Think back 10 years ago. Do you feel better off financially today than you did back then? On paper, you should. Higher income. Career progression. Business growth. And yet, many people feel poorer. Every week it’s harder to pay the bills. The mortgage hurts more. Saving and investing feels further out of reach. This isn’t a coincidence. It’s the result of out of control inflation, reckless government spending, and a broken monetary system. COVID lit the match and dropped it straight onto your hard earned dollars. Never before has the cost of living been this high, yet governments continue spending as if there are no consequences, printing their way out of trouble. And today, the RBA raised interest rates again. At a time when much of the world is easing, Australia is still tightening. Households and businesses pay the price. Ten years ago, I was on a modest graduate engineering salary. Today, I earn more than double that. And yet, I feel poorer. Back then, rent, food and petrol were cheap enough that saving and investing felt easy. Today, even on a much higher income, it feels harder just to keep up. That’s not personal failure. That’s systemic failure. The fiat currency system is fundamentally broken and beyond repair. And this is why I’m bullish on crypto. Not the ponzi schemes. Not meme coins. Not rug pulls. But the one asset that exists outside the system. A decentralised store of value. No central authority. No money printer. No politician pulling levers. Bitcoin. That’s the escape hatch. That’s where I’m placing my bets.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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