Crypto-Follow logo Crypto-Follow logo
Seeking Alpha 2022-03-22 18:45:33

Billionaires Elon Musk And Michael Saylor: Dump The Dollar And Buy Physical Things

Bitcoin and Ether are private properties (unlike fiat currency), and they are scarce (like gold). Bitcoin supply is capped at 21 million while no new Ether tokens are being produced.The value of cash is disappearing at an annual inflation rate of 7.9% right now. Savings accounts are earning a measly 0.06% on average. Bond yields are underwater.Stocks have historically been up on average following the first rate hike in a new tightening cycle.Piper Sandler says that investors should be as “growthy” as possible, focusing on companies that demonstrate growth at a reasonable price (GARP).

#
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer