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If you could earn anything with a simple savings account, or safe assets like bonds, then the obsession with finding the Next Big Thing in finance wouldn't be anywhere near as popular. But there are no options - it's finding something to gamble on, or lose your wealth to inflation. No one wants to have their life savings inflated away.

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US I-series savings bonds are yielding 7.1% (and is tax advantaged) which seems to be better than the staking yields of the more reputable PoS coins.

But there are different kinds of gambling. VTI will almost certainly crush inflation over a period of decades. The weird token that my brother-in-law is buying doesn't have the same risk profile as that.

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