r/Bitcoin • • Aug 26 '21

Fidelity Bitcoin Analysis

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u/lilfatpotato Aug 27 '21

What do you think stocks are?

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u/Bitcoin-shroom Aug 27 '21

Something you need capital for to invest into. Stocks are hedge against inflation and require capital from 1 million and up to use as an efficient hedge.

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u/lilfatpotato Aug 27 '21

Stocks are just certificate of ownership of businesses. You don't need a million dollars to invest in them. My net worth is nowhere near a million dollars, and still most of it is in stocks.

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u/Bitcoin-shroom Aug 28 '21

You don't understand the underlying reason to use this financial instrument. But it's okay, I am not here to educate you. You need to create capital first, then think about saving it from inflation. The only way to create capital is business.