Don't hold Fiat currency anymore

gnome

Well-known member
  • Jun 9, 2013
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    After the pandemic people don't spend much so printing money and pumping it to the economy prevent it from going to a recession. There is a two side to the story.

    But what you say is true. To protect their wealth people should invest on assets currency is depreciating its value day by day.
     

    jhnnwp

    Well-known member
  • Jan 6, 2012
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    Sinhalu Rupees laga thiyaganna epa. Invest in properties, or other assets that doesn't get affected with inflation in a bad way.

    Our govt keeps printing money. The value of rupee is gonna get lower & lower.
    On top of that US goverment is printing a lot of USD now. so the value of usd is getting lower too.

    Meka mulinma godak effect wenne ape wage ratawalata mulinma. So don't hold rupees more than you need for daily needs. Better yet try not to hold any fiat at all.
    In hindsight USD is getting fucked bit by bit. And relatively rupee is getting ultrafucked because it's inflation on top of inflation.
    Try to hold assets that the govt can't sieze or control.
    govement ekata onama deyak seize karanna puluwanlu, seeni nandarelage neethiya ehemai.

    තැන්ක්ස් මචන්. මේ ගැන තව විස්තර කරපන් ඉස්සරහට වෙන්න පුළුවන් දේවල් ගැන. හුගක් උන් දන්නේ නැ ඉස්සරහට නන්නත්තාර වෙන සීන් එකක් තියෙන්නේ කියලා
    baiyanta oka therum gannama baha. un inne heenalokeka bai rajawaru, kumarawaru unta sihina lokayak mawala dei kiyala...
    ------ Post added on Mar 31, 2021 at 3:46 PM
     
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    Alucard_SxE

    Well-known member
  • Apr 18, 2015
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    ethakota salli USD/Rupees deken ekakwath thiyagaththoth wadak nadda ?

    danata as a start USD walin salli thiyaganna balanna. ita passe tika tika wena assets walata move wenna.

    Ubalata USD thiyagena 20% interest ganna widihak man pennannam crypto walin.

    https://app.anchorprotocol.com/earn

    me thiyenne Anchor protocol. Terra chain eke project ekak.
    Bascially convert all of your usd to usdt & then to ust (all are stable coins). & stake ust on anchor protocol. Right now 21% interest.

    Dan mata pennapan lankawe ekama bank ekak or any other financial institution ekak 20% interest ekak dena?
     
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    prasanna1992

    Well-known member
  • Apr 18, 2018
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    කොලොම්තොට
    danata as a start USD walin salli thiyaganna balanna. ita passe tika tika wena assets walata move wenna.

    Ubalata USD thiyagena 20% interest ganna widihak man pennannam crypto walin.

    https://app.anchorprotocol.com/earn

    me thiyenne Anchor protocol. Terra chain eke project ekak.
    Bascially convert all of your usd to usdt & then to ust (all are stable coins). & stake ust on anchor protocol. Right now 21% interest.

    Dan mata pennapan lankawe ekama bank ekak or any other financial institution ekak 20% interest ekak dena?
    මේක තව පොඩ්ඩක් විස්තර කරන්න පුළුවද?
     

    redux

    Well-known member
  • Feb 19, 2017
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    Sinhalu Rupees laga thiyaganna epa. Invest in properties, or other assets that doesn't get affected with inflation in a bad way.

    Our govt keeps printing money. The value of rupee is gonna get lower & lower.
    On top of that US goverment is printing a lot of USD now. so the value of usd is getting lower too.

    Meka mulinma godak effect wenne ape wage ratawalata mulinma. So don't hold rupees more than you need for daily needs. Better yet try not to hold any fiat at all.
    In hindsight USD is getting fucked bit by bit. And relatively rupee is getting ultrafucked because it's inflation on top of inflation.
    Try to hold assets that the govt can't sieze or control.
    If the dollar collapses property isn't going to help either
     

    redux

    Well-known member
  • Feb 19, 2017
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    why not? it doesn't get affected with inflation negatively. Might not be easy to liquidate easily but that's just about it
    Because the collapse of the dollar means collapse of our civilization. So you might as well invest in food and water.

    And no property can collapse too. Remember the 2008 housing crisis?
     

    dasith077

    Well-known member
  • Jun 18, 2009
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    Ⓔᗩ𝓇ţħ
    danata as a start USD walin salli thiyaganna balanna. ita passe tika tika wena assets walata move wenna.

    Ubalata USD thiyagena 20% interest ganna widihak man pennannam crypto walin.

    https://app.anchorprotocol.com/earn

    me thiyenne Anchor protocol. Terra chain eke project ekak.
    Bascially convert all of your usd to usdt & then to ust (all are stable coins). & stake ust on anchor protocol. Right now 21% interest.

    Dan mata pennapan lankawe ekama bank ekak or any other financial institution ekak 20% interest ekak dena?
    Uba meka karada?
     

    Alucard_SxE

    Well-known member
  • Apr 18, 2015
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    Because the collapse of the dollar means collapse of our civilization. So you might as well invest in food and water.

    And no property can collapse too. Remember the 2008 housing crisis?

    I don't remember shit about 2008 cause I was very young haha
    but real estate doesn't keep on collapsing. It'll eventually get back up because there's no unlimited supply for land & you can't create more.

    Also the dollar collapsing doesn't mean it's the end of civ. People evolve. That's why decentralized finance where the govts can't barge in is a really hot topic rn

    Uba meka karada?

    Nehe moko mata echchara interest ekak nehe danata stable coins thiyagena inna. Atm I'm in more riskier investments
    karanna one nan help ekak dennam maha loku deyak nemei
     
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    dasith077

    Well-known member
  • Jun 18, 2009
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    Ⓔᗩ𝓇ţħ
    I don't remember shit about 2008 cause I was very young haha
    but real estate doesn't keep on collapsing. It'll eventually get back up because there's no unlimited supply for land & you can't create more.

    Also the dollar collapsing doesn't mean it's the end of civ. People evolve. That's why decentralized finance where the govts can't barge in is a really hot topic rn



    Nehe moko mata echchara interest ekak nehe danata stable coins thiyagena inna. Atm I'm in more riskier investments
    karanna one nan help ekak dennam maha loku deyak nemei
    cool. what's the minimum amount you suggest, to begin with?
     

    dmsupun

    Well-known member
  • May 13, 2007
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    Kandy
    Kunu idam, kunu wahana wikunaganna nam minissu amaruwe danna epaa kollo. i have seen many peoply trying sell useless properties for higher prices. beware when you invest. Specially 'Ath pita mudalata Panapayi' Stuff.

    danata as a start USD walin salli thiyaganna balanna. ita passe tika tika wena assets walata move wenna.

    Ubalata USD thiyagena 20% interest ganna widihak man pennannam crypto walin.

    https://app.anchorprotocol.com/earn

    me thiyenne Anchor protocol. Terra chain eke project ekak.
    Bascially convert all of your usd to usdt & then to ust (all are stable coins). & stake ust on anchor protocol. Right now 21% interest.

    Dan mata pennapan lankawe ekama bank ekak or any other financial institution ekak 20% interest ekak dena?
    See what you are up to 😂
    ------ Post added on Mar 31, 2021 at 8:07 PM