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0 pointsarcticbull5y ago0 comments

Yes they are all wrong.

Literally anything you buy is 100% inflation resistant. Literally. Anything. Shoes, gum, dryer lint, stocks, real estate, crypto. Once you're not in fiat currency the only thing that matters is ROI, not inflation.

Anything offering you 15% APY for "no risk" is a great way for you to go bankrupt because obviously something hasn't been priced in. If the benchmark interest rate is 0% ask yourself why on earth you're getting 15%. If someone offers you something that seems too good to be true it absolutely is.

DeFi is decentralized 2008.

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fredfoobar5y ago

Must be nice to be so pessimistic

arcticbullOP5y ago

I'm actually known as quite an optimist when im not dealing with speculative manias :) I would caution you however that such replies aren't in the spirit of site rules. I suspect that is why so many of your comments are flagged and deleted.

The site guidelines are available for your reference: https://news.ycombinator.com/newsguidelines.html

fredfoobar5y ago

I'm sorry you still think it's a speculative mania. Optimists don't go out of their way to put down things that are seemingly useful to others. Just because you don't find it useful doesn't mean it's useless. Bitcoin is a decentralized, non-state asset and the market is valuing it appropriately, and it will continue to do so.

What you seem to be saying is that the market participants are idiots and are in a state of mania, and that you somehow "know better" than them. This is equally bad, maybe HN rules should add this in too, because the condescension is tiresome.

I'm not sure why you felt the need to "caution" me about the way I write my posts on here and point me to the rules, but I'll have you know that the "fake points" I gained were a (large) order of magnitude greater than the "flagged" posts.

Have a nice day.

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0 pointsarcticbull5y ago0 comments

Yes they are all wrong.

DeFi is decentralized 2008.

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fredfoobar5y ago

Must be nice to be so pessimistic

arcticbullOP5y ago

The site guidelines are available for your reference: https://news.ycombinator.com/newsguidelines.html

fredfoobar5y ago

Have a nice day.

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