get paid in fiat or bitcoin?

submitted by /u/gonzo1483
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