Why Bitcoin Is an Underpriced Conservative Investment Today
We are transitioning from wondering, "Should I own Bitcoin?" to "How much Bitcoin should I own?" Here's why making the transition sooner will benefit you.
The costs of everything are going up. Mcdonald's, insurance, cars, interest rates on credit cards, education, entertainment, and even eggs have become overpriced. And now, they are prepping us that the inflation won't leave easily and that the Fed will have to slow the economy to curb the inflation.
I saw an article today saying to invest in fine art, wine, and property to beat inflation. This is like telling a car mechanic to wear a three-piece suit to work. The article was written for someone, but it wasn't targeting me.
But there are a couple of problems with the Fed single-handedly fighting inflation. First, the Fed has induced inflation by printing massive amounts of money with loose monetary policy (low-interest rates). Can we depend on the Fed, who got us into this mess, to navigate us out of our mess? Second, if we know our currency is losing buying power, where can we park it and protect our wealth?
The first question comes down to your faith. Regardless of what I say, you either have faith in the Fed or…
