How are you protecting your FIAT money from Inflation?

[HardRJones]

Isn't a pegged currency like a stablecoin only as stable as its peg?

Everything has risk. Think a gold-backed currency can't suffer hyperinflation? Look at Spanish empire in the 1500s after the discovery of the new world. Precious metals have risk. Crypto has risk. Land has risk. Currency has risk. Stocks and bonds have risk. Success hinges on how well you evaluate risk.

 

[W Fish]

HardRJones said:
Isn't a pegged currency like a stablecoin only as stable as its peg?

Everything has risk. Think a gold-backed currency can't suffer hyperinflation? Look at Spanish empire in the 1500s after the discovery of the new world. Precious metals have risk. Crypto has risk. Land has risk. Currency has risk. Stocks and bonds have risk. Success hinges on how well you evaluate risk.
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If everything has a risk, then against what do you measure that risk?

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Expense invoices with cashback (in crypto). Crypto on/offramp with invoices. Crypto SOF solutions.

 

[Martin Everson]

FATCA said:
Where do you prefer to buy land on earth or moon?
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Moon as they take crypto.

https://lunarregistry.com/buy-moon-land

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Please note my posts should not be taken as financial or tax advice. Please seek professional advice in that respect.

 

[myshufflemix]

Martin Everson said:
Moon as they take crypto.

https://lunarregistry.com/buy-moon-land
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are you serious 😀?

 

[Martin Everson]

myshufflemix said:
are you serious 😀?
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No...lol

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Please note my posts should not be taken as financial or tax advice. Please seek professional advice in that respect.

 

[myshufflemix]

HardRJones said:
Isn't a pegged currency like a stablecoin only as stable as its peg?

Everything has risk. Think a gold-backed currency can't suffer hyperinflation? Look at Spanish empire in the 1500s after the discovery of the new world. Precious metals have risk. Crypto has risk. Land has risk. Currency has risk. Stocks and bonds have risk. Success hinges on how well you evaluate risk.
Click to expand...

can you be more specific to what it is you want to protect yourself against ?

 

[aage]

If you wanna stash 100 grand in cash sewn into your mattress, how fast is it gonna lose value, and what can you do to stop that from happening?

 

[W Fish]

aage said:
If you wanna stash 100 grand in cash sewn into your mattress, how fast is it gonna lose value, and what can you do to stop that from happening?
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10+% per annum.
buy BTC

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Expense invoices with cashback (in crypto). Crypto on/offramp with invoices. Crypto SOF solutions.