INFLATION, A MOTIVATION TO INVEST IN CRYPTOFASHIONS

[dezoel]

In a sense, inflation is good because it forces people to spend. If people spend, commerce thrives, and the economy moves. There is no point keeping something when it rots over time. That's how fiat is. It's like a perishable food.

Second, inflation is good for those who borrow money. As money is losing value over time, what you borrow today is much more valuable than what you will pay in the future.

I'm not saying inflation is entirely good, though. And it seems that the tide is turning as far as appreciating inflation is concerned. There seems to be a paradigm shift and Bitcoin has probably played a vital role.

To keep something is not wrong but we must only use them before their expiration dates. Fiat is not a bad thing before because the inflation before is only small but it only grow and there something or someone that is responsible for that. I already heard the second thing that you said there. It must be one of the benefits of borrowing that some people fails to see and this makes them think borrowing money is a negative thing. Same goes with this inflation.

Hopefully you are right that people are now realizing it but it may not be really possible if without the help of Bitcoin and cryptos. This is one of the major eye-openers for the people to understand how money truly works.

[JiiBs]

We can always find some sort of silver lining out of any bad situation, but that doesn't mean they have any "benefit". Inflation is not an exception.

It’s always like a restart where those who are able to see the opportunity can utilize it for their own benefits. I think that’s the way the bear market is being looked at. Price dumps and it isn’t pleasing but, it’s also offers a buying opportunity and that’s how it works.

Crypto is now the second most popular asset class after stocks for retail investors

Statements like this are scary to me because they say "crypto" which means basically altcoins aka useless things that only get pumped and dumped. In short the altcoin market is a much worse version of the penny stocks market. "Assets" that get pumped a lot but they have no utility and can be created without any kind of cap or rules.
You can register your parents' garage as a company and sell penny stocks and make a profit just like you can create shitcoin after shitcoin out of the basement!

That’s some assertion that Bitcoin shouldn’t really be associated with as, it would make the whole idea behind it worthless like the millions of altcoins have proven to be over time. No wonder most users do try to get a clear distinction between Bitcoin and the many alternatives out there.

[South Park]

In a sense, inflation is good because it forces people to spend. If people spend, commerce thrives, and the economy moves. There is no point keeping something when it rots over time. That's how fiat is. It's like a perishable food.

Second, inflation is good for those who borrow money. As money is losing value over time, what you borrow today is much more valuable than what you will pay in the future.

I'm not saying inflation is entirely good, though. And it seems that the tide is turning as far as appreciating inflation is concerned. There seems to be a paradigm shift and Bitcoin has probably played a vital role.

To keep something is not wrong but we must only use them before their expiration dates. Fiat is not a bad thing before because the inflation before is only small but it only grow and there something or someone that is responsible for that. I already heard the second thing that you said there. It must be one of the benefits of borrowing that some people fails to see and this makes them think borrowing money is a negative thing. Same goes with this inflation.

Hopefully you are right that people are now realizing it but it may not be really possible if without the help of Bitcoin and cryptos. This is one of the major eye-openers for the people to understand how money truly works.

Fiat money is a scam no matter how I look at it, when gold was used as a currency, at least you knew that gold held some value by itself, but then paper money backed by gold was introduced that required to trust a central bank, a trust they broke and now we have money that is not backed by anything, so just because some fiat is printed slowly compared to others, at least in my eyes this does not make it less than a scam, as one of the characteristics that money was supposed to have was to be a store of value, and it is obvious that fiat is an awful store of value, which is why we have to look for other assets we can buy with our fiat to perform this function.

[peter0425]

I don't know if we can call it a benefit or not. Still, some businessmen, mostly in retail, tend to make more money when there is a sudden increase in the prices of goods in case they already have bought stocked a lot of those stuff in the past and since they have paid for them earlier, it wouldn't cost them any extra. Still, as the prices have increased due to inflation, they can sell them for a higher price giving them a higher profit margin.

It’s beneficial for businessmen and the likes but not for the common people. Of course this forces us to find sources of income but even with multiple sources of income, the cost of living is simply too high that they still can’t afford to pay for their own bills.

Only the rich become richer during inflation.