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Author Topic: Money & Inflation  (Read 428 times)
buleidada
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February 24, 2019, 07:41:40 AM
 #41

  Inflation is not a good words in the country like Philippines and to others country that belong in the third world country and so stressful. So because of that I can choose money to can manage to support my needs and my family.
yes indeed inflation is very dangerous for all countries, both developed, developing and backward countries. My country of inflation can be overcome in various ways but few opportunities to reduce inflation
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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February 24, 2019, 08:32:02 AM
 #42

Hi everyone,

Please watch this video:
https://www.youtube.com/watch?v=THAaIZmxfNA

Quantity of money per unit of output and price index is deeply intricate. At the end of the day, the more cryptocurrency is produced without needed and real usage in economy the lower the value of your crypto assets.

In every beginning it`s like that, this wave of new crypto currencies, coins and tokens built on some platform will not last forever. Something like crystallization, we will see bad ones falling off, and good ones will make a beautiful stone. Money is just a medium of exchange, before couple thousands years money was in the form of small knives and spades, we have money in the form of gold and silver, now we have paper bills and from recently credit cards, crypto currencies are the next step in evolution. All of them have some similarities, pros and cons, but each of them is special for something. Some crypto assets have real usage already and high value, don`t believe in every video from youtube.

           
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Yusuf77
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February 24, 2019, 04:47:05 PM
 #43

Totally agree with most of comments. The inflation make me think there are not point to save money at all, you can imagine the money you save, after 10 years it is worthless, so why not spend them now, but then what happened if we need money if we don’t have saving. I think this is why I like bitcoin, there are limit of supply.
money and inflation are fears that make the government take unilateral decisions like crypto currencies are prohibited from being used in the country for fear of inflation
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February 24, 2019, 05:23:52 PM
 #44

The United States government will continue to pump out money so they can artificially raise the stock market up, this scam has been going on for decades and has gotten worse once they went off the gold standard.  at least bitcoin has no central party that can just print money like the FED.




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February 25, 2019, 03:27:55 AM
 #45

The United States government will continue to pump out money so they can artificially raise the stock market up, this scam has been going on for decades and has gotten worse once they went off the gold standard.  at least bitcoin has no central party that can just print money like the FED

If it is going to last another decade or two, then it doesn't really matter

Though I feel certain that it will last for longer, much longer, while the American dollar will be the last to bite the dust and kick the bucket. If this scam has been going on for years, why did it not end already? Or maybe, they are in fact doing everything right after all? If they are pumping out money like there's no tomorrow, we should expect at least 2-digit inflation rates, right? But inflation in the US has been one of the lowest in the world in the last years. How come?

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