Crypto is obviously not a safe storage of wealth when it easily crashes 50-90% (or more) on a whim. People are moving their money out of stocks and the bubble has burst.
But where is money going? Cash is losing like 8-10% in value each year and we can clearly see this by rising food and energy costs. Everything is more expensive.
Where does money go? I guess gold and silver are semi-safe, but does more money go into real estate (in high demand areas) because housing is something that people LITERALLY need and thus retains or increases in value through that need?
Submitted May 12, 2022 at 03:10AM by flovidchan https://ift.tt/lXO7bHx
