Oddbean new post about | logout
 You can always save. It’s just that what you saved doesn’t hold its value before. 
 In other words: saving is broken. Ergo: you can't save.  
 Not necessarily, if you used your fiat to purchase real estate, or a Rolex, or something rare, those hold its value pretty much. You can save that way 
 You can't buy a fraction of a Rolex.  
 “Yes, just the lex, please” 
 Ill take the "Rol" . When we put both halfs together , we will know  what time it is : time for friendship <3 xoxo  
 Why buy a fraction when you have a credit card? 😆 
 Timeshares? I'd like to see a timeshare Rolex. 
 So everything (houses, watches, anything rare) should have a monetary premium and be used as savings… except the money?

Welcome to Venezuela I guess 
 Why do you think rich people spend millions buying bullshit “Art” , Cars, Houses, Yacht etc etc ? 
 I understand why they do it, I just don’t think that’s what the basis of your society should be. Bitcoin fixes that. That’s what @Gigi is talking about