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RE: Starve the Parasites

in Proof of Brain3 years ago

I still don't think there is any need to completely divest from the fiat market. In a way, I prefer a half and half investment as there is money to be earned in both markets. Obviously crypto is higher returns but riskier though

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Obviously crypto is higher returns but riskier though

I disagree with this... Crypto is riskier when people don't know what they are doing...

But, I agree that there are opportunities on both sides... The big difference is that one side is "fairer" than the other one... When you are participating in the fiat economy, you are handicapped from the first day...

Try to open your own company and see how it goes... :) For the first 5-10 years you are working for the government and taxes, and after that, you earn something for yourself... If you survive, not bankrupt, or stay alive...

Well the riskier portion is something I do agree. Fiat might have troubles but I don't think the dollar is going anywhere for the next decade or two. As for other fiat currencies, I am not so sure.

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