Even a bank deposit in rubles at 15% per annum seems laughable.
Storing and saving money in a currency that is being printed at the speed of light is madness suitable for the working class to keep them always poor.
This strategy is not suitable for creating wealth and capital that will work for you.
Important: I’m not saying that fiat money is unnecessary. It is needed. But not for simple accumulation under the pillow, but for investment in assets that will generate income for you.
Let me remind you that absolutely all state currencies throughout human history have collapsed. Just in case.
Stock Market
In all traditional financial instruments, you have absolutely no control over your money.
Sanctions are imposed, and your money with a foreign broker is frozen for an indefinite period.
Soon they’ll introduce CBDC, and you’ll only be able to buy what’s allowed. And if you don’t spend your monthly salary to stimulate the economy, it’ll be zeroed out.
I’ve made my choice towards cryptocurrency.
The first reason – independent control of your money. And for this, you don’t need to buy volatile assets.
If you just want to hold dollars – buy USDC or USDT. Put it on AAVE and steadily get 5% per year.
Afraid of USDT or USDC freezing – buy DAI.
It’s better than any bank deposit in rubles.
But I want to convert my most valuable resource – time, into something that will retain its value over time.
Into something that cannot be printed out of thin air in unlimited quantities.
Into something that operates autonomously and is beyond government control.
Bitcoin is not a tool to become fabulously wealthy in a short time.
It’s a bet that the dollar will continue to lose its purchasing power indefinitely.
For me, Bitcoin is digital real estate. It’s a modern tool for wealth preservation. To preserve what you earn with hard work.
And still, the best investment remains an investment in yourself.