温馨提示：本站仅提供公开网络链接索引服务，不存储、不篡改任何第三方内容，所有内容版权归原作者所有
AI智能索引来源：http://www.bee.com/ko/56173.html
点击访问原文链接

Bankless co-founder Ryan’s letter to his son: Don’t put your money in the bank, put it in cryptocurrencyRecommended Arti | Bee Network

进入原网站 导航首页
Bankless co-founder Ryan’s letter to his son: Don’t put your money in the bank, put it in cryptocurrencyRecommended Arti | Bee Network Login 인기 뉴스 밈 런치패드 AI 에이전트 DeSci 탑체인 익스플로러 뉴비의 경우 100x 코인 꿀벌 게임 필수 웹사이트 필수 앱 암호화폐 유명인 드핀 루키 에센셜 함정 탐지기 기본 도구 고급 웹사이트 교환 NFT 도구 안녕, 로그아웃 웹3 유니버스 계략 DApp 꿀벌 하이브 성장하는 플랫폼 기원 후 찾다 영어 코인 충전 로그인 다운로드 웹3 유니 계략 DApp 꿀벌 하이브 기원 후 집•분석•Bankless co-founder Ryan’s letter to his son: Don’t put your money in the bank, put it in cryptocurrencyRecommended Arti Bankless co-founder Ryan’s letter to his son: Don’t put your money in the bank, put it in cryptocurrencyRecommended Arti분석6개월 전업데이트와이엇 22,574 12 원문: 루피, 포사이트뉴스

Editor’s Note: This article is a letter from Bankless co-founder Ryan Adams to his son. In it, Ryan offers some wealth management advice, the core message being, “Don’t keep your money in the bank,” claiming banks are a triple scam. Ryan ultimately offers an alternative: keep some US dollars for daily expenses and invest your wealth in a portfolio of assets that can store value over time, such as Bitcoin, gold, and stocks. The following is a translation of the full letter:

Dear Son,

Don’t keep your money in the bank. Banks may seem safe, but they are actually a triple “scam.”

Scam 1: They stole your profits At any given time, there’s actually a risk-free return on the US dollar: Treasury bonds. Treasury bonds, in simple terms, are “US dollars wrapped in short-term government bonds,” offering a fixed return of 4.2%.

There is no additional risk, it is equivalent to free money, and it is tailor-made for you.

However, the bank will not give you this money in your savings account, but will pocket it. They will not tell you about this income, will not help you exchange the US dollars for treasury bonds, and will even actively lobby the US government to prevent depositors from receiving this income.

The bank takes 4.19% of the profit and only gives you 0.01%

Rich people don’t keep their money in banks at all; they put their cash into government bonds instead of savings accounts. But the middle class and the financially illiterate have their profits stolen every day by the “friendly” bank next door, without them even realizing it.

Bank lobbyists are still eyeing the tiny returns of 암호화폐currency stablecoins, trying to keep them out of reach. They’re spreading panic, saying that without the “blood-sucking” savings account business, the entire financial market will collapse!

Yields will change, so you have to watch what the Fed Chairman says, but as long as yields remain positive, put your dollars in short-term Treasury bonds and money markets, not in bank accounts.

Scam 2: The so-called income is not real income Now you know the next secret: the yield is fake.

Do you think the 4.2% yield you’re getting now can offset the loss in purchasing power? Actually, that’s just the “nominal rate of return.” The purchasing power of the dollar shrinks every year. This is known as inflation. Even in good times, inflation is to be expected, and it’s even more severe in bad times.

Over the past four years, your actual earnings have been roughly as follows:

The account’s rate of return minus the annual CPI is not very good.

So in two of the last four years you lost a lot more than you made.

But the reality is even worse: the “fake returns” you receive will be taxed as income.

Assuming your income tax rate is 20%, you have to pay 20% tax on those “fake gains” first. So the actual gains are actually like this:

Before the inflation “tax”, you paid income tax first, and the US dollar is equivalent to double taxation.

Real rate of return = nominal rate of return – inflation.

They want you to think that inflation is a natural force like gravity or the laws of physics. It is not at all; it is a deliberate design of the modern system of government and central banks.

Inflation is a tax, just like any other tax, except that they hide it.

I know you don’t mind paying your fair share of taxes. Public services are important, and you recognize the common good. But what about this hidden tax? Is it fair to target middle-class savers who are trying to save for the future?

Learn from the rich: they avoid the “savings tax” by holding a lot of assets instead of US dollars. This brings us to the third and most insidious layer of nested “scam”.

Scam #3: The money itself isn’t real Okay, I’m exaggerating a bit. The US dollar is real, but it’s a temporary thing. It’s good for short-term payments, not for storing wealth across time or for the future. It’s a medium of exchange, not a store of value.

The base money supply is called M0, which is cash and bank reserves. You can see how much it rises during a crisis. The overall trend is upward.

The dollar has no long-term scarcity constraint, and its supply is always increasing. Your percentage of the total supply is shrinking much faster than the returns can make up for it, because they keep printing money.

The amount of dollars printed is almost never mentioned. Economists focus solely on inflation and purchasing power, but in the long run, an increase in the money supply devalues the dollar relative to assets. The more dollars are printed, the less valuable your money is.

The same is true for M2 (M1 plus short-term savings). It surges during crises and tends to soar.

Don’t get bogged down in the economists’ debates; just look at the charts. Regardless of who’s in power, the government will use printing dollars as a lubricant for economic and political stagnation. That’s what the dollar was designed for, not savings.

Look at the blue line in this picture:

The S&P 500 has risen 6,339% in US dollar terms since 1971, but has fallen 21% in gold terms.

Over the past 54 years, wealth has been better stored in gold than in the 500 largest and best-performing companies in the United States.

This chart isn’t meant to tell you to buy gold. It’s meant to tell you this: what they call “money,” what we use to measure everything, the dollars in your bank account, isn’t really “money” at all. It doesn’t store value, never has, and never will.

The “money” they talk about is not a store of value. So this is a three-layered “scam”:

Scam 1: Steal your profits; Scam 2: The so-called profits are not real profits; “Scam” three: The money itself is not “real”. What should I do then?

Keep some dollars for short-term needs, such as daily expenses, taxes, and emergency funds. Earn income in the form of government bonds.

Put all your long-term wealth into a portfolio of assets that store value over time: Stocks and real estate are good options, but so are Bitcoin, Ethereum, and gold. The latter three are scarce and protected from inflation. These assets appear risky because they are volatile, but volatility does not equal risk.

You can also place some medium-term wealth in government bonds, waiting for long-term value-store assets to decline in value before investing your cash. This is the key to investing, as Warren Buffett put it: Be greedy when others are fearful, and be fearful when others are greedy. Don’t rush to sell; wait for a major drop and think in terms of years, or even decades.

Try to use cryptocurrency tools and exchanges to operate these. Avoid cutting-edge risks. This way you can stay at the forefront while avoiding the pitfalls of cryptocurrency disrupting traditional finance.

School won’t teach you this, but you have to learn it, keep studying, and protect your future.

Don’t keep your money in the bank. Put it into assets and put it into cryptocurrencies.

이 글은 인터넷에서 퍼왔습니다: Bankless co-founder Ryan’s letter to his son: Don’t put your money in the bank, put it in cryptocurrencyRecommended Articles

Related: BOB announced that it will introduce native BTC into the DeFi system on the BitVM test network, with support from ten in On July 2, the hybrid Layer 2 project BOB (Build on Bitcoin) announced that it has officially enabled native BTC in its BitVM testnet, which is supported by ten industry leaders and DeFi leading institutions including P2P.org, Lombard, Solv Protocol, Amber Group, Ankr, RockawayX, Fiamma, UTXO Management, Luganodes and SatLayer. After the testnet is launched, the BitVM bridge and native BTC will be launched on the BOB mainnet in the fourth quarter of 2025. The successful activation of native BTC on the BitVM testnet has consolidated BOBs position as the home of Bitcoin DeFi, as it introduces native BTC (rather than wrapped BTC) into its extensive Bitcoin DeFi ecosystem, which is fundamentally different from other wrapped BTC currently used in DeFi that rely on centralized custodians or multi-signatures. BOBs BitVM…

# 분석# 비트코인# 암호# 이더리움# 교환# 마켓# 도구© 版权声명배열 上一篇 톰 리의 이더리움 밈: BOOE의 종교적 내러티브 해석추천 기사 下一篇 Hyperliquid once again exposed to whale manipulation: XPL rose 200% before the market opened, and short positions were l 상关文章 24-Hour Hot Coins and News | The probability of a 25 basis point Fed rate cut in October is 91.9%; 6086cf14eb90bc67ca4fc62b 20,106 Yupp raises $33 million in seed round, former Twitter technical backbone reconstructs AI model evaluation system 6086cf14eb90bc67ca4fc62b 38,923 Marc Andreessen, the operator of technology power in the White House 6086cf14eb90bc67ca4fc62b 29,384 3 Planet Daily | US court rules that sanctions on Tornado Cash smart contracts are illegal; MicroStrategy founder Michael 6086cf14eb90bc67ca4fc62b 37,190 Trump harvests crypto dividends on two fronts: companys 2.3 billion Bitcoin reserves approved, personal annual earnings 6086cf14eb90bc67ca4fc62b 25,127 2 Ethereum’s identity dilemma: Is it cryptocurrency, or a shadow of Bitcoin? 6086cf14eb90bc67ca4fc62b 17,501 2 댓글 없음 댓글을 남기시려면 로그인이 필요합니다! 즉시 로그인 댓글이 없습니다... 최신 기사 Blockchain etabliert sich als Schlüsseltechnologie in klassischen Branchen 11시간 전 482 Polymarket vs Kalshi: Who is the King of Prediction Markets? 20시간 전 677 CRCL Surges 35%: Circle’s Q4 EPS Exceeds Expectations by 169%, AI + Stablecoin Moat Continues to Deepen 20시간 전 533 Jane Street Halts “10 AM Dump,” BTC Stages Strong V-Shaped Rebound, Surging Toward $70K 20시간 전 579 From Terra’s Collapse to the “10 AM Smash”: How Jane Street Played Both Continents’ Markets? 20시간 전 495 인기 있는 웹사이트TempoGAIBLighter글라이더PlanckRaylsBCPokerKite AI Bee.com 세계 최대의 Web3 포털 파트너 코인카프 바이낸스 코인마켓캡 코인게코 코인라이브 갑옷 Bee Network 앱을 다운로드하고 web3 여정을 시작하세요 백지 역할 자주하는 질문 © 2021-2026. 모든 권리 보유. 개인 정보 정책 | 서비스 약관 꿀벌 네트워크 앱 다운로드 Web3 여정을 시작해보세요 세계 최대의 Web3 포털 파트너 CoinCarp Binance CoinMarketCap CoinGecko Coinlive Armors 백지 역할 자주하는 질문 © 2021-2026. 모든 권리 보유. 개인 정보 정책 | 서비스 약관 찾다 찾다사이트에온체인사회의소식 熱门推荐 : 에어드롭 헌터 데이터 분석 암호화폐 유명인 함정 탐지기 한국어 English 繁體中文 简体中文 日本語 Tiếng Việt العربية Bahasa Indonesia हिन्दी اردو Русский 한국어

智能索引记录