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inflacionlatam
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The bank is robbing you in slow motion. And most folks don’t even know it.I'm about to show you a number that really got under my skin when I crunched the numbers for the first time.
Five years ago, in January 2020, $10,000 stashed in a bank savings account in Latin America was raking in about 1% to 3% annually. If you were lucky, you'd be looking at around $11,500 today.
That same $10,000 thrown into Bitcoin back in January 2020, when the price was around $7,000, shot up to $151,000 by November 2021. By 2024, Bitcoin smashed through the $100,000 mark for the first time ever, hitting a peak close to $106,000 in December.
The bank is robbing you in slow motion. And most folks don’t even know it.
I'm about to show you a number that really got under my skin when I crunched the numbers for the first time.
Five years ago, in January 2020, $10,000 stashed in a bank savings account in Latin America was raking in about 1% to 3% annually. If you were lucky, you'd be looking at around $11,500 today.
That same $10,000 thrown into Bitcoin back in January 2020, when the price was around $7,000, shot up to $151,000 by November 2021. By 2024, Bitcoin smashed through the $100,000 mark for the first time ever, hitting a peak close to $106,000 in December.
Five years ago, in January 2020, $10,000 stashed in a bank savings account in Latin America was raking in about 1% to 3% annually. If you were lucky, you'd be looking at around $11,500 today.
That same $10,000 thrown into Bitcoin back in January 2020, when the price was around $7,000, shot up to $151,000 by November 2021. By 2024, Bitcoin smashed through the $100,000 mark for the first time ever, hitting a peak close to $106,000 in December.
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