[Red Badger]

It’s just 1’s and 0’s in somebody’s computer...............

[AAABEST]

Exactly - who in their right minds invests in digital nothing?

I’ve never even liked paper assets- the dollar, bonds etc. - and only do hard, tangible assets like real estate, oil, metals and the like. No matter how the markets go, you still have the asset.

At least with stocks and bonds you have the paper or IOU. With crypto, you have nothing but digitized vapor and a passkey.

[PTBAA]

“It’s just 1’s and 0’s in somebody’s computer...”

The same as almost all the money you use right now.

[Retain Mike]

Good observation. I also realize that my two pension checks and our SS checks are also ones and zeros, and the closest they come to reality is the display of numbers on my computer monitor.

I remember that when I got my first check for berry picking that I insisted to see real money, so my parents cashed it for 93 silver dollars and let me enjoy that for a few days before it went off to the savings account.

[nitzy]

It’s just 1’s and 0’s in somebody’s computer...............

Similar to your 401K balance or your stock portfolio or your bank balance?

Do you think your bank has a vault filled with all of the money you have deposited?

It's all 1's and 0's

The question is:

What is going to be worse...

The 1's and 0's in your bank's database being devalued by nonstop printing of fiat dollars.

OR

The 1's and 0's in your blockchain secured wallet being devalued due to market volatility.