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POLITICSBiden Administration to release 2023 budget today including a new 20% billionaire tax(finbold.com)
submitted 3 years, 9 months ago by Yoshie5Bronze | QC: CC 20 to /r/CryptoCurrency (10m)
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[–][deleted]18 points3 years, 9 months ago

I'm with you except for the quick profits part. As a younger person in the US, I know that the company I work for gives 0 shits if my wage keeps up with inflation or cost of living. It's profit #1, PR #2... people #3027.

I'm in crypto as a long term retirement plan. I won't ever be the CEO, or be paid enough to buy a house in the next 10 years, so my only hope is to hold crypto long term. Yes, it's risky and volatile compared to conventional index fund investments, but I'd sooner lose it all and say I tried than spend the next 30 years as a number in the corporate system...

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[–]FlawsAndConcernsTin-8 points3 years, 9 months ago

Glad to know you're comfortable losing it all, as you almost certainly will, with that strategy.

The analogy of "MLMs for men" springs to mind...

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[–][deleted]2 points3 years, 9 months ago

To each their own, and it's possible, I suppose. In the meantime, it gives me the hope that maybe, just maybe, 10-15 years down the line, everything is going to be OK.

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