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Bitcoin implosion
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Hick
Posted 2/28/2021 14:45 (#8863939 - in reply to #8863619)
Subject: RE: Bitcoin implosion


Sw mn
Greenfarmer2020 - 2/28/2021 12:44

This simple fear of being in anything right now..... cash is the biggest home run heading into a dollar run. Dollars buy so much more if one has em at the height of inflation.


I don’t know if I agree. I would much rather own hard assets in the current situation.

If you had $1 million in cash 6 months ago it still is still worth $1 million. If you had put it into land, fertilizer, corn or the stock market it’s worth more.

Raw plastic has doubled in the last 6 months.

This is part of the reason I believe in paying taxes, I want to convert income to land and other appreciating assets. Buying deprecating assets like trucks and machinery is just a waist of my time.

The other reason is I don’t see taxes going down.
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