The shitification of $AU ruined my dreams
Graph shows $AU against Euro. At its height in 2012, it bought 83 cents. Now it buys 57. As someone looking to move to Europe, my savings are now worth less, despite hard saving, than they were 3 years ago, when the now shitcoin AUD bought 70 cents. In other words, despite working non stop full time, sacrificing everything and saving in a high interest account (5.5%), I have less savings in euro than I had 3 years ago. In what universe does that make any sense? I cannot save for a one-bedroom apartment in the city of my choice (Barcelona). If I saved in bitcoin instead, now I would have enough to buy a luxury house in Barcelona. Same effort, same level of savings. A life aspiration destroyed by a shitcoin that I trusted as a value storage. submitted by /u/shervek [link] [comments]
| | Graph shows $AU against Euro. At its height in 2012, it bought 83 cents. Now it buys 57. As someone looking to move to Europe, my savings are now worth less, despite hard saving, than they were 3 years ago, when the now shitcoin AUD bought 70 cents. In other words, despite working non stop full time, sacrificing everything and saving in a high interest account (5.5%), I have less savings in euro than I had 3 years ago. In what universe does that make any sense? I cannot save for a one-bedroom apartment in the city of my choice (Barcelona). If I saved in bitcoin instead, now I would have enough to buy a luxury house in Barcelona. Same effort, same level of savings. A life aspiration destroyed by a shitcoin that I trusted as a value storage. [link] [comments] |
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