My Actifit Report Card: August 2 2024 - Crypto Tips Shows Bullish Chart

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(Edited)

Toby from Crypto Tips talks about inflation collapsing fiat so we need to buy Bitcoin. Check out this YouTube video.

Toby says the US Debt is 1.22 times bigger than the Gross Domestic Product which is the country's income. This debt has been growing.

His second point is that 1 in 5 people in the US who are between 25 and 35 years old live with their parents. This is mainly due to the high cost of buying a house or paying rent.

Toby gives his main point at the end. National debt is rising and interest on it is high. This is lowering the purchasing power of fiat. Therefore Toby thinks you will lose money if you have it in fiat but you will be fine if you own Bitcoin since the number of Bitcoin tokens is capped at 21 Million. He thinks the rising national debt and lowering purchasing power of fiat is bullish for Bitcoin.

Do you agree?

My Activity

today was pretty good. My 7K number was from moving around the house and from a walk.

My daily nightly walk was a little shorter than usual. Although it wasn't super hot out, it was still warm and very humid. I look forward to cooler nights when it is more comfortable to walk.

Have a great weekend! :)

P.S. Have you claimed your free giveaway at @tokenfaucet yet?


This report was published via Actifit app (Android | iOS). Check out the original version here on actifit.io


02/08/2024
7225
Daily Activity, Walking

actifit bitcoin fiat debt sportstalk movetoearn move2earn hive-193552
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5 comments
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Interesting perspective! It's always crucial to stay informed about economic trends. Bitcoin could be a viable hedge against inflation. Looking forward to hearing more insights from Toby!

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I know nothing about it but let me just assume that I agree
I’d make my findings but we need that pump
It is important

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Congrats on providing Proof of Activity via your Actifit report!

You have been rewarded 54.13 AFIT tokens for your effort in reaching 7225 activity, as well as your user rank and report quality!
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    The chart is really looking so bullish and I am quite confident about it actually

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    I have been also hearing about USA debit. is it 34 trillion $?

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