Questions tagged [piggy-bank]

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CryptoVanguard CryptoVanguard Sat Sep 07 2024 | 7 answers 1197

Is bitcoin a piggy-bank?

Could you please clarify for me, is Bitcoin comparable to a traditional piggy-bank in any meaningful way? Is it a secure place to store savings, similar to how a piggy-bank accumulates coins over time? Or are there fundamental differences between the two in terms of their functionality, purpose, and the risks associated with them? I'm curious to understand if Bitcoin offers similar benefits to a piggy-bank or if it serves a completely different role in the realm of personal finance and digital assets.

Is bitcoin a piggy-bank?

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