Post by twetch#3065
Nobody thinks in terms of "save and invest" anymore. It's all borrow and invest, or borrow and spend.
What the chain says
- Block
- 623 393
- Time
- 2020-02-24T02:11:06Z
- Signer
- 1NAT3pdaHk7xqmnTJv1ouu7kRCxDYn8XZk
- App
- twetch
- Type
- post
- Content type
- text/plain
- Name in tx
- twetch#3065
Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.
Signed by
1NAT3pdaHk7xqmnTJv1ouu7kRCxDYn8XZk VerifiedReplies (1)
When you earn interest below inflation and when loans are cheap, the incentives aren’t there. But a deflationary money like Bitcoin fixes this. You want people to be able to ‘hodl’ and make money. It’s less risky than cheap credit.