Talk of The Villages Florida - I wish I had bought bitcoin back then!!

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Quote:

Originally Posted by Aces4 (Post 2443826)

So they just print more more worthless dollars. The belief in the dollar is all in our heads.:MOJE_whot: Scary, isn't it?

Economic treadmill with no way off

Quote:

Originally Posted by Rainger99 (Post 2443818)

Hopefully someone from the Crypto Currency Club can answer that.

The same way you would change your Amazon stock into cash.
I purchase it on an exchange, Coinbase. If I want to cash out it is just a bank transaction.
The reason people gravitate to Bitcoin as an investment is that there will only be a finite number of coins. Not all are in circulation yet.
The federal government just prints money irresponsibly and our children will have to somehow pay the price. Our dollar continues to slide in value.
The Trump family, Musk and almost all financial institutions are crypto investors. Trump instituted a crypto czar and there is a Bitcoin Reserve Bill in the works.
I don’t put all my money there, just a percentage. It’s a hedge.
Do what is comfortable for you. I’ve been a member of the crypto club in the Villages for 5 years.
It’s a fun group of intelligent people. A nice place to be.
Check it out on Facebook.

Bitcoin hits another record high

On July 10, 2025, the world's largest cryptocurrency rose to a fresh record high of $113,734.64. It is now up about 21% this year.