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It’s not about getting into Bitcoin. It’s about getting out of Fiat
By Side Hustle Rich  •  January 11, 2021
When people talk about investing, they usually say to leave as little cash in the bank as possible, especially in times of low to zero interest rates, and a rapidly evolving certainty of escalating inflation. With stimulus money flooding the economy, where’s a good place to stash our cash? Most people live in a world where they think assets increase in value. In that world, they think there’s nothing wrong with fiat money, and that the assets they have (real estate, equities, precious metals) just magically increase in value over time, because they are assets. The reality is they are not so much assets that increase in value because they are inherently valuable. They are valuable relative to fiat money, because ALL our currencies are decreasing in value. I don’t value my cup of kopi siewdai any more this year than last year. But how come i’m being charged $1.30...
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By Side Hustle Rich
I’m Richard, creator of SideHustleRich. I created this site to journal my experiments, experiences and thoughts on working up multiple streams of income, in an attempt to achieve financial independence. I’m a happily married man and a father to two young boys. I don’t believe in working until i’m 65, maybe enjoy 5 years of retirement before starting to ache all over from basically growing old and tired.
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