Nobody thinks in terms of "save and invest" anymore. It's all borrow and invest, or borrow and spend.
Post by twetch#116
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.
What the chain says
- Block
- 623 393
- Time
- 2020-02-24T02:11:06Z
- Signer
- 1HsARx3TiY2iYHWoyu4XF88fZq9rih32gH
- App
- twetch
- Type
- post
- Content type
- text/plain
- Name in tx
- twetch#116
Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.
Signed by
1HsARx3TiY2iYHWoyu4XF88fZq9rih32gH Verified