Notices by I)ruid (druid@infosec.exchange)

@HalvarFlake Because it's all denominated in inflationary fiat. The yardstick isn't something else denominated in fiat, it's the monetary expansion rate. If the broker, index, etc. isn't beating the monetary inflation rate, you're still losing value. Very few fiat-denominated investments do. Average for the past 3 years was something like 18%. Are your fiat-denominated investments returning North of 18%?

@HalvarFlake "Crypto" is also pretty bad. There's some interesting tech, but the entire ecosystem is awash with scams and grifters. Most that come to understand Bitcoin fairly quickly realize it's a different thing and separate it from "crypto" in their minds. Bitcoin is overwhelmingly good for society as a fair monetary system and incentivises clean & renewable energy, as well as soaking up waste and stranded energy. I highly recommend studying Bitcoin even if you currently don't like it for some reason (: